Finance News – Tariffs
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Trump's tariffs hit the West's busiest port - with traffic down by nearly a third
The imposition of tariffs has led to a substantial decrease in cargo shipments at the major West Coast port, resulting in nearly a 30% decline in overall shipping activity and econ...
Read Full Article →Boeing is the big winner in Trump's first trade deal
Boeing secured a significant contract from British Airways' parent company, marking a positive financial outcome linked to the recent trade agreement between the United States and...
Read Full Article →First Chinese freight ship goods hit with Trump's 145%-plus tariffs arriving at U.S. ports
The arrival of Chinese-made products subjected to steep tariffs marks a notable development impacting import costs for major U.S. retailers across various industries.
Read Full Article →Trump signals openness to cutting China tariffs ahead of Geneva talks
The potential reduction in import duties between the US and China could influence trade balances and market dynamics, coinciding with China’s announcement of a rise in internationa...
Read Full Article →US-UK trade deal imposes conditions on ownership of British steel plants
The trade agreement between the US and UK includes ownership stipulations for British steel facilities to prevent Chinese companies from using these plants to bypass American tarif...
Read Full Article →The art of dealing with Donald Trump? Don’t fight him alone | Jonathan Freedland
The recent trade agreement offers economic opportunities for the UK, but long-term benefits depend on collaborative efforts with international partners to address broader challenge...
Read Full Article →The Guardian view on the impact of Trump’s film tariffs: a disaster movie waiting to happen | Editor...
The implementation of steep tariffs on foreign-produced films could significantly reduce revenue for the UK’s recovering movie sector, potentially undermining investments and emplo...
Read Full Article →Consumer confidence has fallen, but these companies are seeing a spending uptick
Despite overall economic uncertainties and declining consumer sentiment, certain firms are experiencing increased sales that indicate targeted areas of financial growth amid broade...
Read Full Article →Bank of Canada to start cutting rates again as jobs blow from tariffs materializes, economists say
Economists suggest that the rise in unemployment to 6.9% may prompt the Bank of Canada to reduce interest rates, aiming to support economic growth amid emerging trade-related chall...
Read Full Article →‘No one’s buying anything now’: how tariffs are striking a blow to historic Chinatowns
The newly imposed tariffs on Chinese products have increased costs for Chinatown’s small business owners, further straining their financial stability amid ongoing challenges like t...
Read Full Article →Jamie Dimon on Trump's tariff blitz: 'Too large, too big, and too aggressive'
JPMorgan Chase’s CEO expressed concerns that the recent broad and aggressive tariffs could impact economic stability, while acknowledging the government's aim to protect domestic i...
Read Full Article →‘A kick in the teeth’: UK film industry’s horror at possible Trump tariffs
The potential introduction of tariffs by the United States could lead to increased costs and financial challenges for UK-based film production companies involved in creating props...
Read Full Article →The U.S. and China are set for icebreaker trade talks. Here's what to expect
The upcoming negotiations between the two countries could impact global markets, as prolonged tariffs have strained industries and complicated supply chains, prompting efforts to f...
Read Full Article →Trump floats dropping China tariffs to 80 per cent ahead of talks
Reducing tariffs on Chinese goods could impact trade balances and market dynamics as key diplomatic discussions between the United States and China approach, signaling potential sh...
Read Full Article →How Singalong Starmer got his deal … and a bit part in Trump, the Musical | Marina Hyde
The recent agreement between the UK and the US partially reduced import tariffs on British goods, marking a modest improvement in trade relations despite continuing higher costs co...
Read Full Article →Trump floats China tariff cut
Reducing tariffs on Chinese imports could impact trade balances and market dynamics, potentially influencing economic relations as negotiations between the two countries progress.
Read Full Article →Canada's unemployment rate climbs to 6.9% as tariffs bite
The rise in joblessness to 6.9% reflects growing concerns that escalating trade tensions may be negatively affecting employment opportunities across various sectors in Canada.
Read Full Article →Trump keeps talking about unilateral ‘deals.’ Some tariffs may go up, Goldman economist warns.
Goldman’s chief political economist highlights potential market impacts as the president signals possible increases in tariffs on key trading partners, which could influence intern...
Read Full Article →UK-US trade deal still leaves Britain facing high tariffs, says BoE governor
The recent agreement between the UK and US is viewed positively by officials, yet ongoing ambiguity continues to impact companies’ financial planning due to the persistence of subs...
Read Full Article →Trump's deal with the UK sends a clear message: 10% tariffs are here to stay
Analysts suggest that the agreement with the UK indicates a baseline of 10% tariffs may become standard, potentially influencing future trade negotiations and economic conditions g...
Read Full Article →Trump's tariffs are stressing the 'trade nerds' out
The implementation of tariffs has increased complexities in international commerce, leading to heightened challenges for professionals responsible for managing and analyzing global...
Read Full Article →Bank of England governor urges EU trade rebuild as key summit looms
The Bank of England governor emphasized the importance of strengthening economic ties with the European Union to enhance trade stability and support long-term financial growth ahea...
Read Full Article →British Airways owner agrees $13bn deal to buy 32 Boeing planes
The recent $13 billion purchase of 32 Boeing aircraft by British Airways’ parent company highlights a major investment following the new US-UK trade deal that reduced tariffs on ae...
Read Full Article →The aluminum sector isn't moving to the U.S. despite tariffs — due to one key reason
Despite increased duties, U.S. aluminum manufacturing remains subdued as elevated expenses and shifting international trade dynamics continue to discourage relocation of operations...
Read Full Article →U.S. tariff pressure has retailers evaluating their prices
Several well-known consumer brands are reassessing their pricing approaches amid trade policy changes, which could have notable implications for retail costs and profit margins in...
Read Full Article →Is the UK-US trade deal a win for Starmer?
The newly established trade agreement between the UK and the US marks a significant development, potentially boosting economic ties and impacting tariffs that have influenced bilat...
Read Full Article →China exports beat expectations despite slump in trade with US
China’s overall export growth exceeding predictions in April highlights the country's resilient trade performance despite a notable decline in shipments to its major partner, the U...
Read Full Article →Trump hints tariffs on China may drop as talks set to begin
The possibility of reduced tariffs between the US and China could influence market stability and trade flows as high-level discussions between the two countries’ representatives ar...
Read Full Article →Trade deals, global wars and AI Jedi posts: where is Trump’s focus? – podcast
The recently revealed US-UK trade agreement framework and newly imposed tariffs on imported films could impact international commerce and domestic entertainment markets, reflecting...
Read Full Article →The U.S. economy might be able to handle any disruption from Trump’s tariffs more easily than Wall S...
Despite widespread concerns, recent analyses suggest that the overall financial impact of the tariffs may be less severe than anticipated, reflecting the economy’s resilience and c...
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