Trump, tariff
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Trump Says U.S. Reached a Trade Deal With EU
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Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of $2.65 billion.
The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,
The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could compound existing pressures, Fitch and other agencies said on Tuesday, while Moody's warned of the effect on exporting firms.
That statement came some 12 hours after Trump announced an agreement Sunday with the European Union that would see a 15% tax paid on products brought into the United States from the bloc. The E.U. also agreed to spend $750 billion on energy purchases from the U.S., while investing an additional $600 billion here.
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President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.
United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de minimis" tariffs on low-value Chinese shipments and mounting risks from President Donald Trump's trade policies.
A roundup of where things stand with tariffs on key U.S. trade partners and sectors.
Liberal comedian Bill Maher conceded his predictions about President Trump's tariffs were incorrect, noting record-high stock markets and no signs of economic depression.
Recent 20% drop in Embraer shares reflects fear, not fundamentals. Read why 50% tariff hike on Brazilian products is an investment opportunity with ERJ's case.
3hon MSN
Chinese and U.S. trade officials have arrived for a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the
U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to American demands