Trump pushes for 15%-20% minimum tariff on all EU goods
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1don MSN
European exporters say a 30% U.S. import tariff would drive prices unsustainably high and hammer their sales. While some manufacturers are shifting their supply chains stateside or elsewhere, not all businesses have the same flexibility — and can't easily replace the developed U.
Bangladesh signed a deal on Sunday to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions,
M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,
The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States.
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Markets may be mispricing tariff risks. Find out why record customs revenue, low volatility, and past patterns make a retreat less likely this time.
The White House's dragged-out tariff rollout means the Federal Reserve needs more time to understand the economic consequences of new trade barriers, Atlanta Fed President Raphael Bostic said. In an interview Thursday,
Asian countries are offering to buy more U.S. liquefied natural gas to ease trade tensions with the Trump administration.
Japan's top tariff negotiator, Ryosei Akazawa, said on Saturday he planned to visit Washington next week to hold further ministerial-level talks with the U.S.
A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.