News

Volkswagen suffers $1.5 billion loss from Trump's tariffs
General Motors on Tuesday said tariffs on cars and auto parts drove $1.1 billion in losses over three months ending in June.
There’s a sweet spot for tariffs. Markets could revolt if Trump is way off
US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade ...
Trump Says He’s Not Focused on Talks With Canada, Tariffs Might Stay
US President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of ...
Trump unlikely to enforce tariff threat on Russian oil
WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs ...
America is starting to eat Trump’s tariff TACO salad, UBS says
It’s quiet ... a little too quiet,” writes Mark Haefele, chief investment officer of UBS Global Wealth Management.
Experts say Trump's 30% tariff on European wines could hurt US consumers, companies
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...
Luxury yacht company continues to sail smoothly despite Trump's trade tariffs, partners with Palm Beach hotel
PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs ...
Trump Tariffs Leave Costly China Supply Question Unanswered
President Donald Trump’s recent flurry of trade deals have given Asian exporters some clarity on tariffs, but missing are key ...
Auto supplier Detroit Axle to cut 102 jobs, close Ferndale warehouse, citing Trump tariffs
Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to ...