U.S. trade deficit in goods widened sharply in July as firms raced to avoid tariffs MarketWatch US goods trade deficit widens sharply in July Reuters U.S. releases advance July goods trade, inventories data TradingView The U.S. Goods Trade Deficit: A Looming Drag on Q3 Growth and Investment Implications AInvest S&P 500 Sinks on Alarming Trade Deficit Report TipRanks Source link
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European Union to remove tariffs on U.S. industrial goods
Rows of Volkswagen ID Buzz electric buses are parked at the National City Marine Terminal, a major port for vehicle imports and exports to the U.S. Kevin Carter | Getty Images News | Getty Images The European Union formally proposed Thursday to remove tariffs on American industrial goods, fulfilling a key element of the U.S.-EU framework trade agreement and ensuring that …
Read More »Dick’s Sporting Goods (DKS) Q2 2025 earnings
A Dick’s Sporting Goods store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Dick’s Sporting Goods raised its full-year sales and earnings guidance after delivering fiscal second-quarter results that beat expectations. The company is now expecting comparable sales to grow between 2% and 3.5%, up from a previous range of 1% and 3% and ahead …
Read More »Canada to remove many retaliatory tariffs on US goods, says Carney – Reuters
Canada to remove many retaliatory tariffs on US goods, says Carney Reuters Canada drops many of its retaliatory tariffs on the U.S. CNBC Canada will match US tariff exemptions under USMCA trade pact, Prime Minister Carney says AP News Canada to Remove 25% Tariff on Some U.S. Goods The Wall Street Journal Canada to remove retaliatory tariffs on many U.S. goods CBS News Source link
Read More »Son Heung-Min delivers the goods for LAFC in first MLS start
With a standout performance in just his second Black & Gold appearance, his first from the opening whistle, the superstar South Korean international registered his first MLS assist in Saturday’s 2-0 win at the New England Revolution. “I’m enjoying every single day, every single second,” the Tottenham Hotspur legend said in a post-match interview on MLS Season Pass. “Especially when …
Read More »US producer inflation heats up as goods, services prices soar – Reuters
US producer inflation heats up as goods, services prices soar Reuters Wholesale prices rose 0.9% in July, much more than expected CNBC Businesses have been eating Trump’s tariffs. That’s starting to change CNN The Case for Interest-Rate Cuts Is Weak. But Trump Is Still Likely to Get Them. Barron’s Stock Market Today: Dow Drops After Wholesale Inflation Accelerates The Wall Street Journal Source link
Read More »Switzerland warns its companies that no, they can’t dodge Trump’s tariffs by routing goods through the tiny neighboring country of Liechtenstein
The Swiss government is telling its domestic companies that they have not, in fact, found a clever way to skirt President Donald Trump’s tariffs by routing goods through the tiny neighborhood country of Liechtenstein. Switzerland and Liechtenstein share a 102-year-old customs treaty allowing the 25km-long principality to share the Swiss economic area. But that agreement, which makes it nearly impossible …
Read More »World shares are mixed ahead of Trump’s deadline for imposing higher tariffs on Chinese goods
BANGKOK (AP) — World shares were mixed on Monday, the day before U.S. President Donald Trump’s deadline for imposing higher tariffs on goods imported from China. Oil prices extended declines that began last week on expectations for a possible breakthrough in the Ukraine conflict from Trump’s planned meeting with Russian President Vladimir Putin on Friday in Alaska. Increases in output …
Read More »What US consumers can expect from new tariffs on imported goods
American businesses and consumers soon will have a better idea of how President Donald Trump’s foreign trade agenda might affect them now that the United States has imposed higher tariffs on products from dozens of countries. It’s been nearly 100 years since the nation had an overall import tax rate as high as the one set Thursday. But the individual …
Read More »Trump’s Tariffs Could Raise Prices on Many Consumer Goods – The New York Times
Trump’s Tariffs Could Raise Prices on Many Consumer Goods The New York Times Tariffs up to 50% kick in worldwide, sparing few CNN Leather, Gems, Jewellery Among Key Sectors Hit Hard By 50% US Tariff NDTV Duty regime: America’s consumers will foot the tariff bill The Economist How tariffs work, and who pays them, as Trump’s levies take effect The Washington Post Source link
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