Tag Archives: Tariff

When Treasury Secretary Scott Bessent first described tariffs as the “dog that didn’t bark,” analysts weren’t convinced. Many believed that businesses would pass through hikes to consumers—as various datasets confirmed—thus pushing up inflation. Yet in the months since President Trump’s “Liberation Day” in early April, those fears have cooled. Whether or not that anxiety has dissipated to the point of …

WASHINGTON/TOKYO — The U.S. and Japan have agreed to a trade deal that would bring down both auto tariffs and the “reciprocal” levies threatened by President Donald Trump from 25% to 15%, culminating months of negotiations ahead of an Aug. 1 deadline. Writing on Truth Social Tuesday night, the president said, “We just completed a massive Deal with Japan, perhaps …

Trump Says Japan Deal Reached With Tariff Rate Set at 15%  Bloomberg.com Trump strikes trade deal with Japan to cut tariffs  Reuters Trump sets 15% tariff on Japanese imports as part of investment agreement  NBC News Japan auto stocks soar on report of lower tariffs — Toyota jumps over 15%  CNBC Trump announces ‘massive’ trade deal with Japan  Al Jazeera Source link

Trump says trade deal struck with Japan includes 15% tariff  Reuters Trump announces ‘massive’ trade agreement with Japan  CNN Trump sets 15% tariff on Japanese imports as part of investment agreement  NBC News JPY/USD: Yen Jumps Then Quickly Erases Gains After Japan 15% Tariff Deal  Bloomberg.com Japan PM Ishiba weighs whether to step down over US trade talks, Yomiuri says  Reuters Source link

Natalie Sherman Business reporter, BBC News Getty Images The US will levy a 19% tax on imports from the Philippines, US President Donald Trump has announced after meeting with the country’s president at the White House. Trump wrote on social media on Tuesday that the new tariff was part of a wider pact, in which the Philippines would remove duties …

Tariff strategies: Target ends price-matching promise, while Walmart looks to take market share (TGT:NYSE)  Seeking Alpha Target is changing one of its biggest customer perks  CNN Target to end Price Match Guarantee with Walmart, Amazon  NewsNation Target Announces Major Pricing Change  Newsweek The major retailers still offering price matching, as Target drops the policy  Business Insider Source link

US-Philippines trade talks yield modest tariff shift after Trump-Marcos meeting  Reuters Trump announces trade agreement with the Philippines and terms of deal with Indonesia  CNN Trump says Philippines will pay 19% tariffs in deal struck with leader Marcos  AP News Philippine President Marcos, Trump talk tariffs, China at White House  upi.com Trump says U.S. struck trade, military deal with the Philippines; Manila has not …

Trump says US will charge 19% tariff on goods from Philippines  Reuters Trump announces trade agreement with the Philippines and a 19% tariff  CNN Live updates: Trump signals he’ll let Powell serve out his term as Federal Reserve chair  The Washington Post Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed  CNBC Live updates: Mike Johnson sends House home …

CNN  —  President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. The agreement calls for 19% tariffs on goods coming from the Philippines, while American goods shipped there won’t be charged a tariff, Trump said in a post on Truth Social. This comes after the two leaders met in the …

GM Profit Shrinks After $1.1 Billion Tariff Hit  The Wall Street Journal GM’s latest tariff hit: $1.1 billion  CNN G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times GM says Trump tariffs knocked $1.1bn off its operating income last quarter  theguardian.com General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling  MarketWatch Source link