Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal agency said Saturday. The Universal Postal Union says it has started rolling out new measures that can help postal operators around the world calculate and collect duties, or taxes, after the U.S. eliminated the so-called “de minimis exemption” …
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U.S. Importers Eye Refund Options as Tariff Fight Goes to Supreme Court – The Wall Street Journal
U.S. Importers Eye Refund Options as Tariff Fight Goes to Supreme Court The Wall Street Journal Trump Is Trying to Blackmail the Supreme Court Politico What’s next for Trump’s tariffs? NBC News Trump asks Supreme Court to reverse tariffs ruling finding them illegal NPR Group of small businesses calls on Supreme Court to decide tariffs case SCOTUSblog Source link
Read More »Trump signs order offering some tariff exemptions to countries with US trade deals – Reuters
Trump signs order offering some tariff exemptions to countries with US trade deals Reuters Modifying The Scope of Reciprocal Tariffs and Establishing Procedures for Implementing Trade and Security Agreements The White House (.gov) Trump floats lower tariffs on human hair, edible bugs in new list Axios Trump Exempts Gold, Tungsten and Uranium From Global Tariffs Bloomberg.com Donald Trump signs executive order exempting several goods …
Read More »Lululemon revises outlook as tariff pressures impact US Q2 performance
In the second quarter of 2025 (Q2) ended 3 August 2025, Lululemon’s total revenue increased 7% to $2.5bn (6% on a constant currency basis) compared to Q2 of 2024 . Its Americas net revenue was up 1% and its international net revenue climbed 22% (or 20% on a constant currency basis). Lululemon’s CEO Calvin McDonald explained: “While we continued to …
Read More »Tariff instability and a break with China is hitting American companies hard, and homegrown manufacturer John Deere is no exception
John Deere is the kind of homegrown, domestic manufacturer President Donald Trump claims to support, yet his tariffs and hostility toward China are threatening its bottom line. The Moline, Ill.–based tractor and agriculture machinery manufacturer boasted a record profit just two years ago, but since then its luck has turned. That’s partly because of instability related to tariffs and an …
Read More »Trump Signs Order Cementing Deal With Japan, Setting 15% Tariff – Bloomberg.com
Trump Signs Order Cementing Deal With Japan, Setting 15% Tariff Bloomberg.com IMPLEMENTING THE UNITED STATES–JAPAN AGREEMENT The White House (.gov) Exclusive: Trump signs order to bring lower Japanese auto tariffs into effect Reuters Japanese Equities Set for Gains as 15% Trump Tariff Deal Sealed Bloomberg.com Trump signs order to lower US tariffs on Japan autos to 15% Yahoo Finance Source link
Read More »American Eagle Outfitters beats Q2 estimate, predicts tariff impact
Aerie comparable sales grew 3% in Q2 FY25. Credit: JHVEPhoto/Shutterstock.com. During the second quarter (Q2) ended 2 August 2025, American Eagle Outfitter’s net revenue of $1.28bn marked a slight decrease of 1% compared to the previous year, while total comparable sales also saw a 1% decline. The revenue figure surpassed expectations by 4.07%, said the company during the earnings call. …
Read More »Rising Tariff Costs Squeeze Consumers, as Federal Reserve Report Highlights Economic Strain
Key Takeaways Tariffs are pushing up prices across the country, squeezing household budgets, according to a report by the Federal Reserve. Consumers facing tariff price pressures are cutting back spending in many places, leading companies to cut back hiring. The “Beige Book” report could amplify concerns about the job market among Fed policymakers and push the central bank to cut …
Read More »If Trump loses his tariff lawsuit, America may have to refund businesses more than $200 billion
Facebook Tweet Email Link The majority of the sweeping tariffs President Donald Trump imposed during his second term face one final litmus test that will determine whether he can continue to levy them – and also whether businesses are eligible for massive refunds. That potentially dramatic turn in the tariff saga comes after a federal appeals court ruled on Friday …
Read More »Companies could be owed billions of dollars if tariff ruling sticks – Axios
Companies could be owed billions of dollars if tariff ruling sticks Axios The Supreme Court faces a critical test related to Trump’s tariffs MSNBC News Treasury yields jump on prospect of U.S. having to refund tariff money; 30-year yield tops 4.97% CNBC Tariff Chaos Reigns and America’s Economy Suffers Bloomberg.com Trump Signals Imminent Supreme Court Appeal to Protect Tariffs The New York Times Source link
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