Tag Archives: Tariffs

WASHINGTON (AP) — President Donald Trump was set to officially begin levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy. The White House said that starting just after midnight that goods from more than 60 countries and the European Union …

Dozens of countries face higher taxes on their exports to the US now that Donald Trump’s latest wave of country-specific tariffs has come into force. The sweeping “reciprocal” levies announced by the White House a week ago – just before a previous 1 August deadline was due to elapse – were in place as of a minute past midnight Washington …

This story is from an installment of In the Loupe, our weekly insider newsletter about the best of the watch world. Sign up here. Back in early April, when President Trump first announced his reciprocal tariffs—including a 31 percent levy on Swiss goods—the Swiss watch industry, which had gathered in Geneva for Watches and Wonders, went into a collective state of panic. …

Staggering U.S. Tariffs Begin as Trump Widens Trade War  The New York Times Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect  The Guardian New tariffs snap into effect, raising import taxes to highest level since Great Depression  NBC News The David Frum Show: Trump’s Tariff Disaster  The Atlantic State of U.S. Tariffs: August 1, 2025  The …

A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asia semiconductor-related stocks traded mixed Thursday after U.S. President Donald Trump announced he would impose a 100% tariff on chip imports, with an exemption for companies that are “building in the United States.” Details on how much …

Trump raises tariffs on India to 50 percent, citing Russian oil purchases  The Washington Post Trump’s Tariff Gamble Puts America’s Ties With India at Risk  The New York Times CNBC Daily Open: Russian oil costs India big  CNBC Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil  CNN ADDRESSING THREATS TO THE UNITED STATES BY THE GOVERNMENT OF …

RIO DE JANEIRO (AP) — Brazil requested consultations at the World Trade Organization over tariffs imposed by U.S. President Donald Trump against the South American nation that went into effect on Wednesday. Trump has directly tied the 50% tariff on many imported Brazilian goods to the judicial situation of his embattled ally, former President Jair Bolsonaro, who is currently under …

Trump doubles tariffs on India to 50% over Russian oil purchases  Axios Trump threatens 50% tariffs on India for buying Russian oil  BBC Trump’s Tariff Gamble Puts America’s Ties With India at Risk  The New York Times ADDRESSING THREATS TO THE UNITED STATES BY THE GOVERNMENT OF THE RUSSIAN FEDERATION  The White House (.gov) Trump raises tariffs on India, Canada, Brazil and others over …

US to hike tariffs on India to 50 percent over Russian oil purchases  Politico Trump’s Tariff Gamble Puts America’s Ties With India at Risk  The New York Times Trump non-committal on whether extra India tariffs will go with Russia-Ukraine ceasefire  The Hindu ADDRESSING THREATS TO THE UNITED STATES BY THE GOVERNMENT OF THE RUSSIAN FEDERATION  The White House (.gov) Trump raises tariffs on India, …

Swiss Shock at Trump Tariffs Floats EU Rethink  Bloomberg.com Switzerland is in a uniquely difficult position when it comes to tariffs. Here’s why  CNBC Swiss President Set to Leave Washington Without Lower Tariff  Bloomberg.com Swiss cheesemakers fear for US sales if hit by tariffs  Reuters America’s tariff avalanche catches Switzerland unawares  The Economist Source link