Tag Archives: Tariffs

Appeals Court Hears Legal Challenge to Trump Tariffs as Trade War Widens – The New York Times

Appeals Court Hears Legal Challenge to Trump Tariffs as Trade War Widens  The New York Times Trump’s tariffs get frosty reception at federal appeals court  Politico Trump Sees Emergencies Everywhere. Judges Are Considering Whether to Rein Him In.  The Wall Street Journal Appellate judges question Trump’s authority to impose tariffs without Congress  AP News Trump’s tariffs face challenge, while administration rushes to finish trade …

Read More »

Key US inflation gauge rose last month as Trump’s tariffs lifted goods prices

Key US inflation gauge rose last month as Trump’s tariffs lifted goods prices

WASHINGTON — The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods. Prices rose 2.6% in June compared with a year ago, the Commerce Department said Thursday, up from an annual pace of 2.4% in May. Excluding the volatile food and energy categories, …

Read More »

Countdown to Tariffs Leaves US Importers Craving the Fine Print – Bloomberg.com

Countdown to Tariffs Leaves US Importers Craving the Fine Print  Bloomberg.com How much cash is the US raising from tariffs?  BBC US inflation picks up in June as tariffs boost some goods prices  Reuters What to Buy Before Major Tariff-Related Price Hikes Happen  NBC News With Trump tariff deadline one day away, U.S. economy’s wholesalers, distributors fear the worst and plan for price increases  CNBC …

Read More »

Trump tariffs: Mexico deadline extension fuels speculation over further pauses as top Democrat slams ‘chaos’ – live | US news

Trump tariffs: Mexico deadline extension fuels speculation over further pauses as top Democrat slams ‘chaos’ – live | US news

Trump’s extension of Mexico tariff deadline fuels speculation that other countries could also secure pauses Lisa O’Carroll Donald Trump’s extension of the deadline for a tariff deal with Mexico by another 90 days is fuelling speculation that he could announce pauses for dozens of other countries that face punitive higher import duties from tomorrow. As the countdown continues to his …

Read More »

Trump announces 90-day negotiating period with Mexico on tariffs

Trump announces 90-day negotiating period with Mexico on tariffs

WASHINGTON (AP) — President Donald Trump said Thursday that there would be a 90-day negotiating period with Mexico after a call with that country’s leader, Claudia Sheinbaum, as the 25% tariff rates stay in place. Trump, posting on Truth Social, said his phone conversation with Sheinbaum was “very successful in that, more and more, we are getting to know and …

Read More »

Trump extends Mexico’s 25% tariffs for 90 days as talks continue

Trump extends Mexico’s 25% tariffs for 90 days as talks continue

President Donald Trump on Thursday said he would not raise U.S. tariffs on Mexican goods beyond their current levels for 90 days, in order to give the neighboring countries time to strike a trade deal. Trump recently threatened to raise the blanket tariff rate on Mexican imports to 30%, up from the 25% duty he had previously imposed to address …

Read More »

A key US inflation gauge rose last month as Trump’s tariffs lifted goods prices

A key US inflation gauge rose last month as Trump’s tariffs lifted goods prices

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods. Prices rose 2.6% in June compared with a year ago, the Commerce Department said Thursday, up from an annual pace of 2.4% in May. Excluding the volatile food and energy …

Read More »

US appeals court hears arguments over Trump tariffs – Reuters

US appeals court hears arguments over Trump tariffs  Reuters Trump’s trade deadline ticks down to zero. Tariffs are about to soar  CNN Trump Sees Emergencies Everywhere. Judges Are Considering Whether to Rein Him In.  The Wall Street Journal LISTEN LIVE: Trump tariffs challenged in federal appeals court  Fox News Listen: Appeals court skeptical of Trump tariff authority  CNBC Source link

Read More »

Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices. – MarketWatch

Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices.  MarketWatch Consumer spending heated up a bit last month – but so did inflation  CNN Fed’s go-to inflation indicator edges higher in June as tariffs ramp up  Axios Key Inflation Measure Rose in June, Adding to Pressure on Fed  The New York Times Treasury yields slip as traders weigh …

Read More »