Tag Archives: Tariffs

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

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 …

Price increases arrive from P&G, Adidas, others as tariffs hit home  Axios Shoppers are stressed, but some brands are raising prices anyway  The Washington Post Consumer companies confront tariff pricing dilemma  Reuters P&G reports weakest sales growth since 2018, plans layoffs and price raises  USA Today Procter & Gamble CEO on tariffs: They are ‘inherently inflationary’  Yahoo Finance Source link

President Donald Trump’s global tariff regime heads to court Thursday in a fight for its survival. Starting at 10 a.m. ET, a panel of 11 judges in New York will hear about 45 minutes of arguments each from the Trump administration and two small businesses that say many of his import duties are illegal. Trump’s sweeping tariffs are set to …

Facebook Tweet Email Link For months President Donald Trump has been slapping higher tariffs on practically every country’s exports to the United States, citing emergency economic powers. Now, just as he’s about to enact a new round of tariffs, a federal appeals court could render them void. Oral arguments are scheduled Thursday for an appeal in a case alleging Trump …

Motor industry giant Ford says it expects tariffs to cost it about $2bn (£1.5bn) this year, which is more than previously expected, despite building most of its cars in America. The company says it had already paid an extra $800m in duties in the three months ending in June. It also suffered losses related to cutting an electric vehicle programme. …

WASHINGTON (AP) — President Donald Trump signed an executive order Wednesday to impose his threatened 50% tariffs on Brazil, setting a legal rationale that Brazil’s policies and criminal prosecution of former President Jair Bolsonaro constitute an economic emergency under a 1977 law. Trump had threatened the tariffs July 9 in a letter to President Luiz Inacio Lula da Silva. But …

Trump Threatens India With Steep Tariffs, Including Penalty Over Russian Oil  The New York Times Trump has slapped steep tariffs on India. Here’s why New Delhi did not rush into a deal with Washington  CNBC Donald Trump Tariffs News Live Updates: India braces for 25% tariffs plus penalty for Russia trade; 6 Indian companies face US sanctions for oil purchase  The Times of …

President Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House on Feb. 13. Andrew Caballero-Reynolds/AFP via Getty Images hide caption toggle caption Andrew Caballero-Reynolds/AFP via Getty Images President Trump on Wednesday said that the United States will begin imposing 25% tariffs on goods imported from India on Aug. 1. …

U.S. Hits Brazil With 50% Tariffs and Sanctions in Sharp Escalation  The New York Times Trump accused of ‘attack on Brazilian democracy’ after sanctioning Bolsonaro trial judge  The Guardian Sanctioning Brazilian Supreme Court Justice Alexandre de Moraes for Serious Human Rights Abuse  U.S. Department of State (.gov) U.S. stiffens sanctions against judge at center of U.S.-Brazil feud  The Washington Post U.S. sanctions Brazilian judge …