Tag Archives: Tariffs

Trump order excludes aircraft, OJ, energy from Brazil tariffs  Reuters Trump Orders 50% Tariffs on Brazil to Come Into Effect in 7 Days  Bloomberg Brazil’s president Lula hits back as Trump tariffs threaten US trade showdown  The Guardian U.S. to Hike Brazil Tariff to 50%, Says White House  The Wall Street Journal Donald Trump’s tariffs spread alarm among Brazilian farmers and ranchers  Financial Times Source …

New German cars are parked at a logistics center in Essen, Germany, on Feb. 3. Martin Meissner/AP hide caption toggle caption Martin Meissner/AP Tariffs have been costly for the auto industry. Higher taxes on imports like aluminum and steel are pushing up the prices of the materials that go into cars, while tariffs on foreign-made parts and imported vehicles have …

The US will impose 25% tariffs on goods imported from India “plus an unspecified penalty” for buying Russian energy and weapons, President Trump has said. In a post on his Truth Social platform, he said the measures would take effect from from 1 August, the US deadline for a trade deal. He described India as a friend whose “tariffs are …

GE HealthCare Stock Falls Despite Earnings Beat. Tariffs Are Creating Confusion.  Barron’s GE HealthCare Tops Estimates, Lifts Profit Outlook on Smaller Tariff Impact  Yahoo Finance GE HealthCare: Q2 Earnings Snapshot  San Francisco Chronicle Assessing the Impact of AI Innovation and Tariff Mitigation on GE HealthCare’s Long-Term Value Creation and Buy Potential  AInvest GE HealthCare Raises 2025 Outlook After Earlier Reduction  The Wall Street Journal Source …

Shipping containers are stacked on the Ever Magic container ship operated by Evergreen at the Port of Los Angeles on June 25, 2025 in Los Angeles, California. Mario Tama | Getty Images The U.S. economy grew at a much better than expected pace in the second quarter, powered by a turnaround in the trade balance and renewed consumer strength, the …

Adidas has warned that US tariffs will cost the German sportswear giant a further €200m (£173m) and confirmed that it will raise prices for American customers. Nearly half of the company’s products are made in Asian countries which recently agreed trade deals with the US. Announcing its latest results, Adidas chief executive Bjorn Gulden said the tariffs “will directly increase …

US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer address a press conference in Rosenbad after the trade talks between the US and China concluded, in Stockholm, Sweden on July 29, 2025. Magnus Lejhall | Afp | Getty Images The much-anticipated U.S.-China trade talks in Sweden turned out to be a letdown after they concluded Tuesday with …

A leading North American mining entrepreneur, who wants to open his own US copper mine, has welcomed plans for a 50% tax on copper imports. Robert Friedland, the billionaire founder of Vancouver-based Ivanhoe Mines and Ivanhoe Electric, told the BBC the tariffs would help re-establish the US copper mining industry. US President Donald Trump has already introduced steel and aluminium …

Tom Espiner Business reporter, BBC News Getty Images The International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April in part due to some US tariffs on goods being softened. A surge in US imports as firms tried to beat impending higher import taxes and actions by some governments to boost growth bumped up its …

Facebook Tweet Email Link Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a resolution to avert tariffs from skyrocketing back to ultra-high levels that formed an effective blockade on trade between the world’s two largest economies. But President Donald Trump’s trade advisers and their Chinese counterparts sounded a hopeful note. Without an agreement, the United States …