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 …
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Trump gets tariffs; Americans get price hikes – Reuters
Trump gets tariffs; Americans get price hikes Reuters Are prices going up because of tariffs? Here’s what we know NPR Who Pays for U.S. Tariffs, and Where Does the Money Go? The New York Times Trump’s tariffs could squeeze US factories and boost costs by up to 4.5% The Guardian Trump tariffs have netted $20 billion: Where the money comes from Axios Source link
Read More »Trump tariffs could increase factory costs by up to 4.5%: analysis
WASHINGTON (AP) — As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2% to 4.5%. “There’s going to be a cash squeeze for a lot of …
Read More »IMF upgrades global growth forecast as Trump tariffs ease, but warns on risks | Global economy
Global growth will be stronger than previously expected this year after Donald Trump scaled back his most extreme tariff threats, the International Monetary Fund said as it upgraded the economic outlook for 2025. The Washington-based organisation said a “de-escalation in tariffs” by the White House spurred a recovery in global trade and a broader economic expansion, though US policies remain …
Read More »Are tariffs driving prices up? Here’s what we know : NPR
A family shops in a toy store in Princeton, N.J. Matt Slocum/AP hide caption toggle caption Matt Slocum/AP It’s the most common question asked about tariffs: When will prices start going up? For months, shoppers heard from manufacturers and retailers that President Trump’s barrage of new tariffs on virtually all imports would cost them dearly. But that hasn’t happened, and …
Read More »Europe Caves to Trump on Tariffs – The New York Times
Europe Caves to Trump on Tariffs The New York Times Europe Made Major Trade Concessions to Trump. How Did That Happen? The New York Times Tesla’s valuation could ‘far exceed’ current levels, RBC Capital Markets says CNBC Trump’s $750 Billion Deal for U.S. Energy Collides With Market Reality The Wall Street Journal Did the U.S. or the EU emerge as the winner in Trump …
Read More »Stellantis faces $1.7B hit from US tariffs this year
MILAN (AP) — Stellantis has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of 2.3 billion euros ($2.65 billion). The maker of Jeep, Chrysler, Fiat and Peugeot cars said Tuesday that net profits plummeted from 5.6 …
Read More »Whirlpool Cuts Dividend, Full-Year Profit Guidance as Tariffs Hurt Quarterly Results – The Wall Street Journal
Whirlpool Cuts Dividend, Full-Year Profit Guidance as Tariffs Hurt Quarterly Results The Wall Street Journal Earnings live: Whirlpool, Tilray stocks tumble, with Spotify earnings on deck Yahoo Finance Whirlpool says rivals have raced to do this to sidestep tariffs MarketWatch Whirlpool Cuts 2025 Outlook as It Awaits Tariff Boost Bloomberg.com Whirlpool slides 12% after weak earnings due to tariff-related stockpiling of competitors’ products (WHR:NYSE) Seeking …
Read More »European wine, spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
In a bar in Neukölln there are bottles of spirits on a shelf. Picture Alliance | Picture Alliance | Getty Images European wine and spirit makers are viewing their exclusion from the newly-etched U.S.-EU trade deal with caution as industry bodies call for a sector specific carve-out. European Commission President Ursula von der Leyen said Sunday that a framework deal …
Read More »To avoid worst of Trump tariffs, E.U. accepted a lopsided deal – The Washington Post
To avoid worst of Trump tariffs, E.U. accepted a lopsided deal The Washington Post Fact Sheet: The United States and European Union Reach Massive Trade Deal The White House (.gov) Trump’s new EU trade deal, briefly explained vox.com 5 takeaways as Trump’s trip to Scotland nears conclusion The Hill Donald Trump’s EU oil and gas deal is ‘pie in the sky’, energy experts warn Financial …
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