Tag Archives: Tariffs

Volkswagen Hit Hard by Trump’s Tariffs  The New York Times Volkswagen cuts guidance after taking $1.5 billion hit from U.S. tariffs in first half  CNBC Volkswagen cuts 2025 guidance after $1.5 billion tariff hit in first-half  Reuters Volkswagen takes €1.3bn hit from ‘high costs’ of Trump tariffs  The Guardian VW Cuts Outlook as US Tariffs Weigh on Audi, Porsche Margins  Bloomberg Source link

Paul Kirby Europe digital editor Bloomberg via Getty Images Failure to reach a deal would lead to 30% US tariffs and EU countermeasures targeting US exports The European Union has said it believes a deal on trade tariffs with the US is “within reach”, ahead of a 1 August deadline when President Donald Trump has threatened to impose a sweeping …

US Companies, Consumers Are Paying for Trump’s Tariffs, Not Foreign Firms  Bloomberg.com Tariffs haven’t raised prices significantly yet. That’s about to change.  vox.com Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline  Forbes Companies are passing rising tariff costs on to U.S. consumers, real-time pricing data show  The Globe and Mail Tariffs hit U.S. companies hard, but businesses absorb …

Initial predictions about runaway inflation and empty shelves after President Donald Trump announced his sweeping tariffs in April have yet to materialize. Some in the Trump administration have taken that as a sign that he should double down on tariffs. Earlier this month, Treasury Secretary Scott Bessent posted on X that the “inflation propagandists have been proven wrong.” White House …

Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on Thursday, the retailer said it expects full-year sales …

Trump’s Tariffs Are Being Picked Up by Corporate America  The Wall Street Journal Tariffs haven’t raised prices significantly yet. That’s about to change.  vox.com US Companies, Consumers Are Paying for Trump’s Tariffs, Not Foreign Firms  Bloomberg Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline  Forbes Tariffs hit U.S. companies hard, but businesses absorb them for now  The Washington Post …

Trump tariffs wreaking havoc in Brazil’s citrus belt  Reuters Trump’s astonishing battering of Brazil  The Economist Small Brazilian coffee producers fear for the future after Trump’s 50% tariff  AP News Orange juice importer sues Trump, says Brazil tariffs will mean higher prices for consumers  CNN U.S. coffee drinkers and businesses will pay the price for Trump’s Brazil tariffs  NPR Source link

The President of the European Central Bank Christine Lagarde at the 2025 European Central Bank Forum on Central Banking on June 30, 2025 in Sintra, Portugal. Horacio Villalobos | Corbis News | Getty Images The European Central Bank on Thursday kept interest rates steady amid major economic uncertainty, as the European Union scrambles to negotiate a trade agreement with the …

U.S., Europe closing in on trade deal with 15% tariffs, reports say  Axios Stock Market News, July 23, 2025: EU Seeks 15% Baseline Tariffs In U.S. Trade Deal  The Wall Street Journal US, EU trade talks bolstered by Trump’s agreement with Japan  Reuters US and EU close in on 15% tariff deal  Financial Times EU Readies €100 Billion No-Deal Plan to Match US 30% …

Canadian Prime Minister Mark Carney has said his country “will not accept a bad deal” simply to reach a trade agreement with the US, as a deadline of 1 August looms before US President Donald Trump begins to impose new tariffs. “Our objective is not to reach a deal whatever it costs,” Carney told reporters in Ontario. “We are pursuing …