Tag Archives: Tariffs

US-Japan trade deal: Trump announces ‘massive’ agreement, including 15% ‘reciprocal’ tariffs on exports

US-Japan trade deal: Trump announces ‘massive’ agreement, including 15% ‘reciprocal’ tariffs on exports

CNN  —  President Donald Trump announced a long-awaited trade agreement with Japan on Tuesday night, a framework between allies and major trading partners that appeared elusive just weeks ago. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump said on Truth Social. As part of the deal, US importers will pay 15% “reciprocal” tariffs …

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Tariffs hit U.S. companies hard, but businesses absorb them for now – The Washington Post

Tariffs hit U.S. companies hard, but businesses absorb them for now  The Washington Post US Companies, Consumers Are Paying for Trump’s Tariffs, Not Foreign Firms  Bloomberg Kelly Evans: The tariff math  CNBC Here’s who is bearing the cost of Trump’s tariffs so far this year  MarketWatch Americans are mostly paying for tariffs — and price rises may be on the way, says Deutsche Bank  Business …

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Trump announces ‘massive’ trade deal with Japan with 15% tariffs

Trump announces ‘massive’ trade deal with Japan with 15% tariffs

U.S. President Donald Trump speaks during a joint press conference with Japanese Prime Minister Shigeru Ishiba in the East Room at the White House on February 07, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump on Tuesday stateside announced that he had made the “largest Deal ever” with Japan, that involves …

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GM Stock Falls After It Reports a $1.1 Billion Hit From Tariffs – Barron's

GM Stock Falls After It Reports a $1.1 Billion Hit From Tariffs  Barron’s G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling  MarketWatch GM Is Built to Weather This Policy Storm  Bloomberg GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May  AP …

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Trump and Philippine leader plan to talk tariffs and China

Trump and Philippine leader plan to talk tariffs and China

WASHINGTON (AP) — President Donald Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking closer security and economic ties in the face of shifting geopolitics in the Indo-Pacific region. Marcos, who met Secretary of State Marco Rubio and Defense Secretary Pete Hegseth on Monday, is set to become …

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GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs – Bloomberg.com

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs  Bloomberg.com G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times Trump tariffs take a $1 billion bite out of GM earnings; shares fall  MSN GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure  CNBC GM’s core profit slides in second quarter as Trump’s tariffs bite  Yahoo Finance …

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Europe has a ‘trade bazooka’ against Trump’s trade tariffs

Europe has a ‘trade bazooka’ against Trump’s trade tariffs

President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. Jonathan Ernst | Reuters The European Union appears to be preparing to deploy its “Anti-Coercion Instrument” — characterized as a “nuclear option” to try to deter trade disputes — as …

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AstraZeneca to invest $50 billion in the U.S. as pharma tariffs weigh

AstraZeneca to invest  billion in the U.S. as pharma tariffs weigh

The office building of international biopharmaceutical company AstraZeneca. Cfoto | Future Publishing | Getty Images AstraZeneca on Monday said it plans to invest $50 billion in bolstering its U.S. manufacturing and research capabilities by 2030, becoming the latest pharmaceutical firm to ramp up its stateside spending in the wake of U.S. trade tariffs. The Anglo-Swedish biotech company, which is headquartered …

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