Tag Archives: Tariffs

Stock Markets Fall on Weak Jobs Report and Trump’s New Tariffs: Live Updates – The New York Times

Stock Markets Fall on Weak Jobs Report and Trump’s New Tariffs: Live Updates  The New York Times Stock market today: Dow, S&P 500, Nasdaq slump after weak jobs report, Trump’s tariff redux  Yahoo Finance US markets open lower after Trump raises tariffs on dozens of countries  BBC Wall Street slumps and bond yields sink following weak hiring numbers and new tariffs  AP News Trump …

Read More »

The Rough Day in Court for Trump’s Tariffs – The Wall Street Journal

The Rough Day in Court for Trump’s Tariffs  The Wall Street Journal Trump Sees Emergencies Everywhere. Judges Are Considering Whether to Rein Him In.  The Wall Street Journal Appeals Court Hears Legal Challenge to Trump Tariffs as Trade War Widens  The New York Times Appeals court questions Trump’s authority to impose tariffs without Congress  PBS Trump’s lawyers encounter some courtroom skepticism as they defend …

Read More »

Trump hits more countries with steep tariffs, markets dive

Trump hits more countries with steep tariffs, markets dive

By John Revill and Trevor Hunnicutt ZURICH/WASHINGTON (Reuters) – U.S. President Donald Trump’s latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling on Friday and countries and companies scrambling to seek ways to strike better deals. As Trump presses ahead with plans to reorder the global economy with the highest tariff rates since …

Read More »

Stocks Buckle Under Trump Tariffs; Amazon Slumps: Markets Wrap

Stocks Buckle Under Trump Tariffs; Amazon Slumps: Markets Wrap

(Bloomberg) — Global stocks extended a selloff as President Donald Trump’s sweeping import tariffs fueled concerns about the outlook for economic growth. Most Read from Bloomberg Futures on the S&P 500 retreated more than 1%, suggesting the underlying gauge will extend a three-day run of declines. Amazon.com Inc. slumped as much as 8% in premarket trading as its underwhelming earnings …

Read More »

Canada will be its own best customer, says Carney, after Trump imposes new tariffs on dozens of countries – US politics live | US news

Canada will be its own best customer, says Carney, after Trump imposes new tariffs on dozens of countries – US politics live | US news

Key events Show key events only Please turn on JavaScript to use this feature Cambodia’s prime minister has praised the new tariff rate and said it is good news for the nation’s economic development. Prime minister Hun Manet said in a statement posted to Facebook late on Thursday night that “this is the best news for the people and economy …

Read More »

Ford: Trump’s Tariffs Will Cost $2 Billion and Benefit Japanese Rivals

Ford: Trump’s Tariffs Will Cost  Billion and Benefit Japanese Rivals

Jim Farley, the CEO of Ford, said on Wednesday that the Trump administration’s tariff policy would saddle the automaker with a $2 billion bill while benefiting its Japanese rivals. “Our tariff bill is $2 billion, and that’s a net number,” Farley said in an earnings call. The company had projected a tariff hit of $1.5 billion in its last quarter. …

Read More »

Five things that are more expensive in Canada due to tariffs

Five things that are more expensive in Canada due to tariffs

Nadine Yousif BBC News, Toronto Reuters The trade war between the US and Canada has escalated sharply with President Donald Trump increasing the tariff rate on Canadian imports from 25% to 35%. Most goods will avoid the increased costs entering the US market because they are currently exempted under an existing North American trade treaty. But some key products are …

Read More »

Canadian Dollar Falls as Canada Faces High Tariffs on U.S. Exports – The Wall Street Journal

Canadian Dollar Falls as Canada Faces High Tariffs on U.S. Exports  The Wall Street Journal One Wall Street firm tells investors how to trade the July payrolls data  MarketWatch Forex Today: The US NFP grabs all the attention  FXStreet Dollar Index Gets Back Above 100 Point Mark  Barron’s Worst Case Scenario Largely Avoided and There’s a Clear Starting Point  Action Forex Source link

Read More »

Trump Gives Mexico a Reprieve but Slams Canada With Higher Tariffs – The New York Times

Trump Gives Mexico a Reprieve but Slams Canada With Higher Tariffs  The New York Times Trump tariffs live: new rates on 92 countries released; Canada PM ‘disappointed’ at 35% levy  The Guardian Trump orders a 35% tariff for goods from Canada, citing a lack of cooperation on illicit drugs  The Seattle Times Fact Sheet: President Donald J. Trump Amends Duties to Address the …

Read More »

Apple says Trump’s tariffs are adding another $1 billion to its costs

Apple says Trump’s tariffs are adding another  billion to its costs

Apple is spending a lot on President Donald Trump’s tariffs. During an earnings call on Thursday, Apple CEO Tim Cook said the duties could add $1.1 billion to its costs during the September quarter. Cook says Apple has already spent around $800 million during the June quarter, which is less than the $900 million that the company predicted in May. …

Read More »