Tag Archives: Tariffs

Canada to remove many retaliatory tariffs on US goods, says Carney  Reuters Canada drops many of its retaliatory tariffs on the U.S.  CNBC Canada will match US tariff exemptions under USMCA trade pact, Prime Minister Carney says  AP News Canada to Remove 25% Tariff on Some U.S. Goods  The Wall Street Journal Canada to remove retaliatory tariffs on many U.S. goods  CBS News Source link

Postal services around the world are pausing some deliveries to the US over confusion around new import taxes that must be paid on parcels from the end of the month. US President Donald Trump signed an executive order last month ending the global import tax exemption on low-value parcels, which takes effect from 29 August. While gifts worth less than …

Canada to Drop Many Retaliatory Tariffs in Olive Branch to Trump  Bloomberg.comView Full Coverage on Google News Source link

Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida, Aug. 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they and their shoppers are responding to President Donald …

U.S., Europe release new details on auto tariffs under trade deal  Axios U.S. and EU spell out tariffs for autos, pharmaceuticals and more  CNBC Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers  The New York Times It’s official. We have finalized our historic U.S.–EU Framework Agreement on Reciprocal, Fair, and Balanced trade. The EU has agreed to open its …

Sony has announced a $50 price hike for all three versions of its flagship video game console, the PlayStation 5, in the United States — and social media is furious. The company previously confirmed President Donald Trump’s ongoing trade war could lead to rising prices. Sony’s vice president of global marketing, Isabelle Tomatis, broke the news Wednesday. “Similar to many …

Walmart says customer behaviors are changing due to tariffs  Axios Walmart hikes sales and earnings outlook even as it says tariff costs are rising  CNBC Walmart raises guidance despite EPS miss, tariffs weighing  Quartz Walmart stock falls after earnings, profit outlook misses forecasts as US sales growth accelerates  Yahoo Finance Walmart Sees Sales ‘Momentum’ Despite Tariffs  The New York Times Source link

Shares in healthcare group Johnson & Johnson (JNJ) were in worse shape today despite pledging to ramp up investment in U.S. manufacturing in the face of Trump tariffs. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The group said it …

The United States has agreed to limit tariffs on pharmaceuticals, lumber and semiconductors imported from the European Union to 15%, according to an agreement released Thursday. President Donald Trump recently threatened the European pharmaceutical industry with tariffs as high as 250% and the region’s semiconductor industry with tariff rates as high as 100%. The announcement comes as Trump’s global trade …

WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged. According to the minutes of the July 29-30 meeting, released Wednesday, members of the Fed’s interest-rate setting committee “assessed that the effects of higher tariffs had …