Tag Archives: Tariffs

London CNN  —  The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc. A tariff of “30%, or anything above 30%… has more or less the same effect. So, practically it prohibits the trade,” Maroš …

Morning Bid: The art of hogging headlines, using tariffs  Reuters Trump’s trade tactics could boost markets despite tariff threats, former WH advisor says  KFOX Steve Moore says Trump has gotten ‘really good’ tariff deals  MSN Source link

French wine and cheese makers say U.S. tariffs would hit hard  ReutersView Full Coverage on Google News Source link

U.S. markets pointed lower on Sunday night as the Trump administration showed no signs of backing off on tariffs or Federal Reserve Chairman Jerome Powell. After Wall Street previously downplayed risks from President Donald Trump’s trade war, investors are starting to take his tariff threats more seriously. Trump continued his letter-writing blitz, warning the EU and Mexico on Saturday that …

Germany urges tough EU response if ‘fair deal’ cannot be reached on US tariffs  France 24 Amid Tariff Chaos, U.S. Allies Try to Redraw the Trade Map  The New York Times The EU is delaying retaliatory tariffs on U.S. goods, in hopes of reaching a deal by Aug. 1  Yahoo Trump demands more concessions as EU holds off on US tariff countermeasures  Reuters EU …

A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case  MSNView Full Coverage on Google News Source link

Where’s the inflation from tariffs? What stocks and earnings tell us about rising prices with June CPI on deck.  MarketWatch Global Economy: US Inflation to Pick Up on More Tariff Pass-Through  Bloomberg Week Ahead for FX, Bonds: U.S. Inflation Data in Focus  The Wall Street Journal June CPI Report To Show First Signs Of Tariff-Related Inflation  Seeking Alpha June Inflation Report Will Show Impact …

Jennifer Meierhans Business reporter Getty Images European Commission President Ursula von der Leyen says it will use the time to negotiate The EU’s retaliatory tariffs on US exports have been delayed again, European Commission President Ursula von der Leyen has announced. The countermeasures, which were due to start on Tuesday, came in response to US President Donald Trump’s initial import …

A 100-year-old furniture manufacturer in western Michigan has shut its doors, citing President Donald Trump’s tariffs as the final blow. The company, Howard Miller, employed 195 people. “In recent years, a convergence of market influences beyond our control brought us to this point. Furniture sales are closely linked to the health of the housing market, which is struggling,” the company’s …

Since the first weeks of President Donald Trump’s second term, when the president signaled a wholesale reimagining of the international trade system on a scale not seen in decades, mainstream economists have warned that prices would surge. The mantra, repeated by everyone from mainstream economists to factions of the GOP, has been clear: A tariff is a tax on consumers. …