Tag Archives: Tariffs

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 …

American Businesses in ‘Survival Mode’ as Trump Tariffs Pile Up  The New York Times Seattle businesses to discuss impacts of Trump tariffs, trade policies at roundtable  KOMO Local small business tries to keep prices low as tariffs hit hard  kold.com VIDEO: Here’s how West Seattle businesses are dealing with ‘uncertainty’ of tariffs  West Seattle Blog… Small Businesses Prove They’re Tough. Tariffs Could Still Bring …

Household electricity bills have increased by 10% since Donald Trump re-entered the White House, a new report has found, with its authors highlighting the impact of the president’s datacenter boosterism and cuts to clean energy projects as part of the cause. The analysis comes as the US energy secretary, Chris Wright, said he knows rising energy prices could be a …

How Keen Footwear Stays Ahead of Trump’s Shifting Tariffs  The New York Times Source link

US hikes steel, aluminum tariffs on imported wind turbines, cranes, railcars  Reuters Hundreds of items just got a lot more expensive to import into the US because of Trump’s tariffs  CNN US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts  Reuters Trump to raise steel and aluminium tariffs on hundreds of goods  Al Jazeera Trump Widens Metal Tariffs to Target Baby Gear …