Tag #Tariffs

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cnn.com
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US Tariffs to Increase Unless Trade Deals are Reached; Moody's Downgrades US Credit Rating

Treasury Secretary Scott Bessent announced that tariffs on goods from 18 major trading partners will revert to April 2 levels unless trade deals are reached within 90 days; the US credit rating was downgraded by Moody's due to the growing national debt.

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theguardian.com
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Trump Tariff Pause: Temporary Relief Amidst Looming Trade War

A temporary pause on some Trump-era tariffs on Chinese goods offers short-term relief, but existing and potentially reinstated tariffs pose major challenges for US businesses reliant on Chinese imports, especially smaller companies with limited resources.

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english.kyodonews.net
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Japanese Unease Over Trump's Policies and Shifting US-China Relations

A Kyodo News survey shows 81 percent of Japanese feel more uneasy than hopeful about President Trump, mainly due to tariff concerns (42 percent) and unpredictable actions (41 percent), while only 17 percent express more hope. The survey reveals a near-even split in prioritizing ties with the US vers...

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edition.cnn.com
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Tequila Industry Slowdown Amidst Oversupply and Shifting Consumer Demand

Facing decreased consumer spending and an agave surplus, the tequila industry, including Kendall Jenner's 818 Tequila, is slowing hiring and marketing; potential 25% tariffs loom as the US-Mexico-Canada trade deal expires next year.

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china.org.cn
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US-China Tariff Cuts Spark Surge in Chinese Export Orders

Following a US-China tariff reduction agreement, Chinese companies report a significant surge in US orders, impacting various sectors and straining production capabilities, with estimates of 20-40 percent order increases compared to previous months.

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cnnespanol.cnn.com
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US Consumer Confidence Plunges to Near-Historic Low Amidst Lingering Tariff Concerns

The University of Michigan's Consumer Sentiment Index plummeted to 50.8 in May, its second-lowest reading ever, primarily due to lingering anxieties over President Trump's tariffs, despite recent tariff reductions between the U.S. and China; the index reflects a nearly 30% drop since January.

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jpost.com
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Trump's Tariff Strategy: Negotiating Trade Deficits

President Trump is using tariffs as leverage to negotiate trade deals with China, the EU, Mexico, and Canada to reduce the US's $918 billion 2024 trade deficit, aiming to alleviate the nation's unsustainable debt burden.

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us.cnn.com
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Temporary Tariff Reduction on Chinese Goods Fails to Deliver Significant Relief

The temporary reduction in tariffs on Chinese goods imported to the US is resulting in a surge in orders to minimize the impact of higher tariffs, causing increased production costs for businesses and potentially offsetting savings for consumers, who may face higher prices and reduced availability.

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cnn.com
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Temporary Tariff Reduction Fails to Deliver Expected Price Relief for US Consumers

The US and China recently agreed to temporarily lower tariffs on each other's goods for 90 days; however, increased production costs in China due to rushed orders and high transportation costs will likely keep prices of Chinese goods elevated for American consumers despite the tariff reduction.

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edition.cnn.com
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Temporary Tariff Reduction on Chinese Goods Leads to Higher Prices for US Consumers

The temporary reduction in tariffs on Chinese goods imported to the US, following trade talks, has led to businesses paying a premium to expedite orders, resulting in increased production costs and higher prices for American consumers.

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edition.cnn.com
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Walmart to Raise Prices Due to Trump Tariffs

Walmart warns of impending price hikes due to President Trump's tariffs on imported goods, impacting various product categories, beginning in May, with sharper increases projected for June, affecting consumers and potentially exacerbating existing economic anxieties.

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mk.ru
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US-EU Trade Consultations Launched Amidst Tariff Disputes

The US and EU initiated extensive trade consultations to address tariffs imposed by the Trump administration, exchanging documents covering tariffs, digital trade, and investments, with the US emphasizing a need for concrete proposals from the EU to avoid higher tariffs by July 8th.

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Showing 1,321 to 1,332 of 4,150 results