Tag #Tariffs

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Trump's Tariff Reduction Eases Recession Fears, But Risks Remain

President Trump reduced US tariffs on Chinese goods from a devastating 145% to 30% for 90 days, temporarily easing fears of a recession and supply chain collapse, though significant uncertainty remains due to the potential for future tariff increases and lingering economic damage.

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abcnews.go.com
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Honda Profit Falls 24.5%, Tariffs to Further Reduce Earnings

Honda's fiscal year profit dropped 24.5% to \$5.6 billion due to decreased China sales and projected \$4.4 billion tariff-related losses through March 2026, despite record motorcycle sales and increased hybrid sales in the U.S.; the company plans to shift production to U.S. plants.

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french.china.org.cn
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US-China Tariff Reduction Fuels Major Stock Market Rally

Following a two-day meeting in Geneva, the US and China announced a temporary reduction in tariffs, leading to a significant surge in US stock markets on Monday, with the Dow Jones rising by 2.81%, S&P 500 by 3.26%, and Nasdaq by 4.35%.

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news.sky.com
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Trump's Trade Policies Spur \$1.5 Trillion in Investment Pledges Amidst Global Trade Uncertainty

President Trump's protectionist trade agenda, aiming to reduce the \$1.1 trillion US trade deficit, has spurred major investment pledges from Apple, Nvidia, and a Softbank-led AI venture, totaling over \$1.5 trillion, despite ongoing trade disputes and a partially completed US-UK trade deal; a \$600...

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kathimerini.gr
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Trump's Tariffs Fail to Deliver Promised US Industrial Revival

Despite claims that tariffs would revive US industry, studies show net job losses due to increased input costs and retaliatory tariffs, coupled with challenges like automation and offshoring, hindering domestic production.

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edition.cnn.com
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US-China Tariff Reduction Offers Short-Term Relief Amidst Projected Economic Losses

The US and China agreed to a 90-day detente, lowering tariffs on each other's imports; however, the remaining tariffs are expected to increase consumer prices by nearly 2%, resulting in $2,800 extra costs per household and 456,000 job losses by the end of 2025, according to the Yale Budget Lab.

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abcnews.go.com
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US Inflation Defies Initial Tariff Fears, but Resurgence Expected

The April inflation rate in the US is expected to be 2.3%, defying initial fears over President Trump's tariff escalation, but economists anticipate a resurgence in inflation as retailers adjust to the tariffs. Recent tariff rollbacks on Chinese goods have lessened the impact, lowering the average c...

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npr.org
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Temporary Tariff Reduction on Chinese Imports Creates Scramble for U.S. Businesses

The U.S. temporarily lowered tariffs on Chinese imports from 145% to 30% for 90 days, prompting a scramble among importers to maximize shipments before potential future tariff increases, creating uncertainty and logistical challenges.

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theglobeandmail.com
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US Cuts De Minimis Tariff on Chinese Goods

The White House reduced the de minimis tariff on low-value goods from China to 54 percent, from 120 percent, effective May 14, 2025, impacting major e-commerce companies like Shein and Temu, following a broader trade deal between the U.S. and China to de-escalate trade tensions.

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theguardian.com
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US Inflation Slows Despite Trump Tariffs; Economic Anxiety Rises

US inflation decreased to 2.3% in April despite Trump's tariffs, though consumer sentiment dropped and inflation expectations rose sharply. Economists expect higher prices this year, while the Federal Reserve anticipates delays in reaching its inflation target.

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cnn.com
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US-China Trade Truce: Temporary Relief Amidst Lingering Economic Uncertainty

The US and China reached a 90-day trade truce, lowering tariffs on each other's imports, but the Yale Budget Lab projects $2,800 in annual household costs and 456,000 job losses due to remaining tariffs by the end of 2025.

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cbsnews.com
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US Trade Deals Lower Tariffs, But Consumer Impact Varies

New U.S. trade deals with China and the U.K. will significantly lower tariffs on numerous goods, while some goods from Canada and Mexico still face a 25% tariff, prompting consumers to seek sales, consider product origins and purchase domestic products to mitigate price increases.

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Showing 1,417 to 1,428 of 4,150 results