Tag #Tariffs

Showing 37 to 48 of 3,114 results

cbsnews.com
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Unemployment Claims Surge to Eight-Month High, Signaling Potential Labor Market Slowdown

Initial U.S. unemployment claims reached a eight-month high of 247,000 for the week ending May 31, exceeding expectations and indicating a potential labor market slowdown amid tariff concerns and large-scale layoffs at major companies, including over 280,000 federal job cuts this year.

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cbsnews.com
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Alaska Airlines Cancels 14 Daily Flights Due to Tariffs

Alaska Airlines is canceling 14 daily flights due to tariffs on new Embraer 175 jets from Brazil, impacting its Horizon Air subsidiary which serves the Pacific Northwest, Alaska, California, Colorado, Utah, and western Canada, through the end of July, though no single route is eliminated entirely.

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Industry, Innovation, and Infrastructure
nbcnews.com
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Dollar General Q1 Earnings Beat Expectations, Stock Surges 16%

Dollar General's first-quarter earnings surpassed expectations, with $1.78 EPS against $1.48 projected and $10.44 billion in revenue exceeding $10.31 billion expected, driven by increased spending from middle- and higher-income shoppers seeking value amid tariff concerns, leading to a 16% stock surg...

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No Poverty
npr.org
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Trump Doubles Steel and Aluminum Tariffs to 50%

President Trump doubled tariffs on imported steel and aluminum to 50%, citing national security under the 1962 Trade Expansion Act, potentially impacting various industries and consumers.

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telegraaf.nl
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US Tariffs Rise, Impacting Global Trade and Stock Markets

The US raised import tariffs on steel and aluminum to 50%, impacting global trade; ArcelorMittal's stock rose 1%; Philips will buy back €125 million in shares; China may order hundreds of Airbus planes; the Dutch economy is expected to grow by 1.5% this year, but faces uncertainties due to political...

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theglobeandmail.com
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US Ambassador Suggests Auto Strategy With Canada to Counter China

U.S. Ambassador Pete Hoekstra proposed a collaborative industrial strategy with Canada to counter China in the auto sector, despite President Trump's threats of excluding Canadian autos from the U.S. market; however, existing U.S. tariffs on Canadian vehicles and auto parts remain a significant obst...

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nos.nl
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ACM Approves Schiphol's 33% Airline Fee Hike

The Dutch ACM approved Schiphol Airport's 33 percent average increase in fees for airlines, effective April 1st, 2023, despite complaints from airlines and consumer groups; Schiphol cites pandemic losses and inflation as justification; higher ticket prices are anticipated.

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Climate Action
english.elpais.com
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Trump-Xi Phone Call Planned Amid Escalating US-China Trade Tensions

Amid rising tensions, the White House announced an upcoming phone call between President Trump and President Xi to address the $600 billion bilateral trade relationship strained by mutual accusations and threats, despite a recent 90-day truce on punitive tariffs.

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forbes.com
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Trump Voices Concern Over Difficult US-China Trade Talks

President Trump stated that trade negotiations with China are proving difficult, raising concerns about the future of the 90-day truce reached in Geneva last month; China denies violating the agreement and accuses the U.S. of doing so.

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cnn.com
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Trump Calls Xi Jinping 'Extremely Hard to Make a Deal With' Amid Renewed US-China Tensions

President Trump describes Chinese President Xi Jinping as "extremely hard to make a deal with," escalating tensions between the two countries despite a recent trade agreement. New disputes have arisen over China's rare earth mineral export controls and US actions targeting China's tech sector, while...

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smh.com.au
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US Stocks Surge Despite Tariff Uncertainty

US stocks rallied, nearing record highs, despite tariff uncertainty; the S&P 500 gained 0.6 percent, while the Dow Jones rose 214 points and the Nasdaq climbed 0.8 percent, driven by hopes for trade deals and a resilient job market.

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abcnews.go.com
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Tariff Uncertainty Freezes Business Investment, Risks U.S. Recession

Fluctuating tariffs under President Trump's administration have created significant uncertainty, prompting major U.S. corporations to freeze hiring and investments, risking economic slowdown and potentially recession.

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Showing 37 to 48 of 3,114 results