Tag #Tariffs

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abcnews.go.com
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Arnault Urges US-EU Free Trade Zone Amidst Trade Tensions

LVMH CEO Bernard Arnault called on Thursday for a free trade zone between the EU and the US, warning that unresolved trade tensions could severely harm European industries, particularly luxury goods companies like his own, which saw a 7.8% share drop this week and is considering further expanding it...

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cbsnews.com
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Potential Tariffs Spark Panic Buying in US Cosmetics Market

President Trump's potential 25% tariff on South Korean cosmetics and 24% on Japanese imports is causing panic buying at stores like Senti Senti in Brooklyn, which imports almost all of its products from these countries; this follows a recent 90-day pause on new tariffs.

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cbsnews.com
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Small Business Sues Trump Over 145% Tariffs on Chinese Goods

Emily Ley's Pensacola-based stationery company, Simplified, is suing President Trump for imposing 145% tariffs on Chinese-made goods, alleging illegal use of emergency powers and threatening business closure, job losses, and potential salary reductions.

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aljazeera.com
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Trump Demands China Initiate Trade Talks Amidst Escalating Trade War

President Trump insists China initiate trade negotiations, ordering a national security review of critical mineral imports amid accusations of China reneging on a Boeing deal and retaliatory actions from Hong Kong's postal service, escalating trade tensions.

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europe.chinadaily.com.cn
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Japan Rejects US Tariff Demands, Citing Potential for Severe Economic Impact

Japanese Prime Minister Shigeru Ishiba announced a firm stance against US tariffs, rejecting quick compromises while acknowledging the potential for severe economic consequences for Japan, particularly its auto industry, as a Kyodo News survey reveals 84.2 percent of Japanese believe the US tariffs ...

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africa.chinadaily.com.cn
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Japan Rejects US Tariff Demands, Preparing for Tough Negotiations

Japanese Prime Minister Shigeru Ishiba announced a firm negotiating stance against US tariffs, stating that Japan will not rush into an agreement and will take the necessary time to secure the best possible outcome. Upcoming talks between Japan and the US will focus on addressing US concerns about J...

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theglobeandmail.com
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Investor Shifts to Defensive Strategy Amid Trump's Policies

Richard Croft, CIO of Croft Financial Group, shifted his $1.1 billion portfolio towards a more defensive strategy due to President Trump's policies, increasing cash holdings and investing in companies like Berkshire Hathaway, Enbridge, and Agnico Eagle Mines; his portfolios returned 7.7% and 8.5% in...

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theglobeandmail.com
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Unemployment Claims Fall Despite Tariff-Induced Housing Market Plunge

Initial jobless claims fell to 215,000, a two-month low, but single-family housing starts plummeted 14.2 percent to 940,000 units in March due to President Trump's tariffs, which are causing economic uncertainty.

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cnn.com
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Trump Tariffs Trigger Global Trade War, Causing Trillion-Dollar Market Decline

President Trump's tariffs, announced two weeks prior, sparked a global trade war, causing a multi-trillion dollar market decline and prompting international travel warnings; foreign arrivals to the US plummeted 20%, impacting the US travel industry.

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euronews.com
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China Appoints New Trade Negotiator Amid US Tariff Dispute

China appointed Li Chenggang as its new trade negotiator, replacing Wang Shouwen, amid rising tariffs with the US; China's Q1 2025 GDP grew by 5.4%, driven by exports, but analysts expect a slowdown; Li's WTO experience is seen as crucial for navigating the trade conflict.

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lemonde.fr
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US-China Trade War Intensifies: China Faces Pressure

The US-China trade war intensifies, with the White House asserting that China needs a trade deal more than the US. China retaliated by halting Boeing plane deliveries and imposing higher tariffs, while its economy showed 5.4% growth in Q1 2025.

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abcnews.go.com
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Constituents Confront Grassley and Greene Over Trump Administration Actions

At town hall meetings in Iowa and Georgia, constituents confronted Senators Chuck Grassley and Marjorie Taylor Greene, expressing anger over the Trump administration's handling of deportations, tariffs, and defiance of court orders, highlighting growing public discontent and potential political rami...

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Peace, Justice, and Strong Institutions

Showing 61 to 72 of 2,227 results