Tag #Tariffs

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abcnews.go.com
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OECD Cuts US Growth Forecast Amid Trump Tariff Concerns

The OECD slashed its US economic growth forecast for 2025 to 1.6% and 1.5% for 2026, citing President Trump's tariffs as a key factor contributing to a global economic slowdown and potential inflation surge nearing 4% by the end of 2025.

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theglobeandmail.com
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Magna's Battered Share Price: A Turnaround Opportunity?

Magna International Inc.'s (MG-T) share price has fallen 60 percent since 2021 due to inflation, rising interest rates, tariffs, and decreased vehicle production, resulting in lower sales and earnings; however, recent positive developments suggest a potential turnaround.

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theglobeandmail.com
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Stellantis Appoints Filosa as CEO Amidst Financial Crisis

Stellantis appointed Antonio Filosa as CEO, replacing Carlos Tavares whose North American strategy caused a significant share value drop and sales decline; Filosa's success depends on overcoming these challenges and navigating US tariffs.

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french.china.org.cn
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US Tariff Hike and China's Trade Surge Amidst Asian Concerns

China's consumer goods exchange program generated $153.1 billion in sales, while the US plans to double steel and aluminum tariffs to 50%, prompting concerns from Asian leaders about global trade stability; China's April trade value rose 6% to $606.8 billion.

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forbes.com
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FOMC Expected to Hold Interest Rates Steady Amid Tariff Concerns

The Federal Open Market Committee (FOMC) is expected to hold interest rates steady at 4.25% to 4.5% at its June 11 meeting, primarily due to the current economic stability, despite ongoing concerns about the impact of tariffs on inflation and unemployment and President Trump's continued calls for lo...

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cnn.com
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Trump's Tariffs Remain Despite Court Challenges

Following a temporary court block, President Trump's tariffs remain in place, impacting global trade relations and potentially raising prices for consumers; the administration cites national security concerns and unfair trade practices as justifications.

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forbes.com
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Japan's Richest 2025: Wealth Up Despite Tariff Concerns

Despite a lowered economic growth forecast to 0.5% due to U.S. tariff concerns, the collective wealth of Japan's 37 richest individuals rose 14% to $228 billion by May 9, 2025, thanks to a stronger yen; Tadashi Yanai's fortune reached $48.2 billion.

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nbcnews.com
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U.S.-China Trade Truce Collapses Amidst Mutual Accusations

The U.S. and China are embroiled in a trade dispute, with accusations of truce violations impacting rare earth exports, AI chip controls, and student visas, threatening global supply chains and economic stability.

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dw.com
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US Court Reinstatement of Tariffs Creates Uncertainty in EU-US Trade Talks

A US court initially blocked President Trump's 10% tariffs on various imports, but a higher court reinstated them, creating uncertainty for the EU and other trading partners amidst ongoing trade negotiations.

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us.cnn.com
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Trump's Tariff Threats Against Apple and Mattel Face Legal Challenges

President Trump threatened Apple with a 25% tariff on US-sold iPhones unless domestically manufactured and Mattel with a 100% tariff on all toy imports after their CEOs cited price increases from tariffs and manufacturing relocation challenges.

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lefigaro.fr
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US-China Trade Tensions Resurface After Accusations of Agreement Violation

Following a May 12th détente, renewed tensions between the U.S. and China emerged as the U.S. accused China of violating a tariff reduction agreement, leading to fears of renewed trade war and causing a near 2% drop in the Hong Kong stock market on Monday.

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theglobeandmail.com
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Trump Doubles Steel and Aluminum Tariffs, Europe Prepares Retaliation

President Trump doubled tariffs on imported steel and aluminum to 50 percent, prompting the European Union to prepare retaliatory measures starting July 14th, escalating a global trade war and sparking condemnation from Canada and Australia.

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Showing 61 to 72 of 3,114 results