Tag #Trump Tariffs

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cnn.com
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Trump Tariffs Temporarily Allowed to Remain in Effect Pending Court Review

A US appeals court temporarily allowed President Trump's broad tariffs to remain in effect, pending a faster-than-usual court review this summer, after a lower court ruled the tariffs exceeded presidential authority; the White House welcomed the decision, while plaintiffs expressed disappointment bu...

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dailymail.co.uk
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US Inflation Slows, Stocks Surge Despite Trade War Uncertainty

US inflation rose 2.4 percent in May, lower than expected, causing stocks to open near record highs on Wednesday, while uncertainty remains over the long-term effects of Trump's tariffs and the ongoing trade war with China.

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news.sky.com
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Argentex Rejects Investment Bid Amid Trump Tariff Fallout

Argentex Group rejected a £2.5 million investment offer from Lavide Holding, opting instead for a rescue deal with IFX Payments amid financial distress caused by the volatility in foreign exchange rates due to President Trump's tariffs; a shareholder vote is scheduled for Wednesday.

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europe.chinadaily.com.cn
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UK and EU Concessions Weaken Global Trading System

The UK and EU's concessions to President Trump's "reciprocal tariffs" weaken the WTO, prioritizing short-term economic gains over the long-term stability of the global trading system; this action risks long-term economic harm and damages their reputations as free trade champions.

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dailymail.co.uk
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P&G to Cut 7,000 Jobs Amid Economic Slowdown

Procter & Gamble announced it will cut 7,000 jobs (15 percent of its workforce) over two years due to decreased consumer spending amid economic uncertainty, including Trump's tariffs and geopolitical tensions; this follows a 2 percent drop in net sales in Q1 and is part of a broader restructuring to...

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cbsnews.com
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Trump Tariffs: \$2.8 Trillion Deficit Cut, but Economic Contraction Predicted

The Congressional Budget Office projects President Trump's tariff plan will cut the deficit by \$2.8 trillion over 10 years but also shrink the U.S. economy, increase inflation by 0.4 percent annually in 2025-26, and reduce household purchasing power, based on the assumption that the tariffs will re...

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theglobeandmail.com
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Appeals Court Temporarily Upholds Trump's Sweeping Tariffs

A federal appeals court temporarily upheld President Trump's sweeping tariffs on imports from most U.S. trading partners, pending a review of a lower court decision that blocked them, citing the president exceeding his authority under the International Emergency Economic Powers Act. The appeals cour...

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forbes.com
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Appeals Court Temporarily Upholds Trump Tariffs

An appeals court temporarily blocked a lower court ruling that struck down President Trump's 'Liberation Day' tariffs, setting up a July 31 oral argument before potentially going to the Supreme Court; the tariffs remain in place temporarily.

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pt.euronews.com
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EU Responds to Trump Tariffs, Polish Elections, and Regional Language Debate

This Euronews debate features Business Europe's vice director-general, a Socialist MEP, and Weber Shandwick's Belgium director discussing the impact of Trump's tariffs, the post-election situation in Poland, and the EU's rejection of Spain's proposal to increase regional languages. Experts warn of n...

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forbes.com
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U.S. Imports Plunge 19.42% in April

U.S. imports plunged 19.42% in April, reversing March's surge, leading to an $87.49 billion trade deficit; year-to-date trade hit a record $1.94 trillion despite this.

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npr.org
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Trump Tariffs Projected to Reduce Federal Deficit by $2.8 Trillion, but Uncertainties Remain

The Congressional Budget Office forecasts that President Trump's tariffs could reduce the U.S. federal deficit by \$2.8 trillion by 2035 if they remain in place, offsetting a projected \$2.4 trillion increase from a House-passed budget bill; however, significant uncertainties remain due to the tarif...

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cnn.com
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Trump's Tariffs: Muted Impact, but Growing Economic Risks

Despite President Trump's tariffs, the US economy shows resilience, but US factory activity has contracted for three months due to tariffs and supply chain issues; however, the White House secured no substantive trade deals after a self-imposed 90-day deadline.

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Showing 121 to 132 of 813 results