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President Trump’s new tariffs take effect, targeting dozens of US trading partners
President Donald Trump 's higher tariff rates of 10% to 50% on dozens of trading partners kicked in on Aug. 7, testing his strategy for shrinking U.S. trade deficits without massive disruptions to global supply chains, higher inflation, and stiff retaliation from trading partners.
General Motors projects a $4 billion loss, Stellantis, the maker of Jeeps, said it anticipates tariffs will add $1.7 billion in expenses, and Ford, which builds more cars in the U.S. than any of its ...
The Trump administration's tariffs are expected to raise $50 billion a month, with revenue going into the general fund.
The United States could achieve modest economic benefits by applying uniform tariffs on all trade partners, according ...
Global technology stocks advanced on Thursday in a relief rally after the latest tariff salvo from U.S. President Donald ...
TOKYO (AP) — Toyota’s profit plunged 37% in the April-June quarter, the company said Thursday, cutting its full year earnings ...
The dollar remained under pressure as expectations build for a potential Federal Reserve rate cut in September.
Announced on July 31st, the latest set of tariffs imposed by President Donald Trump on foreign imports — possibly illegally — ...
A wide variety of products will be affected, from appliances made in the European Union to autos from Japan to food, ...
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