Stories tagged “Tariffs.”
30 stories
Canadian dollar rises as inflation exceeds expectations
The Canadian dollar strengthened to a two-week high against the U.S. dollar on Monday as inflation data came in above forecasts and bond yields increased.
Colombia's President Abelardo de la Espriella has asked US President Donald Trump to suspend tariffs on Colombian products, citing the devastating effects of a recent earthquake.
Colombia's President Abelardo de la Espriella has asked US President Trump to suspend tariffs on Colombian products, citing the devastating effects of a recent earthquake. The tariffs, which rose from 10% to 12.5% in July, are affecting Colombian businesses, particularly …
The Trump administration plans to impose tariffs on imports of drones and their components, citing national security concerns and a reliance on foreign sources. The tariffs will affect imports from several countries, including the US's key allies.
The US government has imposed tariffs of up to 100% on drones and their components to reduce dependence on Chinese imports. This move is part of a broader effort to promote domestic production and reduce reliance on foreign supply chains.
President Donald Trump has declared a 100 percent tariff on imports of drones with thermal cameras, drones weighing over 25kg, and any kind of part for any kind of unmanned aircraft weighing over 25kg. For all other drones, including tiny sub-250-gram 'Mini' consumer dron…
Donald Trump imposes tariffs of up to 100% on imported drones
US President Donald Trump has imposed tariffs of up to 100% on imported drones and components, citing national security concerns and a need to reduce US reliance on foreign suppliers.
Australian Prime Minister Anthony Albanese spoke with US President Donald Trump in a 'productive' and 'substantial' call, discussing global and regional issues, including the Aukus submarine deal and tariffs.
A Surprise Credit After an Overseas Purchase: The Tariff Refunds Now Flowing Through Shippers
Shippers including FedEx and UPS have started to pass on tariff refunds to customers who originally paid the tariffs. The refunds are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by Presi…
Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy. The share of electric cars sold by Chinese brands rose to 14.2% across western European markets in the first five months …
Sen. Elizabeth Warren is pressing companies entitled to refunds for illegal U.S. tariffs to return the money they are recouping directly to consumers. The U.S. government has refunded more than $100 billion in IEEPA tariffs to businesses, but many consumers who footed som…
The US has imposed tariffs and minimum prices on polysilicon products to protect its domestic industry from Chinese competition. The tariffs will be 15% and the minimum prices will be set at $21 per kilogram for polysilicon, $100 per kilogram for blocks and wafers, $0.22 …
Nintendo reported a 53.5% jump in profits to ¥147.4bn, driven by a refund on US tariffs. Sales of its Switch 2 console maintained strong momentum, but overall sales dropped 10%.
The temporary 10% global tariff expired on July 24, and a new set of duties went into effect, built on Section 301 of the Trade Act of 1974, covering the top 60 U.S. trading partners at rates of 10% to 12.5%. This move signals that tariffs are likely to be a lasting featu…
The Trump administration has refunded about $100bn in tariffs since the US Supreme Court ruled against its use of emergency powers to impose duties on dozens of trade partners.
The Trump administration has refunded approximately $100bn of the $165bn collected from tariffs that were later ruled illegal by the US Supreme Court. This represents 60% of the total duties imposed.
25 US states sue Trump administration over sweeping new tariffs
Twenty-five US states, nearly all led by Democrats, sued Donald Trump's administration over wide-ranging tariffs, arguing that the president had exceeded his authority in imposing the new levies on dozens of countries.
UK manufacturing growth picks up as Trump tariff chaos eases. Factories in upbeat mood despite fears over economic impact of US war on Iran, poll finds.
US President Donald Trump has imposed new tariffs, citing forced labor as a pretext, which economist Joseph Stiglitz argues is a ruse to seize a larger share of global trade.
Amazon will give tariff refunds to some customers in limited circumstances, following the US Supreme Court's decision to strike down certain tariff-related import charges. The company has received $600 million from the US government and will issue refunds to eligible cust…
US President Donald Trump has imposed tariffs on Canadian products, singling out the country for special treatment in his tariff war. The move has been seen as a shock for Canada's political class, which has long taken a friendly America as a law of nature.
Games Workshop reported record pre-tax profit of £275.7m as it confirmed horror director Mike Flanagan will help adapt Warhammer 40,000 for Amazon, alongside Henry Cavill.
Rivian, an American electric truck and SUV manufacturer, has filed a lawsuit against the US government to reclaim tariffs paid under President Donald Trump's 'Liberation Day' trade policy, which the Supreme Court has ruled unconstitutional.
Trump tariff wall set to stay after Supreme Court blow: analysts
US President Donald Trump has found a way to resurrect his tariff wall in a fashion that analysts say could prove more durable to legal challenges. He has slapped sweeping new tariffs on 60 trading partners and seen 25-percent duties take effect on Brazilian products.
Trump imposes new global tariffs, drawing protests from trading partners
The United States has imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the EU and China, alleging those countries failed to curb imports made by forced labor. The move is the White House's first step in efforts to rebuild President Donald …
Two US small businesses have sued the Trump administration over new tariffs on goods from 60 trading partners, arguing that the policy exceeds the president's authority to tax imports.
The Invesco QQQ ETF and the Vanguard Information Technology ETF have been two of the best-performing ETFs over the past decade. However, the environment is changing, and investors may need to be more selective going forward. The article discusses the advantages of each ET…
US President Donald Trump has threatened the EU with tariffs after the bloc fined Google $890 million. Trump claimed the EU will 'pay a very high price' for its actions, which he said were 'illegitimate and unfair'. The EU has defended its decision, saying it is simply en…
The US has imposed new tariffs on dozens of its major trading partners, including the UK, China, and the EU. The tariffs, ranging from 10 to 12.5%, will affect almost all US imports. The move is seen as a continuation of the trade war initiated by President Donald Trump.
The US will impose new tariffs on 60 countries, including Singapore, over allegations of forced labor. Singapore's Ministry of Trade and Industry has previously rejected these allegations.