News

Why the EU is prepping retaliation tariffs even as it negotiates with the US
Context: US President Donald Trump levied so-called “reciprocal” tariffs on most of the world on April 2, hitting the EU with ...
China exports to U.S. plunge as tariffs hit, leading some experts to warn of product shortages
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...
Stockpiling ahead of tariffs likely hurt US economy in the first quarter
The U.S. economy likely stalled or even contracted in the first quarter, swamped by a deluge of imported goods by businesses ...
Automakers get a break on some Trump tariffs — but the outlook for the 'Big 3' is still cloudy
U.S. automakers are set to get a break on some of the sweeping tariffs President Donald Trump is imposing. Yet even with the ...
Tariffs hit home for small US businesses that rely on Chinese imports
Chinese manufacturers are widely considered to be more flexible than their American counterparts, accepting smaller orders ...
South Korea officials heading to Washington for talks over US tariffs
South Korean Industry Ministry officials will travel to Washington on Wednesday for "technical discussions" with U.S. Trade ...
Investors turn to emerging market debt after Trump tariffs hit U.S. Treasurys
Investors have been piling into emerging market bonds amid a U.S. Treasury sell-off whose status as a safe haven has comes ...
St. Paul toy store joins lawsuit against President Trump's tariffs
A family-owned toy store in St. Paul is joining a national legal fight, claiming President Trump's tariffs on Chinese imports ...
Trump Softens Blow of Automotive Tariffs
After negotiations, companies paying Trump’s car tariffs won’t also be charged for other levies.
Major companies face a difficult task in estimating the impact of tariffs on their business
Executives at some of the world’s biggest companies are faced with the tricky task of explaining how President Donald Trump’s ...
UPS cutting around 20,000 jobs amid 'new or increased tariffs'; 164 buildings closing
UPS announced it's cutting around 20,000 jobs in 2025 due to President Donald Trump's looming tariffs and expected lower ...