News

There’s a sweet spot for tariffs. Markets could revolt if Trump is way off
US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade ...
Volkswagen suffers $1.5 billion loss from Trump's tariffs
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the ...
Trump unlikely to enforce tariff threat on Russian oil
WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs ...
Experts say Trump's 30% tariff on European wines could hurt US consumers, companies
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...
Trump Says He’s Not Focused on Talks With Canada, Tariffs Might Stay
US President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of ...
Luxury yacht company continues to sail smoothly despite Trump's trade tariffs, partners with Palm Beach hotel
PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs ...
Auto supplier Detroit Axle to cut 102 jobs, close Ferndale warehouse, citing Trump tariffs
Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to ...
Trump’s Tariff Deadline Is August 1: Here’s What Could Immediately Cost More—From Food To Electronics
T rump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American ...