Tariffs
Despite higher tariffs on US imports and a Middle East crisis, the United States economy has shown remarkable resilience, with inflation holding steady and unemployment near historic lows. However, crucial deadlines are approaching, which could potentially disrupt the calm. The 90-day pause on "reciprocal" tariffs on dozens of
Tariffs
French President Emmanuel Macron has labeled tariffs imposed by powerful nations as a form of "blackmail" rather than a legitimate tool for rebalancing international trade. Speaking at the International Conference on Financing for Development in Seville, Spain, on Monday, Macron emphasized the need to restore "freedom and
Tariffs
BYD, the Chinese multinational electric vehicle manufacturer, will host a ceremony at its new auto plant in Camaçari, Bahia, marking a significant milestone in the company's expansion into the Brazilian market. The event comes as import duties for fully electric and plug-in hybrid vehicles are set to rise,
Tariffs
Prime Minister Keir Starmer has finalized parts of a deal with the US, resulting in significant tariff cuts for the UK's automotive and aerospace sectors. The agreement, reached at the G7 summit, slashes tariffs on car exports to the US from 27.5% to 10%, while eliminating the
Tariffs
The Bank for International Settlements, known as the central bank of central banks, has warned that US trade protectionism will lead to a further fragmentation of the world economy, increasing the risk of a financial panic centered on the global bond market. The bank's warning highlights the deepening
Tariffs
The historic UK-US trade deal has finally come into effect, eight weeks after it was hailed as a "fantastic" breakthrough for both countries. The deal, which was announced in May and implemented on June 30, brings significant tariff cuts for the UK car and aerospace sectors, but a
Tariffs
As the US swelters through a scorching summer, metal containers adorned with festive winter imagery are taking shape at Independent Can's factory in Belcamp, Maryland. However, the company's CEO, Rick Huether, is grappling with the effects of President Donald Trump's steep steel tariffs. Huether,
Tariffs
As I reflect on my experiences as a retail store owner a decade ago, I realize that what seemed like a straightforward business decision - not prominently showcasing a Pride flag - was actually a reflection of the changing landscape of North American LGBTQ+ rights. The subsequent years have seen
Tariffs
US President Donald Trump has suspended trade talks with Canada, citing the country's refusal to back down on a new 3% digital services tax, calling it "a direct and blatant attack on our country." The decision comes as the digital services tax is set to take
Tariffs
The US president has announced plans to suspend trade talks with Canada and impose tariffs on its goods after Ottawa confirmed its intention to collect a digital services tax. This decision comes after a post on Truth Social, where Mr. Trump expressed disappointment and frustration with the Canadian government'
Tariffs
The US has dramatically escalated its trade dispute with Canada, announcing the termination of all ongoing trade negotiations with the country. This decision follows Canada's implementation of a digital services tax, which US President Donald Trump labeled a “direct and blatant attack on our country.” The tax targets
Tariffs
The United States' effective tariff rate (ETR) has maintained its stability at around 14.1%, offset by lower estimated duties on Canada, Mexico, and the U.K. The ETR represents total duties as a percentage of total imports, and Fitch Ratings has updated its interactive tariff tool, the U.
