European Union, US and tariffs
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Trump tariffs push India
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Trump administration's trade policy produces monthly revenue of $29.6 billion in July as officials explore debt reduction strategies.
The company marked a milestone in May — posting its first profitable quarter for its e-commerce business in the U.S. and globally.
The European Commission will keep pressing for a preferential tariff for wine and spirits exports to the U.S. that would spare the sector the 15% rate applied on most items under the EU-U.S. trade deal,
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Walmart reports solid second-quarter sales and profits despite a challenging tariff environment
NEW YORK (AP) — Walmart Inc. reported increases in second-quarter profits and sales Thursday as it continues to pull in price-sensitive shoppers for everyday essentials like groceries despite a challenging tariff environment.
Treasury Secretary Scott Bessent says that tariff revenue is likely to exceed $300 billion this year, adds that the funds could help pay down the nation's debt.
After striking a framework trade deal with the European Union in July, the White House added more details to what the agreement entails Thursday. Most notably, President Donald Trump walked back threats of 250% and 100% tariffs on pharmaceuticals and semiconductors,
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WJW-TV Cleveland on MSNWill we get tariff rebate checks? What the Trump administration says
United States Treasury Secretary Scott Bessent said that although Congress is currently weighing the possibility of sending the American people more money due to tariffs, those checks wouldn’t be coming anytime soon.
Treasury Secretary Scott Bessent indicated that the US is satisfied with the current tariff arrangement with China, a signal the Trump administration is looking to keep ties calm before a trade truce expires in November.
President Trump's on-again, off-again tariffs have created roller-coaster volatility for markets, but experts believe these ETFs could fare better.
Forthcoming liberalized rules of origin will allow the country’s manufacturers to source up to 100 percent of their inputs from any geography while retaining duty-free access to the British market.
US retailers from Walmart Inc. to Home Depot Inc. are expressing optimism about the resilience of US consumers, a sentiment that could soon be put to the test as tariff-fueled price hikes increasingly show up on shelves.