In a move that could shake markets, Treasury Secretary Scott Bessent announced that steep tariffs will resume on August 1 unless countries negotiate better terms. President Trump is sending letters to trading partners, urging swift action.
The retail industry is relieved about the new 20% tariff on Vietnamese imports but fears it may still hurt consumer spending. Executives are concerned about the impact of price hikes on their businesses and customers.
US President Donald Trump has threatened Japan with a potential 30-35% tariff if a trade deal isn't reached by next week. With rising tensions and a looming deadline, what could this mean for both economies?
As the U.S. braces for a crucial inflation report, concerns mount over President Trump's tariffs and their potential to raise consumer prices. Major retailers like Walmart are hinting at unavoidable price hikes, signaling a shift in economic sentiment.
President Trump is ready to announce a significant trade agreement with the UK, marking a pivotal moment in US-UK relations. Despite ongoing negotiations, this deal aims to cement a long-term alliance and economic collaboration.
President Trump refuses to lower the 145% tariffs on China, insisting it’s essential as trade talks approach. With tensions rising, will this strategy pay off or escalate the trade war?
In a major policy shift, the US is closing a duty-free loophole that allowed low-value packages from China to enter without taxes. This change, effective May 2, will push prices up for popular online retailers like Shein and Temu, impacting millions of American shoppers.
President Trump announces measures to ease tariffs on US car makers, a decision praised by GM's CEO. Will this move lower car prices for consumers? Find out more!
The US has announced unprecedented tariffs up to 3,521% on solar imports from Southeast Asia, marking a significant victory for local manufacturers. This move is part of a trade investigation that could reshape the renewable energy landscape.
As President Trump's tariffs ignite a trade war, markets plunge, and fears of recession loom. Can new trade negotiations with Vietnam and China offer a way out?
