In a surprising move, President Trump hinted at reducing tariffs on China to 80%. While this is a drop from the current 145%, is it enough to satisfy investors? Key trade talks in Switzerland are set to unfold this weekend.
A new trade deal allows British carmakers to export 100,000 vehicles to the US at a lower tariff rate than their North American counterparts. This raises concerns among American automakers who fear it could set a precedent for future trade agreements.
A shocking analysis reveals that President Trump's tariff formula is based on flawed assumptions, leading to inflated rates that perplex economists. Discover how adjustments could drastically change the tariff landscape.
U.S. stocks dropped after President Trump announced new tariffs of at least 10%, raising fears of a global trade war. Major companies like Nike and GM saw significant losses, with traders reacting to unexpected tariff rates.
