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Trump's Tariff Plans Would Cost US Employers $82.3 Billion: Analysis
An analysis finds a critical group of US employers would face a direct cost of $82.3 billion from President Donald Trump's current tariff plans, a sum that could potentially be managed
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Donald Trump's Tariffs Bite Into Restaurant Profits In US
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher import costs have eaten into margins and fed into consumer prices in the three months since President Trump introduced Tariffs.
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Trump Ends Trade Talks With Canada Over Tax On US Tech Firms
President Donald Trump said Friday that he is calling off trade negotiations with Canada in retaliation for taxes impacting major US tech firms, adding that Ottawa will learn of their tariff rate within a week.
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"Trump Tariffs Will Cause Recession This Year": Elon Musk's Nastiest Digs
Musk also took a shot at Trumps election win. Trump had claimed that he would have won Pennsylvania even without Musk, but the tech billionaire says that Trump only won because he spent hundreds of millions of dollars and campaigned for Trump.
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Opinion | If Trump's Tariffs Are For China, Why Are They Hurting Canada Instead?
While China is the world's largest steel manufacturer and exporter, it is only the 10th-largest steel supplier to America. Compare this to the 22% coming from Canada, and it becomes clear who is impacted more by this move.
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TSMC Says US Tariffs Have Some Impact But AI Demand Robust
Taiwan's TSMC said on Tuesday that US tariffs were having some impact on the company and had been discussed with Washington. TSMC's Chief Executive C.C. Wei has disclosed that the company had not seen any changes in customer behaviour due to tariff uncertainty.
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Is Donald Trump Doing The World A Favour By Isolating The United States?
United States President Donald Trumps tariffs against most of the world tanked stock markets, disrupted the U.S. bond market and destabilized the global economy.
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Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
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Donald Trump Talks Tough On China, But Early Focus Elsewhere
Voicing frustration over the lack of success in ending Russia's invasion of Ukraine, US Secretary of State Marco Rubio called for renewed focus on "our number-one geopolitical foe" -- China.
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US President Trump Says He's Willing To Lower China Tariffs For This Reason
President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies are so high that the two of the world's largest economies have essentially stopped doing business with each other
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Apple Expects $900 Million Tariff Hit As It Shifts US iPhone Supply To India
Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said.
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"Kids Will Have 2 Dolls Instead Of 30": Trump Downplays Trade War Impact
US President Trump defended his tariff strategy against China, claiming Americans could manage with fewer imports.
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Donald Trump Calls Jeff Bezos After Amazon Reveals Tariffs On Goods
Trump's tariffs on Chinese imports, set at 145%, will significantly impact Amazon, as a substantial portion of its sales come from smaller, independent retailers that rely heavily on imports.
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Trump To Sign Order Granting Some Auto Tariff Relief: White House
President Donald Trump will sign an executive order on Tuesday to soften the impact of his automotive tariffs, the White House said.
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Amazon's Plan To Show Tariff Costs A 'Hostile, Political Act': White House
The White House on Tuesday slammed Amazon over reports it would soon tell consumers how much US President Donald Trump's tariffs have contributed to the price tag on its goods.
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Trump's Tariff Plans Would Cost US Employers $82.3 Billion: Analysis
An analysis finds a critical group of US employers would face a direct cost of $82.3 billion from President Donald Trump's current tariff plans, a sum that could potentially be managed
-
Donald Trump's Tariffs Bite Into Restaurant Profits In US
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher import costs have eaten into margins and fed into consumer prices in the three months since President Trump introduced Tariffs.
-
Trump Ends Trade Talks With Canada Over Tax On US Tech Firms
President Donald Trump said Friday that he is calling off trade negotiations with Canada in retaliation for taxes impacting major US tech firms, adding that Ottawa will learn of their tariff rate within a week.
-
"Trump Tariffs Will Cause Recession This Year": Elon Musk's Nastiest Digs
Musk also took a shot at Trumps election win. Trump had claimed that he would have won Pennsylvania even without Musk, but the tech billionaire says that Trump only won because he spent hundreds of millions of dollars and campaigned for Trump.
-
Opinion | If Trump's Tariffs Are For China, Why Are They Hurting Canada Instead?
While China is the world's largest steel manufacturer and exporter, it is only the 10th-largest steel supplier to America. Compare this to the 22% coming from Canada, and it becomes clear who is impacted more by this move.
-
TSMC Says US Tariffs Have Some Impact But AI Demand Robust
Taiwan's TSMC said on Tuesday that US tariffs were having some impact on the company and had been discussed with Washington. TSMC's Chief Executive C.C. Wei has disclosed that the company had not seen any changes in customer behaviour due to tariff uncertainty.
-
Is Donald Trump Doing The World A Favour By Isolating The United States?
United States President Donald Trumps tariffs against most of the world tanked stock markets, disrupted the U.S. bond market and destabilized the global economy.
-
Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
-
Donald Trump Talks Tough On China, But Early Focus Elsewhere
Voicing frustration over the lack of success in ending Russia's invasion of Ukraine, US Secretary of State Marco Rubio called for renewed focus on "our number-one geopolitical foe" -- China.
-
US President Trump Says He's Willing To Lower China Tariffs For This Reason
President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies are so high that the two of the world's largest economies have essentially stopped doing business with each other
-
Apple Expects $900 Million Tariff Hit As It Shifts US iPhone Supply To India
Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was "limited" at the start of this year, chief executive Tim Cook said.
-
"Kids Will Have 2 Dolls Instead Of 30": Trump Downplays Trade War Impact
US President Trump defended his tariff strategy against China, claiming Americans could manage with fewer imports.
-
Donald Trump Calls Jeff Bezos After Amazon Reveals Tariffs On Goods
Trump's tariffs on Chinese imports, set at 145%, will significantly impact Amazon, as a substantial portion of its sales come from smaller, independent retailers that rely heavily on imports.
-
Trump To Sign Order Granting Some Auto Tariff Relief: White House
President Donald Trump will sign an executive order on Tuesday to soften the impact of his automotive tariffs, the White House said.
-
Amazon's Plan To Show Tariff Costs A 'Hostile, Political Act': White House
The White House on Tuesday slammed Amazon over reports it would soon tell consumers how much US President Donald Trump's tariffs have contributed to the price tag on its goods.
