US, EU ink trade deal with 15% tariff
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His latest book is ‘What Went Wrong With Capitalism’ At the beginning of the year, the world was in striking agreement on one point: if Donald Trump went ahead with tariffs, it would strengthen the dollar and trigger stagflation.
Who pays for these tariffs? Most economists reckon that ordinary Americans will lose out, as prices in shops rise. Mr Trump and his coterie, by contrast, blithely insist that the rest of the world will shoulder the load by cutting their selling prices. So far, the evidence is giving the know-nothings a glimmer of hope.
Bangladesh has ordered 25 aircraft from Boeing and ramped up imports of key American goods in an effort to defuse trade tensions and bring down the steep tariffs imposed by the Trump administration, a senior official said on Sunday.
Independent Can Company has raised prices twice this year already after Trump imposed 25% duties on steel in March, and then doubled them in June.
Calbee's President and CEO Makoto Ehara talks about the 15% tariff on Japanese goods and the steps that the Japanese snack food company is taking to mitigate its impact.
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The Trump administration’s tariffs roughly break down into one of two categories. What do each of them mean for the global economy?
Shein shoppers in the U.S. are facing steep price hikes after a key tariff exemption ended. The policy shift, part of Trump’s broader trade crackdo
Commerce Secretary Howard Lutnick said on Sunday that President Trump would not grant any further extensions to countries wishing to negotiate trade deals ahead of the Aug. 1 deadline. “No