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US
about 7 hours ago

Detroit Axle cuts over 100 jobs, closes Ferndale warehouse due to tariffs - ClickOnDetroit

Detroit Axle announced that it will permanently lay off more than 100 employees due to President Donald Trump's tariff policy.

US
about 8 hours ago

Volkswagen takes $1.5B hit from tariffs - Automotive Dive

Volkswagen takes $1.5B hit from tariffs. The auto group was forced to trim its full-year earnings forecast and “realign” its business model, possibly ...

US
about 8 hours ago

Trump suggests giving out 'rebates' from billions in tariff revenue - New York Post

President Trump suggested Friday giving some Americans "rebates" from the tariff revenue he's attained in his trade war.

US
about 9 hours ago

U.S. automakers are 'cool' with Japan trade deal, Howard Lutnick says - Quartz

A trade deal put a 15% tariff on cars Japan exports to the U.S. But American firms must pay 25% tariffs for cars they manufacture in Canada and ...

US
about 9 hours ago

Dow Jones Futures: Meta, Amazon, Fed , Trump Tariffs Ahead; Tesla Robotaxi Or Just Taxi?

Dow Jones futures: Meta, Amazon lead an earnings wave, along with a Fed meeting and Trump tariff deadline. Tesla robotaxi may expand soon.

US
about 10 hours ago

China Budget Gap Hits Record in Spending Blitz to Offset Tariffs - Yahoo Finance

... tariffs reduce exports to the US.Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USThe ...

US
about 10 hours ago

CFOs face surging trade compliance costs under Trump's high tariffs: Fed | CFO Dive

Much of the new regulatory cost from higher tariffs stems from greater complexity in determining the national source of a product, according to ...

US
about 10 hours ago

Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say - CBS News

With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.

US
about 10 hours ago

Posthaste: If a 15% tariff is the 'new normal,' would that be a 'bitter pill' for Canada?

With Canada's Aug. 1 tariff deadline rapidly approaching, it appears Donald Trump is intent on raising the stakes. Read more.

US
about 10 hours ago

Trump's trade deals are illegal, Piper Sandler warns, predicting a Supreme Court ... - Fortune

The investment bank thinks a 9–0 ruling against Trump is likely. That doesn't mean the tariffs will just go away.

US
about 10 hours ago

Mexico Tariffs Could Create Strain on Texas Economy - Insurance Journal

Importers and exporters based in Texas have so far avoided the harshest effects of the trade war sparked by President Donald Trump's tariffs on ...

US
about 10 hours ago

Shaheen hopes to exempt small businesses from some tariffs - WMUR

As business owners examine the potential effects of tariffs, U.S. Sen. Jeanne Shaheen is working on new legislation she hopes will offer some ...

US
about 10 hours ago

South Korea officials to meet US commerce secretary again for tariff talks | Reuters

... tariffs on individual items such as automobiles and reciprocal tariffs," he said. Advertisement · Scroll to continue. Industry minister Kim and ...

US
about 10 hours ago

Wall St Week Ahead: Tariffs, Fed, tech results headline jam-packed markets week | Reuters

A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events threatening to disrupt an increasingly calm U.S. ...

US
about 10 hours ago

Corporate America's weird tariffs summer - NPR

Tariffs chaos is continuing — but investors and some big companies are shrugging it off.

US
about 11 hours ago

India-US Trade Deal LIVE: Most Deals Finished, Will Send '200 Tariff Letters,' Says Trump

Donald Trump on Friday said there's a "50-50 chance" of a trade deal between the US and the EU. He also noted that "200 tariff letters" will be ...

US
about 11 hours ago

Trump rebate checks: President shares update on payments to Americans - Newsweek

The president said Friday that tariff revenue could be used to give money to some Americans.

US
about 11 hours ago

Trump floats tariff 'rebate' for consumers. That could be a challenge, experts say - CNBC

President Donald Trump said he's considering a tariff "rebate" for some Americans. If authorized, it's unclear whether it could come as a stimulus ...

US
about 11 hours ago

Secondary Tariffs or Tighter Sanctions? Strategies to End Russia's War in Ukraine

Earlier this month, U.S. President Donald Trump threatened secondary tariffs of 100% on any country trading with Russia if there is no deal to end ...

US
about 11 hours ago

America is starting to eat Trump's tariffs TACO salad, UBS says | Fortune

Haefele looked under the hood of headline inflation to isolate the reading for “core goods” in June, arguing that this is where the tariff impact is ...