#tariffs

#tariffs

Entry-level vehicle inventory has dwindled since the pandemic-era chip shortage saw automakers shift their attention toward producing more profitable higher-end vehicles.

Philippine President Ferdinand Marcos Jr will meet United States President Donald Trump this week, hoping Manila's status as a key Asian ally will secure a more favourable trade deal.

President Trump’s threats of a 30% tariff on EU imports are causing EU firms to re-evaluate their strategies, while the UK benefits from a unique trade position.

Commerce Secretary Howard Lutnick emphasized that a large percentage of Canadian goods enter the U.S. tariff-free under the USMCA, stating that 75% of goods are tariff-free.

Wells Fargo economists noted that there has been a decline in discretionary spending on services, a trend historically observed during or immediately after recessions.

"The uncertainty has led us to spend all our time trying to rejigger what we're ordering, where we're bringing it in, when it's going to get here."

Earlier this month, Washington announced a new US-Vietnam trade deal, under which Vietnamese exports to the US will face a 20% tariff, down from the threatened 46%. However, 'transshipped' goods would be subject to a 40% levy.

"Their board came to this decision amid national economic turmoil, which is at risk of worsening amid threats of even higher tariffs," Whitmer said in a statement.

I think we're going to work it out so that China is going to end up going from that to giving the death penalty to the people that create this fentanyl and send it into our country, Trump said. I believe that's going to happen soon.

Following last week's sudden tariff changes, Analogue 3D will now begin shipping next month. We're absorbing the costs--your preorder price stays the same. No additional charges.

U.S. President Donald Trump has threatened 'very severe tariffs' on Russia if a peace deal with Ukraine isn't reached within 50 days.