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An employee of German car manufacturer Mercedes-Benz works on a Mercedes CLA class model, in Rastatt

World May 01

News Wrap: Trump announces 25% tariffs on cars and trucks from the EU

World May 01

trump2
WATCH: Trump says he raised tariffs on autos from EU to 25%

Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.

By Josh Boak, Associated Press

World Apr 30

Britain's King Charles and Queen Camilla in the United States for state visit
Trump says he's lifting certain tariffs on Scotch whisky after royal visit

“The King and Queen got me to do something that nobody else was able to do, without hardly even asking!” President Donald Trump posted on social media.

By Josh Boak, Associated Press

Nation Apr 29

tariff
Watch 7:10
How upcoming tariff refunds may affect U.S. businesses and consumers

One of the many uncertainties clouding the U.S. economic picture is tariffs — both the prospect of new ones and upcoming refunds from those struck down by the Supreme Court. Stephanie Sy speaks with Jay Foreman, CEO of the toy…

By Stephanie Sy, Diane Lincoln Estes

Politics Apr 19

FILE PHOTO: Canada's Prime Minister Mark Carney speaks during Question Period in Ottawa
Canada's prime minister says economic connection to the U.S. has shifted from a strength to a weakness

Prime Minister Mark Carney said tariffs imposed by U.S. President Donald Trump have impacted workers in such major industries as auto and steel and prompted businesses to hold back investments.

By Jim Morris, Associated Press

Apr 13

Already under financial pressure, farmers squeezed further by tariffs and Iran war

By Josh Kelety, Associated Press, Eric Ferkenhoff, Lee Enterprises

China is buying U.S. soybeans again, but farmers say a recent $12 billion federal aid package isn't enough to recoup their losses during the trade war.

Continue reading

Apr 10

Federal court hears new case against Trump's latest global tariffs

By Mae Anderson, Paul Wiseman, Associated Press

The U.S. Court of International Trade, a specialized court in New York, is hearing oral arguments Friday in an attempt to overturn the temporary tariffs President Donald Trump turned to after the Supreme Court in February struck down his preferred…

Continue reading

Mar 18

Trump's tariffs are causing harm to American manufacturers instead of benefiting them

By Josh Boak, Associated Press

The White House says the Republican president's policies will take time to make a difference.

Continue reading

Mar 11

Trump administration starts new process to try to replace tariffs struck down by Supreme Court

By Josh Boak, Associated Press

The Trump administration on Wednesday opened a new trade investigation into manufacturing in foreign countries — an effort that comes after the Supreme Court struck down President Donald Trump’s previous use of tariffs by declaring an economic emergency.

Continue reading

Mar 10

China's exports surge despite waning trade with the U.S.

By Chan Ho-him, Associated Press

The export figures released by China’s customs agency on Tuesday were much better than economists had forecast.

Continue reading

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