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tariffs

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Jul 09

Trump’s sweeping tariffs may overshadow Rubio’s official trip to Asia

By Matthew Lee, Associated Press

The Trump administration is seeking to boost relations with Indo-Pacific nations to counter China's growing influence in the region. Trump on Monday sent notice to several countries about higher tariffs if they don't make trade deals with the U.S.

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Jul 08

Watch 5:43
How Trump’s tariff threats could impact relationship between U.S. and Asian allies

By William Brangham, Azhar Merchant

President Trump is ratcheting up trade negotiations by threatening to place much higher tariffs on several countries. Most of the 14 countries targeted are in Asia, including Japan and South Korea, some of the U.S.'s largest trading partners and staunchest…

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Jul 08

A look at the countries that received tariff letters from Trump

By Associated Press

President Donald Trump has sent letters to 14 countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.

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Jul 08

Amazon extends Prime Day discounts as retailers weigh tariffs and price increases

By Anne D'Innocenzio, Associated Press

Amazon executives declined to comment on the potential impact of President Donald Trump's tariffs on Prime Day deals.

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Jul 07

Trump announces 25% tariffs on goods from Japan and South Korea beginning Aug. 1

By Alex Veiga, Associated Press

Trump has been talking for a while about ending trade negotiations and sending out letters informing countries about their tariff rates.

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Jul 06

Pressure from Trump for trade deals before July 9 deadline, but hints of more time for talks

By Ellen Knickmeyer, Michelle L. Price, Associated Press

The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1.

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Jul 05

Watch 7:43
What’s behind a thrifting boom among American shoppers

By Ali Rogin, Veronica Vela

While thrift stores are nothing new, they’re becoming more popular as shoppers deal with rising costs of living and even in some cases earn a living as resellers. The secondhand clothing industry is projected to grow about three times faster…

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Jul 02

Trump’s tariffs would cost U.S. employers $82.3 billion, potentially causing price hikes and layoffs

By Josh Boak, Associated Press

President Donald Trump says he's reached a trade deal with Vietnam. Trump says Vietnam will pay a 20% tariff on goods sent into U.S. territory and a 40% tariff on transshipping, which usually means exports from China that pass through…

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Jun 29

Trump says he’s not planning to extend pause on most of his tariffs beyond July 9

By David Klepper, Ali Swenson, Associated Press

“We’ll look at how a country treats us — are they good, are they not so good — some countries we don’t care, we’ll just send a high number out,” Trump told Fox News Channel's "Sunday Morning Futures" during a…

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Jun 27

U.S. stocks close at an all-time high just months after plunging from Trump trade worries

By Damian J. Troise, Alex Veiga, Associated Press

The gains on Friday were broad, with nearly every sector within the S&P 500 rising.

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