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. Continue reading
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. Continue reading
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. Continue reading
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. Continue reading
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… Continue watching
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… Continue reading
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… Continue reading
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. Continue reading
Jun 27 Trump says trade talks with Canada are suspended over its tax on technology firms By Michelle L. Price, Associated Press President Donald Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage… Continue reading
Jun 26 U.S. economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed By Paul Wiseman, Associated Press The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department said. Continue reading