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tariffs

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Aug 01

Watch 8:32
Tariffs will help improve ‘broken global economic situation,’ economist Oren Cass says

By Geoff Bennett, Jackson Hudgins

President Trump announced another list of new tariffs on more than 60 countries, an unprecedented economic move that seeks to remake the global trade system. The tariffs, which range in rates from 10 to 41 percent, will take effect next…

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Aug 01

What consumers can expect from import taxes as the U.S. sets new tariff rates

By Dee-Ann Durbin, Anne D'Innocenzio, Associated Press

Tariffs are a tax, and U.S. consumers are likely to foot at least part of that bill.

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Aug 01

Wall Street takes worst tumble since May after employers slash hiring and new tariffs roll out

By Damian J. Troise, Alex Veiga, Associated Press

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners.

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Aug 01

Trump’s new tariffs lenient on some countries, while shares sink and U.S. dollar weakens

By Elaine Kurtenbach, Associated Press

The new rates are due to take effect on Aug. 7, but uncertainty over what Trump might do next remains.

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Jul 31

Trump signs order imposing new tariffs on many trading partners that go into effect in 7 days

By Josh Boak, Associated Press

President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the…

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Jul 31

Watch 6:32
Economist analyzes Trump’s trade deals as tariff deadline approaches

By Amna Nawaz, Murrey Jacobson, Azhar Merchant

With hours to go before President Trump’s deadline, dozens of countries are facing the possibility of significant tariffs that could go into effect. But there’s uncertainty around the deadline as Trump announced a 90-day extension for Mexico. Amna Nawaz discussed…

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Jul 31

European Union expects 15% U.S. tariffs on Friday, but key document still not complete

By Lorne Cook, Associated Press

The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

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Jul 31

Appeals court questions Trump’s authority to impose tariffs without Congress

By Paul Wiseman, Associated Press

Appellate court judges are expressing skepticism over President Donald Trump’s legal rationale for his broadest batch of tariffs.

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Jul 31

Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place

By Josh Boak, Associated Press

Trump posted online Thursday his phone conversation with Claudia Sheinbaum was "very successful in that, more and more," they are "getting to know and understand each other."…

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Jul 31

Trump seeks to use Canada’s recognition of Palestinian state as leverage in trade talks

By Michelle L. Price, Associated Press

Trump's threat posted early Thursday on his social media network is the latest way he's sought to use his trade war to coerce countries on unrelated issues and a swing from the ambivalence he has expressed about other countries making…

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