California to sue in effort to stop Trump from imposing sweeping tariffs
The lawsuit will argue that enacting such tariffs requires approval from Congress.
trade
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As Trump considers auto tariffs pause, parts exemptions could be key for industry
Though Trump says his tariffs are intended to bolster U.S. auto manufacturing, automakers aren’t able to reconfigure their sourcing in short periods of time, experts say.
Irish pharma exports to United States surge amid tariff threat
It was the second straight sizable increase, suggesting that U.S. drug makers with Irish manufacturing hubs like Indianapolis-based Eli Lilly and Co. could be stockpiling products ahead of any tariffs on the sector.
Trump considers exceptions for auto parts facing 25% U.S. tariffs
President Donald Trump said he is exploring possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up U.S. manufacturing.
Commerce chief: New electronics tariff exemptions are temporary, chip tariffs coming
Sparing electronics was expected to benefit big tech companies like Apple and Samsung and chip makers like Nvidia, though the uncertainty of future tariffs may rein in an anticipated tech stock rally on Monday.
Manufacturers struggle with uncertainty amid tariff chaos
The fallout has been most pronounced for companies that buy or sell from China, but even those that do business with other countries say international buyers are treading carefully.
China hits back, will raise tariffs on American goods from 84% to 125%
The United States’ top imports from China, meanwhile, include electronics such as computers and cell phones, industrial equipment and toys.
White House starts trade negotiations, but tensions are high with China
Markets swooned Thursday as investors realized that the president is not backing away from a confrontation with Beijing.
Trump pauses tariff hikes on most nations for 90 days, raises taxes on Chinese imports
Trump said more than 75 countries that were set to face “reciprocal tariffs” have been involved in negotiations and would see their levies paused or lowered to 10 percent for 90 days, also effective immediately.
Trade war escalations spark bond sell-off as companies worry about economy
U.S. Treasury bonds sold off Wednesday as a global trade war escalated, with the Trump administration’s harshest tariffs yet drawing swift retaliation from China and the European Union.
Trump launches tariff barrage, but stresses desire to cut deals
World leaders and business executives are bracing for higher tariff rates that took effect at 12:01 a.m. Wednesday.
Stocks rise worldwide as hopes for tariff negotiations deliver some relief
Hope still remains on Wall Street that negotiations may be possible. The country’s top trade negotiator, Jamieson Greer, said roughly 50 countries have already been in contact about new tariff deals.
Stellantis offers to help suppliers pay tariff costs
The discussions highlight how the auto industry is beginning to digest the initial fallout from President Donald Trump’s escalating trade war.
Nations puzzle over how to respond to trade war as global markets sink
America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, D.C.
Trump threatens more tariffs on China as global markets plunge
President Trump’s threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs announced last week.
Trump says he’s not backing down on tariffs, calls them ‘medicine’ as markets reel
President Trump’s comments came as global financial markets appeared on track to continue sharp declines once trading resumes Monday.
China to impose a 34% tariff on imports of all US products
The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports that President Donald Trump ordered this week.
What to know about tariffs after Trump launches trade war
Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of everything from cars to clothes to computers.
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
UPDATE: Trump announces sweeping tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump on Wednesday announced a baseline tax on imports from all countries, as well as what he called “reciprocal” tariffs on dozens of nations that run trade surpluses with the U.S.