President Trump tariffs take a toll on toys
The Trump Administration’s tariffs are taking a toll on toys.
President Donald Trump sent out tariff letters to seven smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day.
President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April.
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1.
The Trump Administration’s tariffs are taking a toll on toys.
Canada is retaliating against some U.S. trade policies.
Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports.
The Trump Administration’s 50% steel tariffs have threatened to make everything containing steel more expensive.
China’s trade negotiator says the U.S. and China have agreed on a trade framework.
President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade framework and that tariffs on Chinese goods will total 55%.
U.S. stocks remain in limbo on Tuesday as the wait continues to hear what will come of trade talks underway between the United States and China.