Toy prices could rise due to tariffs
Americans could start to see the prices of toys rise this fall, that’s according to Hasbro’s CEO.
President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.
EU trade ministers agreed Monday that U.S. President Donald Trump’s announcement of 30% tariffs on the European Union was “absolutely unacceptable,” and they are studying a new set of countermeasures to respond to the move.
U.S. stock indexes are hanging near their records on Monday following President Donald Trump’s latest updates to his tariffs, as speculation continues on Wall Street that he may ultimately back down on them.
Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro.
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.
Americans could start to see the prices of toys rise this fall, that’s according to Hasbro’s CEO.
President Trump has announced a 50% tariff on all copper imports that takes effect august first.
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.