U.S. collected $22 billion in tariff revenue
$22 billion, that’s how much the United States collected in tariff payments from importers on Friday, August 22.
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China promises to help companies slammed by tariffs, as talks with the US left in limbo
China’s top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the U.S. this week kept businesses and planners in limbo.
Trump announces 25% tariff on India and unspecified penalties for buying Russian oil
President Donald Trump said Wednesday that he will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil.
China trade talks end without deal
The Tuesday meeting between Chinese and American trade negotiators in Sweden ended without a deal.
Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds
As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2% to 4.5%.
Trump announces trade deal with Japan that lowers threatened tariff to 15%
President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation.
Trump to put tariffs of over 10% on smaller nations, including those in Africa and the Caribbean
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 say Trump’s 30% tariffs are “absolutely unacceptable”
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.
Wall Street hangs near its record amid doubts about Trump’s tariffs
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.
Brazil vows retaliatory tariffs against US if Trump follows through on 50% import taxes
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.
