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.
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.
