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Consumer sentiment improved in July, despite Trump's tariff threats
Consumer sentiment ticked higher in July, marking two consecutive months of improved shopper attitudes as businesses navigated President Donald Trump’s latest tariff threats targeting dozens of countries.
Trump Aims Tariff Double Whammy at Industries, Nations by Aug. 1
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’s standing in the global trading system by penalizing purchases from abroad.
Chinese graphite is crucial to electric car batteries. Trump just put a 93.5% tariff on it
The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States.
Trump's tariffs threaten to take the fizz out of champagne's crucial US market
The U.S. is the biggest market for champagne with 10% of champagne exports by volume and 15% by value and producers say the tariffs will push up prices for consumers and threaten jobs all along the supply chain,
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Trump's pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty
After slashing billions in foreign aid, including shutting down the U.S. Agency for International Development, the Trump administration says it is forging a new approach: "commercial diplomacy." Trade,
Trump’s tariffs are turning into a ‘mosaic’ that will be ‘idiosyncratic,’ Morgan Stanley says, projecting a $2.7 trillion haul over 10 years
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
Trump tariffs force Greek olive oil producers to seek new markets
Greek olive oil producer Konstantinos Papadopoulos wasted little time when the threat of U.S. tariffs was floated by President Donald Trump in the spring. He immediately started looking for alternative buyers around the world.
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Trump’s Tariff ‘Letter Diplomacy’ Is a Sign of Desperation
Trump's tariff letters appear to make the process of diplomacy public and therefore transparent. But there are other reasons why he is posting them. The post Trump's Tariff ‘Letter Diplomacy' Is a Sign of Desperation appeared first on World Politics Review.
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