Trump, tariffs and war wins
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Columbus, Indiana, is home to many companies that export their goods. Mayor Mary Ferdon wants the trade war to end. “The uncertainty hurts.”
BRUSSELS (Reuters) -The EU is weighing a temporary return to its pre-war trade agreement with Ukraine if a renegotiated deal is not ready to take effect when war-related tariff suspensions expire on June 5, EU diplomats said on Wednesday.
Often Mr. Trump’s new tariffs are layered on top of existing ones. In this case, the T-shirts were subject to a base tariff of 32 percent based on the value of the import. Many goods typically have a very low base tariff, but garments and other textile goods are subject to some of the highest tariffs.
Donald Trump may have temporarily paused his trade war with China and other countries. But the extreme economic uncertainty unleashed by the president’s tariffs still raises the question of what, if anything,
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While many business owners have expressed relief at the reprieve—which as of now lasts for 90 days—a 30 percent hike in cost of goods is lot to swallow, leading some business owners to look for ways to mitigate their tariff burdens.
President Trump has cited the U.S. fentanyl crisis as one of the reasons for tariff threats against the nation’s biggest trading partners, Mexico, Canada and China. The crisis is far from over. But th
The curtain came down on the first phase of President Trump’s tariff and trade war earlier this week, when the U.S. announced a huge reduction in levies with China. Washington and Beijing agreed