U.S. and China move toward extending tariff pause
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Trump, tariff and Countries
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Ex-EU Trade Negotiation on US Tariff Agreement
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The car maker has been reckoning with Trump’s 25% tariffs on finished foreign-made cars for much of the second quarter since the levies went into effect in early April.
A Taiwan trade delegation will continue talks with the United States on tariffs in Washington, four people familiar with the matter told Reuters on Wednesday.
Sen. Josh Hawley proposed $600 per person rebates from the government's tariff revenue, with families of four receiving up to $2,400 under the his new bill.
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Stellantis’ updated financial guidance was based on an assumption that current tariff and trade rules will remain in place. It comes shortly after the U.S. and European agreed to a trade framework that means U.S. President Donald Trump’s administration will impose a blanket tariff of 15% on most EU goods.
Retailers rushing to stock up before expected tariffs have boosted the Port of Savannah to its second-busiest year.
The U.S. is expected to implement a 50% tariff on copper imports at the end of the week, but what happens next is anyone’s guess as talk of an exemption for Chile, the biggest U.S. supplier of the metal,
Asian stocks struggled for clear direction on Wednesday, with investors cautious after trade talks between the U.S. and China ended without any substantive agreement and ahead of the Federal Reserve's policy announcement.
African nation Lesotho’s textile manufacturing businesses has dried up in the face of tariffs imposed by US President Donald Trump's administration, leaving thousands of workers in limbo.