The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
Category: Customs (Tariff)
-
Switzerland Reaches Agreement With U.S. to Cut Tariff to 15%
The deal would reduce an extraordinarily high tariff rate that had threatened to cripple Swiss exports.
-
Trump Officials Prepare Tariff Exemptions, Seeking to Lower Food Prices
If the proposal goes into effect, it would be the latest rollback of one of President Trump’s key economic policies over concerns about affordability.
-
Canadian Travel to the United States Falls for 10th Consecutive Month
The drop has been reflected in air and car travel, according to Canadian statistics. Tensions over tariffs placed by the Trump administration spurred calls for Canadians to spend their money at home.
-
The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
-
Why Factories Will Keep Looking for Alternatives to China
A trade truce between the United States and China has calmed nerves, but it won’t stop the broader movement of companies to countries like Vietnam.
-
Where the Taste of Home Comes With a Tariff Charge
For immigrant communities from countries with especially high duties, food costs have risen sharply courtesy of President Trump.
-
Trump’s Tariffs Hit Specialty Grocery Stores for Some Immigrant Communities Especially Hard
For immigrant communities from countries with especially high duties, food costs have risen sharply courtesy of President Trump.
-
China Tightens Controls on Fentanyl Precursors After Summit
China will require licenses for export of 13 chemicals used to make the deadly drug, another indicator of thawing tensions between the world’s two largest economies
-
Japanese Automakers Warn of Billions in Tariff Losses
Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely ‘here to stay.’
-
China’s Exports Unexpectedly Falter as Prices Keep Falling
Exports of cars, solar panels and batteries remain strong, but prices are falling because of factory overcapacity in China.
-
Trump’s Tariffs Leave Swiss Farmers With Too Much Milk
The country’s dairy farmers produced a bumper harvest of milk, but higher U.S. duties have forced them to consider ways to cut back, including slaughtering cows.