Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
Category: Customs (Tariff)
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The World’s Central Banks Are Wrestling With a Gigantic Problem
The New York Times – Business: -
Ford Reports Higher Profit Thanks Partly to Tariff Refund
The New York Times – Business:Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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G.M.’s Profit Bolstered by a $500 Million Tariff Refund
The New York Times – Business:Because of a February Supreme Court decision, General Motors said it would receive refunds on some of the tariffs it had paid.
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Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses
The New York Times – Business:Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Companies, Not Consumers, to Cash In Big From Tariff Refunds
The New York Times – Business:Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Who’s Getting a Tariff Refund?
The New York Times – Business:Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets.
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Trump Administration Takes Steps to Refund $166 Billion in Tariffs
The New York Times – Business:The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
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Trump Administration to Begin Refunding $166 Billion in Tariffs
The New York Times – Business:The government will debut a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
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Trump Administration Returns to Court for Yet Another Tariff Lawsuit
The New York Times – Business:States and small businesses challenged the 10 percent tax on many imports that President Trump imposed after the Supreme Court struck down a previous slate of tariffs.
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America’s Furniture Stores Struggle to Survive a Frozen Housing Market
The New York Times – Business:Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
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White House Secures Foreign Steel for Ballroom Project
The New York Times – Business:ArcelorMittal, a European steel maker, is donating tens of millions of dollars of foreign steel for President Trump’s new ballroom.
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‘Definitely a Sham’: As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate
The New York Times – Business:U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud.