Mattel, the U.S. toy company, said it would increase prices of some U.S. toys, citing levies on Chinese imports.
Category: Customs (Tariff)
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India and UK Strike Trade Deal Amid Trump’s Tariff Upheaval
The two countries signed a deal three years after negotiations began to strengthen alliances in what the British prime minister called a “new era” of trade.
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Tariffs Could Wreck What Bangladesh’s Garment Workers Have Gained
In Bangladesh, the factories that make clothing for export had remade themselves and raised national incomes along the way. They never bargained for a trade war.
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How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
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Trump Called for Movie Tariffs After a Meeting With Jon Voight
The president’s call for tariffs caused confusion in Hollywood, which has seen a steep drop-off in local film and television production.
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Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
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As Backlash to Trump’s Tariffs Grows, Europe Boycotts American Brands
A shifting perception of the United States amid President Trump’s trade war is prompting Europeans to pivot decisively away from U.S. goods and services.
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The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite.
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Oil Prices Slide Further on Plans to Increase Supply
U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
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Trump Says He Will Put 100% Tariff on Movies Made Outside U.S.
Declaring foreign film production a national security threat, the president said he had asked his top trade official to start the process of imposing a tax on Hollywood.
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Trump’s Tariffs Create Fear and Uncertainty at Vietnam’s Factories
The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.