Category: Customs (Tariff)

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.
China’s Garment Factories Face a Tipping Point After New Tariffs

As a U.S. tax loophole ends, the apparel makers that sell to America are forced to consider alternative markets or cheaper locations in and outside China.
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.
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.
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.
Car Prices Expected to Rise as Tariffs on Parts Kick In

Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows

The picture of a steady job market, even if backward looking, reassured investors worried about a trade-induced economic slowdown.
For the U.S. and China, the Only Talking Is About Whether to Talk

The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts

The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.
Don’t Count the Dollar Out Just Yet

As President Trump’s tariffs rock the world, German bonds and the euro are benefiting. But U.S. strength endures, our columnist says.
Why Apple Warned About a $900 Million Tariff Hit

The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.
Exxon and Chevron Report Lower Profits While Girding for Tariffs

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.