When President Trump came into office, he promised to fuel an economic boom with a magic bullet: tariffs. They're taxes added to a wide range of imports. And money is coming in, more than $30 billion ...
Private employment decreased by 32,000 jobs last month after a downwardly revised 3,000 decline in August, the ADP National Employment Report showed on Wednesday. Economists polled by Reuters had ...
U.S. President Donald Trump's import tariffs have breathed life into dormant free trade talks across the globe and driven alliances at an unrivalled pace between partners seeking to offset lost ...
The European Union is planning to boost tariffs on steel imports in an effort to help local producers cope with the impact of Asian overcapacity as well as new trade barriers imposed by the US. The ...
The US government has shut down on Wednesday after Republican and Democrat congressional leadership failed to compromise on a spending bill. Amid these headlines, the Trump administration's newest ...
Japan’s chief trade negotiator has defended a tariffs deal with the U.S., expressing respect for President Donald Trump and calling him a “tough negotiator.” Trade envoy Ryosei Akazawa noted that the ...
Unlike some of its competitors, IKEA remains largely reliant on the physical retail experience. Rivals like West Elm and Crate and Barrel now get more than half their revenue from online sales. IKEA U ...
The European Commission will propose cutting steel import quotas by nearly half and hiking duties on volumes above those levels to 50% in line with tariffs imposed by the U.S. and Canada, a source ...
Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.
The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets.
While the tariffs will impact everyone to some degree, experts say more of the pain will be felt by lower-income consumers.
The Trump administration announced last week it would begin harnessing 25 percent levies on heavy-duty trucks imported into the U.S.
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