Trump, tariff
Digest more
There is no single way to predict how businesses will price items weeks or months into the future as, in addition to tariffs, they are influenced by things like consumer demand, sales strategies, and supply chains.
A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
Philippine President Ferdinand Marcos Jr will visit the United States next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner,
Prepare for the 'year of tariffs' in 2025. Learn how escalating trade barriers and negotiations could impact markets and your investment strategies.
Explore more
According to the NRF, consumers will spend approximately $39.4 billion on school supplies for K-12 students. For college students, they predict $88.8 billion worth of spending. Stationery and school supply prices have risen 30 percent since 2021, according to Deloitte’s 2025 back-to-school survey.
Thailand expects to receive U.S. tariff rates by August 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with the United States Trade Representative.
The number of companies at the greatest risk of defaulting are at an 11-month high, thanks to continued uncertainty around Donald Trump’s global trade war and how it has worsened credit conditions, according to a Moody’s Ratings report.
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
Recent data from the Labor Department has shown that the price of foreign exports to the U.S. — before tariffs — has held steady over the last few months. That means U.S. importers are absorbing most of the tariff burden.
Brazilian President Luiz Inácio Lula da Silva tells CNN’s Christiane Amanpour in an exclusive interview it was “a surprise” to see President Donald Trump’s letter posted to Truth Social, threatening Brazil with a crippling tariff of 50% starting August 1st.
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Thursday said he would not take orders over tariffs from a foreigner, referring to U.S. President Donald Trump, and later called the United States' threatened duty "unacceptable blackmail.