Tag: tariffs
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US: 25 states sue over Trump’s new tariffs
The coalition of largely Democratic-led states is challenging the Trump administration’s argument that tariffs will address imports produced by alleged “forced labor” abroad. The White House insists the move is legal.
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Small businesses squeezed by Trump’s tariffs turn to risky cash advances
Trump’s tariffs are squeezing some small businesses, and a Fed survey shows more firms applying for merchant cash advances despite steep costs.
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Trump defends tariffs in hard-hit Michigan as Canada tax hike looms
The president says his economic policies are reinvigorating the auto industry and forcing overseas companies to relocate to the US.
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Shein swings to $99m loss as Donald Trump’s tariffs hit sales
The announcement comes as the fast fashion giant prepares for its stock market debut in Hong Kong.
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What do Trump’s tariffs really have to do with forced labor?
After facing legal challenges to previous tariffs, US President Donald Trump is making use of a little-known law that allows him to impose levies on countries that buy products made by forced labor.
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Trump tariffs
Donald Trump’s “America First” policies include measures aimed at reducing trade deficits and boosting domestic manufacturing. While supporters argue they protect US jobs, critics warn of massive disruption.
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Why Trump’s ‘forced labor’ tariffs leave the world puzzled
After the US Supreme Court struck down Donald Trump’s emergency tariffs, the White House has turned to another trade law linked to alleged human rights abuses.
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Watch: Are Trump’s tariffs delivering on his objectives?
The BBC’s Samira Hussain explains how President Trump’s tariffs affect US economy, who pays the price, and whether they’re working.
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Forced labour concerns a ‘convenient’ rationale for rebuilding Trump’s tariff wall: Analysts
The United States said on Thursday (Jul 23) it would impose tariffs of between 10 per cent and 12.5 per cent on imports from 60 trading partners over forced labour concerns, replacing a temporary 10 per cent global duty that expired on Friday.
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China says it opposes new US tariffs, warns against trade wars
The US levies range from 10 to 12.5 per cent, with China slapped with the highest rate.
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