#tariffs
articles
U.S. Container Imports to Slide After Early Peak Season, But Holiday Stocks Are Secure
U.S. container imports are poised to fall steadily through year-end after an early peak season driven by tariff fears an...
US Container Imports Set to Ebb as Front-Loaded Peak Season Fades
A pull-forward of freight ahead of tariff deadlines propelled early-year volumes, but imports are now projected to decli...
Daimler Truck Bets on H2 Recovery as US Demand Offsets Tariff Blow
Despite a steep drop in Q2 net income, the German truck maker raised its full-year forecast on surging US demand and eas...
U.S. Senate Approves Russia Energy Sanctions Bill, Tariffs on Oil Importers Await House
The Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act with broad bipartisan support, empowering the pr...
Apple, Amazon, Nike Pocket Billions in Tariff Refunds While Consumers Footed the Bill
America's largest companies are reclaiming billions from tariff refunds after a Supreme Court ruling, but the consumers ...
Parliamentary Panel Urges Swift India-US Trade Deal, Exemption for Generic Drugs and Smartphones
A Rajya Sabha committee wants the government to quickly seal a bilateral trade pact with the US that grants blanket tari...
Trump Imposes 15% Tariff and Minimum Prices on Polysilicon to Shield US Solar and Chip Inputs
The White House's Section 232 action sets import price floors and a new levy on polysilicon, raw material for solar pane...
Matson’s China-U.S. Box Volumes Surge on Tariff Frontloading, Strong E-Commerce
Matson’s CEO says China services ran above capacity in July and will stay near full through peak season as shippers rush...
Trump Deploys Section 232 to Hit Polysilicon Imports with 15% Tariff and Floor Prices
The US is imposing a 15% duty and minimum price for polysilicon, the raw material for solar panels and chips, effective ...
Nintendo's 53% Profit Surge Lifted by Trump Tariff Refund Despite Sales Dip
Nintendo's quarterly profit soared 53.5% thanks to a US tariff refund, even as revenue fell 10%. The windfall comes amid...
25 US States Sue Trump Administration Over New Section 301 Tariffs
A coalition of 25 US states challenges the administration's latest tariffs as illegal, arguing that the forced-labour ra...
June US Container Imports Rise 9% on Tariff Front-Loading, S&P Global Data Shows
US-bound June containerized imports grew 9.0% annually to 2.53 million TEU, driven by consumer discretionary goods pulle...
US Fashion Firms Plan Broad Hiring Through 2031, but Just 10.5% Eye US-Made Sourcing
Nearly nine in ten US fashion companies plan to hire through 2031, yet barely one in ten sees US-made sourcing as a tari...
Canada Imposes 25% Tariff on Wood Cabinets, Vanities Pending Injury Probe
A 25% surtax on certain wood cabinets and vanities takes effect Friday for up to 200 days while the Canadian Internation...
Apple Delivers Record Quarter, But Stock Tumbles 8% as Market Fears Loom
Apple's revenue surged 16% to $109bn, with iPhone sales up 22% to a record $54bn for a spring quarter. Consumers rushed ...
Siemens Healthineers Cuts Revenue Outlook on Diagnostics Weakness, But Tariff Refunds Lift Profit
The German medical equipment giant lowered its full-year revenue growth forecast to 3.5–4% as its diagnostics unit drags...
PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction
The German sportswear group reported a smaller-than-expected net loss of €72.8m, helped by a €11.5m tariff reimbursement...
US and China air grievances as fragile trade truce frays ahead of Trump‑Xi summit
A call between Vice Premier He Lifeng, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer exposed ...
Hawkish Fed, tariff shock weigh on Indian stocks as rupee and foreign flows face fresh pressure
A hawkish Federal Reserve hold, three dissenting votes for a hike, and new US tariffs on 60 countries are creating a tou...
China's Consumption Slump and Export Surge Fuel Trade Clash with the EU
As a 4.7% GDP growth masks a deepening divide between China's weak consumer spending and its booming export machine, the...
BMW Pursues Tariff Offset Deal with Trump-Aligned US Dealers
German carmaker explores a mechanism to net import and export credits to ease the sting of U.S. tariffs, enlisting deale...
Trump Unleashes New Tariffs on 60 Nations, Using Forced Labor Claim to Skirt Legal Defeat
President Trump imposes 10-12.5% tariffs on 60 trade partners, pivoting to forced labor and overcapacity justifications ...
US extends executive order threatening 50% tariff on Brazil, sends political message despite Supreme Court block
The Trump administration renewed its executive order that originally imposed a 50% tariff on Brazilian goods, even thoug...
Consumer Strength Lifts Visa, Ford and UPS; Tariff Refunds Boost Logitech, Philips
A wave of quarterly results showed US consumers still opening their wallets, helping Visa, Ford and UPS beat expectation...
Chile’s Biminister Mas Warns of ‘Months of Bad News’ on Jobs as Business Groups Pitch Recovery Plans
Economy and Labor Minister Mas met with the CPC to launch “Modo Empleo” and heard sectoral proposals to lift employment,...
How Tariffs, AI Wealth, and Data Centre Boom Shaped Europe's Q2 Earnings
Philips’ tariff refunds, Hochtief’s data centre orders, and LVMH’s US luxury surge highlight a quarter where geopolitica...
US Diplomats Walk Out During French Speech at UN After Human Rights Criticism
A public rebuke of the US stance on human rights by France's UN mission prompts American diplomats to leave a Security C...
Rivian Sues the US to Recover 'Liberation Day' Tariffs After Supreme Court Voided Them
The EV maker wants reimbursement with interest for duties it says added cost to every vehicle, setting up a test case fo...
Trump’s New Section 301 Tariffs Face Lawsuit Alleging ‘Arbitrary’ Backdoor Duties
Two businesses argue the levies imposed for forced labor are a workaround to reinstate scrapped tariffs, and the rushed ...
Mexico Among Least Harmed by Trump's Latest Tariff Overhaul, Thanks to USMCA Shield
New US tariff regime under Section 301 raises duties for 60 economies, but Mexico’s exports remain sheltered by the trad...