Trump, Deals and tariff
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Trump’s Tariffs Are Driving Up Inflation
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Trump, Tariffs
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The selloff came after ASML reported its second-quarter earnings. Orders of 5.54 billion euros ($6.44 billion) for the company’s chip-making machines topped analysts’ targets, but CEO Christophe Fouquet warned that growth in 2026 was no longer guaranteed amid uncertainty on multiple fronts.
U.S. President Donald Trump's tariffs on South Africa could cause around 100,000 job losses, with the agriculture and automotive sectors hardest-hit, central bank governor Lesetja Kganyago said on Wednesday.
The US administration's proposed 50% tariffs on copper imports are not yet fully detailed, but they pose significant risks of increased costs across various sectors.
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With new tariffs on tomatoes from Mexico falling during Maryland’s tomato season, farmers are hopeful that more people will make the switch to local produce.
Japanese shipper Kawasaki Kisen (K-Line) is adjusting its U.S. services and is prepared to reroute more ships away to other regions as it braces for potentially higher U.S. tariffs, CEO Takenori Igarashi said on Wednesday.
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President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.
Eco-Shop pulled off Malaysia’s biggest IPO of the year and is now looking to expand its dollar-store empire despite a tough trade environment.
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Axios Sneak Peek on MSNScoop: House Dems seek to bypass GOP on ending Trump tariffsThe discharge petition is a long-shot, but Democrats at least hope to put public pressure on Republicans to oppose the tariffs.
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Inflation in June showed scattered signs of rising costs tied to the Trump tariffs, but Americans simply aren’t paying sharply higher prices because of U.S. trade wars. Here are four things we learned from the latest consumer-price index report.