Trump, China and Tariffs
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Tariffs, inflation
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Top News
Overview
Impacts
Tariffs show 0.1 per cent rise in consumer price index
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Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher bond yields, and recession.
President Donald Trump's tariffs were touted as a tool for winning trade concessions from other countries. Those benefits are so far few and far between.
The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.
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The Tote Library spent more than $30,000 on marketing, trying to expand further into the US. Then, Trump's tariffs came into effect, hitting sales.
Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump's 145% tariffs on China by canceling or putting holds on shipments,
A federal appeals court ruled Trump can continue to collect tariffs while businesses and states try to overturn taxes on foreign imports.
While it’s too early to gauge the full impact of the 2025 tariffs, early signs suggest some sectors are more exposed to short-term volatility than others.
Companies that score high on driving innovation also appear to be prepared to deal with unpredictable tariffs
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.