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U.S., EU agree to trade deal framework that puts 15% tariffs on European goods
The United States has struck a framework of a trade deal with Europe, U.S. President Donald Trump announced on Sunday. The deal includes a 15 per cent tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and...
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Trump, EU in Last-Ditch Trade Talks; 30% Tariff Threats Looms Over EU
US President Donald Trump and EU chief Ursula von der Leyen planned to meet in Scotland on Sunday in an effort to resolve a months-long transatlantic trade dispute that is nearing its end.
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Stock market stays strong despite wider economic uncertainty
The S&P 500 and the Nasdaq notched record highs this week, with investors appearing to brush off any uncertainty stemming from tariff talk and the conflict in the Middle East. (Scripps News)
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'It's hurting us': Small businesses feel the pinch of tariffs
Small business owner Legrand Lindor knew tariffs were coming, but when a $5,000 import tax bill came on aluminum components from a French supplier, he was shocked. (Scripps News)
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Trump visits Federal Reserve with Jerome Powell
President Donald Trump visited the Federal Reserve on Thursday, a trip that was closely watched amid ongoing tensions between the White House and Fed leadership. (Scripps News)
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Trump Strikes 19% Tariff Trade Deal with Philippines
President Donald Trump announced a new trade accord with the Philippines during a White House meeting with President Ferdinand Marcos Jr..
Press Association
Starmer hails ‘historic day’ as Modi visits for signing of UK-India trade deal
Sir Keir Starmer told Indian counterpart Narendra Modi the signing of a trade deal was a “historic day” for the two countries. At the Prime Minister’s country residence Chequers, Sir Keir said the deal marked a “step change” in...
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Canada-U.S. trade deal hopes appear to fade after latest talks
Although U.S. President Donald Trump’s Aug. 1 deadline is fast approaching, there is no sign of a breakthrough yet on a new Canada-U.S. trade deal after a week of talks in Washington, D.C. Ottawa continues to say it won’t sign anything...
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Japan and U.S. Reach Tariff Deal in ‘Massive’ Trade Agreement
In a surprise move announced July 22, President Trump declared a “massive” trade framework with Japan.
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Trump Tariffs Cut $1 Billion from GM’s Q2 Profits; Shares Slump
General Motors reported a 32 % decline in second-quarter core profit, citing a $1.1 billion hit from U.S. tariffs implemented under former President Trump.
Press Association
Irish Government unveils 9.4bn-euro budget package but warns of looming tariff threat
Minister for Finance Paschal Donohoe and Minister for Public Expenditure Jack Chambers said the decision to spend 9.4 billion euros on the budget in October is based a no-tariff scenario. They said the budget would be revised later in...
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Trump tariffs: Tariff threatens Brazil’s lead as top coffee supplier
50 percent tariffs imposed by Donald Trump has jolted the already struggling Brazil’s coffee industry. The move has triggered concerns in major coffee-producing towns of Brazil.
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GM warns trade war could cost up to $5 billion
Every day we track how tariffs are biting into profits across industries, across continents. But today, we turn to Donald Trump’s backyard. US automakers were among the first to raise the red flag, and now, the financial pain is plain to...
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President of the Philippines visits the White House
President Donald Trump announced he has secured new trade deals with Indonesia and the Philippines. Here's what to know. (Scripps News)
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Tariffs are pinching automakers' profits
On Tuesday, General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago. The company says tariffs are partly to blame and worse impacts may still be ahead. (Scripps News)
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UD: Donald Trump completes six months of second presidency
As US President Donald Trump completes six months in office, Americans remain divided with citizens wanting Trump to focus on consumer prices rather than tariffs.
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Tariffs could make groceries more expensive. CT leaders are on the lookout for suppliers price gouging
A new law gives Connecticut's attorney general the authority to investigate grocery suppliers, not just retailers. But stores said they aren't seeing evidence of price gouging.
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Will a softwood lumber deal be part of Canada-U.S. trade negotiations? | Power & Politics
As premiers meet ahead of a briefing from the prime minister on the state of Canada-U.S. trade negotiations on Tuesday, B.C. Premier David Eby tells Power & Politics there may be 'an opportunity' for Canada to strike a deal on...
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The Windsor Assembly Plant could be in trouble if tariffs don't disappear, as company posts losses: Auto expert
The Windsor Assembly Plant could be in serious trouble if tariffs don't go away, a leading automotive expert says, as U.S. President Donald Trump renews threats of tariffs. It comes as the company says preliminary estimates show a nearly...
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Top Trump official says free trade with Canada still possible
U.S. Commerce Secretary Howard Lutnick told CBS News it was 'silly' to think free trade between Canada and the U.S. is dead, but he also suggested tariffs would remain on some Canadian goods. The countries are aiming for a trade deal in...
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U.S. tariffs, trade to top agenda when Carney meets with premiers
Canada’s premiers are gathering in Ontario for a three-day meeting to discuss U.S. tariffs, interprovincial trade barriers and infrastructure. Prime Minister Mark Carney, who has said a trade deal with the U.S. may involve accepting some...
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Tariff tensions grip south Asia trade: Sri Lanka faces 30% tariffs on exports to the US
South Asia’s trade landscape is under strain as Sri Lanka braces for a hefty 30% tariff on exports to the US. The move sparks fears of economic setbacks and rising regional trade tensions.
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US threatens Brazil with 50% tariffs: Lula says levy pressure is 'unacceptable blackmail'
Tensions are rising between Brazil and the United States over tariffs and a high-stakes trial.
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EU trade chief says US-China trade deal is political stunt
While markets have responded positively to the first phase of the new trade deal being signed between China and the US, leaders in Brussels have offered a strong critique of the deal. While Beijing and Washington are heralding the pact...