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Trump Says Drug Tariffs Probable by Aug. 1, Downplays More Deals
President Donald Trump said that he was likely to impose tariffs on pharmaceuticals as soon as the end of the month and that levies on semiconductors could come soon as well, suggesting that those import taxes could hit alongside broad “reciprocal” rates set for implementation on Aug.
Trump’s Latest Tariff Threat Puts Pharmaceuticals in Focus
President Donald Trump is keeping up the pace with seemingly a new tariff development every day. This time, he flagged that levies are coming on pharmaceuticals as soon as the end of the month and semiconductors could be next.
Trump tariffs send chill through Greek peach harvest
July is harvest time in Greece's northern peach orchards, where pickers mount wooden ladders and carefully place the fruit in crates ready for factories that peel, slice and can them, often for consumers in the United States.
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Trump reaps $50bn tariff haul as world ‘chickens out’
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
Trump to put tariffs of over 10% on smaller nations, including those in Africa and the Caribbean
President Donald Trump says he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.
Trump's tariffs put 100,000 jobs at risk in South Africa, central bank chief says
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.
Inflation surged in June amid tariffs as Trump declared 'inflation is dead'
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.
Trump wields tariffs to sway Putin on Ukraine. Here's how they might work, or not
Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year campaign to crush Ukraine. Now President Donald Trump is betting that his go-to economic weapon — tariffs — can succeed where Ukrainian drones and rockets haven't,
Lula's approval rating rises in Brazil after Trump threatens tariffs, poll shows
Approval for Brazilian President Luiz Inacio Lula da Silva's government rose for the first time this year, a new poll showed on Wednesday, after his U.S. counterpart Donald Trump announced a 50% tariff on imports from Brazil starting in August.
Chipmaking supplier ASML says Trump tariff impact ‘less negative’ than expected
Chipmaking equipment supplier ASML said the impact of US tariffs was “a bit less negative than we anticipated”, as artificial intelligence drove strong orders for its lithography machines.
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