EU Urges Respect as Trump Demands 50% Tariffs on EU Goods
President Trump’s push for a 50% tariff on EU imports draws a stern EU call for respect as transatlantic tensions rise.
tariffs
U.S. Officials Sold Stocks Ahead of Trump’s Tariff Plan
Over a dozen senior U.S. officials and aides sold significant stock holdings just before President Trump’s tariff announcement, prompting scrutiny over potential insider trading.
Trump Proposes 50% EU Import Tariff from June 1, 2025
Trump proposes a 50% tariff on EU imports starting June 1, 2025, as talks with Brussels stall, potentially reshaping global trade dynamics.
Tariff Tensions Hit U.S. Retail Giants: Target, Walmart Feel the Pinch
Rising tariffs are squeezing major U.S. retailers. Target cuts its sales forecast, and Walmart warns of profit pressure and job cuts amid escalating trade costs.
French Furniture Maker Fermob Eyes Growth in the Chinese Mainland Amid US Tariff Hike
Fermob’s iconic chairs now cost $175 in the U.S. after EU tariff hikes. To protect margins, the French firm is tapping markets in Australia, Asia and the Chinese mainland.
12 States Challenge Trump’s ‘Blank Check’ Tariffs in Court
Twelve U.S. states argue Trump’s national emergency tariffs exceed his powers under IEEPA in a landmark lawsuit before the Court of International Trade.
U.S. Bicycle Dealers Feel Tariff Pinch on Profits
A new Allianz survey finds U.S. bicycle dealers among the companies forced to raise prices as Trump-era tariffs tighten profit margins.
Tariffs Slow Growth, But Renewables Show Resilience, Says IRENA
IRENA warns that higher tariffs drag down growth but renewables remain more resilient, keeping the energy transition on course.
Protectionism Will Ultimately Backfire, Experts Warn
Protectionism will ultimately backfire: US’s aggressive tariffs violate multilateral trade rules and deliver a systemic blow to global supply chains, experts warn.
Trump Urges Walmart to ‘Eat the Tariffs’ as Retail Prices Loom
President Trump calls on Walmart to absorb new tariffs and shield consumers from price hikes, as trade tensions threaten global retail costs.