Trump’s 50% Tariffs on Indian Exports Take Effect
US slaps 50% tariffs on Indian exports over Russian oil ties. Major sectors face steep duties while pharma and tech are exempted. Modi vows self-reliance as firms brace for impact.
tariffs
25 Countries Freeze Mail to US Over Tax Uncertainty
25 countries have halted mail shipments to the US as new customs rules end the de minimis duty-free exemption, sending ripples through SMEs, e-commerce platforms, and consumer prices.
Tariff Shock: Luxury Goods Prices Surge After US-EU Trade Deal
A new US-EU trade deal slaps a 15% tariff on EU imports, driving up luxury goods prices and cooling demand. Here’s how brands and shoppers are adapting.
Tariffs Push U.S. Back-to-School Costs Up 7%
Tariffs on imports from the Chinese mainland have pushed U.S. back-to-school costs up 7.3%, driving families to shop early and stretch budgets.
EU Exports to U.S. Plunge Over 10% in June Amid Rising Tariffs
EU exports to the U.S. fell over 10% in June as U.S. tariffs bite, narrowing the Eurozone trade surplus dramatically.
US Metals Tariff Hike Deepens Global Trade Risks
The U.S. Commerce Department’s 50% tariff expansion on steel and aluminum products deepens global supply chain risks across industries.
Tariffs Drive U.S. Core Inflation Higher, Economist Warns
AEI economist Michael Strain says U.S. tariffs are worsening core inflation, with goods prices set to rise further in coming months.
Tariff War: Americans Bear the Brunt, Expert Warns
Professor Scott Lucas warns that in President Trump’s tariff war, Americans—importers, manufacturers, consumers and farmers—end up paying the price.
Yale Lab: US Tariffs Persistently Shrink the Economy
Yale Budget Lab’s Natasha Sarin says US tariffs divert resources to low-productivity sectors, raising prices and shrinking the economy for the long haul.
Sen. Cantwell: Trump’s Tariffs Are an Unconstitutional Tax on Americans
Sen. Maria Cantwell says Trump’s tariffs amount to an unconstitutional tax on Americans, with revenue coming straight from consumers.