tariffs - My Global News: Voices of a New Era

U.S. Officials Sold Stocks Ahead of Trump’s Tariff Plan

My NewsMay 24, 202502 mins

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

My NewsMay 23, 202502 mins

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

My NewsMay 22, 202502 mins

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

My NewsMay 22, 202503 mins

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

My NewsMay 22, 202505 mins

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

My NewsMay 22, 202502 mins

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

My NewsMay 21, 202502 mins

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

My NewsMay 21, 202502 mins

Protectionism will ultimately backfire: US’s aggressive tariffs violate multilateral trade rules and deliver a systemic blow to global supply chains, experts warn.