US Consumers Shoulder Over Half of Trump’s New Tariff Costs
Goldman Sachs analysis finds US consumers will bear over half of the costs from Trump’s new lumber and furniture tariffs, pushing inflation higher and reshaping global trade dynamics.
TradePolicy
IMF Warns of Global Growth Uncertainty as AI Sparks Opportunity
IMF experts warn of uncertainty at Washington D.C. meetings, with trade risks balanced by AI-driven innovation offering steady growth opportunities.
US Drug Tariffs Ignite Global Price and Supply Chain Fears
US tariffs on pharmaceuticals risk higher drug prices, stalled R&D, and disrupted supply chains worldwide.
Trump’s 100% Tariff on Foreign Films Shakes Hollywood
President Trump’s 100% tariff on foreign films has Hollywood and viewers worried about higher costs, enforcement challenges and a shrinking global market.
China Slams Japan’s Move to Add Chinese Firms to Export Control List
China’s Ministry of Commerce criticized Japan for adding Chinese mainland firms to its export control list, calling the move unfounded and urging dialogue to ease trade tensions.
US Furniture Retailers Brace for Trump’s 30-50% Tariffs
The Home Furnishings Association warns that Trump’s new 30-50% tariffs on furniture could hike costs, dampen demand and force retailers to rethink sourcing before Oct. 1.
Trump Unveils 2025 Tariff Blitz on Drugs, Furniture and Trucks
Starting October 1, 2025, the U.S. will impose steep tariffs on pharmaceuticals, furniture, and heavy trucks to boost domestic manufacturing and protect national security.
China’s Bold Move: Waiving New WTO Special Treatment
China’s decision to relinquish new special and differential treatment at the WTO marks a pivotal shift with global trade implications.
China Will Forgo New WTO SDT to Spur Fairer Global Trade
Chinese Premier Li Qiang said China will no longer seek new SDT in WTO talks, marking a shift toward greater responsibility and fairness in global trade.
China Forgoes New WTO SDT, Energizing Global Trade Reform
China’s decision not to seek new special and differential treatment at the WTO marks a pivotal step toward a more balanced global trading system.