U.S. Tariff Hikes Spark Fears of Trade Slowdown
On August 7, the U.S. enacted sweeping tariffs, pushing average import duties to 17% and igniting fears of higher consumer costs, a global slowdown, and strained ties with key partners.
USTariffs
Reciprocity or Threat? Unpacking New U.S. Tariffs
As the U.S. rolls out 10–41% tariffs on dozens of partners, experts question if this is true reciprocity or a power-driven stand-off.
Trump’s Tariffs on 90+ Countries Kick In with 10–50% Duties
President Trump’s new 10–50% reciprocal tariffs on 90+ countries kicked in at midnight, signaling a major shift in U.S. trade policy with global pricing implications.
Brazil Files WTO Case Over U.S. 50% Tariffs
Brazil files a WTO request challenging U.S.’s 50% tariffs on its goods, calling for consultations to resolve the trade dispute.
Schumer: US Tariffs Are a Trade War, Cost Families $2,400
Senate Minority Leader Chuck Schumer warns US tariffs are a trade war on Americans, adding $2,400 per family in annual costs and dragging down business investment.
US Tariffs Backfire on GM and Stellantis with Billions in Losses
Major US automakers GM and Stellantis report billions in tariff-related losses as Citibank warns of further margin squeezes.
U.S. Tariffs Hit 18.3%—Highest Since 1934, Yale Study Warns
Yale Budget Lab finds U.S. tariffs at 18.3%, highest since 1934, cutting GDP growth and hiking consumer costs by $2,400.
Trump Announces New Tariffs, Shaking Up Global Trade
President Trump’s executive order introduces 10-41% tariffs on major U.S. partners starting August 7, reshaping global trade. Deals with the Chinese mainland and Mexico are pending.
Brazil, India Stand Firm Against U.S. Tariff Threat
Brazil and India push back against looming U.S. tariffs, vowing to defend their economies and explore new markets in response to Washington’s pressure.
Eurozone Growth Falters at 0.1% as U.S. Tariffs Bite
Eurozone Q2 growth slowed to 0.1% as U.S. tariffs sting, with Germany and Italy contracting while Spain shows resilience amid trade tensions.