Tariffs

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

Trump tariffs live updates: Trump leaves G7 with UK trade deal in hand, stalled EU talks, and 'tough' Japan

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.
Yahoo Finance 6 hours ago
Japan manufacturers' confidence dips in June on tariffs, China woes: Reuters poll

Japan manufacturers' confidence dips in June on tariffs, China woes: Reuters poll

TOKYO (Reuters) -Japanese manufacturers grew less confident about business conditions in June and expressed caution about the outlook for the next three months, citing U.S. tariff uncertainties and weak Chinese demand, a Reuters Tankan poll showed. The monthly poll, which tracks the Bank of Japan's quarterly business sentiment index, recorded a manufacturers' index of plus 6 in June, down from plus 8 in May. Japan has been in intensive negotiations with the United States to fully remove tariffs on its goods, including a 25% duty on automobiles and auto parts, Japan's biggest industry.
Reuters 1 hour ago
Monopoly maker Hasbro cuts 3% of total workforce amid higher tariff costs

Monopoly maker Hasbro cuts 3% of total workforce amid higher tariff costs

(Reuters) -Toy seller Hasbro has cut 3% of its global workforce in its latest cost-cutting effort amid higher U.S. tariffs on toys from China. "We are aligning our structure with our long-term goals," Hasbro spokesperson Abby Hodes told Reuters. The toymaker has been speeding up efforts to diversify sourcing and reduce exposure to China.
Reuters 2 hours ago
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Supreme Court Asked to Hear Challenge to Trump’s Global Tariffs

Supreme Court Asked to Hear Challenge to Trump’s Global Tariffs

(Bloomberg) -- Two family-owned toy companies are asking the US Supreme Court to consider striking down many of President Donald Trump’s sweeping tariffs, putting a high-stakes fight with worldwide economic implications before the justices for the first time.Most Read from BloombergSecurity Concerns Hit Some of the World’s ‘Most Livable Cities’As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention SpaceHow E-Scooters Conquered (Most of) EuropeTaser-Maker Axon Triggers a NI
Bloomberg 5 hours ago
Tariff damage looms without new trade deal, says economist

Tariff damage looms without new trade deal, says economist

Tariffs helped snap 10 straight months of growth at the Port of Los Angeles, but a Yale economist says that the worst could be yet to come. The post Tariff damage looms without new trade deal, says economist appeared first on FreightWaves.
FreightWaves 5 hours ago
The Supreme Court now has a chance to have the final say on Trump's tariffs

The Supreme Court now has a chance to have the final say on Trump's tariffs

The Supreme Court is being asked to rule on the legal fight over President Trump's tariffs, giving the nation's highest court the chance to determine whether the president has the authority to enact some of his most aggressive trade policies.
Yahoo Finance 5 hours ago
A Lithium Startup Is Building a US Battery Plant That Will Skirt Trump’s Tariffs

A Lithium Startup Is Building a US Battery Plant That Will Skirt Trump’s Tariffs

(Bloomberg) -- US startup Pure Lithium Corp. is working on a testing facility to build a new type of lithium battery that’s completely manufactured domestically. Most Read from BloombergSecurity Concerns Hit Some of the World’s ‘Most Livable Cities’As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention SpaceHow E-Scooters Conquered (Most of) EuropeTaser-Maker Axon Triggers a NIMBY Backlash in its HometownJFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off RoadsThe c
Bloomberg 5 hours ago
Airbus seals VietJet deal as hopes rise at air show for tariff rollback

Airbus seals VietJet deal as hopes rise at air show for tariff rollback

PARIS (Reuters) -Airbus struck a deal with budget airline VietJet for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes for a return to tariff-free trade were given a boost by U.S. Transport Secretary Sean Duffy. Duffy said he wanted civil aviation to return to a 1979 zero-tariff trade agreement, in one of the clearest signs yet that the Trump administration might favour such a move. However, Duffy added that while the White House was aware that the U.S. is a net exporter in aerospace, it was also dealing with a complex tariff situation.
Reuters 7 hours ago
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The Pre-Tariff Buying Spree is Coming to an End

The Pre-Tariff Buying Spree is Coming to an End

U.S. retail sales fell in May as consumers pulled back on their spending ahead of feared price increases caused by tariffs.
Investopedia 9 hours ago
Retail sales slide in May on lower gas, auto sales amid tariff uncertainty

Retail sales slide in May on lower gas, auto sales amid tariff uncertainty

Investors were closely watching monthly retail sales to see how consumers are responding to increased tariffs.
Yahoo Finance 10 hours ago
Americans turn cautious and retail sales slide after a spring rush to beat tariffs

Americans turn cautious and retail sales slide after a spring rush to beat tariffs

Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in April. The sales drop is hitting after sharp declines in consumer confidence this year.
Associated Press Finance 11 hours ago