Apple, Trump and tariffs
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The tariff announcements placed a particularly high penalty on companies that manufactured in China, causing a scramble to figure out a way to make operational changes very quickly or risk losing billions.
U.S.-China trade talks in Geneva resulted in a temporary slash of tariff rates, but the ripple effect of this tit-for-tat escalation won’t disappear anytime soon.
High-end medical devices, including those made in the United States, may be especially vulnerable to tariffs because they’re built with parts from around the world.
Trump increases tariffs on all Chinese imports by 10 percent. China retaliates with 10 to 15 percent tariffs on U.S. coal and liquefied natural gas products, as well as agricultural equipment. Trump also announces a 25-percent tariff on all steel and aluminum products coming into the U.S., which comes into effect in mid-March.
2don MSN
President Donald Trump on Friday threatened a 50% tax on all imports from the European Union as well a 25% tariff on smartphones unless those products are made in America. The threats, delivered over social media,
WASHINGTON – The Trump administration and China have agreed to slash tariffs for the next 90 days in a push to deescalate a trade war between the world's two largest economies while the two ...
Since President Trump announced a pause on the steepest tariffs on goods from China, importers have made plans to bring in more containers, including holiday season goods. But the level of new order activity is mixed,
Jamie Dimon said during a global summit that “there’s a chance” the president’s policies could cause stagflation.