Topic
tariffs
60 stories related to this topic, newest first.
cnbc.combusiness4 hrs ago
U.S. Tariff Refunds of $49.1 Billion Exceed June Revenue of $23.6 Billion
The Treasury Department reported $49.1 billion in tariff refunds paid out in June compared with $23.6 billion collected in revenue. The figures reflect the second month of accelerated payouts after the Supreme Court struck down the tariffs in February.
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The Independentfinance2 days ago
South Africa Requests Tariff Exemption in U.S. Forced-Labor Trade Probe Covering Dozens of Countries
South Africa asked the United States to exempt it from proposed tariffs during a Section 301 investigation into enforcement of bans on imports made with forced labor. A delegation appeared before the Office of the U.S. Trade Representative this week and requested relief for key e…
wwd.compolitics2 days ago
Trump Declines to Extend USMCA Beyond 2036, Leaving Current Terms in Place
President Donald Trump has decided not to renew the United States-Mexico-Canada Agreement. The pact remains in force until 2036. Trade deficits with Mexico and Canada widened after the deal took effect in 2020.
abcnews.go.comfinance4 days ago
Survey finds nearly half of U.S. firms plan further price increases tied to import taxes
The Federal Reserve Bank of New York reported that 47 percent of service firms and 44 percent of manufacturers expect to raise prices due to tariffs. Some companies are delaying increases until contracts expire while others are spreading them over time.
whyevolutionistrue.compolitics5 days ago
Swiss Trade Official Sees Good Chance of 15% Tariff Deal With U.S.
Switzerland's top trade diplomat said there is a good chance the country will reach a lasting trade agreement with the U.S. at 15% tariff rates. The statement addresses ongoing negotiations between the two countries.
Yonhapbusiness6 days ago
South Korea Asks U.S. Trade Office to Revise Proposed 12.5 Percent Tariff
The South Korean Embassy in Washington submitted formal comments on July 7 urging the Office of the U.S. Trade Representative to drop or adjust a proposed tariff tied to forced-labor enforcement. The embassy said the measure lacks factual support and conflicts with existing bilat…
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The Independentfinance10 days ago
Tariffs Raise Fireworks Costs for Some Towns but Others Fund Larger July 4 Shows
Double-digit tariffs have raised costs for Independence Day displays across multiple states. Several communities canceled shows or tapped reserves while others secured extra private funding for larger events.
Semaforbusiness11 days ago
U.S. and China Move Toward Reducing Tariffs on Agricultural Products
Officials from both countries said Thursday they are advancing plans to cut duties on farm goods. The change could shift Chinese soybean purchases toward U.S. suppliers over Brazilian ones. Trade relations remain stable under an existing truce.
dutchnews.nlfinance11 days ago
Shipping rates rise as retailers book early orders ahead of possible U.S. tariffs
Retailers are accelerating imports to avoid potential new U.S. tariffs expected at the end of July. The surge has lifted global container rates to four-year highs, with some routes up 120 percent in six weeks.
algemeiner.comfinance11 days ago
European Union Expands Tariff-Free Access for Up to 80% of Armenia Exports
The European Union announced new trade measures allowing up to 80% of Armenia's exports to the bloc to enter without tariffs. The changes expand existing trade preferences for Armenian goods.
politics12 days ago
U.S. Declines to Extend USMCA Beyond 2036 Expiration
The United States will not extend the United States-Mexico-Canada Agreement past its scheduled 2036 end date. Officials cited persistent trade deficits and unmet goals as reasons for the decision.
Al Jazeerafinance12 days ago
Supreme Court Issues Rulings on Agency Removal, Tariffs, and Immigration
The court required statutory procedures for removing a Federal Reserve member and ruled that Congress holds authority over reciprocal tariffs. It also expanded presidential removal power over some agency heads and rejected a challenge to birthright citizenship.
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forbes.comfinance13 days ago
Nike reports fiscal fourth-quarter earnings above estimates
Nike posted revenue and adjusted earnings that exceeded analyst forecasts for the period ending in June 2026. The company recorded a one-time tariff refund and lower sales in its Greater China region.
espn.comworld13 days ago
EU halves duty-free steel import quota from July 2026
The European Commission will cut overall duty-free steel imports by half starting 1 July 2026. Thirteen countries holding free-trade agreements with the bloc receive a smaller reduction of one-third.
Al Jazeeraworld13 days ago
EU and China Agree on Trade Talks After Record Chinese Surplus and New EU Tariffs
European Union trade commissioner Maros Sefcovic hosted Chinese Commerce Minister Wang Wentao in Brussels on June 30 for talks. Sefcovic stated that rising Chinese exports and shrinking EU market share in China are unsustainable. The sides agreed to four workstreams for October n…
dailykos.comfinance14 days ago
Company Files Claims for Tariff Refund of About $88 Million
The company filed claims seeking a refund of approximately $88 million in tariffs. It will record $27 million in cost of goods sold and $61 million in positive non-recurring income in North America operating results for the second quarter of 2026.
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dailykos.comfinance14 days ago
U.S. companies receive tariff refunds ahead of June deadline
The federal government is distributing billions in tariff refunds to companies before the end of June. The payments follow a Supreme Court ruling that found the tariffs unlawful.
csmonitor.comworld14 days ago
U.S., Canada, Mexico begin July 1 trade review
The three countries must decide by July 1 whether to keep, change, or end the USMCA trade pact. President Trump has already placed tariffs on Canada and Mexico while the countries prepare to co-host the 2026 World Cup.
abcnews.go.compolitics15 days ago
USMCA trade deal review begins July 1
The agreement between the United States, Mexico and Canada reaches its first mandatory joint review on July 1. Officials have signaled differing positions on whether to extend the pact for another 16 years or shift to annual reviews.
rediff.comfinance17 days ago
Trump Says 100% Tariffs Will Apply to Any Country Imposing Digital Services Taxes on U.S. Firms
U.S. President Donald Trump warned Friday that any nation imposing a digital services tax on American companies will face 100% tariffs on its exports to the United States. The measure would override existing trade deals and targets European countries considering such taxes.
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The Independentpolitics15 days agoUpdated
Trump Announces 100% Tariffs on Imports from Countries with Digital Services Taxes on U.S. Firms
President Trump stated Friday that any country imposing a digital services tax on American companies will face immediate 100% tariffs on its exports to the United States. The measure would override existing trade deals and targets European nations considering such levies.
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asiaone.comfinance18 days ago
U.S. Secretary of State Describes Tariff as Semantics Issue
The U.S. Secretary of State stated that labels such as toll or fee for a tariff amount to semantics. The remarks addressed how different terms describe the same policy measure.
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ecns.cnpolitics23 days ago
EU Considers New Tariff Powers on Chinese Imports
China's goods trade surplus with the EU reached 360.6 billion euros in 2025. Several member states have called for faster tariff authority while the bloc weighs a supply-chain diversification law.
newser.comworld27 days ago
War-related supply disruptions raise motor oil prices
The price of base oil used in synthetic motor oil has more than tripled since the start of the war. U.S. refineries face ongoing constraints from Middle East supply routes and a damaged production facility.
Le Mondepolitics26 days agoUpdated
European Parliament approves U.S. tariff deal with 15% ceiling
The European Parliament voted 440-151 to approve a tariff agreement with the United States that caps industrial tariffs at 15 percent. The deal includes a sunset clause ending in 2029 and gives the European Commission suspension rights if commitments are not met.
Usa Todaypolitics28 days ago
Supreme Court Leaves 2018 China Tariffs in Place by Declining Review
The justices left the duties in place after businesses argued the administration exceeded authority under the 1974 Trade Act. The decision follows a February ruling that struck down separate emergency tariffs.
finance.yahoo.compolitics28 days ago
U.S. Trade Representative proposes tariffs on 60 economies over forced-labor imports
The U.S. Trade Representative opened a public comment period on proposed tariffs of up to 12.5 percent on imports from 60 economies, citing failure to block goods made with forced labor. The move follows a February Supreme Court ruling that ended an earlier tariff program under t…
Fortunetechnology31 days ago
Brazil Reports 61% Drop in Amazon Deforestation for May
Officials said Amazon clearing fell 61.4% year-over-year in May, reaching the lowest level recorded for the month. The announcement follows a U.S. proposal last week to impose 25% tariffs on Brazilian imports, citing deforestation among other issues.
washingtonpost.compolitics32 days ago
Appeals Court Keeps 10 Percent Tariffs in Place While Litigation Continues
The U.S. Court of Appeals for the Federal Circuit stayed a lower-court block on the tariffs Thursday, citing likely success on the merits and potential harm to trade policy.
Semaforpolitics33 days ago
Lawmakers Question Commerce on Tariff Policy for Non-Cooperating Firms
Reps. John Moolenaar and Ro Khanna asked Commerce Secretary Howard Lutnick whether the department has altered its approach to maximum tariffs on foreign companies that decline to participate in dumping and subsidy investigations.
finance33 days ago
UK to Finalise Limited Tariff Exemptions for Some Steel Imports While Doubling Duties and Cutting Quotas
The government is meeting steel trading groups this week to finalise exemptions from new 50% tariffs and quota cuts set to begin 1 July.
cnbc.comfinance33 days ago
Supreme Court Limits Presidential Tariff Power Under IEEPA, Opening Door to $166 Billion in Refunds
U.S. Customs and Border Protection has begun processing claims after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act. At least 90 publicly traded companies have disclosed plans to seek refunds totaling billions of dollars.
Substrate placeholder — needs reviewpolitics34 days ago
Judge Urges Trump Administration to Drop Appeal of $166 Billion Tariff Refund Order
A federal judge called on the Trump administration to withdraw its appeal of an order requiring full refunds of $166 billion in tariffs that the Supreme Court overturned.
ibtimes.co.ukpolitics34 days ago
China’s Exports to U.S. Surged 35% in May After Sharp Declines Following Trump Tariffs
Chinese customs data showed exports to the United States grew at the fastest pace since early 2021. Overall exports and imports also accelerated from April levels.
bbc.co.ukpolitics38 days ago
Trump Says Trade Deal With India Is Likely Despite New Tariff Proposal
President Trump stated that a trade agreement with India remains possible after U.S. officials proposed additional tariffs on Indian exports. The proposal targets concerns over forced labor and would add 12.5 percent to duties on goods shipped to the United States.
freepressjournal.infinance39 days ago
EU Says It Can Accept Up to 15% All-Inclusive Tariffs in US Trade Deal
EU Trade Commissioner Sefcovic said a 15% all-inclusive tariff is essential for the bloc to stay within Turnberry parameters in negotiations with the United States.
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Bloombergpolitics39 days ago
Trade Chief Says New Tariffs Can Be Added Without Breaking EU and Japan Deals
The administration's trade chief stated that additional tariffs can be imposed while keeping existing agreements with the EU and Japan intact. The remarks addressed concerns over compliance with prior trade pacts.
gamereactor.eufinance39 days ago
U.S. confirms South Korea tariff rate stays at level set in bilateral deal
Industry Minister Kim Jung-kwan said Thursday that U.S. officials reaffirmed South Korea will not face higher tariffs than agreed under last year's bilateral trade deal. The confirmation followed a USTR proposal to impose 10 or 12.5 percent tariffs on goods from 60 economies over…
cnbc.compolitics40 days ago
US Trade Judge Takes Unusual Step of Personally Defending His $166B Tariff Refund Order Against Trump Appeal
A US trade judge personally responded to the Trump administration's appeal of his order to refund $166 billion in tariffs after the Supreme Court declared them unlawful.
PBSpolitics40 days ago
U.S. Proposes 10-12.5% Tariffs on Imports From 60 Trading Partners After Supreme Court Struck Down Prior Levies
The Trump administration released a plan late Tuesday to impose new duties after an investigation into forced-labor goods. Sixteen economies would face 10% tariffs and 44 others would face 12.5% tariffs.
financialpost.compolitics26 days agoUpdated
U.S. Sets New Tariffs on Dozens of Countries Over Forced Labour
The U.S. Trade Department announced tariffs of 10-12.5 percent on imports from 60 trading partners after an investigation found most had failed to enforce bans on goods made with forced labour. The move follows a February Supreme Court ruling that struck down earlier tariffs.
upi.comtechnology40 days ago
U.S. Trade Representative proposes 10% or 12.5% tariffs on 60 trade partners
The office released an update stating that certain partners failed to address imports made with forced labor. Some economies would face a 10% tariff while others would face 12.5%. The plan includes exemptions for several food items and metals used in semiconductors.
upi.compolitics40 days ago
U.S. trade representative lists Australia among 54 economies facing 12.5% tariff over forced-labor import rules
The U.S. trade representative placed Australia on a list of 54 economies that failed to enforce a ban on goods made with forced labor. A 12.5% tariff has been proposed, with public comment open until 6 July.
nbcnews.compolitics40 days ago
U.S. Proposes Tariffs on Imports From 60 Countries, Lower for Those Banning Forced Labor
The Office of the U.S. Trade Representative outlined new duties tied to forced-labor rules. Rates differ by country based on existing import bans.
Substrate placeholder — needs reviewpolitics40 days ago
60 Countries Lack Forced-Labor Import Bans, U.S. Proposes 10% Tariffs
The Office of the U.S. Trade Representative released a report on June 2 proposing new tariffs tied to forced-labor enforcement. The plan covers countries that account for 99.4% of U.S. imports.
Substrate placeholder — needs reviewfinance40 days ago
U.S. Proposes Tariffs of at Least 10% on Imports from 60 Trading Partners
The United States is proposing new tariffs of at least 10 percent on imports from 60 trading partners. The measures follow an investigation into goods allegedly produced by forced labor.
nbcnews.compolitics40 days ago
U.S. Proposes Targeted Tariffs on 60 Trading Partners for Failing to Block Forced-Labor Imports
The Trump administration proposed new tariffs of 10% or 12.5% on dozens of trading partners accused of failing to block imports made with forced labor. The move uses Section 301 authority after earlier tariff systems were struck down by courts.
nbcnews.compolitics41 days ago
Trump Administration Appeals Judge’s Order to Refund $166 Billion in Tariffs Ruled Unlawful by Supreme Court
The administration appealed a judge’s order requiring customs authorities to refund importers who paid global tariffs the Supreme Court ruled unlawful earlier this year.
680news.comfinance41 days ago
Canada, US and Mexico Agree to 16-Year Extension of USMCA Trade Deal
Canada formally asked the United States and Mexico to extend the USMCA for another 16 years ahead of the July 1, 2026 review. Trade Minister Dominic LeBlanc sent the request on Tuesday while meeting U.S. Trade Representative Jamieson Greer in Washington.
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New York Postfinance41 days ago
Victoria’s Secret Reports Strong First-Quarter Results, Raises Full-Year Outlook
The company posted earnings of $0.60 per share and raised its full-year sales guidance by $120 million. Shares reached an all-time high after the results.
thehindu.compolitics41 days ago
U.S. Section 301 Probe Finds Brazil Engaged in Unfair Trade Practices and Inadequate Anti-Corruption Enforcement
The U.S. Trade Representative announced the tariffs late Monday after an investigation into Brazil’s trade practices. The plan excludes more than half of U.S. imports from Brazil.
The Hillpolitics41 days ago
Trump Cuts Some Steel and Aluminum Derivative Tariffs to 15% to Protect U.S. Manufacturers and Farmers
President Trump reduced tariffs on certain aluminum and steel derivative products from 25 percent to 15 percent on Monday. The changes affect agricultural equipment and HVAC systems and follow a recommendation from Commerce Secretary Howard Lutnick.
Bloombergfinance41 days ago
U.S. Proposes 25% Tariff on Brazilian Goods After Trade Investigation
Officials announced a proposed 25% tariff on Brazilian goods following an investigation that identified unfair trade practices. The measure targets imports from Brazil.
focustaiwan.twpolitics41 days ago
EU Trade Committee Votes to Remove Duties on Many U.S. Goods, Advancing Trade Deal Compliance
The committee approved lifting tariffs on numerous American products, aligning the EU with President Trump's July 4 compliance deadline for the trade agreement.
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thehindu.compolitics44 days ago
Court Rules Trump-Era Tariffs Illegal, Orders Refunds; Justice Department Appeals
The Justice Department filed to appeal a federal judge’s order requiring refunds for all importers rather than only those who sued. The move follows a Supreme Court decision striking down tariffs imposed by President Trump under the International Emergency Economic Powers Act.
abcnews.go.compolitics44 days ago
Trump Administration Plans Appeal of Tariff Refund Order
The administration said Friday it will appeal a federal judge's ruling that allowed all companies paying the tariffs to seek refunds. The Supreme Court had previously ruled the tariffs lacked constitutional authority.
thestreet.comfinance45 days ago
Costco Shares Near $1,005 After Fiscal Q3 Sales Rise 11.6%
Costco reported fiscal third-quarter net sales of $69.15 billion. The company said it will return federal tariff refunds to members who paid the duties.
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Bloombergfinance45 days ago
Canada Seeks 50 Percent Rise in Exports to China by 2030
Foreign Minister Anita Anand stated the export target during a visit by her Chinese counterpart to Ottawa. The announcement comes amid U.S. tariffs that have altered trade patterns.
finance.yahoo.comfinance46 days ago
Costco Reports Record Gas Sales in Fiscal Third Quarter
Costco recorded its highest-ever weekly gas volumes in the final five weeks of its fiscal third quarter. The retailer also reported net sales above Wall Street expectations and began filing tariff refund claims.
finance46 days ago
UBS Solar Basket Rises 40 Percent Year to Date Ahead of Tariff Decision
The UBS Solar basket has gained 40 percent year to date and 33 percent in May. A potential Section 232 tariff announcement is scheduled for mid-to-late June.