Tariffs

Global goods trade demand remains 'very, very strong,' which helps fuel global commerce amidst supply shocks. The world economy is expected to absorb various shocks—stemming from extreme weather, wars, and tariffs—due to the artificial intelligence boom and energy transition.

J Crew is attempting to recapture its sense of style, moving from classic to static. Meanwhile, Anchorage Capital's turnaround plan is facing significant hurdles stemming from high debt, management turmoil, and Trump tariffs.

Despite a landmark Supreme Court decision overturning President Donald Trump's emergency tariffs, few New York City small businesses have benefited from tariff refunds while they struggle under new import levies. The Manhattan Chamber of Commerce reported that tariffs are among top factors squeezing bottom lines, with small businesses absorbing an estimated $4.5 billion annually in tariff costs. Furthermore, many business owners find the refund filing process daunting and are fearful of government retribution.

After the Supreme Court blocked major policies, Trump has refused to back down from his actions. The president is seeking methods around rulings related to tariffs, birthright citizenship, and the Fed. Experts noted that these moves push the court’s limits but do not signal outright defiance.

US officials are utilizing a patchwork of obscure laws to initiate a series of new probes. These investigations regarding tariffs could potentially result in fresh duties.

Shein attracted consumers by offering low prices, but its business model faces an existential threat. New tariffs and changing regulations have forced the company to raise prices, causing shoppers to flee. This necessitates a new strategic focus on services for the brand.

Chinese solar stocks experienced significant volatility this week, described as being whipsawed. This instability was caused by a combination of internal domestic efforts aimed at ending below-cost sales and new tariff threats originating from the US.

U.S. services growth reached a nine-month high in July, with input costs hitting a 14-month high. S&P Global's final July reading was 54.6, driven by rising tariffs and energy costs pushing prices higher.

Chinese and Western firms are increasing collaboration despite geopolitical tensions and government measures like tariffs and sanctions. Corporate deal-making is thriving as multinational executives prioritize business interests over political conflicts.

Virginia Gov. Abigail Spanberger expressed confidence in flipping four Republican-held U.S. House seats in November and shared concerns about potential election interference from President Donald Trump. She highlighted issues like Trump's tariffs, the war with Iran, and the 'Big Beautiful Bill' as factors influencing voter sentiment in key districts.

A national survey by Marquette University Law School found inflation and cost of living are the top concerns for Americans, with declining public approval of President Donald Trump's economic handling and tariffs. The U.S. war in Iran and rising gas prices contributed to economic pessimism, while a coalition of 25 Democratic-led states sued the Trump administration over tariffs. Over 70% of respondents reported higher grocery costs, and 69% expect inflation to rise next year.

Tariffs have caused back-to-school product prices to rise by approximately 8% compared to last year, according to research by The Century Foundation and Groundwork Collaborative. The study highlights increased costs for typical school items due to overseas manufacturing and trade policies.

The Trump administration refunds $100 billion in tariffs, with US customs officials repaying 60% of levies invalidated by the Supreme Court.

US-China trade tensions escalate ahead of the Trump-Xi summit as the US imposes new tariffs and restrictions on Chinese goods and companies, while China tightens rare earth product exports. A senior Chinese official and a former US trade negotiator indicate uncertainty in US strategy, with maintaining the trade truce as a key objective.

Todd Blanche rescinded a $1.8 billion fund for Trump's allies but maintained audit immunity for Trump and his organization. Trump criticized a dropped charge against a former Olympian, discussed Iran negotiations, and planned a California visit to highlight economic contrasts with Democrats. Twenty-five states sued over new tariffs, claiming they replace invalidated import taxes.

Todd Blanche rescinded a $1.8 billion fund for political allies of President Donald Trump but maintained a tax audit immunity plan for Trump, his sons, and the Trump Organization. Trump criticized U.S. Attorney Jeanine Pirro for dropping charges against a former Olympian and discussed Iran negotiations. Trump's California visit aimed to contrast with Governor Gavin Newsom's policies, including a higher minimum wage, while 25 states sued over new tariffs.

Todd Blanche is moving toward becoming attorney general after GOP senators dropped opposition to his nomination, despite criticism over a deal to halt Trump's slush fund. The Senate passed a continuing resolution to avoid a government shutdown, and 25 states sued the Trump administration over new tariffs.

Democratic candidates like Sean McCann are avoiding internal party conflicts to focus on economic issues linked to President Donald Trump's policies, emphasizing tariffs and rising costs. They aim to capitalize on declining economic approval ratings and high unemployment in key districts like Southwest Michigan.

US states are suing to block Trump's tariffs, which were imposed due to claims that 60 US trading partners failed to address forced labor. The tariffs impact dozens of countries.

25 US states filed a lawsuit against the Trump administration, alleging the president overstepped legal authority by imposing wide-ranging tariffs on multiple trading partners under the pretense of addressing forced labour. The states seek a court order to block the tariffs and mandate refunds for importers.

25 states are challenging the Trump administration's justification for new tariffs, arguing they address imports from alleged forced labor. The White House maintains the tariffs are legal.

25 states are suing the Trump administration over new tariffs. California's attorney general argues the tariffs are harming consumers and businesses.

25 states, including Illinois, filed a lawsuit over President Donald Trump's new tariffs, arguing they are a pretext to replace existing ones. The states claim the tariffs are being used to circumvent prior measures.

25 states, including Illinois, filed a lawsuit challenging President Donald Trump's new tariffs, alleging they are a pretext to replace previous ones.

25 US states sued the Trump administration over new 10% to 12.5% tariffs on goods from 60 trading partners, arguing the tariffs are unlawful and a pretext for replacing import taxes struck down by the Supreme Court in February. The states seek to halt the tariffs, declare them unlawful, and order refunds of collected duties.

A coalition of 25 US states sued the Trump administration over new 10% to 12.5% tariffs on goods from 60 trading partners, calling them unlawful. The states are seeking to halt the tariffs, have them declared unlawful, and obtain refunds for paid duties.

25 states have filed a lawsuit against Trump’s latest tariffs, claiming they are a pretext for replacing levies that the Supreme Court previously struck down.

The Dominion offshore wind project's cost has increased by nearly $300 million due to revised network upgrade costs from PJM Interconnection, tariffs under the Trump administration, and updated turbine installation projections.

UK manufacturers increased production for the fourth consecutive month in July, with the fastest growth in nearly two years, according to the S&P Global survey. Despite this optimism, concerns persist over potential economic impacts from a prolonged US-Iran conflict affecting oil and gas supplies.

Donald Trump is altering tariffs arbitrarily, violating international agreements and federal law, with a new pretext of combating forced labor. The article argues this move is a ruse to gain trade advantages for the US, as the targeted countries align with those previously selected for trade deficit-based tariffs.

Trump is determined to pursue his trade war by imposing tariffs on exports to the United States, using legal tools like the Smoot-Hawley statute. The Supreme Court recently invalidated previous tariffs based on the International Economic Emergency Powers Act, prompting Trump to seek new justifications.

Donald Trump announced new tariffs citing reasons like 'forced labor' and 'excess capacity,' but small and medium-sized US businesses are reacting with minimal concern. The tariffs are described as disruptive but less impactful than previous rounds.

Donald Trump announced new tariffs citing reasons like 'forced labor' and 'excess capacity'. Small and medium-sized US businesses are reacting with minimal concern, describing the situation as a 'snoozefest'.

Jason Furman discusses how tariffs, geopolitics, and Federal Reserve credibility are influencing the ongoing inflation fight, noting that significant challenges may still be ahead. The analysis is sourced from Bloomberg.

President Donald Trump's 50% tariff on Canadian imports could significantly impact Missouri, which exported $5.8 billion in goods to Canada in 2025. The state's economy relies heavily on manufacturing and agricultural exports to Canada, with small and medium-sized businesses comprising 84% of Missouri's exporters. Tariffs may raise costs, disrupt trade, and threaten 74,000 jobs tied to Missouri's $18.7 billion in total exports.

Amazon received $600M in refunds from President Trump’s tariffs following a Supreme Court ruling that deemed many of the tariffs illegal. The company pledged to return some of the refunds to customers.

Pennsylvania lawmakers were urged to protect SNAP benefits and support the state's farming industry amid rising grocery costs and federal policy uncertainty. Food bank leaders, a union representative, and state officials highlighted the strain on families and businesses due to inflation and the Trump administration's policies, including tariffs and immigration guidance.

Amazon received $600 million in tariff refunds during Q2, with CFO Brian Olsavsky stating the company will issue automatic reimbursements to consumers under specific circumstances. A class-action lawsuit accused Amazon of favoring President Donald Trump by not seeking refunds to offset tariff-inflated prices.

The US economy grew more slowly than expected in the second quarter due to AI-related imports, particularly semiconductors, despite strong consumer spending and business investment. Recent polls indicate 65% of Americans believe President Donald Trump’s policies have worsened economic conditions ahead of the midterm elections.

Trump suggested adding tariffs on Iran to a sanctions bill targeting Russia and those supporting its war against Ukraine. The bill aims to impose economic sanctions on Russia and its war supporters.