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Businesses are already passing the cost of tariffs onto consumers, Federal Reserve survey finds
Businesses are already passing the cost of tariffs onto consumers, Federal Reserve survey finds - Prices are expected to rise even more by late summer, the Federal Reserve said
Trump Sets Canada’s Tariff Rate at 35%, May Hit Remaining Countries With 15%-20%
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Alcoa Says Trump Tariff Added $115 Million in Aluminum Costs
Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry.
Donald Trump reaps $50bn tariff haul as world ‘chickens out’
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
Trump says India trade agreement is close, hints at 10-15% tariff on smaller countries
President Trump stated the U.S. is nearing a trade agreement with India and potentially the EU, while a deal with Canada remains uncertain. These negotiations occur before an August 1 deadline that could see increased duties on U.
Canada’s Leader Says There’s Little Hope of Avoiding U.S. Tariffs
After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.
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Trump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark Carney
Canadian Prime Minister Mark Carney reportedly said on Tuesday that it may not be possible for Canada to avoid U.S. tariffs. “There is not a lot of evidence right, with regards to negotiations, of any country or jurisdiction,
Trump's latest tariff salvo fuels economic uncertainty, experts say
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
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