Latest in Tariff Hikes
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Yellen slams tariffs as Trump makes case
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Yellen takes shot at tariffs as Trump digs in Treasury Secretary Janet Yellen ...Politics - The Hill - October 17 -
Trump doubles down on tariff plan that voters hate
Republican candidate Donald Trump backs a plan to impose a 20% tariff on all goods from all countries and a specifically high 60% rate on Chinese imports.Business - CNBC - October 21 -
What to know about Trump’s tariff plans
Former President Trump is going all in on the idea of tariffs as a way of lifting the U.S. economy, bucking criticism from think tanks, labor and big business alike. Trump's plans include a general ...Politics - The Hill - October 25 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
Businesses brace for Trump tariffs on Chinese goods
Businesses are preparing for the spate of new tariffs on Chinese goods promised by former President Trump on the campaign trail, making advanced purchases of imported goods and buying up extra ...Politics - The Hill - October 30 -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - October 30 -
No, tariffs did not make American industry great
New research suggests that America’s manufacturing rise came despite high tariffs, not because of them.Business - MarketWatch - November 5 -
Trump’s tariff obsession is worse than before
Trying to close current account deficits with trade tools could cause serious damageWorld - Financial Times - November 7 -
Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.Business - The New York Times - November 7 -
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Trump tariffs could cost UK £22bn of exports
The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.Top stories - BBC News - November 8 -
Dollar hits six-month high as Trump tariff talk fuels inflation fears
US Treasury yields rise as traders scale back expectations for interest rate cutsBusiness - Financial Times - 3 days ago -
Mexico Signals It Could Hit Back With Tariffs at U.S.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.Business - The New York Times - 3 days ago -
Business Owners Brace Themselves for Trump’s Tariffs
It’s all but certain that tariffs will soar with Donald Trump’s return to office. Many companies are struggling with the calculus that uniform tariffs of up to 20 percent may bring.Business - Inc. - 3 days ago -
Fashion World Fears High Tariffs in Trump Administration
President-elect Donald J. Trump has threatened a tax of at least 60 percent on goods from China — a move with the potential to decimate small American brands.Business - The New York Times - 2 days ago -
Catapult Sees No Tariff Impact Following Manufacturing Move
The company recently completed the relocation of its manufacturing operations from China to Thailand.Business - The Wall Street Journal - Yesterday -
Why Trump’s tariffs won’t necessarily sink shipping
The US is a sizeable, rather than giant, tassel in the global trade tapestryWorld - Financial Times - 7 hours ago -
Trump’s authority to impose sweeping tariffs to be put to the test
President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from ...Politics - NBC News - 2 hours ago -
Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation
Three senators are asking McDonald’s about its menu price hikes in recent years, arguing the increases are higher than they should be — even with inflation.Top stories - NBC News - October 22 -
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending
Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spendingWorld - ABC News - October 25 -
Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say
Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.Business - CNBC - October 28 -
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.Business - CNBC - October 29 -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30 -
We're hiking our GEHC price target, looking beyond a mixed quarter to next year's catalysts
While revenue slightly missed, an earnings beat along with a number of other positives pushed the stock higher.Business - CNBC - October 30
