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Category tariffs

Mexico-US trade agreement faces growing uncertainties amid Trump's tariff threats

Mexico-US trade agreement faces growing uncertainties amid Trump's tariff threats

Claudia Sheinbaum has cautioned that Mexico will take strong action if US talks fail by the August deadline.
Trump tariffs spark surge in bonded warehouse use by importers

Trump tariffs spark surge in bonded warehouse use by importers

U.S. companies are increasingly turning to federally regulated bonded warehouses to dodge the expense of importing goods under escalating levies im...
China braces for sluggish Q2 under weight of U.S. trade tensions

China braces for sluggish Q2 under weight of U.S. trade tensions

China’s economy slowed in the second quarter after a strong start to the year, hit by ongoing trade disputes and a prolonged property slump. This s...
Bank of America Unveils S&P 500 Targets As Wealth Advisory Firm Says Investors Pricing In Goldilocks Scenario for Stock Market: Report

Bank of America Unveils S&P 500 Targets As Wealth Advisory Firm Says Investors Pricing In Goldilocks Scenario for Stock Market: Report

Bank of America (BofA) believes corporate America will send the S&P 500 soaring to new all-time high levels. Despite President Trump’s trade war, B...
US inflation rises for first time in 5 months as tariff costs ripple through economy

US inflation rises for first time in 5 months as tariff costs ripple through economy

US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs.