Trump Sets Tariff on Philippines
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China, Scott Bessent and Tariff
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General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings expectations on Tuesday, but reported a decline in second-quarter profits, including a $1.1 billion hit as a result of hefty import taxes.
April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
Japanese Prime Minister Shigeru Ishiba is planning to decide on his future after assessing progress in tariff negotiations with the United States, Yomiuri newspaper reported on Wednesday.
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General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President Donald Trump's auto tariffs.
New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to cut interest rates.
Hologic's strong diagnostic portfolio, recurring consumables revenue, and expanding assay menu support long-term growth in women's health. Learn more on HOLX stock here.
Trump’s 50% tariff threat on Brazilian imports has left Brazilian coffee producers uncertain of the future. With no guarantee their product will reach the US, small producers, roughly 30% of the state’s coffee output,
Stock sales by top officials clustered before Trump's major tariff announcements, according to a USA TODAY analysis of transaction forms.