Trump announces Japan tariff deal
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China, Scott Bessent and Tariff
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Stocks, tariff news
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Today’s Forbes Daily covers a new trade deal with Japan, Coca-Cola's sweet change, what happened to Epstein's properties, AI therapy bot, early House shutdown and more.
U.S. President Donald Trump has created a lot of leverage on trade with his letters on tariff rates, U.S. Treasury Secretary Scott Bessent told Bloomberg Television in an interview on Wednesday.
1hon MSN
Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.
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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.
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Texas Instruments Inc., a key chipmaker for producers of cars and factory equipment, tumbled in early trading Wednesday after stoking fears that a tariff-fueled surge in demand will be short-lived.Though the company issued a third-quarter forecast that beat most estimates,
Texas Instruments shares slumped nearly 12% in premarket trading on Wednesday, after its quarterly profit forecast indicated a hit to demand for its analog chips that stoked investor fears of tariff-related disruptions.