Tariff

President Donald Trump notified Japan of 25% tariff rates on Monday, effectively extending negotiations until August 1 as Japan’s July 20 upper house election constrains deal-making. Trump’s 90-day pause on “reciprocal” tariffs expires Wednesday. Treasury Secretary Scott...

U.S. stock futures declined on Monday after scaling fresh records in the previous truncated week. Futures of major benchmark indices were trading lower. President Donald Trump said that he would be sending out letters to America's trading partners, announcing that tariffs would be back to April 2...

President Donald Trump announced on Sunday that he will impose an additional 10% tariff on any country that aligns with BRICS’ anti-American policies, escalating trade tensions as his July 9 deadline approaches for comprehensive tariff restructuring. What Happened: Trump posted on Truth...

India has reportedly notified the World Trade Organization (WTO) of its intention to impose retaliatory tariffs against the United States, following Washington’s decision to enforce a 25% import duty on foreign-made automobiles and auto components. According to the notification, the Indian...

President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States.  What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...

President Donald Trump has announced that his administration will begin informing trading partners about new tariffs on their exports starting this Friday. What Happened: These tariffs are scheduled to take effect on August 1. Trump mentioned that approximately “10 or 12” letters will...

President Donald Trump escalated trade tensions with Japan on Tuesday, threatening to impose tariffs of “30% or 35%” if no agreement is reached before the July 9 deadline. What Happened: The threat represents a significant increase from Japan’s current 10% tariff rate on most...

U.S. futures slipped on Tuesday after two days of record-setting advances. Futures of major benchmark indices were trading lower. Nasdaq and S&P 500 scaled new highs on Monday. The Donald Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it...

Goldman Sachs Group Inc. expects the Federal Reserve to deliver three quarter-point interest rate cuts this year, revising its outlook upward amid muted tariff effects and labor market weakness, the Wall Street brokerage said on Monday. What Happened: The investment bank now projects three...

Fundstrat Global Advisors Head of Research Tom Lee highlighted Amazon Inc. (NASDAQ:AMZN) as a critical early indicator for U.S. inflation trends, calling the retail giant’s stable pricing amid tariff pressures a “meaningful” signal for market conditions. What Happened: Lee posted...

U.S. futures rose on Monday after a record close on Friday. Futures of major benchmark indices were trading higher. As the July 9 deadline for President Donald Trump‘s reciprocal tariffs comes closer, on Friday, he suggested that the deadline for a U.S.-EU trade deal might not be set in stone...

The landmark trade agreement between President Donald Trump and British Prime Minister Keir Starmer officially took effect Monday, delivering immediate tariff relief for the United Kingdom’s automotive and aerospace exports to the United States. What Happened: The deal reduces U.S. tariffs on...

U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher. The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. U.S. Commerce Secretary Howard Lutnick confirmed the deal with China...

President Donald Trump‘s tariffs on Chinese imports have increased Nike Inc.‘s (NYSE:NKE) costs by $1 billion. As part of their mitigation strategy, the athletic giant plans to start implementing price hikes in the fall of 2025. Check out the current price of NKE stock here. What...

Japan's chief trade negotiator, Ryosei Akazawa, said that the country cannot accept U.S. President Donald Trump's 25% auto tariffs as trade talks continue with the seventh round set to take place in Washington. What Happened: "We have repeatedly explained to the U.S. that Japan's automobile...