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Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes dropped a sharp 0.4%. Both figures were distorted by one-time changes: ...
President Donald Trump said he's suspending trade talks with Canada over its plans to continue with its tax on technology ...
Trump wrote on Truth Social: "We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, ...
Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year.
President Trump said that Canada had just informed the US that it was sticking to its plan to impose the tax set to take ...
The digital services tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from ...
U.S. President Donald Trump announced Friday he is terminating all trade discussions with Canada in response to the country’s new digital services tax on American technology companies.
President Trump says he's "terminating all discussions on trade with Canada, effective immediately," after Canada announced a ...
US President Donald Trump may shift the July tariff deadline, allowing flexibility in trade talks. Officials signal deals ...
Treasury Secretary Scott Bessent said trade talks could yield multiple deals by Sept. 1, citing a new U.S.-China agreement on ...