Trump, rebate and Tariff
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Trump, Brazil and tariffs
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President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.
US President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal he may decide to just leave existing import taxes in place.
"It's quiet ... a little too quiet," writes Mark Haefele, chief invesmtent officer of UBS Global Wealth Management.
With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.
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U.S. President Donald Trump said Friday he is weighing sending rebate checks to Americans funded by higher tariff revenue, according to a media report. “We’re thinking about that actually — we have so much money coming in,
Chemical products companies in Brazil, which exported $2.4 billion to the U.S. last year, face a slew of contract cancellations as President Donald Trump has threatened a new 50% tariff on the South American nation's exports from August 1.
PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs haven't affected charter business.
Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to do the same.