Tag: tariff

U.S. businesses that paid tariffs that the Supreme Court ruled were illegal can start applying for refunds Monday.Why it matters: The Trump administration's launch of an online portal for tariff refund applications marks the first phase of its efforts to comply with court orders to reimburse billions of dollars in paid tariffs and interest to

Auto parts exports to Mexico stood at $834 million in FY25 | Photo Credit: JOTHI RAMALINGAM B After US tariffs on import of Indian auto components and cars, Mexico on Thursday imposed 50 per cent import tariff on these goods, sparking concerns for India’s automobile sector. In financial year 2025, India’s automotive sector (vehicles plus

New Tariff Policies Pose Threat to US Economy: Deloitte's Economic Insider April 2025 Report - Image Credit Unsplash    Implementing new tariffs by the US government is expected to cause inflation and slow economic growth, with the uncertainty of the final tariff framework further aggravating consumer and business sentiments. The United States' recent announcement of increased

The Trump administration is expected to soon announce the most aggressive pivot in U.S. trade policy in decades. For a change so big, businesses know surprisingly little about what's coming in mere days.Why it matters: The fallout might be a scramble to adjust to the new trade normal that could jolt the global economy.Trump has

KUALA LUMPUR, April 3 — Countries in the export-driven region of South-east Asia have been hit with particularly high ta...

Watch CBS News What we know about Trump's tariff pause President Trump has announced a 90-day pause on reciprocal tariffs for most U.S. trade partners while increasing tariffs on China to 125%. Stocks surged with the news. CBS News' Ed O'Keefe, Kelly O'Grady, Javier David, Aaron Navarro and Taurean Small report and Barron's markets reporter

Business · Marketplace CBC's Marketplace rounds up the consumer and health news you need from the week. Consumer and health news you need from the week Dexter McMillan · CBC News · Posted: Feb 23, 2025 8:00 AM EST | Last Updated: February 23 B.C. cities would be among the least vulnerable if U.S. President

Published Feb 12, 2025  •  5 minute read Trump tariff threats target Canadian steel, aluminum: Workers are shown at the construction site of a new manufacturing facility on County Road 42 east of the Windsor Airport on Tuesday, Feb. 11, 2025. Photo by Dan Janisse /Windsor Star The steel and aluminum tariffs announced Monday by