Tag: tariffs
U.S. Proposes New Tariffs on Nigeria, South Africa and Other African Nations
The United States has proposed additional tariffs on exports from Nigeria, South Africa and three other African countries as part of a broader trade action. The move follows a U.S. investigation that found these governments have not done enough to prevent imports made with forced labour from entering global supply chains...
Tariffs drove construction input prices up to start 2026
January’s cost increases amounted to a “blistering” annualized rate of 7.1% for nonresidential input prices, according to Associated Builders and Contractors. ...
Mexico to raise tariffs on China and other non-trade-partner countries from 2026
MEXICO CITY, Dec 11 — Mexican lawmakers yesterday backed a measure to raise tariffs on goods from China and o...
‘Working for tariffs’: A small Christmas supply firm in Utah is struggling with big bills
This holiday season, tariffs are threatening the survival of a small Christmas supply business outside of Salt Lake City. Jared and Dawnita Hendricks have owned Village Lighting for 23 years, selling and distributing a variety of Christmas products to big box stores and directly to consumers online. The company currently employs 15 people. But when
Tariffs Hits Hard At Toyota
Investors have been following trade (dis)agreements between the US and major trading partners for the past week. They were particularly concerned about the 50% tariffs that India would have to pay on exports to the US. The case of Toyota illustrates the significant impact of Trump’s tariffs on companies’ business operations. In the second quarter
Trump’s tariffs are a mess. But are tariffs always bad?
Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for about 90 countries. The story below was originally published on April 2. Since President Donald Trump announced a slate of new tariffs on about 90 countries last week, global financial markets have tumbled. False reports about a potential pause
Tariffs up, costs up, wages flat – Prof. Asuming says real recovery still far off
On June 20, 2025, 9:36 AM Tariffs are rising. Production costs are going up. But wages? They’ve barely moved. That’s the reality Ghanaian businesses and households are grappling with, according to economist Professor Patrick Asuming, who shared sobering insights in an interview. Prof. Asuming warned that while headline figures such as inflation and macroeconomic indicators
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