Tag: tariffs

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Early on Friday, foreign media news reports quoted Trump telling reporters aboard Air Force One: “Pharma (tariffs) is going to be starting to come in, I think, at a level that you haven’t really seen before.”   The end is not in sight for the pharmaceutical industry, with US President Donald Trump talking of unprecedented tariffs

Businesses around the world must wait further developments on the US tariff policy front, likely keying off the announcements of the results of the first trade negotiations between the US and India and the US and Japan in coming weeks. The Federal election and Australian businesses are effective bystanders in this process, though helpfully CreditorWatch

The Trump administration is set to ease the impact of tariffs on automakers, Commerce Secretary Howard Lutnick indicated on Monday night.Why it matters: Even Trump allies have expressed alarm at 25% tariffs already enacted on new foreign vehicles sold in the U.S. and plans to impose levies on imported auto part from Saturday.Driving the news:

Office worker in cubicle room getty In a retail landscape already beset by razor-thin margins and relentless competition, the reintroduction of tariffs in 2025 has added yet another layer of pressure. While consumers may not immediately feel the sting at checkout, behind the scenes, hiring strategies are shifting as retailers tighten budgets, reorganize teams, and

LightSource cofounders: CTO Idan Mintz and CEO Spencer Penn Courtesy: LightSource With President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. LightSource, a San Francisco startup whose software helps companies manage their procurement process, costs and vendor relationships, didn't know

By Emily Mae Czachor News Editor Emily Mae Czachor is a news editor at CBSNews.com. She typically covers breaking news, extreme weather and issues involving social and criminal justice. Emily Mae previously wrote for outlets like the Los Angeles Times, BuzzFeed and Newsweek. Read Full Bio Updated on: April 9, 2025 / 4:01 PM EDT

The U.S. Department of Commerce issued a preliminary anti-dumping rate of 20.07 per cent, up from 7.66 per cent set three years ago, which is in addition to countervailing duties...