Trump and EU say they've made a trade deal
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The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,
Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate balancing act as already weak consumer demand tests their ability to raise prices further.
U.S. trade deal averts a full-on trade war, but is still likely to crimp Europe's already-weak economic growth. The region's export powerhouses—drug-production hub Ireland and European autos capital Germany—are likely to get hit hardest,
Asian skin care has been a booming global business for a more than a decade, with consumers in Europe, North and South America, and increasingly the Middle East, snapping up creams, serums and balms from South Korea,
His latest book is ‘What Went Wrong With Capitalism’ At the beginning of the year, the world was in striking agreement on one point: if Donald Trump went ahead with tariffs, it would strengthen the dollar and trigger stagflation.
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Singapore Airlines on Monday flagged unpredictable demand for its cargo segment in the second quarter due to tariffs, while it posted a 58.8% fall in net profit during the three months to June.
Independent Can Co. has raised prices twice this year already after Trump imposed 25% duties on steel in March and then doubled them in June.
A new trade deal imposing 15% tariffs on EU imports to the U.S. currently excludes the wine and spirits industry. Spirits stocks reversed early gains Monday as uncertainty around their tariff exposure seeped in.