Browsing: Tariffs

The German car manufacturer Volkswagen has said Donald Trump’s US import tariffs have cost it more than £1bn in the first half of the year.Volkswagen said…

General Motors announced on Tuesday that Donald Trump’s tariffs knocked $1.1bn off its operating income in its last quarter.The US automaker’s second-quarter core profit fell 32%…

The EU and the US are nearing a trade deal that would place 15% tariffs on most imports from the bloc, it has emerged.The tariff rate,…

The Port of Antwerp-Bruges has been turned into a giant car park with thousands of cars, vans, trucks and tractors bound for the US sitting idle…

Inflation accelerated in June as the impacts of Donald Trump’s tariffs slowly started to show in US prices.Business leaders have said for months that the high,…

Donald Trump’s threatened 30% tariffs on European goods would eliminate transatlantic trade, the EU’s chief negotiator with the US has said, while voicing hope that a…

The 10% tariffs on most UK goods imported into the US are likely “here to stay”, according to Lord Mandelson.The British ambassador to the US said…

Donald Trump announced on Saturday that goods imported from both the European Union and Mexico will face a 30% US tariff rate starting 1 August, in…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Coffee futures jumped on Thursday after US President…

Donald Trump announced on Wednesday that his administration will hit Brazil with a 50% tariff on products sent to the US, tying the move to what…