The 15% tax on imported Japanese goods is a meaningful drop from the 25% rate that Trump, in a recent letter to Japanese Prime Minister Shigeru Ishiba, said would be levied starting Aug. 1.
Tariffs
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Trump touts weapon sales to NATO for Ukraine and threatens Russia with 100% tariffs
President Trump threatened to punish Russia with heavy tariffs on countries that trade with Moscow if the Kremlin fails to reach a ceasefire deal with Ukraine, while promising Kyiv weapons.
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Trump’s Brazil tariffs are ‘grotesquely illegal,’ says Nobel Prize-winning economist
Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.
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Here’s a list of Trump’s tariff letters so far and the rates they threaten
Finding it hard to track the latest U.S. trade policy state of play? Here’s a look the deals the president has announced and the rates he’s so far threatened to impose in letters to global leaders.
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Prime Day — er, Days — tests deal hunters’ will to spend amid tariffs
Electronics and back-to-school supplies are expected to top many shoppers’ lists.
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BRICS nations push back as Trump warns of tariffs
Leaders of the BRICS group of emerging economies meeting for their annual summit had hoped to downplay any differences with the U.S. But even a toned down group proclamation drew the ire of President Trump.
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Say ‘maybe’ to the dress? Tariffs are crashing the wedding planning party
How much extra would you pay to see your dream come true? It’s always a big question for wedding-planning couples. Now, there’s a new twist courtesy of U.S. trade policy.
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Big beautiful bottleneck: Trump’s high-stakes week at home and abroad
From trade talks to the fate of his legislative agenda, what happens over the next 10 days or so, domestically and abroad, could come to define Trump’s presidency.
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Northeast governors, Canadian premiers pledge collaboration despite trade war and tourism slide
Maine’s 176 craft breweries are already feeling the impacts of tariffs on aluminum and other packaging materials from Canada. Canadians’ reservations at Vermont hotels are down by 45%. And in Massachusetts, where nearly 2,400 Canadians study each year, Gov. Maura Healey is wondering about the impacts on research institutions and teaching hospitals. Governors shared those […]
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The U.S. and China have agreed on a framework to resolve their trade disputes
After two days of talks in London, the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month, Chinese state media said.
