Businesses Await Details on Chip Tariffs
UNITED STATES, AUG 8 – The tariffs target Brazil with a 50% duty and impose 15% tariffs on EU and Japanese goods, increasing U.S. consumer prices as job growth slows to 35,000 monthly, officials said.
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Businesses await details on chip tariffs
President Donald Trump's ambiguous plans for 100% tariffs on computer chips that aren't made in the U.S. are stoking confusion among businesses and trading partners — boosting stocks for leading semiconductor companies while leaving smaller producers scrambling to understand the…
'Chaotic, secretive and ripe for corruption': Trump agenda leaving businesses 'sputtering'
After multiple delays, the "reciprocal" tariffs first announced this past spring by U.S. President Donald Trump went into effect on Thursday even as the American economy is showing serious signs of weakness.As reported by CNBC, the new tariffs hit nations all over the world and included particularly hefty tariffs on longtime trading partners such as Brazil, which got hit with a 50% tariff as Trump tries to pressure the country to drop criminal c…
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