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Tariffs · United StatesThe IMF on Tuesday edged its global growth forecast slightly higher for 2025 and 2026 given stronger-than-expected purchases ahead of an August 1 jump in U.S. tariffs and a drop in the effective U.S. tariff rate to 17.3% from 24.4%.See the Story
IMF edges 2025 growth forecast slightly higher, warns tariff risks still dog outlook
54% Center coverage: 56 sources
Donald Trump · SwitzerlandPrices for the eponymous Swiss watches, Swiss chocolate and Swiss cheese could skyrocket in a week as a result of U.S. President Donald Trump’s trade war. Switzerland, home to some the world’s most recognizable luxury brands, now faces an upcoming 39% tariff from the U.S. Industry groups on Friday warned that both Swiss companies and American consumers could pay the price. Trump signed an executive order Thursday placing tariffs on many U.S. tra…See the Story
Switzerland, the Land of Luxury Brands, Could See Prices Skyrocket From Trump's 39% Tariffs
51% Left coverage: 51 sources
Donald Trump · United StatesWASHINGTON (AP) — President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades. The order was issued shortly after 7 p.m. on Thursday evening. It came after a flurry of tariff-related activity in the last several days, as the Whit…See the Story
Trump Signs Order Imposing New Tariffs that Go Into Effect in 7 Days
49% Center coverage: 39 sources
