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Tariffs
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E.l.f. Beauty's Q1 Profit Soars 100% Thanks to $50 Million Tariff Refund, Full-Year Revenue and Adjusted EPS Guidance Raised
E.l.f. Beauty announced its first-quarter results, with net profit surging 100% year-over-year, primarily due to receiving approximately $50 million in federal government tariff refunds. Driven by thi
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Amazon to share $600 million in Trump tariff refunds with select customers, CFO says company absorbed most tariff costs
Amazon CFO Brian Olsavsky stated in an earnings call that the company received $600 million in tariff refunds following a Supreme Court ruling that struck down former President Trump's tariffs. Amazon
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U.S. copper prices near all-time highs, impacted by tariff risks and Strait of Hormuz speculation
New York copper futures prices are near historical highs, as investors await a US tariff decision while monitoring progress in reopening the Strait of Hormuz, which has boosted demand for risk assets.
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Trump wrote the foreword for Brian Pannebecker's new book, "Blue Collar Conservative: From Reagan to Trump," which advocates for tariffs to "Make America Great Again."
Trump announced on Truth Social that he penned the foreword for Brian Pannebecker's new book. Pannebecker, who leads Autoworkers for Trump, has been a long-time supporter, and his book emphasizes the
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Trump administration refunds $100bn in 'liberation day' tariffs, repaying about 60% of levies struck down by Supreme Court
US customs officials have repaid approximately $100 billion in 'liberation day' tariffs, which accounts for about 60% of the levies that were previously struck down by the Supreme Court.
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Trump stated on Truth Social that the United Auto Workers (UAW) believes 'strategic' tariffs have prompted a surge in industry hiring.
Trump stated on Truth Social that the United Auto Workers (UAW) believes 'strategic' tariffs have prompted a surge in industry hiring.
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25 states sue Trump administration over latest global tariffs
A coalition of 25 Democratic-led states has filed a lawsuit against the Trump administration, arguing that its latest global tariffs, which impose 10% or 12.5% duties on imports from 60 trading partne
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Global copper prices surge to near-record highs, fueled by US and China AI demand
The metal's price rise is attributed to a significant increase in demand from the U.S. and China for artificial intelligence infrastructure. This surge in demand has led to a drop in inventories outsi
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US Copper Inflows Surge at Fastest Rate in at Least 12 Years as Market Awaits Trump Tariff Decision
Copper is pouring into the US at the fastest rate in at least 12 years as traders position ahead of President Donald Trump’s decision on tariffs on refined imports.
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Donald Trump claims his tariff policies led to the "largest ever" reduction in the US trade deficit, but economists are divided on their effectiveness
Former U.S. President Donald Trump celebrated a significant 55% drop in the trade deficit on social media, stating "Thank you, Tariff Man." However, the latest data shows that as of May 2026, the U.S.
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Amazon Received a $600 million tariff refund from Donald Trump; part of the amount will be returned to consumers
Amazon It was disclosed on Thursday that the company had received a $600 million tariff refund after the U.S. Supreme Court ruled that many of the tariffs imposed by former President Donald Trump were
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Former US President Trump Criticizes Supreme Court Rulings on Birthright Citizenship and Tariffs, Claims Trillions in Losses
Former US President Donald J. Trump criticized the United States Supreme Court's rulings on birthright citizenship and tariffs, stating that these "negative Rulings" have cost the nation "trillions an
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Platinum Asset Management: Rising Demand for Caterpillar (CAT) Offsets the Impact of Tariffs
In its second-quarter 2026 investor letter, Platinum Asset Management noted that Caterpillar Inc. (NYSE:CAT), a manufacturer of construction and mining equipment, has performed strongly. Although stee
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Trump claims tariffs saved General Motors, but company filings show they will cost GM up to $3.5 billion
Former U.S. President Donald Trump stated that tariffs have saved General Motors (GM). However, GM's July 21 quarterly filing with the Securities and Exchange Commission (SEC) estimates that Trump's t
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GE HealthCare Beats Q2 Profit Estimates, Boosted by Strong Imaging Demand and Tariff Refunds
GE HealthCare on Wednesday reported second-quarter profit that beat Wall Street estimates. The medical device maker was boosted by strong demand for its diagnostic and imaging devices, as well as $129
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Trump Says New Tariffs "Functionally the Same" as Struck-Down Ones, Dismisses Economic Concerns
U.S. President Donald Trump stated on Tuesday that new tariffs imposed by his administration are "functionally the same" as those the Supreme Court struck down as illegal earlier this year. His commen
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Republicans Launch Ads Attacking Democrats Over Opposition to Trump's Tariffs Ahead of 2026 Midterms
The National Republican Congressional Committee (NRCC) has launched a digital advertising campaign targeting House Democrats and candidates who have opposed President Donald Trump's tariffs. The ads,
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US Agrees to 20% Tariff Cap on Chinese Goods, China Warns of Retaliation
China stated that the United States agreed during recent trade talks to cap replacement tariffs on Chinese goods at 20%. Current tariffs stand at 12.5%, indicating potential for further increases up t
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China Says US Pledged to Cap Replacement Tariffs at 20%
China said the US had committed to cap replacement tariffs on Chinese goods at 20%, staking out a limit on further increases after US President Donald Trump imposed a new levy.
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China Rejects U.S. Tariffs Over Forced Labor Allegations
China has rejected U.S. tariffs linked to forced labor allegations, urging Washington to remove the measures. Beijing stated its openness to trade talks based on mutual respect and equality, but warne
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CG Asset Management warns of stagflation risks after new US tariffs
CG Asset Management warns investors to prepare for a low-growth, high-inflation environment, citing new U.S. tariffs on 60 trading partners, including the EU and China, alongside energy market pressur
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Trump Launches New Tariffs Targeting 60 Trading Partners
President Trump on Friday launched a fresh round of tariffs targeting 60 trading partners, including the European Union, China, and the U.K.
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The United States has imposed tariffs ranging from 10% to 12.5% on 60 economies
Svmuu News: The Office of the United States Trade Representative (USTR) issued an announcement on the 23rd (local time), stating that pursuant to Section 301 of the Trade Act of 1974,it would impose t
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The United States is preparing a new round of tariffs
Svmuu News: U.S. Trade Representative Greer said the United States is preparing a new round of tariffs. (WSJ)
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US and China agree on tariff relief for $30bn of nonsensitive goods each
The White House announced late Friday that the U.S. and China have agreed on recommendations for "more favorable tariff treatment" covering $30 billion of nonsensitive products traded in each directio
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Chinese Orders to US "Unexpectedly" Jump Ahead of Summit, Companies Prepare for Trade Stability, Survey Shows
Orders for Chinese goods from US companies saw an unexpected surge in the weeks leading up to the recent US-China summit, according to a survey by New York research firm China Beige Book. The index me
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EU urges UK to raise tariffs on Chinese cars to avoid 'made in Europe' barriers
The European Union is urging the UK to raise tariffs on Chinese cars to prevent the creation of 'made in Europe' barriers. London has been lobbying intensely for equal treatment of British products bu
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China's Ministry of Commerce confirmed holding its first AI talks with the United States and discussed tariff reductions and the extension of trade arrangements; this follows earlier statements from US Treasury Secretary Scott Bessent that both sides had agreed to extend the trade truce until January next year.
China's Ministry of Commerce confirmed on Thursday that its senior trade negotiators have held their first artificial intelligence talks with the United States. Spokesperson He Yadong stated that both
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India Halves Import Taxes on Crude Palm and Soybean Oils to Ease Local Prices Ahead of Festive Season
India, the world's largest buyer of edible oils, has halved import taxes on crude palm and soybean oils. This measure is aimed at reducing local food costs as the country approaches its festive season
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US Treasury Secretary Scott Bessent met again with Chinese Vice Premier He Lifeng in Washington, where both sides agreed to exclude non-sensitive goods to avoid future tariff actions; Chinese President Xi Jinping will arrive in the US for a summit with Donald Trump.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met again on the morning of September 23, Washington time, with Bessent stating the meeting aimed to address "unfinished busine
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Goldman Sachs Analysis: U.S. Inflation Overestimated Due to Temporary Tariffs and AI Statistical Bias
In its global economic analysis report published on September 22, Goldman Sachs noted that while US core inflation appears higher than most economies, after excluding two temporary factors unique to t
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US Treasury Secretary Bessent Discusses Tariffs with China
US Treasury Secretary Bessent Discusses Tariffs with China
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US LNG Producers to See Opportunities if Trump and Xi Ease Tariffs
US LNG Producers to See Opportunities if Trump and Xi Ease Tariffs
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U.S. officials stated that U.S.-China talks made progress on tariff exemptions and AI dialogues, laying the groundwork for a summit between the two heads of state.
U.S. senior officials stated on Sunday that the U.S. and China have agreed to exempt "non-sensitive" goods from future tariff actions and establish formal dialogue channels on artificial intelligence.
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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WSJ Opinion: Treasury Secretary Bessent Faces Predicament Amid 5% 10-Year Yields, Tariffs Blamed for Bond Busting
The Wall Street Journal's opinion piece highlights that 10-year Treasury bond yields are around 5%, leading to higher borrowing costs for Treasury Secretary Scott Bessent. The article points out that
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US companies, especially manufacturers and retailers, are being squeezed by tariffs, soaring fuel costs from Iran war, and rising interest rates
American companies, particularly those in manufacturing, auto supply, retail, and transportation, are facing a triple squeeze. Tariffs under Trump's trade policies are increasing raw material costs, t
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Trump criticizes Supreme Court decisions on tariffs and birthright citizenship, claims they cost U.S. trillions of dollars
Donald J. Trump stated on Truth Social that the United States Supreme Court has lacked the courage to "MAKE AMERICA GREAT AGAIN." He claimed that over the last 6 months, the Court's "faulty, political
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Mexico's Sheinbaum says she spoke with Trump, seeking tariff decrease in ongoing trade negotiations
Mexican President Claudia Sheinbaum stated she had a "very good" phone call with Donald Trump on Wednesday, aiming for a bilateral trade deal that would reduce US tariffs on Mexican products like stee
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Canadian PM Carney welcomes EU associate membership proposal; Trump threatens tariffs if alliance proceeds
Canadian Prime Minister Mark Carney stated in the European Parliament that Canada welcomes the prospect of becoming the EU’s first associate member, aiming to be a “beacon for democracies” rather than
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European carmakers warn EU-UK tariffs could be ‘catastrophic’
European carmakers argue that stricter rules of origin should be delayed to allow more time for supply chains to be established, warning that new EU-UK tariffs could be ‘catastrophic’ for the industry
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India warns US that new tariffs of up to 100% on Russian oil purchases could impact bilateral ties
India's foreign ministry stated on Thursday that it is firmly committed to ensuring energy security for its 1.4 billion people and will take all necessary measures to protect its trade and economic in
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White House: Trump Administration Imposed 25% Tariffs on Upholstered Wooden Furniture to Protect North Carolina Industry
The White House report on President Trump's achievements in North Carolina noted the administration's efforts to protect the state's furniture industry. This included imposing Section 232 tariffs on i
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The U.S. House of Representatives is expected to pass a comprehensive sanctions bill against Russia on Wednesday, allowing the President to impose tariffs of up to 100% on countries such as China and India that purchase Russian oil and gas.
The bill, introduced by the late Senator Lindsey Graham, aims to punish Russia for its ongoing invasion of Ukraine. The bill would also sanction Russian leaders, officials, and financial institutions,
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US and China Discuss Cutting Tariffs on American Energy and Agricultural Products Ahead of Next Week's Leaders' Summit
The discussions aim to solidify prospects for an extension to the US-China trade truce.
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Trump wrote the foreword for Brian Pannebecker's new book, reiterating support for tariffs and "MADE IN THE U.S.A." policies
Trump wrote the foreword for Brian Pannebecker's new book, "Blue Collar Conservative: From Reagan to Trump," stating that tariffs are required to "MAKE AMERICA GREAT AGAIN" and praising Pannebecker fo
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Nissan Americas Chairman Christian Meunier Says US Auto Tariffs Forced Company to Accelerate US Production
Christian Meunier, chairman of Nissan Americas, stated that while US auto tariffs have been challenging to manage, they ultimately compelled Nissan to accelerate its localization and production effort
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Germany to Lobby EU on New China Policy, May Seek More Tariffs
Germany to Lobby EU on New China Policy, May Seek More Tariffs
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