Trade
Republican senators join Dems on bill to exempt small businesses from Trump’s Canada tariffs
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Republican Sens. Susan Collins and Lisa Murkowski are joining Democrats to back a new bill that would exempt millions […]
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Germany’s auto giants rally as U.S.-Japan trade deal raises hopes of a tariff breakthrough
Vehicles are assembled on a line at the BMW plant in Leipzig. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s top carmakers jumped on Wednesday after the U.S. and Japan’s blockbuster trade agreement raised hopes of a tariff breakthrough for other major exporters. In a post on social media platform Truth Social, […]
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CNBC Daily Open: Japan markets rally on the country’s 15% tariff rate — it’s a new era of trade
A man walks in front of an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on July 23, 2025. Kazuhiro Nogi | Afp | Getty Images The anchoring effect is one of the sneakiest tools companies use to make us spend money. Here’s how it works. Let’s say […]
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Trump shifts gears to EU after striking Japan deal
US President Donald Trump speaks to the press at the end of a reception with Republican members of Congress at the White House in Washington, DC on July 22, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump has now set his sights on trade negotiations with the European Union, after announcing a […]
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Chinese and EU leaders are about to meet — but the U.S. is complicating things
A staff member prepares for the arrival of Chinese Vice Premier Ding Xuexiang and EU Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera during China-EU Sixth High Level Environment and Climate Dialogue (HECD) at the Diaoyutai State Guest House in Beijing on July 14, 2025. Wang Zhao | Afp | Getty Images […]
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Japan auto stocks soar on report of lower tariffs — Toyota jumps 11%
Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Japanese automakers surged after Japanese Prime Minister Shigeru Ishiba said that U.S. auto tariffs were lowered to 15% from the current 25%, Reuters […]
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CNBC Daily Open: The 15% tariff rate on Japan can feel like a relief only because of hefty ones before
U.S. Treasury Secretary Scott Bessent is leading a presidential delegation at a ceremony for U.S. National Day at the World Expo 2025 on July 19, 2025, in Osaka, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images The anchoring effect is one of the sneakiest tools companies use to make us spend money. Here’s […]
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White House releases U.S.-Indonesia trade deal framework, final talks underway
The U.S. and Indonesia agreed to the framework of a trade agreement which would see Jakarta scrap most of its tariffs on American imports, the White House revealed in a joint statement Tuesday afternoon. U.S. tariffs on Indonesian imports would be set at 19% under the deal, which is described in the release as an […]
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Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed
President Donald Trump said Tuesday that the U.S. has “concluded” a trade deal with the Philippines that includes a 19% tariff on goods imported from the southeast Asian country. Manila will not impose tariffs on U.S. goods as part of the deal, according to Trump, who praised the country for what he described as “going […]
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Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott Bessent on Tuesday said that he is likely to hash out an extension […]
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