Trade
Trump could ask Supreme Court to halt tariff block as soon as Friday
U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025. Chip Somodevilla | Getty Images The Trump administration said it may ask the U.S. Supreme Court as soon as Friday to immediately pause a federal court ruling blocking many of President […]
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Four tools at the Trump administration’s disposal after a U.S. court blocks tariffs
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump is expected to find a workaround after suffering a major blow to a core part of his economic agenda. The […]
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CNBC Daily Open: Trump’s ‘reciprocal’ tariffs face an uncertain future — and that’s good for markets and businesses
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025. Saul Loeb | Afp | Getty Images U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent […]
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CNBC Daily Open: ‘Reciprocal’ tariffs in limbo as U.S. court steps in
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent pattern as the “TACO” theory, […]
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Trump says he’s not ‘chickening out’ on trade: ‘It’s called negotiation’
President Donald Trump on Wednesday pushed back against an emerging critique of his on-again, off-again tariff threats, which has been derisively summed up as the “TACO trade.” The term coined by a Financial Times columnist — which stands for “Trump Always Chickens Out” — describes a pattern in which Trump announces heavy new tariffs, sending […]
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Fewer international tourists are visiting the U.S. — economic losses could be ‘staggering,’ researchers estimate
Key Points Spending among international visitors to the U.S. is poised to fall $8.5 billion this year, according to Oxford Economics. Tourists are avoiding the U.S. as a destination amid tensions tied to Trump administration policy tied to trade and the border, experts said. A relatively strong dollar and weak global growth prospects are also […]
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India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy
“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia. Kevin Carter | Getty Images News | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates […]
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Diamonds are forever? Not with tariffs in the way
Diamond rings and bracelets on display in a show window in Antwerp, Belgium. (Photo by Yuriko Nakao/Getty Images) Yuriko Nakao | Getty Images News | Getty Images They might be made of the hardest material on earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to U.S. President Donald […]
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The ultra-rich are increasingly parking their gold in Singapore as global risks and Trump volatility mount
“The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays,” says Gregor Gregersen, founder of The Reserve. Alessia Pierdomenico | Bloomberg | Getty Images The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore […]
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‘Buckle up, this ride’s far from over’: Trump’s EU tariffs delay is no guarantee trade tensions won’t escalate, market watchers say
President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. Evan Vucci | AP Photo Investors should “buckle up” for more volatility as the potential for a trade war has not completely dissipated despite U.S. President Donald Trump’s delay of rolling […]
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