The Latest Breaking News on Swiss Will Try To Negotiate Way Out Of Stiff US Tariffs

The beginning of August marks the latest deadline for US president Donald Trump’s “liberation day” tariff policy. This era of chaos and uncertainty began on April 2 and the situation remaims fluid. With the deadline for partners to secure a deal with Washington now passed, it’s a good time to…

An economist explained why U.S. prices haven’t surged yet -- and when tariffs will start raising costs for consumers in America.

Simon Harris said the EU tariff rate of 15% would come into effect from next Thursday.

Stock markets slid but the dollar held up Friday as US President Donald Trump announced tariffs on dozens of trading partners, offsetting strong earnings from tech giants.

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Donald Trump slapped tariffs between 10 and 41 per cent for 69 trading partners starting from next week

"These taxes do not show up in consumer baskets with full force until January next year," UBS says.

Trump set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland

COMMENT: As the US president revives his discredited tariffs policy – which appears to single out Canada for punishment – Sean O’Grady says pushing levies on foreign imports to their highest level since 1934 can only be a disaster for the entire world economy