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The Latest Breaking News on Japan Tariff Envoy Departs For Round Two Of US Talks

Japan Tariff Envoy Departs For Round Two Of US Talks

Tokyo's tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump's trade levies.

International Business Times

Trump's Tariffs Usurp the Legislature's Tax Power

The president’s sweeping import levies have no basis in the statute he cites.

Reason

Trump's tariffs loom over the economy as shipments from China fall

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next

The Independent UK

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Trump Tempers Auto Tariffs, Winning Cautious Praise From Industry

Trump signed an executive order to limit the impact of overlapping tariffs on automakers. He also released a proclamation that gives the industry a two-year grace period to move supply chains back to the United States and reduce "American reliance on imports of foreign automobiles and their parts."

International Business Times

Donald Trump to offer automakers some relief on his 25% tariffs

President Donald Trump signed executive orders on Tuesday to relax some of his 25% tariffs on automobiles and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

Euronews

UPS Layoffs Update: Two Major Reasons Why 20,000 Workers Are About To Lose Their Jobs

Hit hard by US President Donald Trump's tariffs and softening demand, UPS is slashing 20,000 jobs as part of a $3.5 billion cost-cutting plan.

International Business Times UK

Trump hails Bezos for scrapping plan to show Amazon shoppers tariff price hikes on products

Online retail giant claims that policy angry president attacked showing tariff price hikes on products was ‘never approved and is not going to happen’

The Independent UK

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Trump reveals plans to ease tariff impact on US carmakers

US president will curb some duties on foreign parts in domestically manufactured cars, administration says

The Guardian - UK

Customs warehouses are booming as U.S. businesses turn to a 'hope and prayer' strategy of waiting out the tariff war

Parking goods is a last resort—and it’s not cheap.

Fortune

Trump Signals Relief On Auto Tariffs As Industry Awaits Details

The White House said Tuesday it will soften tariffs on automakers, sparking optimism in Detroit whose car manufacturing industry has been on tenterhooks awaiting details on President Donald Trump's fast-evolving policy.

International Business Times

Amazon Haul Considered Displaying Tariff Charges on Some Products

How much will tariffs increase Amazon's prices?

Kiplinger

Amazon is not planning to show added tariff costs next to its online product listings

Amazon is not planning to list added tariff costs next to product prices on its site — despite speculation spanning from a report that claimed the e-commerce giant would soon show new import charges, as well as fiery comments from President Donald Trump’s White House denouncing such a move

The Independent UK

How much revenue has the US earned from Trump’s tariffs?

While ‘reciprocal tariffs’ have been paused for 90 days, there are still some tariffs in place.

Al Jazeera

Port of L.A. executive director says retailers will soon have only about 7 weeks of full inventories left amid U.S.-China trade war

“Nobody wins,” Gene Seroka said. “China is America’s factory.”

Fortune

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Fortune

Trump will sign an executive order softening the tariff impact for automakers

Manufacturers will not have to worry about levies on steel and aluminum.

The Independent UK

White House scales back auto tariffs after industry panic: ‘It’s a little bit of help’

Trump signed a new set of executive orders, which will provide some relief for US automakers who feared the toll of stacking tariffs on prices

Salon

Amazon scraps tariff idea after WH flak

Amazon said it had discussed showing the extra cost tariffs will add to products, but it soon reversed course

Motor1

Trump Blinks, Plans to Offer Tariff Deal for American Automakers

It's been less than a month since President Trump implemented a blanket 25-percent tariff on foreign-made cars and car parts. Now, in an effort to improve relations with automakers and the public on his 100th day in office, the administration plans to offer partial relief from those tariffs.

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Tom’s Hardware

Trump administration brands Amazon's tariff transparency plan a 'hostile and political act'

Trump administration angered by Amazon tariff transparency price labeling leak.

Fortune

Amazon pours cold water on report saying it will show how tariffs affect each product's price: 'Never a consideration for the main Amazon site'

The White House originally called Amazon’s reported plan a “hostile and political act.”

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