The European Union is delaying its proposed 50% tariff on American whiskey until mid-April, aligning them with broader countermeasures against U.S. steel and aluminum duties.
March 20, 2025tariffs News Updates
EU Delays 50% Tariffs on US Whiskey, Allowing for More Talks
Fed Stays the Course on Rates as Inflation Risks Grow
The Federal Open Market Committee voted to keep the benchmark federal funds rate in a range of 4.25%-4.5%, and said it would further slow the pace at which it is reducing its balance sheet.
March 19, 2025Tariff Threats Spur TSMC鈥檚 Taiwan Peers to Seek US Expansion
Taiwan companies including Foxconn have sprung to the vanguard of shifting manufacturing to the U.S.
March 19, 2025Stellantis Eyes Cheaper Ram 1500 for US Comeback
Returning a more affordable option for its top-selling truck would reverse a decision last year by former CEO Carlos Tavares to stop making the entry-level model.
March 18, 2025EU Seeks Talks With Trump Before Retaliatory Tariffs
The EU wants to engage with the U.S., Ireland's Deputy Prime Minister Simon Harris said. 鈥淲e should do that rather than having further announcements and then trying to respond.鈥
March 18, 2025Trump Tariffs to Raise Bar to Invest in US, JETRO Says
President Donald Trump鈥檚 tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., says the chair of the Japan External Trade Organization.
March 18, 2025China Partially Renews US Meat Export Permits
China鈥檚 government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won鈥檛 be disrupted.
March 17, 2025Trump鈥檚 Trade Team Debates Strategy for New Tariff Rollout
President Donald Trump鈥檚 top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.
March 17, 2025Trump Says Both Reciprocal, Sectoral Tariffs Coming April 2
President Donald Trump said he would be imposing both broad reciprocal tariffs and additional sector-specific tariffs on April 2.
March 17, 2025Consumer Sentiment Drops, Price Expectations Soar on Tariffs
Consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the impact from tariffs.
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