German Study Finds US Tariffs Fall Heavily on American Shoppers
A German study finds that in 2025, 96% of US tariff costs were passed on to American consumers, debunking claims that foreign exporters pay the price.
US Tariffs
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EU Prepares Emergency Summit Over US Greenland Tariff Threats
EU leaders will meet on Jan 22 for an emergency summit to respond to US tariff threats over Greenland and weigh possible countermeasures to protect their economic interests.
EU Eyes €93B Tariffs on US over Greenland Dispute
The EU is preparing €93B in tariffs against the US over Greenland threats, ramping up transatlantic trade tensions ahead of Davos.
Trump Imposes 25% Tariff on Nations Trading with Iran
President Trump announces a 25% tariff on any country trading with Iran, marking a sharp economic escalation and raising global market concerns.
Markets Brace as Supreme Court Weighs Trump’s Tariff Powers
The Supreme Court’s imminent decision on President Trump’s emergency tariff powers could trigger major market swings, from potential $200B refunds to renewed volatility in equities and bonds.
Trump Imposes Steep Tariffs on Pharma, Furniture and Trucks from Oct. 1
President Trump will impose tariffs from Oct. 1: 100% on branded drugs without U.S. plants, 50% on cabinets, 30% on upholstered furniture and 25% on big trucks.
How US Tariffs Are Taxing the American Dream
US tariffs from the Trump era are quietly driving up grocery bills and squeezing households across America.
Chinese mainland blasts DPP for selling out Taiwan interests to US
Chinese mainland spokesperson accuses Taiwan authorities of kowtowing to US tariffs, saying SMEs and manufacturing workers on the island face rising unpaid leave and economic hardship.
Economist Slams Trump’s Tariffs: Costs Soar, Jobs Don’t Return
Economist Justin Wolfers warns on MSNBC that Trump’s chaotic tariffs, lacking Congress approval, only hike costs and fail to bring back US manufacturing jobs.
Chaos or Reciprocity? Rethinking Trump’s New Tariff Logic
Yuqing Xing calls Trump’s new 10-41% tariffs economic chaos, arguing they lack logic and pressure partners not to retaliate.