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X @Bloomberg
Bloomberg· 2025-09-11 11:04
Global postal services used a forum in Dubai this week to vent their frustrations about the US’s new regime for low-value imports https://t.co/VPGIBGmB1o ...
US Economy: Jobless Claims Rise, Trade Gap Widens
Bloomberg Television· 2025-09-04 14:31
We can see the trade deficit widens to $78.3% billion from 60.2% billion. And that's largely because we imported a lot. 55.9% increase in imports. 3/10 percent increase in exports.Get back to that in a second. Jobless claims now to 37, a little bit higher than anticipated. The 230 was the forecast last week to 29.The continuing claims number 1,940,000. That's down from 1,000,009 44. So some mixed numbers on jobless claims.Probably don't add anything to the narrative of what's going on in the labor market. N ...
X @Bloomberg
Bloomberg· 2025-09-02 04:10
Japan will handle US demands to buy more American rice within the confines of its existing overall cap on duty-free imports and has no plans to lower its tariffs on farm products https://t.co/JjXmrZom0f ...
Trump Ends De Minimis Tariff Rule: How Online Shoppers Will Be Hit | WSJ News
WSJ News· 2025-08-29 21:27
Policy Change Impact - The US government has suspended the duty-free *de minimis* rule, potentially increasing costs for consumers on e-commerce packages valued at $800 or less [1] - Foreign post offices are suspending e-commerce package shipments to the US due to the complexity of tariff collection [6] - US manufacturers anticipate increased demand due to a leveled playing field with foreign suppliers now facing similar import costs [8] Business Strategies & Challenges - Companies may consider housing inventory in US warehouses to avoid individual tariffs on packages [5] - Smaller businesses are expected to face greater challenges navigating the tariff changes compared to larger companies with more resources [6] - Businesses are exploring options such as paying tariffs upfront or halting shipments to the US to avoid passing costs to consumers [7] Consumer Impact - Consumers should anticipate potentially higher prices and reduced choices in the short term [8] - The exact impact on consumer costs remains uncertain, as companies may choose to absorb or share the tariff expenses [3]
Mexico Sides With Trump, Plans Tariff Hikes on Chinese Imports
Bloomberg Television· 2025-08-28 06:24
How significant then, Jill, is this move both politically and economically for Mexico. Yes. Good morning, Tom.I think it's very significant. Right. So we're still obviously waiting on the details.This hasn't been entirely finalized, according to people familiar with the matter. But what this would ultimately aim to do is target imports specifically of textiles and also automobiles, which I think is pretty key considering that Mexico has really become a top destination for Chinese cars, I believe, overtaking ...
X @Bloomberg
Bloomberg· 2025-08-27 20:50
The Mexican government plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation’s businesses from cheap imports and satisfying a longstanding demand of Donald Trump https://t.co/bagZNQ6F7B ...
X @CNN
CNN· 2025-08-27 04:19
Trade Policy - The US has doubled tariffs on imports from India to 50% [1] - These tariffs are among the highest the US charges [1]
X @Bloomberg
Bloomberg· 2025-08-25 22:14
New tariffs on small-dollar imports have created a global shipping crisis. On today’s Big Take podcast, what the end of the de minimis loophole means for you. https://t.co/uJSzDEZZO3 ...
Furniture industry prepares for tariffs after President's Trump Social post
CNBC Television· 2025-08-25 15:00
Speaking of which, let's get to Megan Cassella with the latest out of Washington on those tariffs. Hey, Megan. >> Hey guys, good morning.That's absolutely right. The latest industry really under fire here from this White House talking about new tariffs. All of that new talk stemming from a true social post that the president posted late on Friday in which he said he was pleased to announce that we are doing a major tariff investigation on furniture coming into the United States.He said within the next 50 da ...
X @Bloomberg
Bloomberg· 2025-08-14 09:22
India’s trade deficit widened more-than-expected last month, as inbound shipments rose more than exports https://t.co/4KL2orFPHv ...