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Trump threatens new tariffs on India

Trump’s latest tariff deadline is approaching. Here are the trade deals the US has announced so far.

The clock is ticking closer to President Trump’s latest tariff deadline of Aug 1. And while several more deals have been reached, talks with many countries are still in flux.

NBC News on MSN · 52m

Trump's tariffs face crucial court test on eve of latest deadline

“IEEPA nowhere mentions tariffs, duties, imposts, or taxes, and no other President in the statute’s nearly 50-year history has claimed that it authorizes tariffs,” the companies added in a filing with the appeals court.

The Washington Post on MSN · 12h

Trump threatens new tariffs on India as Friday deadline for deals nears

Economic data out Wednesday showed trade turmoil wasn’t holding back the U.S. economy, but the Federal Reserve left rates unchanged, citing fear of inflation.

Ford Motor Company, Tariffs

U.S. News Money · 2h

Ford Raises Projected Tariff Hit to Results, Shares Drop 3%

Ford said results for the quarter ending in June were $800 million lower because of Washington's tariffs. Competitor General Motors reported steeper tariff headwinds, with a $1.1 billion hit for the quarter, largely from imports on its entry-level Chevrolet and Buick models made in South Korea.

The Wall Street Journal · 4h

Ford Takes $800 Million Tariff Hit, Posts First Loss Since 2023

The levies on imported parts helped wipe out the company’s net profit in the second quarter.

The New York Times · 13h

Ford Is Latest Carmaker to Blame Tariffs for Profit Slump

Ford Motor said Tuesday that it lost money in the second quarter as tariffs took a toll on its business. The company also said it expected tariffs to cost it a total of $2 billion this year. The automaker lost $36 million from April through June,

ArcelorMittal trims steel demand forecasts as tariffs dampen US sentiment

ArcelorMittal , the world's second largest steelmaker, reported quarterly earnings slightly above market expectations on ...

KTEN1h

US tariffs corrode steelmaker ArcelorMittal's profitability

The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but ...

American Steel Just Got More Expensive. Buyers Blame Tariffs.

Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump ...

Bloomberg on MSN1h

Tata Steel Eyes Alternative Markets Due to Tariffs

Tata Steel CEO and MD, T.V. Narendran, says the company is planning to explore alternative markets due to rising tariff risks ...

21hon MSN

Most Mexico factory output expected to remain exempt from U.S. tariffs as increase nears

U.S. tariffs on Mexico imports set to increase from 25% to 30% Aug. 1, but products made under the USMCA trade agreement ...

13h

Canada Slaps Higher Tariffs On Chinese Steel, Beijing Decries Move

Canada has joined the growing list of countries imposing tariffs on steel imports from China. Like other countries, the main reason for the steel tariffs is to shield the domestic Canadian industry ...

Algoma Steel Suspends Dividend as Tariffs Crimp Earnings

Algoma Steel Group Inc. suspended its dividend after posting a second-quarter loss with C$64.1 million ($46.5 million) in ...

Crain's Detroit Business5d

Tariff costs pile up for auto industry as steel, aluminum, copper prices rise

Tariff expenses are starting to pile up for auto manufacturers and suppliers. General Motors Co., for example, said tariffs ...

Calgary Herald on MSN8h

CPKC says cross-border steel shipments effectively 'shut down' due to tariffs

Canadian Pacific Kansas City Ltd. managed to increase revenues in its latest quarter, even as cross-border steel shipments ...

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