In Today’s News

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Trump says US might have to unwind trade deals with EU, others if it loses tariff case

Trump, speaking to reporters at the start of a meeting with Polish President Karol Nawrocki, said his administration was asking the Supreme Court to reverse a U.S. appeals court ruling last week that found many of his tariffs were illegal.Losing that case would leave the United States far poorer, and could je … Read More »

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At 15% US tariffs, EU says its trade still flows

“There is a level … where a tariff becomes prohibitive and trade will no longer flow, but with the 15% all-inclusive that is not where we are,” Sabine Weyand, director-general of the EU executive’s trade division, told a European Parliament hearing.Weyand, part of the EU team that struck a framework deal wi … Read More »

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Featured Article

EV maker Polestar takes tariff hit, reports wider quarterly loss

STOCKHOLM (Reuters) -Swedish electric vehicle maker Polestar reported a wider loss for the second quarter on Wednesday, after tariffs and intensifying price pressure led to an impairment charge of its Polestar 3, sending its U.S.-listed shares down 11%.U.S. trade tariffs on global trading partners have hit th … Read More »

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Other Headlines

Dollar Tree’s Q3 profit hit by tariff shock despite steady demand

(Reuters) -Dollar Tree forecast current-quarter profit below estimates on Wednesday as tariffs drive up costs for the retailer, although it expects demand to be steady as Americans hunt for more affordable products at its stores.Dollar Tree’s shares, which have jumped about 50% this year, fell about 10% in e … Read More »

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