Tariff

लेबर ने एसएनपी के प्रथम मंत्री जॉन स्विनी को 'बेशर्म' कहा, क्योंकि उन्होंने श्रेय लेने का दावा किया जबकि यह राजा की अमेरिकी यात्रा का परिणाम था। डोनाल्ड ट्रंप की घोषणा कि वे स्कॉच व्हिस्की पर भारी अमेरिकी शुल्क हटा देंगे, इस फैसले का श्रेय लेने को लेकर प्रतिद्वंद्वी स्कॉटिश पार्टी नेताओं के बीच विवाद के कारण दब गई है। व्हिस्की उद्योग और व्यापारिक नेता, राष्ट्रपति की ट्रुथ सोशल नेटवर्क पर बृहस्पतिवार को अचानक की गई उस घोषणा से प्रसन्न थे कि वे राजा चार्ल्स और रानी कैमिला की यात्रा के उपलक्ष्य में शुल्क समाप्त कर देंगे। पढ़ना जारी रखें...

• राष्ट्रपति का कहना है कि यह निर्णय 'राजा और रानी के सम्मान में' लिया गया है, जबकि उद्योग के अधिकारियों ने इस सौदे को 'महत्वपूर्ण बढ़ावा' करार दिया है। • व्हाइट हाउस में King Charles की यात्रा के बाद राजनयिक मित्रता के संकेत के रूप में, Donald Trump ने कहा कि अमेरिका व्हिस्की आयात पर सभी टैरिफ हटा देगा। • Trump ने सोशल मीडिया पर एक पोस्ट में कहा, "United Kingdom के राजा और रानी के सम्मान में, जो अभी-अभी व्हाइट हाउस से निकले हैं और जल्द ही अपने शानदार देश वापस जाने वाले हैं, मैं व्हिस्की पर उन टैरिफ और प्रतिबंधों को हटा दूंगा जो Scotland के Whiskey और Bourbon पर Commonwealth of Kentucky के साथ काम करने की क्षमता से संबंधित हैं।"

• सुप्रीम कोर्ट द्वारा ट्रंप के आपातकालीन लेवी को अवैध घोषित करने के बाद अब कंपनियां टैरिफ पर रिफंड की मांग कर रही हैं। • अमेरिकी सुप्रीम कोर्ट द्वारा डोनाल्ड ट्रंप के कुछ सबसे व्यापक लेवी को रद्द करने के बाद General Motors को $500 मिलियन के टैरिफ रिफंड की उम्मीद है। • इसने डेट्रायट ऑटोमेकर के 2026 के दृष्टिकोण को बढ़ावा दिया है। मंगलवार को GM ने कहा कि वह अब इस वर्ष ब्याज और कर से पहले $13.5 बिलियन-$15.5 बिलियन की कमाई करने की उम्मीद कर रहा है – जो पिछले $13 बिलियन-$15 बिलियन के अनुमानों से अधिक है।

• यूरोपीय संघ ने सोमवार को चीनी इलेक्ट्रिक वाहन बैटरियों और सौर घटकों पर नए अस्थायी टैरिफ की घोषणा की, जिसमें अनुचित राज्य सब्सिडी और प्रीडेटरी प्राइसिंग का हवाला दिया गया जो यूरोपीय निर्माताओं को नुकसान पहुँचा रहे हैं। • बीजिंग ने चेतावनी दी कि ये टैरिफ World Trade Organization के नियमों का उल्लंघन करते हैं और यूरोपीय कृषि आयात पर जवाबी कार्रवाई की धमकी दी, जिससे इन दो आर्थिक ब्लॉकों के बीच व्यापारिक घर्षण बढ़ गया है। • अमेरिकी अधिकारियों ने यूरोपीय संघ के इस कदम का समर्थन किया, इसे स्वच्छ ऊर्जा उद्योगों के लिए आवश्यक सुरक्षा के रूप में देखा और चीन व्यापार नीति पर संभावित तालमेल का संकेत दिया।

US president accuses UK of thinking it can ‘make an easy buck’ from US tech companies, weeks after warning that UK–US trade deal can be changedDonald Trump has threatened to impose tariffs on the UK if it does not drop its digital services tax on US social media firms.The digital services tax, introduced in 2020, imposes a 2% levy on the revenues of several major US tech companies. Continue reading...

Claims system launches months after supreme court ruled Trump had no legal authority to impose tariffsSign up for the Breaking News US email to get newsletter alerts in your inboxThe Trump administration began on Monday accepting applications from businesses seeking refunds for more than $166bn in tariffs, months after the supreme court ruled that the president had no legal authority to impose them.The administration launched on Monday the digital claims system, named Cape, which they said in court filings could handle about 63% of affected import filings, with the remainder to follow. Continue reading...

Trump administration to launch online portal on Monday after supreme court struck down tariff policy earlier this yearDonald Trump said US negotiators will be in Pakistan on Monday, and he again threatened to destroy its power plants and bridges if no deal is reached.Trump did not say who would lead the delegation, but a White House official said it was vice-president JD Vance. Continue reading...

Decision to reduce duty-free quotas by 47% aimed at curbing Chinese importsThe EU is to go ahead with plans to double tariffs and halve quotas on imports of steel from July, in a move designed to curb Chinese imports but which could damage UK exports to the bloc.The decision by EU lawmakers and member states after late night talks on Monday, will reduce duty-free quotas by 47%. Exact country allocations have yet to be determined. Continue reading...

• US Treasury Secretary Janet Yellen met with Chinese Vice Premier He Lifeng in Geneva on April 8, 2026, to discuss de-escalating trade tensions after new US tariffs on Chinese EVs and semiconductors. • The talks addressed a $50 billion US trade deficit with China and Beijing's retaliatory duties on US agricultural goods, with both sides agreeing to a 90-day tariff freeze. • The negotiations matter as they could avert a global economic slowdown, with IMF warning of 0.8% GDP hit if tensions worsen; Wall Street rallied 1.2% on the news.

Health minister Mark Butler says federal government is ‘not negotiating’ when it comes to removing price protections on common medicationsGet our breaking news email, free app or daily news podcastAustralia will not cave in to pressure from pharmaceutical giants and the Trump administration by removing consumer price protections on common medications, the health minister, Mark Butler says.Donald Trump imposed a new 100% tariff on branded pharmaceuticals imported into the US overnight, Australian time, trying to force manufacturers to agree to drug-pricing deals or commit to making their products domestically. Continue reading...

New tax will hit branded drugs and active ingredients while exempting generics for at least one yearSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump is threatening 100% tariffs on pharmaceutical companies that have not struck deals to lower US drug prices.The new tariff will only apply to branded drugs and their active ingredients. Generic drugs, which make up more than 90% of medicines sold in the US, will be exempted from tariffs for at least one year. Orphan, veterinary and other specialty drugs are exempt if they are from trade deal countries or meet urgent public health needs. Continue reading...

• The Trump administration plans to implement tiered tariffs on steel and aluminum imports, with 50% duties on many derivative goods based on import value, 25% on others, and lower rates for some products. • This policy aims to protect US industry amid global trade tensions exacerbated by Middle East conflicts. • The measures could reshape international supply chains and provoke retaliatory actions from trading partners.

‘Partnership’ on drug pricing also gives patients in Britain greater access to potentially life-extending treatments British drug exports to the United States will escape tariffs imposed by Donald Trump as part of a controversial UK-US medicines deal that critics fear will mean less money for the NHS.The deal will also give patients in Britain greater access to potentially life-extending drugs because the rules have been relaxed to allow the NHS to pay more for particular treatments. Continue reading...

Last April, the president unleashed a tidal wave of tariffs on ‘liberation day’. Analysts say the policy has failed, even by the Trump administration’s own termsBefore Donald Trump declared “liberation day” on 2 April 2025 and shocked the world by raising import tariffs on nearly every country the US did business with, he had spent almost three months causing chaos in Washington.The wholesale slashing of government jobs under Doge (the “department of government efficiency”) and the defunding of US aid agencies had shown White House watchers that the US president was in a hurry to upset institutions he considered profligate or useless. Continue reading...

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete pricesOne of HS2’s biggest contractors has warned the government that raising tariffs on foreign steel imports will “exacerbate” cost pressures for the UK construction industry, amid growing concern over the £100bn railway’s rising budget.Ministers said last week they would double the tariffs on imported steel and slash the amount that can be bought from overseas, in an attempt to save Britain’s struggling steelmakers. Continue reading...

Business secretary announces new ‘steel safeguards’ during visit to Tata’s Port Talbot plantThe UK is to double tariffs on Chinese and other foreign steel in a bid to save its remaining plants from collapse.The new “steel safeguards” came weeks after bosses at Tata Steel in south Wales warned the government they had just two months to be saved. Continue reading...

As Iran war drives up cost concerns, thinktank says £3.7bn discount system should be developed before next winterThe UK government is facing calls to spend almost £4bn to launch a “social tariff” providing cheaper energy for poor households amid growing concerns over the Iran conflict.As households brace for an increase in living costs, the Resolution Foundation said ministers should develop a system of discounted domestic energy bills in time for next winter to protect the most vulnerable households. Continue reading...

• President Donald Trump launched a series of social media posts on Sunday night criticizing the U.S. Supreme Court as having 'RANSACKED' the country after it rejected his tariffs decision. • Trump acknowledged potential backlash, stating 'This statement about the United States Supreme Court will cause me nothing but problems in the future, but I feel it is my obligation to speak the TRUTH,' amid broader losses including failed prosecutions and coalition splits over Iran war. • The outbursts highlight Trump's frustration with judicial setbacks, such as U.S. District Judge James Boasberg tossing a grand jury subpoena against Fed Chair Jerome Powell on Friday.

President accuses court of having ‘unnecessarily RANSACKED’ the US and claims he has ‘absolute right’ to impose new tariffsSign up for the Breaking News US email to get newsletter alerts in your inboxGood morning and welcome to the US politics liveblog.In a late-night social media post, Donald Trump has claimed he has the “absolute right” to impose new tariffs after the supreme court ruled many of the import duties he imposed last year were illegal.Our Supreme Court has made these Countries very happy but, as the Court pointed out, I have the absolute right to charge TARIFFS in another form, and have already started to do so.” Continue reading...

US supreme court has ‘ransacked’ the country, president argues, in wake of its ruling against his trade agendaDonald Trump has claimed he has “the absolute right” to impose new tariffs after the US supreme court ruled many of the import duties he imposed last year were illegal.The president attacked the court in a late night broadside on Sunday, accusing it of having “unnecessarily RANSACKED” the US – and failing to show him sufficient loyalty. Continue reading...

• The Trump administration is using Section 301 of the 1974 Trade Act to investigate foreign factory capacity and forced labor, aiming to offset $1.6 trillion in tariff revenue lost due to a Supreme Court ruling on February 20. • Public hearings are scheduled for May 5 on factory capacity and April 28 on forced labor, with the goal to complete probes before the current 10% import tariffs expire in 150 days. • Trump imposed a temporary 10% tariff on all imports post-ruling, plans to raise it to 15%, but faces challenges from two dozen states; remaining tariffs on China, Canada, steel, lumber, and cars expected to yield $668 billion over a decade.

Democratic leaders project that President Trump's proposed tariffs on imports will increase costs for the typical American family by more than $2,500 per year, exacerbating affordability challenges amid midterm election debates. The estimate factors in higher prices for consumer goods, with critics linking it to broader economic policies including energy waivers. GOP supporters counter that tariffs protect domestic industries and jobs, though polls show voter concerns over inflation. This fiscal warning intensifies partisan divides as Congress considers related legislation.

A Friday report from congressional Democrats highlights that President Trump's tariffs, enacted after Supreme Court invalidation of prior measures, could impose over $2,500 in annual costs on average U.S. households amid efforts to replace lost federal revenue. The analysis critiques the policy as regressive, exacerbating affordability pressures from recent economic strains like energy prices. Trump administration officials defend the tariffs as essential for domestic industry protection and national security. The report fuels midterm election debates on fiscal policy as Democrats push alternative revenue strategies.

A Friday report from congressional Democrats reveals President Trump's expanded tariffs, following Supreme Court invalidation of prior measures, could impose over $2,500 in annual costs on average U.S. households amid efforts to replace lost federal revenue. The analysis highlights economic burdens as Trump pushes replacements for struck-down tariffs, exacerbating affordability concerns. This development matters as it fuels partisan clashes ahead of midterms, with Democrats using the figures to critique GOP economic policies. Upcoming congressional hearings may scrutinize the report's projections and potential legislative offsets.

UK's elimination of offshore wind tariffs announced March 13, 2026, creates tailwinds for US renewables including wind, solar, ESS, and nuclear sectors. Domestic companies stand to gain from enhanced global competitiveness and supply chains. This development counters broader market caution with sector-specific optimism. Investors monitor policy spillovers to US energy incentives.

Lawmakers in nine states introduced more than fifteen tariff disclosure bills in 2026, requiring businesses to display tariff costs on receipts or vehicle labels amid midterm election pressures. Oregon's HB 4061 would provide grants to small businesses affected by federal tariffs, while both Democrats and Republicans target algorithmic pricing software in states like Illinois (HB 4717), Ohio (SB 328), Tennessee (SB 1807), and Utah (SB 293). These measures aim to address constituent concerns over rising living costs by promoting transparency in pricing practices potentially enabling price collusion. Additional bills in Colorado (HB 1210) and Maryland (HB 148) extend restrictions to workplace algorithms used for wage setting.

The Trump administration initiated a second round of tariff investigations targeting 60 economies on March 13, 2026, aiming to rebuild its trade regime amid rising protectionism. US Treasury volatility jumped to a nine-month high, fueled by inflation concerns from oil shocks and trade tensions. Daimler Truck plans to offset tariff costs by increasing US content in Mexico-assembled trucks, as stated by CFO Eva Scherer. This escalation signals potential new duties that could impact global supply chains and corporate costs.

Daimler Truck announced plans on March 13, 2026, to increase US content in its Mexico-assembled trucks to mitigate tariff burdens from the Trump administration's new probes. CFO Eva Scherer stated in an interview that the company is 'constantly looking at how we keep strengthening our US content.' This move addresses rising trade barriers amid oil-driven inflation. Analysts expect similar supply chain shifts across the auto sector as tariffs loom.