Tariff

• De Amerikaanse handelshof oordeelde op 7 mei 2026 dat de nieuwste tarieven van 10% van president Trump de grondwettelijke bevoegdheid schenden, wat een aanzienlijke juridische tegenslag vormt voor het handelsbeleid van de regering. • De beslissing van het hof betwist direct de bevoegdheid van Trump op het gebied van tarieven en zou de regering kunnen dwingen om haar handelsmaatregelen via het Congres te wijzigen of te rechtvaardigen. • De uitspraak komt op een moment dat Trump een deadline van 4 juli heeft gesteld aan de EU om tot een handelsakkoord te komen, wat druk zet op zowel binnenlandse als internationale handelsonderhandelingen.

Trump sets Fourth of July deadline as he vents impatience at speed of EU’s implementationDonald Trump has said the EU must ratify its trade deal with the US by 4 July or face “much higher” tariffs, after European officials fell short of agreement on the pact.Trump said he spoke to the EU chief, Ursula von der Leyen, about the issue and, he posted on his Truth Social platform, “agreed to give her until our Country’s 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels”. Continue reading...

Trump also issues new deadline for EU to implement trade deal terms before raising tariffs to ‘much higher levels’The US trade court on Thursday ruled against Donald Trump’s latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law.The US Court of International Trade ruled in favor of small businesses that challenged the tariffs, which took effect on 24 February. The ruling was 2-1, with one judge saying it was premature to grant victory to the small business plaintiffs. Continue reading...

Appliance giant slashes earnings forecast and hikes prices by 10% with another 4% spike plannedWith the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business.The company known for brands such as KitchenAid, Maytag and its namesake, said that the Iran war led to a “recession-level industry decline” in America as consumer confidence collapsed in late February and March. Revenue dropped nearly 10% in the quarter as sales of major appliances in North America declined more than 7%. Continue reading...

• Asia-Pacific merger and acquisition deal values have collapsed to $127 billion, marking a significant decline triggered by major tariff announcements across the region. • The tariff shock has disrupted corporate transaction activity, with financial advisers reporting substantial pullback in deal pipelines as companies reassess expansion strategies amid trade uncertainty. • Investment banks including JPMorgan and Houlihan Lokey are recalibrating their M&A advisory strategies, with deal values falling sharply compared to earlier 2026 forecasts.

• President Trump announced a 25% tariff on European Union automobiles, citing the bloc's failure to comply with existing trade agreements. • The administration claims the EU breached trade terms, prompting the tariff increase as a enforcement mechanism. • The move escalates trade tensions between the US and EU, potentially affecting auto manufacturers and consumers across both regions.

US president says tariff on cars and lorries will rise to 25% and accuses European Union of non-complianceDonald Trump has said he is tearing up part of the tariff deal he struck with EU leaders at his golf course in Scotland last summer, criticising Brussels for taking so long to ratify the deal.Blindsiding Brussels late on May Day bank holiday on Friday, he announced that he would be increasing tariffs on cars and lorries imported into the US from the EU from 15% to 25% from next week. Continue reading...

Labour called SNP first minister John Swinney ‘shameless’ for claiming credit when it was the result of king’s US visitDonald Trump’s announcement that he will lift punishing US tariffs on scotch whisky has been overshadowed by a row between rival Scottish party leaders over claiming credit for the decision.The whisky industry and business leaders were delighted by the US president’s sudden announcement on his Truth Social network on Thursday that he would end the tariffs to mark the visit by King Charles and Queen Camilla. Continue reading...