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Italy farm lobby worried about U.S. tariffs’ impact on Prosecco and Parma ham
U.S. tariffs on European Union food products would cause "billion of dollars of damage" for Italy's prized agricultural exports including Parma ham and Prosecco wine,…
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Lindt to supply chocolate to Canada from Europe to sidestep tariff hit
Swiss chocolate maker Lindt & Spruengli will supply chocolate to Canada made in Europe to avoid Canadian tariffs imposed to counter the higher U.S. customs…
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Best Buy warns of potential price increases as fresh US tariffs roll in
Best Buy warned of the possibility of higher prices for American shoppers as President Donald Trump's new duties came into force on Tuesday, while the…
As Trump tariffs arrive, companies brace for more uncertainty
Business executives have been in a state of limbo over Donald Trump's fluctuating plans to impose major tariffs since he took office in January. Tuesday's…
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US agricultural exports/imports threatened by Trump trade actions
U.S. President Donald Trump slapped 25% tariffs on imports from Mexico and Canada on Tuesday and doubled duties on Chinese goods to 20%, triggering retaliation…
Canada imposing 25% tariffs on $30 billion of US imports, Trudeau says
Canada is imposing 25% tariffs on C$30 billion worth of U.S. imports effective immediately, Prime Minister Justin Trudeau told reporters on Tuesday.
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Hershey says ICE cocoa futures market is disconnected from reality
Chocolate maker Hershey Co said the ICE New York cocoa futures market is disconnected from the reality of the global physical market due to exchange…
Trudeau tells Trump that tariffs are ‘very dumb,’ says Canada striking back
Prime Minister Justin Trudeau told U.S. President Donald Trump on Tuesday that his new tariffs on Canadian imports were "a very dumb thing to do"…
Sweeping tariffs undermine economic stability for American companies and consumers
The American Apparel & Footwear Association responds to 25 percent additional tariffs on virtually all U.S. imports from Canada and Mexico and 10 percent tariff…
USCBC responds to Trump Administration’s increase of US tariffs on China
The US-China Business Council (USCBC), a private, nonpartisan, nonprofit organization of around 270 American companies that do business in China, today responded to President Donald…