Trump to lower tariffs on India
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Several large American manufacturers are thriving despite the threat of higher costs. Smaller ones are struggling.
Smartphones sit at the center of Trump’s tariff story because they combine high prices, frequent upgrades and heavy reliance on Chinese production. CTA’s report estimates, highlighted by Variety, suggested tariffs could push average smartphone prices about 31% higher than they otherwise would be.
When the Supreme Court granted an unusually quick hearing over President Donald Trump’s tariffs, a similarly fast resolution seemed possible.
Husqvarna's CEO Glen Instone said on Wednesday trade tariffs are now "part of doing business" and that the Swedish garden gear maker would need to continue passing higher costs on to customers if the measures remain in place.
President Donald Trump said that he was hiking tariffs on imports from South Korea, complaining that "South Korea's legislature is not living up to its deal."
Mexico has found itself walking a diplomatic tightrope after US President Donald Trump threatened to impose tariffs on countries that send oil to Cuba.
Levies on imports were supposed to bring back a golden age of U.S. manufacturing. They haven’t worked, so far.
Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.