Sign in Subscribe

tariff

Tech shares rebound as markets weigh AI impacts

Tech shares rebound as markets weigh AI impacts

Tech shares bounced on Tuesday following the prior session's selloff as markets weigh the impact of artificial intelligence on incumbent technology companies while navigating tariff uncertainty. After losing more than one percent Monday, major US indices began tentatively Tuesday before catching their stride later in the morning. The

FedEx joins companies seeking tariff refunds as litigation looms

(The Center Square) – FedEx joined the growing list of companies seeking tariff refunds as confusion over President Donald Trump's latest tariffs continues and the refund process begins. The Tennessee-based shipping giant asked the U.S. Court of International Trade in New York for a full refund, but

US told EU it 'stands' by tariff deal: trade chief

US told EU it 'stands' by tariff deal: trade chief

The EU's trade chief said Tuesday his US counterparts had told him Washington stands by a key trade deal with the bloc, following an adverse Supreme Court decision on President Donald Trump's tariffs. After the Supreme Court ruled Friday Trump lacks authority to impose levies under

US stocks tumble on tariff fog, worries over AI

US stocks tumble on tariff fog, worries over AI

Wall Street stocks finished sharply lower on Monday following an ugly session dogged by worries over US tariff uncertainty and the potential hit to legacy companies by artificial intelligence. On Friday, US stocks had taken in stride a Supreme Court ruling blocking many of US President Donald Trump's

Trump's newest tariffs could cost U.S. families $600 or more

(The Center Square) – Consumers and U.S. businesses will continue to pay the bulk of President Donald Trump's tariffs under an untested federal law likely to spark new legal challenges. New analysis suggests the average U.S. household would lose $600 to $800 under the president’s most

European Union puts U.S. trade deal on hold after Supreme Court ruling

(The Center Square) – The European Union on Monday halted plans to finalize a trade deal with the U.S. after the U.S. Supreme Court said the bulk of President Donald Trump's tariffs were illegal. The EU's decision is the most significant fallout yet from the

EU puts US trade deal on ice after Supreme Court ruling

EU puts US trade deal on ice after Supreme Court ruling

European Union lawmakers Monday put a key trade deal with the United States on hold, demanding clarity after a Supreme Court ruling struck down many of President Donald Trump's tariffs. The move came as Trump warned that countries seeking to "play games" with tariffs risked much