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Trump Sets Tariff on Philippines

Reuters on MSN · 37m

US, China to discuss tariff deadline extension as Trump reaches Philippines deal

U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal, U.S. Treasury Secretary Scott Bessent said on Tuesday as President Donald Trump announced a deal with the Philippines and released terms of a previous deal with Indonesia.

BBC on MSN · 22m

Philippines goods to face 19% tariff, Trump says

The new rate is higher than what Trump had threatened when he first unveiled sweeping global tariffs in April.

USA TODAY on MSN · 3h

Trump announces trade deal with Philippines and 19% tariff

President Donald Trump announced a trade deal July 22 with the Philippines, hours after the leader of the country paid a visit to the Oval Office ahead of an Aug. 1 reciprocal tariffs deadline. The Southeast Asian country would pay a 19% tariff, Trump said.

General Motors absorbs $1.1 billion in tariff costs

MarketWatch on MSN · 10h

General Motors absorbs $1.1 billion in tariff costs as profit tops estimates

Auto giant’s stock falls in premarket trading after it reveals $1.1 billion in tariff costs in the second quarter, despite mitigation efforts.

USA Today · 10h

General Motors' Q2 profits drop $1.1B after taking tariff hit

General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.

The Wall Street Journal on MSN · 1h

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors said Tuesday that new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line. The company reported net income shrank 35% in the second quarter as President Trump’s automotive tariffs weighed on the company.

3hon MSN

GM’s $1.1 billion tariff hit bolsters mounting evidence that Americans are the ones footing the bill for Trump’s import taxes

General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...

4hon MSN

A complete timeline of Trump's tariff implementation strategy across the globe

April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a ...

7hon MSN

China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be ...

1h

Hologic Q3 Preview: Tariff Pressure And Undervalued Stock Price, Initiate With Buy

Hologic's strong diagnostic portfolio, recurring consumables revenue, and expanding assay menu support long-term growth in ...

5hon MSN

Trump's economic team sees job growth and tariff success amid Powell feud

New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to ...

1hon MSN

Canadian National Railway Lowers 2025 Outlook Amid Tariff Uncertainty

The freight railway company reported a decline in second-quarter revenue and lowered its 2025 earnings guidance, citing ...

CNET on MSN4h

CNET Daily Tariff Price Impact Tracker: I'm Watching 11 Key Products for Inflation

A new report found inflation on the rise in June, renewing concerns that inflation is roaring back thanks to Donald Trump's ...

3h

3 Tariff Resistant Stocks From Steven Cress

Steven Cress' top three picks to hedge against tariff pressure are ATI Inc., Sterling Infrastructure, and Bank of America, ...

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