#us-tariffs

#us-tariffs

President Karin Keller-Sutter is leading a delegation to Washington to negotiate U.S. tariffs that are set to greatly affect Swiss industries like chocolates, machinery, and watchmaking.

Google remains a dominant force in the advertising market, with a Q2 revenue of $96.4 billion. Core platforms like Search and YouTube saw growth of 12% and 13% respectively.

Tariffs add complexity for any business looking to trade internationally - and for small businesses, even a slight increase in costs or red tape can tip the balance. SME owners tend to be open-minded and opportunity-driven, but they also work with tight margins and limited time.

Lingering uncertainty over U.S. tariff decisions could continue to dampen sentiment around forward demand, urging traders to monitor developments, especially with the EU.

Analogue has announced the shipping delay of its Analogue 3D console until late August due to sudden tariffs that have affected its supply chain.

"Due to import tariffs the company is currently unable to sell the Volvo ES90 profitably in the United States, while ES90 margins are also under pressure in Europe for the same reason."

Anthony Albanese's visit aims to enhance ties with China, Australia's largest trading partner, with a particular focus on boosting jobs through trade and collaboration.

Industry Minister Melanie Joly confirmed that talks are ongoing between the federal government and Rio Tinto regarding financial support due to U.S. tariffs on steel and aluminum.

Trump emphasized, "By the ninth they'll be fully covered," referring to a July 9 deadline for countries to reach deals to avoid higher import duties.

The affected employees are part of its store support centres, as Lululemon evolves its organizational structure to operate with more agility and further invest in growth.

"The surge in Swiss watch exports to the US, despite the backdrop of Trump-era tariffs, is a clear indication of the unique resilience and desirability of luxury timepieces among affluent American consumers."

"Saudi Arabia should be sending their trade representatives to the Trump administration right now, asking, 'what was China providing you? Tell us what it is and we will make it in Saudi Arabia'."

I, too, am committed to peace. Because peace is priceless and war has no winners. But when it comes to seeking peace, we cannot have dreams or illusions.

US tariffs will negatively impact our businesses' profitability. We are considering how we, as associations, and the UK government could best support businesses at this time.

Honda Motor Co. has revised its forecast for a 59% profit decrease this financial year, citing challenges from U.S. tariffs and rising competition from Chinese EV producers.

Trump has suggested an 80% tariff on Chinese goods, a significant reduction from the 145% imposed last month, but still makes imports expensive.

Recruitment fell once again in April as uncertainty around US tariffs added to the UK's hiring woes, with contract and permanent roles both declining.

The unemployment rate in Ontario fluctuated between 7.3% and 7.6% in early 2024, indicative of a fragile economy facing significant external pressures.