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US Businesses Brace for More Pain as Trump Rolls Out Reciprocal Tariffs

U.S. President Donald Trump announced a slew of reciprocal tariffs on trading partners on Wednesday, the latest in a series of extensive duties imposed since his return to the White House earlier this year. The U.S. will now impose a 10% baseline tariff on all imports to the country effective April 5 and higher duties …

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Trump’s Tariffs Already Have a Major Carve-Out – Oil and Gas

 Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have been excluded. The baseline of 10% on all imports to the United States, and higher for many major trading partners, won’t apply to crude oil, natural gas and refined products, the White House said on Wednesday. …

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