Tariffs

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Trump Says Tariff Revenue Will Fund Relief for US Farmers

President Donald Trump said his administration will use funds collected from tariffs to assist beleaguered US farmers, who have thus far been hit hard by his trade policies.

By Skylar Woodhouse

S&P 500 Set for Longest Losing Streak in a Month: Markets Wrap

Stocks fell as valuation worries overshadowed data showing the economy is holding up. The figures didn’t have much of an impact on Federal Reserve bets, but bond yields kept rising after a weak Treasury sale.

Germany’s Industry Crisis Deepens as Bosch Cuts 13,000 Workers

Robert Bosch GmbH’s plan to slash 13,000 additional jobs shows how the German auto industry’s decline is rippling through Europe’s biggest economy.

US to Scrutinize Farm Input Suppliers on Cost Surge

US Agriculture Secretary Brooke Rollins said the US will investigate suppliers of crop inputs such as seeds and fertilizers for potential antitrust violations, sending share prices plunging.

CarMax Plunges on Used-Car Stress in Ominous Sign for Economy

CarMax Inc. shares tumbled the most in three years after the company’s weaker-than-expected results showed deepening strain in the used-car market.

Pecans Are Latest Trade Focus as China Probes US, Mexico Exports

Pecans have become the latest focus of global trade tensions, with China opening a probe into shipments of the nut from the US and Mexico.

Fed’s Goolsbee Warns Against ‘Front-Loading’ Interest-Rate Cuts

Federal Reserve Bank of Chicago President Austan Goolsbee expressed continued concern about tariff-driven inflation and pushed back against any call for “front-loading” multiple interest-rate cuts.

Rare Earths CEO Says China Must Keep Role as Major Supplier

China should remain an important link in the global supply chain for rare-earth products given its technical expertise and competitiveness, according to Neo Performance Materials Inc., a major western maker of critical materials.

China Launches Trade Barrier Probe Into Mexico Over Tariff Plan

China launched a trade barrier investigation into Mexico after the Latin American country announced plans to impose tariffs of as much as 50% on Chinese cars and other products.

Milei Tax Cut on Crops Lures Quick $7 Billion Into Argentina

Argentina’s currency market is being flooded with dollars from grain purchases, prompting calls for the government to start rebuilding its stock of hard-currency reserves after selling more than $1 billion last week.

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