Whopping $82.3 billion cost? Donald Trump’s tariffs may hit US employers in a big way, says JPMorganChase Institute analysis
Wednesday, 2 July 2025 () A recent report indicates that US employers could face an $82.3 billion bill due to President Trump's tariffs, potentially leading to price increases and layoffs. The JPMorganChase Institute's study challenges claims that tariffs burden foreign manufacturers, highlighting the impact on mid-sized firms reliant on imports.
In a massive second-term victory, U.S President Donald Trump’s $4.5 trillion “Big Beautiful Bill” has officially cleared the U.S. Congress. Passed by a narrow margin of 218–214 in the House, the legislation delivers sweeping tax cuts, permanent extensions of his 2017 reforms, and major...
President Donald Trump is set to send “take-it-or-leave-it” tariff warning letters to 12 nations as trade talks stall and a July 9 deadline looms. The White House confirms tariffs could rise to as..
US President Donald Trump has described Russian President Vladimir Putin as “a professional” who has effectively handled Western sanctions amid the ongoing Ukraine conflict. The remarks followed a..
Donald Trump has hinted that a ceasefire between Israel and Hamas could be finalized as early as next week. Following Hamas’ positive response to a U.S.-backed plan mediated by Qatar and Egypt, both..
Wednesday, 2 July 2025 ()
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