To mitigate the tariff impacts, Hasbro is working to reduce the U.S. toys and games it gets from China from around 50% now to less than 40% by 2027. And it’s planning to bring more production to the United States — something President Donald Trump has pushed companies to do.

German sportswear brand Puma expects to make a loss this year, it said on Thursday, slashing its financial outlook due to weaker sales and an expected hit to gross profit from the impact of U.S. tariffs.

Confident that his right-wing populist policies would help win him favor with Trump’s administration, Orbán said in an interview in April that while tariffs “will be a disadvantage,” his government was negotiating “other economic agreements and issues that will offset them.”

US polls track President Donald Trump's current approval rating. How do polls say Americans feel on Trump in Epstein files? Tariffs? What we know today

German sportswear brand Puma revised its 2025 full-year financial outlook on Thursday, citing weaker-than-expected topline growth and anticipated impacts from U.S. tariffs.

The price hike is hitting U.S. manufacturers and contractors that rely on steel components.

Higher inflation data could soon fuel market volatility. While that can be scary, it pays to stick with your diversified mix of stocks and bonds.

General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import duties to explain smaller profits.

Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports.

Whisky tariffs for exports to India have been slashed in half, from 150% to 75% giving the UK an advantage over international competitors.

US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.