#tariffs

#tariffs

Hoka recorded $653 million in revenue for the first quarter of fiscal 2026, marking the largest quarter in its history and a 20% year-over-year growth.

Temu, once stifled by tariffs, has surged back to the top of App Store rankings in the U.S. after resuming digital ad spending, which was previously halted. Daily visits to Temu.com are increasing following the brand's renewed advertising efforts.

The €1bn reduction in VAT for the hospitality sector is to be delayed until July 2026, aimed at allowing ministers room for other tax cuts.

Ontario Premier Doug Ford, who is hosting the meeting, arrived Monday just before lunch to chair the first day of talks with Indigenous leaders, including Assembly of First Nations National Chief Cindy Woodhouse Nepinak.

Philippine President Ferdinand Marcos Jr will meet United States President Donald Trump this week, hoping Manila's status as a key Asian ally will secure a more favourable trade deal.

Trump's reliance on tariffs over sanctions has been referred to as both 'the world's worst bet' and 'a powerful proven source of leverage' for national interests.

President Trump’s threats of a 30% tariff on EU imports are causing EU firms to re-evaluate their strategies, while the UK benefits from a unique trade position.

Commerce Secretary Howard Lutnick emphasized that a large percentage of Canadian goods enter the U.S. tariff-free under the USMCA, stating that 75% of goods are tariff-free.

Wells Fargo economists noted that there has been a decline in discretionary spending on services, a trend historically observed during or immediately after recessions.

The ink was barely dry on President Donald Trump's April tariff missive, when owners of independent nail polish brands sounded the alarm that the changes could chip away at their businesses.