The technology giant estimated that U.S. import taxes could add about $900 million to its costs in the current quarter.

Modi’s endorsement not only bolsters the port-to-power Adani conglomerate, it also signals that the overhang around the U.S. indictment could be easing for Asia’s second-richest person.

The announcement comes on the day the U.S. canceled the de minimis rule.

Roughly $2 billion in added costs from tariffs are expected to come from vehicles imported into the U.S. from Canada, Mexico and South Korea.

De minimis imports have surged dramatically since 2018, with China accounting for nearly two-thirds of 2.3 billion duty-free shipments between 2018 and 2021.

President Donald Trump’s new taxes on imports — including a 25% tariff on imported cars — are already weighing heavily on the economy.

The infrastructure to educate and entice manufacturing workers simply doesn't exist, while the Trump administration has sought to deport the very people who would want those jobs the most.

A look at the ripple effect of tariffs on trade and tax policy, with two experts from EY: Jeroen Scholten, global trade leader, and Jay Camillo, global operating model effectiveness leader.

Trump on April 29 signed directives to lessen the blow of tariffs he’s enacted targeting the auto industry.

Auditors warned of a strategy that's been far too fragmented, especially given that the EU's 2022 Chips Act had no mandates for coordinated national investments or funding streams.