Lori Ann LaRocco reports: A $3.6 billion shortfall in U.S. Customs bonds, a direct result of Trump's tariff policies, strains importers. Requirements doubled since 2019, revealing a complex financial burden on companies. Read more on this economic impact. https://www.cnbc.com/2026/02/12/trump-tariffs-us-customs-record-bond-funding-issues-flagged.html #Trade #Tariffs #Economy #Customs #Imports

The foreign #trade turnover of #Latvia totalled EUR 42.73bn in 2025, which was up 5.4% from 2024, the Central Statistical Bureau reported. The total value of #exports amounted to EUR 19.54bn (up 3.7%) and #imports to EUR 23.19bn (up 6.9%).

https://viabaltica.fi/latvia-foreign-trade-up-5-4-in-2025-statistics/

US President Trump revokes 25% tariff on Indian imports after reviewing India`s actions on Russian oil https://english.mathrubhumi.com/news/world/us-revokes-india-tariffs-russian-oil-purchase-c3e6wo1n?utm_source=dlvr.it&utm_medium=mastodon #trump #russianoil #imports #tariff

But growth rebounded in the second half of the year. From April through June, the #economy expanded at a healthy 3.8% pace. And from July through September, it grew even faster — 4.4%. A big part of the surge was a drop in #imports, likely reflecting #Trump’s #tariffs as well as the fact that importers had already stocked up at the start of the year. Strong consumer spending also drove economic growth.

#economy #inflation #CostOfLiving #affordability #FactCheck #TrumpLies

Faced with dwindling gas storage levels and a heavy dependence on U.S. liquid natural gas (LNG), Saxony's Minister-President Michael Kretschmer (CDU) has called... https://news.osna.fm/?p=33257 | #news #amid #calls #coe28282tax #imports

Plastique Boutique #Vlog 002: We Want To Pay Tariffs! brought to you by the #PlastiqueBoutique https://plastiqueboutique.com/plastique-boutique-vlog-002-we-want-to-pay-tariffs/?utm_source=mastodon&utm_medium=social&utm_campaign=ReviveOldPost #Toys #PlastiqueBoutique #FlippingLife #DollCollection #ToyCommunity #eBayStores #ToyCollection #Imports #eBaySellers #ToyStore #ComicBooks #Bearbricks #Thrifting #ActionFigures #Transformers #Flipping #eBaySeller #ToysAndHobbies #ThriftingLife #ToyCollector #eBayStore #eBay #ToyStores #Marvel #Dolls

Merz looks to Gulf ties to curb Germany’s reliance on the US – POLITICO

“After Russia’s war of aggression, we have learned the hard way that exce…
#NewsBeep #News #Headlines #China #DonaldTrump #Energy #EnergySupply #FriedrichMerz #Germany #greenland #hydrogen #imports #Liquefiednaturalgas #LNG #MiddleEast #Migration #NaturalGas #Pipelines #ports #Qatar #Russia #SaudiArabia #Security #spectrum #Trade #TradeAgreements #UnitedArabEmirates #UnitedStates #War #World
https://www.newsbeep.com/385061/

Mapped: Which #Countries Rely Most on #Imports

https://www.visualcapitalist.com/map-which-countries-rely-most-on-imports/

The Effects of Tariffs, One Year Into Trump’s Trade Experiment – The New York Times

The Effects of Tariffs, One Year Into Trump’s Trade Experiment

Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration.

Listen to this article [online link to listen, see URL at end] · 5:39 min Learn more

Note: Data is through Oct. 2025. Source: U.S. International Trade Commission. The New York Times.

By Ana Swanson

Ana Swanson covers international trade and reports from Washington.

Feb. 2, 2026, Updated 11:34 a.m. ET

Over the past year, President Trump carried out what was essentially a grand experiment with the U.S. economy, by raising tariffs to levels not seen in a century. It was an exercise that pitted Mr. Trump, a longtime proponent of tariffs, against business owners who paid the levies and mainstream economists who criticized the plan.

America imports trillions of dollars of foreign goods each year, and tariffs are a tax on those purchases. Over the past year, Mr. Trump raised average U.S. tariffs to about 17 percent, the highest level since 1932, in the wake of the 1930 Smoot-Hawley Tariff Act. Mr. Trump’s stated aim was to reinvigorate American industry and bring jobs back to the United States.

These new surcharges have had a significant impact. They have caused businesses to speed up, delay and cancel purchases, or find new countries to source products from. They have raised a significant amount of revenue for the government, much of it from American businesses. And they have caused the U.S. trade deficit to shrink and prices of American goods to rise. At the same time, they have not yet been the panacea for the factory sector that Mr. Trump had promised.

Here are some of the effects.

Skyrocketing revenue

One of the most tangible effects of Mr. Trump’s trade policy has been a drastic increase in the revenue the government takes in from tariffs. The United States collected an estimated $287 billion in customs duties, taxes and fees last year, nearly triple the amount in 2024.

Source: Treasury Department. The New York Times.

This amount is still small compared with the more than $2 trillion earned annually from income taxes, but it gives the government a significant new source of money for its spending, whether that’s funding the military or Social Security, or paying interest on the U.S. debt.

There’s an important caveat, however. This money was paid to the government by so-called “importers of record,” most of which are American companies.

While the Trump administration has said that foreign firms will end up paying the tariffs, most economists believe that American businesses and consumers bear most of the burden.

Editor’s Note: Featured image at top is WP AI. –DrWeb

Continue/Read Original Article Here: The Effects of Tariffs, One Year Into Trump’s Trade Experiment – The New York Times

The US trade deficit soared to $56.8 billion in November 2025, nearly doubling from the previous month and marking the sharpest increase in 34 years, as imports surged and exports declined.
#YonhapInfomax #TradeDeficit #USDepartmentOfCommerce #GoodsBalance #Exports #Imports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102886

China suspended #imports of Irish #beef due to a #bluetongue virus outbreak in #cattle. Bluetongue has a #mortality rate up to 60%. Previously #China had closed their market to Irish beef in 2024 after a case of #MadCow disease was discovered in Ireland: www.irishtimes.com/business/eco... #health

China suspends Irish beef impo...