World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 62
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What consumers can expect from import taxes as the US sets new tariff rates
It’s been almost 100 years since the U.S. had tariffs at the level they could reach next Friday.

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Wall Street falls the most since May after employers slash hiring and tariffs roll out
The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners.

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Trump signs order imposing new tariffs on a number of trading partners that go into effect in 7 days
President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades.

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Appellate judges question Trump’s authority to impose tariffs without Congress
Appellate court judges expressed broad skepticism Thursday over President Donald Trump’s legal rationale for his most expansive round of tariffs.

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Trump announces 25% tariff on India and unspecified penalties for buying Russian oil
The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald Trump said Wednesday.

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U.S. economy grew in second quarter as tariffs scrambled data
Economic growth softened in the first half of the year, as tariffs and uncertainty upended business plans and scrambled consumers’ spending decisions.

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US stocks dip and break Wall Street’s record-breaking, weeklong run
Wall Street’s record-breaking, weeklong run ran out of momentum on Tuesday.

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Analysis: Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%
As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2% to 4.5%.

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How the US-EU trade deal wards off more escalation but will raise prices and slow growth
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1.

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Tariffs on South Korea’s products threaten the ‘K-beauty’ boom in the US
When Amrita Bhasin, 24, learned that products from South Korea might be subject to a new tax when they entered the United States, she decided to stock up on the sheet masks from Korean brands like U-Need and MediHeal she uses a few times a week.
