Tag: US tariff

The Philippines is weighing whether to push for a coordinated regional response to Washington’s newly announced 15 percent global tariff, as trade talks continue and no formal position has been adopted.

Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.

For spirit producers like Brown-Forman, maker of Jack Daniel's whiskey and other alcoholic beverages, the news felt like a splitting headache after a long night. On Wednesday, shares of Brown-Forman dropped 5% due to the escalating trade tensions between the U.S. and some of its closest allies.