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Trump tariffs stunt US toy imports as sellers play for time
Trump tariffs stunt US toy imports as sellers play for time
by  AFP

Josh Staph fears the fun-packed shelves of his toy warehouse might start looking joyless in the months ahead, with made-in-China flying discs and model gliders grounded -– like much of his product line –- by Donald Trump's tariffs. "Things have ground to a halt," said Staph, chief executive of Duncan Toys Company, which has a warehouse in Indiana.

Taxes on super rich and tech giants stall under Trump
Taxes on super rich and tech giants stall under Trump
by  AFP

Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms under President Donald Trump. The billionaire real estate tycoon has pulled the United States out of an international deal on taxing multinationals and threatened tariffs on countries that target US tech giants.

Tariffs could lift Boeing and Airbus plane prices even higher
Tariffs could lift Boeing and Airbus plane prices even higher
by  AFP

Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are poised to climb further as Boeing and Airbus are buffeted by trade tariffs. To resolve a labor strike, Boeing late last year agreed to a new contract with its Seattle-based machinist union that lifted wages by 38 percent over four years.

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