Fashion
No De Minimis Jolt Yet on Footwear, But Shein and Temu Could See Profound Impacts
has yet to see the full impact from the removal of the de minimis trade exception. That’s expected to change, particularly when combined…
Tag
Tariffs
News
Coffee drinkers face new jolt as tariffs fuel price hike
Companies are indicating that price hikes may have to follow suit if levies remain in place Consumers already shelling out more for their…
Business
Oil edges up on US crude stocks drop, impact of US tariffs on India
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors…
Lifestyle
Destination XL to Reduce Percentage of National Brands
National brands are about to get less play in Destination XL stores. On Wednesday, the Canton, Mass.-based men’s big and tall retailer…
Business
PVH Corp. Talks Tariff Mitigation Efforts
PVH Corp., the parent company of Calvin Klein and Tommy Hilfiger, may have nudged up its sales forecast for next year, but it is still…
News
Trump’s Tariffs Could Damage a Key Alliance—and Spike Your Drug Costs
In addition, the tariffs seem selective. China, the other major buyer of Russian oil, has faced no equivalent penalties. Why pick on India…
News
The New Medicine Tariffs Are a Prescription for Disaster
They’ll make Americans sicker, poorer, and less innovative. Source link
News
25 countries suspend postal services to US over tariffs: UN
At least 25 countries have decided to suspend package deliveries to the United States, as concern grows over the impact of US President…
News
Oil falls 2% from nearly three-week high; focus on tariffs, Russian supply
Oil prices fell 2 per cent on Tuesday, erasing gains from the previous session, as investors watched developments around US tariffs, the…
News
Consumer confidence fell in August as worries over job market, tariffs grew
Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month.…
News
Trump says 15% tariffs on South Korea won't change after meeting with President Lee Jae-myung
President Trump said the U.S. trade deal with South Korea will remain in place, with 15% tariffs on South Korean goods, after meeting…
News
What Jamieson Greer Gets Wrong About Trump’s New Trade System
The U.S. trade representative’s New York Times article defending Trump’s trade policy makes several grievous errors. Source link
News
Furniture Stocks Likely to Extend Losses After Trump Threatens New Tariff Rate on Sector
The prospect of new tariff hikes continues to threaten the global furniture industry. Late Friday, U.S. President Donald Trump said on…
News
Trump says U.S. sanctions, tariffs could be coming if Putin, Zelenskyy fail to meet soon
President Trump said he'll consider "massive" sanctions and tariffs if Russian President Vladimir Putin and Ukrainian President Volodymyr…
News
Canada withdraws retaliatory tariffs on U.S. goods to facilitate trade talks
Prime Minister Mark Carney said Canada is withdrawing reciprocal tariffs on U.S. goods, hoping to soften the ground before a review of the…
Business
Walmart expects better sales, earnings as shoppers squeezed by tariffs
BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year,…
News
US-EU Trade Deal Outline Gives Shoe Firms Glimmer of Hope on Tariffs
An outline on the trade deal between the U.S. and the European Union (EU) has some good tariff news for the fashion and shoe industries.…
News
Johnson & Johnson announces $2 billion investment to boost U.S. manufacturing as tariffs loom
Johnson & Johnson said on Thursday it would invest $2 billion in North Carolina as it aims to expand its U.S. manufacturing presence amid…
News
Johnson & Johnson to invest US$2 billion to boost US manufacturing as drug tariffs loom
Johnson & Johnson (J&J) said on Thursday (Aug 21) it would invest US$2 billion in North Carolina as it aims to expand its US manufacturing…
News
Swiss Watch Exports to U.S. Jump in July Ahead of 39 Percent Tariff
PARIS – While Switzerland is still reeling from the 39 percent tariff announced by the U.S. on July 31, July figures show Swiss…
News
PlayStation prices rise as US tariffs bite
SONY on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by US$50 in the United States due to a “challenging…
News
Trump Tries to Blame Rising Energy Prices on Anything But His Tariffs
“He’s a good man, he’s in there fighting. He’s fighting, you know they’re trying to put him in jail on top of everything else. How about…
News
Retailers scramble to adjust to new reality under tariffs
Major retailers say they will increase prices or reorganize their supply chains in response to cost pressures from President Trump's…
News
Video: How Tariffs Will Affect This Unique Cheese
new video loaded: How Tariffs Will Affect This Unique Cheese By Eshe Nelson, Nikolay Nikolov, Laura Salaberry, Emli Bendixen and Jon…