Trump, tariffs
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U.S. retailers are sweating a different season. It’s less than 22 weeks before Christmas, and American businesses that make and sell consumer goods usually nail down their holiday orders and prices at this time of year.
America’s love for coffee has made the dark brewed beverage the most popular drink in the country. Here’s a look at US coffee-drinking habits and why your cup of coffee could be more expensive very soon,
President Trump is reportedly pushing for higher blanket tariffs on imports from the European Union, throwing a wrench in negotiations ahead of an Aug. 1 deadline for sweeping duties to take effect. The Financial Times reported that Trump wants a minimum of a 15% to 20% tariff on EU goods as part of any deal.
There is no single way to predict how businesses will price items weeks or months into the future as, in addition to tariffs, they are influenced by things like consumer demand, sales strategies, and supply chains.
For months, owners of indie nail polish brands have been struggling to navigate a new period of uncertainty amid a stop-and-go trade war.
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Brazilian airline’s CEO says threat of 50% import duty could delay group’s purchases of up to $20bn in US-made products
President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors affecting these markets.
Thailand expects to receive U.S. tariff rates by August 1 that are close to those imposed on other countries in the region, the finance minister said on Friday following talks with the United States Trade Representative.
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
The ongoing tariff negotiations have created a potentially more uncertain environment for electronics and other supply chains than the pandemic.