Nintendo Delays Preorders for the Switch 2, Citing Tariffs
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.
Posted inConsumer Behavior Costco Wholesale Corporation Cuban, Mark Customs (Tariff) Personal Finances Shopping and Retail
Tempted by Trump’s Tariffs to Panic-Buy? Don’t.
A census of Costco carts on Thursday revealed little fear. Tariffs could go as fast as they’re coming, and our columnist is not stuffing his pantry.
Posted inBanking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates Regulation and Deregulation of Industry United States Economy United States Politics and Government
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”
Posted inCustoms (Tariff) International Trade and World Market Politics and Government Trump, Donald J United States Economy United States International Relations United States Politics and Government
Trump Sounds Defiant Note as Tariffs Roil Markets Again
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”