Apple and India have invested years and billions of dollars in teaming up against China. India sees it as a strength. To President Trump, it looks like leverage.
Category: Customs (Tariff)
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C.E.O.s Are Trying to Avoid Trump’s Ire as Tariffs Hit Their Businesses
Public companies are obligated to tell investors how tariffs could affect corporate financial results. But some are trying to do it with euphemisms to avoid the president’s anger.
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Target Says Sales Fell Short In a Challenging Economy
The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” economy and backlash over its pullback from diversity policies.
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Trump Scolded Companies for Raising Prices. Do They Have a Choice?
Economists say companies generally have to pass along the cost of tariffs. But populists on the left and right say the president may have a point.
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G7 Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
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Trump Berates Walmart and Mattel for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.
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Tariff Uncertainty Threatens to Drag Down Europe’s Economic Growth
The European Union scaled back its forecast for growth in 2025 by nearly half a percent, as the jump in tariffs and surrounding chaos bite.
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Will Trump’s Trade War Turn Canada’s Auto-Parts Capital Into a Ghost Town?
President Trump’s tariffs on auto parts are already causing job losses in Windsor, Ontario, the heart of an industry that makes components for vehicles bound for the United States.
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Minnesota Iron Miners Lost Their Jobs, But Not Their Faith in Trump’s Tariffs
With demand for steel down and a trade war underway, miners in the Iron Range of Minnesota are feeling the hit. But they hope better times are ahead.
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Trump’s Movie Tariffs Run the Risk of a Second, More Damaging, Trade War
Hollywood offers a service, and services are what really drive the U.S. economy. President Trump’s proposed tax could set off a second, and more damaging, trade war.