The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
Category: Customs (Tariff)
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How Pandora Is Surviving Trump’s Trade War
Pandora, the Danish jewelry company, said it was “battle ready,” with plans to raise prices and reroute shipments from the United States, but tariffs could potentially cost it millions of dollars.
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Is Slate Auto’s Electric Truck the Answer to Expensive Cars?
Slate Auto, a start-up backed by Jeff Bezos, plans to sell a small, spartan electric truck that comes with no paint, stereo or touch-screens.
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U.S. Inflation Mild Ahead of Expected Jump From Tariffs
Economists and policymakers are bracing for inflation to re-accelerate as companies adapt to President Trump’s trade war.
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Jerome Powell, a Potential Winner from the Trade Reprieve
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump could be a tougher convert.
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Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit
Japanese business leaders and officials were indignant at the U.S. decision to pause China tariffs, while Japan faces economic hardship from auto levies.
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Germany Has a Long History of U.S. Investment. That May Be Changing.
German companies invest more than three times as much in the United States as American companies do in Germany, but they are starting to rethink that strategy.
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Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
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Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
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Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.
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Inside the U.S.-China Trade Cease-Fire
Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff fight.
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U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?
Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing.