Volkswagen will add an ‘import fee’ to cars sold in the U.S.
Posted inAutomobiles Canada Customs (Tariff) Factories and Manufacturing Germany International Trade and World Market Mexico Prices (Fares, Fees and Rates) Shutdowns (Institutional) Stellantis NV Stocks and Bonds Trump, Donald J United States International Relations United States Politics and Government Volkswagen AG

Volkswagen will add an ‘import fee’ to cars sold in the U.S.

The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
Posted inChina Commerce Department Customs (Tariff) Customs and Border Protection (US) Drug Abuse and Traffic Factories and Manufacturing Fashion and Apparel Hong Kong International Trade and World Market Lutnick, Howard W Prices (Fares, Fees and Rates) Shein (Fashion Label) Shopping and Retail Small Business Smuggling Temu (Website) Trump, Donald J United States International Relations United States Politics and Government

Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China

The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
Posted inCustoms (Tariff) Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates International Trade and World Market Labor and Jobs Trump, Donald J United States Economy United States Politics and Government

The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.

The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.