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.