The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
Category: Prices (Fares, Fees and Rates)
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Capital One Deal for Discover Clears Justice Dept. Hurdle
The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.
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Ford offers discounts on cars and trucks as auto tariffs kick in.
The company said it would offer customers the same prices it offers its employees on most of its vehicles.
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Apple Plunges 9 Percent, Leading a Tech Sell-Off
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
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Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
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Renewable Energy Sector Braces for Trump Tariffs
The components used to assemble wind turbines are made by suppliers around the globe.
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Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
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Trump Is Set to Unveil Expansive Global Tariffs
The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.
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Tesla Sales Are Slumping, Even in the Most E.V.-Friendly Place
Elon Musk’s involvement in right-wing politics contributed to fewer deliveries in Norway the first quarter, though other factors also played a role.
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More Americans Cannot Afford Medical Care: Gallup Poll
A new survey found that 11 percent of Americans said they could not pay for medication and medical treatments.
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As Trump Stokes Uncertainty, the Fed Asks Businesses Where It Hurts
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.