A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
Category: Stockpiling
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Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
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Shoppers Embrace ‘Christmas in July’ Amid Rising Costs and Tariff Limbo
People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money.
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Where’s the Inflation From Tariffs? Just Wait, Economists Say.
Are predictions for a jump in consumer prices too early, or just wrong?
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A Tidal Wave of Change Is Headed for the U.S. Economy
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on their way.
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Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
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Japan’s Rice Shortage Sets Off Auction of Emergency Stockpile
The government held a rare auction this week to make up for a rice shortage that an official called “truly unthinkable.”
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A First-Day Trump Order: A Federal Stockpile of Bitcoin?
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.