Video: Trump Says Countries Will Receive Letters About New Tariffs
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Tag: tariffs
Powell confirms that the Fed would have cut by now were it not for tariffs
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on "The Federal Reserve's Semi-Annual Monetary ...
Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest ...
Tariffs have jumped 10-fold since Trump took office. Companies will have to absorb them because consumers are ‘tapped out,’ investment manager says
The impact of tariffs will depend on who bears their cost, says Jeff Klingelhofer, managing director at Aristotle Pacific—but it ...
Temu and Shein are pivoting to Europe in face of U.S. tariffs. But they may not get a warm welcome
U.S. consumer spending on Temu fell about 36% in May compared to a year earlier, while it fell 13% over ...
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024.Al ...
Here are the retailers raising prices as Trump tariffs take hold
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on ...
Trump doubles steel tariffs to 50%
President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could ...
Gap shares fall 20% as tariffs loom large over apparel maker’s turnaround plans
Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze ...
Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April ...
