Best Buy says Trump tariffs could force it to raise consumer prices

Trump's win could sharply raise the cost of electric vehicles. Here's why.

Americans looking to purchase EVs may want to do so quickly, as the incoming administration is likely to axe a $7,500 tax credit.

EV tax credits could soon vanish. Is now the time to buy?

California plans to blunt any GOP efforts to scrap U.S. tax rebates for electric vehicles. But with uncertainty ahead, experts say current savings may not last.

Trump says there's no 'price tag' on his deportation proposal

President-elect Trump said in an interview Thursday with NBC News that "there is no price tag" when it comes to his mass deportation plan. Throughout the campaign cycle, Trump touted a "Day 1 ...

Politics - The Hill - November 7

How would Trump’s promise of mass deportations of migrants work?

The mass deportation of undocumented immigrants would face legal and practical challenges - and cost billions.

Forget betting on Trump vs. Harris. These people are wagering that Costco will raise the price of its $1.50 hot dog–and–soda deal.

Kalshi, a New York-based exchange platform, is letting traders predict what the future holds for the famed Costco combo.

Business - MarketWatch - November 5

Trump's win could lead companies to push up prices. Here's why.

President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.

Markets are priced to perfection on the Trump trade. Here's why that could be a problem

Investors have been busy for the past several weeks bidding up prices in anticipation of what Trump will do when he takes office.

Business - CNBC - November 13

What Trump could do to lower grocery prices, according to experts

Food prices have climbed more than 25% since President Joe Biden took office.

Trump’s Tariff Plan Would Upend Trade Flows, Raise Costs, Draw Retaliation

Visions of another trade war with China and a rise in inflation are only a few of the worries economic experts raise with the prospect of a second term for the GOP hopeful.

Business - Inc. - November 4

Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live

Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...

World - The Guardian - November 6

Markets look past Trump tariffs, but they could be ‘life or death’ for some companies

Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.

Business - MarketWatch - November 6

Europe could try to stop — or get around — damaging Trump tariffs

Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.

Business - CNBC - November 11

Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories

The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.

Business - The New York Times - November 12

What could Trump's return, and his tariffs, actually mean for China?

Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.

Trump tariffs — and possible exemptions — could provide opportunities for Britain

President-elect Donald Trump's proposed trade tariffs could prove boon for the U.K., with analysts pointing to potential exemptions, economic upswings and the likely resumption of trade deal talks.

Business - CNBC - November 13

Trump Tariffs Could Hurt Shrinking Global Luxury Goods Market

Despite seeing a post-recession bump, luxury good sales are declining and may be hit hard by Trump tariffs.

Business - Inc. - November 13

How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy

Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.

Business - The New York Times - November 18

How Trump’s Tax Cuts and Tariffs Could Turn Into Law

Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.

Business - The New York Times - November 19

Trump Plans Tariffs on Canada, China and Mexico That Could Cripple Trade

The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.

Business - The New York Times - 2 days ago

Mexico suggests it could retaliate with tariffs after Trump threat

Claudia Sheinbaum said Mexico suffered from an influx of weapons smuggled in from the United States, and that drugs were a U.S. problem.

Inflation may reach these levels on Trump tariffs on Canada, Mexico, chart shows

Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.

Business - MarketWatch - 2 days ago

ETFs that buy stocks in Mexico, Canada, China drop after Trump’s tariff threat

ETFs that invest in stocks in Canada, Mexico and China fell Tuesday, after President-elect Donald Trump warned about new tariffs.

Business - MarketWatch - 3 days ago

Trump victory raises risk of investing in offshore wind projects, says RWE

German energy firm shaves €3bn from spending plans for next financial year to €7bn. A German energy firm has said that Donald Trump’s election victory has increased the risks of investing in ...

World - The Guardian - November 13

Buy American to avoid Trump trade war, says Lagarde

ECB chief takes aim at claim that tariffs will ‘make America great again’ — but calls for negotiation, not retaliation

Business - Financial Times - 2 days ago

Elon Musk’s lawyer says $1M giveaway winners not randomly chosen, raising potential legal issues

Elon Musk's lawyer said in a courtroom Monday that the winners of Musk’s $1 million daily prize giveaway in election swing states are not chosen at random.

Cop29 live: solidarity levy on cryptocurrency could raise billions for climate action, says report

Charging $0.045 per kWh for energy used in intensive bitcoin mining could produce $5bn for the climate crisis, says Global Solidarity Levies taskforce. Josh Gabbatiss, from Carbon Brief has ...

World - The Guardian - November 14

Neon raises $14M to build direct-to-consumer stores for games

Neon has raised $14 million in funding to build its direct-to-consumer digital store platform to help make game companies more independent.

Tech - VentureBeat - November 12

Play Ventures raises $140M second fund to invest in games and consumer startups

Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.

Tech - VentureBeat - November 18

Here’s how much Modelo and Corona beer prices will have to rise to cover Trump tariff tab

Constellation Brands’ stock fell as the parent of the Modelo and Corona beer brands could be among the companies most impacted by President-elect Donald Trump’s plan to impose tariffs on imports ...