Latest in Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
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Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - November 5 -
Trump's tariffs could trigger 'dramatic' price spikes on clothes, furniture, warns retail group
Vice President Kamala Harris has campaigned against Donald Trump's tariff proposals, calling them a sales tax on American consumers.Business - CNBC - November 5 -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - October 25 -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - November 8 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off?
There is a strong chance the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest rates. Business live – latest updates It’s the economy, ...World - The Guardian - November 8 -
UK retailers warn Reeves of £7bn hit from Budget changes
Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sectorBusiness - Financial Times - 5 days ago -
Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...Top stories - NBC News - October 30 -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - November 6 -
Jeffries: Pelosi is not undermining me
“It's an honor to stand on the shoulders of Speaker Nancy Pelosi,” he said Sunday.Politics - Politico - 6 days ago -
The risks of being too gloomy on Trump tariff plans
Overly pessimistic warnings of economic shocks could weaken crucial support for globalisationWorld - Financial Times - 3 days ago -
Global ETFs slide as investors see Trump tariff policies hurting trade
Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.Business - CNBC - November 6 -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - November 13 -
Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat
“We feel good about the processes and the systems we put in place since the first Trump administration, to manage tariffs,” said Lowe’s CEO Marvin R. EllisonBusiness - MarketWatch - 5 days ago -
‘Tariff Man’ Trump returns next year. How nervous are retailers this time around?
Many of the companies that make or sell the products Americans buy — including big names like Walmart Inc. and Nike Inc. — don’t see tariffs in the same positive light as does President-elect ...Business - MarketWatch - Yesterday -
Millennials say they plan to spend big this holiday season — 'I see a lot of optimism,' expert says
Millennials plan to spend more than any other generation for the holidays, a new survey says. But using credit cards or payment plans may come at a high cost.Business - CNBC - 1 hour ago -
Trump’s trade tariffs: how protectionist US policies will hit German carmakers
‘Shifts in production’ expected if baseline tariffs on imported goods are imposed to benefit US auto manufacturing . In 1964 the new US president was angry about European trade. Specifically about ...World - The Guardian - November 9 -
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 - 5 days ago -
Trump’s Tariff Plan Prompts European Fears on Growth Rates
Leaders at the European Central Bank worry that trade barriers will curb EU economic progress more than they will push up Euro zone inflation.Business - Inc. - 5 days ago -
Who does Trump see as 'enemies from within'?
Donald Trump’s allies have tried in vain to persuade him to stop venting his rage against “enemies from within” in the campaign’s waning weeksEntertainment - ABC News - October 26 -
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Italy's plan to screen migrants in Albania hits another snag with 2nd group returning to Italy
Italian Premier Giorgia Meloni’s program to screen asylum seekers outside of the European Union borders in Albania has hit another snagWorld - ABC News - November 11 -
Gun violence prevention groups to fight Trump's 'concealed carry reciprocity' plan
As President-elect Donald Trump prepares to move back to the White House, he has said he will keep his promise to sign a nationwide "concealed carry reciprocity" law.Top stories - ABC News - November 13 -
In Trump's deportation plan, the private prison industry sees a lucrative opportunity
As Donald Trump prepares to make good on his promise to deport possibly millions of undocumented immigrants, the private prison industry appears poised to cash in.Top stories - ABC News - November 13 -
Trump mass deportation plan could cost billions a year
Immigration experts say Donald Trump's mass deportation plan, if carried out, could be complicated and cost billions a year. It could also lead to more family separations.Top stories - CBS News - October 27
