Latest in Trump's massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair
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Trump's massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair
Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China.NBC News - 1d -
Trump's massive 46% Vietnam tariffs pummel Nike, American Eagle and Wayfair
The country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with BeijingCNBC - 19h -
Toy prices could jump 50% following Trump's tariffs on China, Vietnam
Toy prices could spike exponentially after President Donald Trump levied massive tariffs against China and Vietnam.CNBC - 1h -
From Nike to Apple: which US brands could be hit hardest by Trump tariffs and what’s at stake?
Companies with suppliers in Asian countries are likely to have to raise prices after the US president’s measures. Business live – latest updates Donald Trump’s “liberation day” tariff war has ...The Guardian - 2h -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 2d -
Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately "boom".BBC News - 13h -
Nike, Lululemon and Other Consumer Stocks Hit Hard by Trump’s Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.The New York Times - 21h -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 1d -
Trump's new tariffs will hit lower-income households the hardest
The ripple effects of President Donald Trump’s new wave of sweeping tariffs announced this week will be felt the most by lower-income Americans, who are heavily reliant on products from countries ...NBC News - 16h -
Trump hits UK with 10% tariffs as he ignites global trade war
Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth. US politics – latest updates Donald Trump has hit the UK with tariffs of 10% on ...The Guardian - 1d -
Trump tariffs live: US stocks plummet in after-hours trading as experts warn Americans could see higher costs
Dow futures have fallen more than 1,000 points in hours after Trump’s tariff announcement; business leaders warn of fallout from Trump’s trade war. Full report – Trump announces sweeping new ...The Guardian - 1d -
Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.The New York Times - 1d -
Trump says Great Depression would never have started if tariffs continued
President Trump on Wednesday said that the 1930s Great Depression wouldn’t have happened if tariffs had continued, while announcing his massive tariff plan to hit trading partners. The president ...The Hill - 1d -
Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.
The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.The New York Times - 5h -
Here's where Apple makes its products — and how Trump's tariffs could have an impact
China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.CNBC - 1d -
Trump Shoes Nike, and Other Footwear Makers
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are blindsided by tariffs.Inc. - 22h -
Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India
Trump threatens Putin over ceasefire; Russia claims it has taken control of a Donetsk village. What we know on day 1,132. China and India could be affected if Donald Trump introduces tariffs of ...The Guardian - 4d -
American businesses share differing perspectives of Trump's tariffs
The Southern Shrimp Alliance, which represents the U.S. shrimp industry is praising the Trump administration's tariffs on nearly all foreign imports. American business owners who import products, ...CBS News - 14h -
For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
President Donald Trump's auto tariffs will most likely be shouldered by American consumers, Chinese auto parts suppliers say.NBC News - 1d -
Trump Loves Tariffs. Do Americans?
Astead Herndon, a New York Times politics reporter and host of the podcast “The Run-Up,” unpacks what the voters and the polling say about President Trump’s signature economic policy: tariffs.The New York Times - 3d -
Senate Republican: Trump 'very well aware' of potential tariff risks
Sen. Ron Johnson (R-Wis.) weighed in on President Trump's looming tariffs, saying Trump is "very well aware" of the potential risks they could have on everyday Americans. Still, Johnson ...The Hill - 2d -
To Counter Trump’s Tariffs on Goods, Countries May Hit Back at US Services
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.The New York Times - 1d -
Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live
Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs. Trump prepares to unveil reciprocal tariffs as markets ...The Guardian - 3d -
Trump’s tariffs are ‘taxes’ and are ‘hurting the American people,’ says Democratic lawmaker
Rep. Steven Horsford (D-Nev.) joins Meet the Press NOW to discuss the fallout from President Trump’s sweeping tariffs. He calls the tariffs a “tax” that will cause Americans to pay more.NBC News - 17h -
How Trump’s Tariffs Will Impact Wine Drinkers and Producers
American consumers are likely to see fewer choices on the shelves, and small producers may be the hardest hit.The New York Times - 17h -
Americans’ Reactions to Trump’s Tariffs Range From Worried to Enthusiastic
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.The New York Times - 1d -
Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign automakers ...The Hill - 2d -
How the E.U. Could Fight Back Against Trump’s Tariffs
European officials are weighing deploying a tool called the anti-coercion instrument that would potentially target American tech and financial giants.The New York Times - 1d -
These bizarre locations have been hit by Trump's tariffs — including an uninhabited island
U.S. President Donald Trump's aggressive and far-reaching "reciprocal tariffs" were signed into effect on Wednesday, hitting over 180 countries.CNBC - 23h -
Trump has gone too far — and Americans are noticing
Trump's actions on immigration, executive orders, spending, tariffs and the Department of Government Efficiency have alienated many Americans, who are concerned about his disregard for democratic ...The Hill - 2d -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 20h -
Stocks plummet as Trump leans in on tariffs
Presented by National Council on Aging {beacon} Trump leans in on tariffs as stocks plummet President Trump's new tariffs on dozens of countries exporting goods to the U.S. sent markets into a ...The Hill - 16h -
Schumer on Trump's new tariffs: A 'huge tax on American families' to 'help billionaires get a tax cut'
Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday slammed President Trump’s sweeping new tariffs, calling them a “huge tax” on the average American family. “This is a huge tax on American ...The Hill - 1d -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 5h -
U.S. honeybee deaths soar, and grocery store bills could take the hit
Honey bee populations in the U.S. are dwindling at an unprecedented rate, a trend that could affect Americans' wallets at the grocery checkout line.NBC News - 2d -
UK expects to be hit by Trump tariffs, No 10 says
Downing Street does not rule out retaliating if new tariffs are imposed on Wednesday.BBC News - 3d -
Trump’s tariffs are an economic emergency for Americans
Misplaced nostalgia is not a good enough reason for something that will only hurt votersFinancial Times - 1d -
What Trump's new tariff announcement means for American consumers
President Trump announced plans to impose an across-the-board 10% tariff on all U.S. trading partners as well as higher tariffs for other countries. NBC News' Christine Romans breaks down what all ...NBC News - 1d -
'Nowhere to absorb it': From consumer small business to big food CEOs, Trump tariff costs will hit wallets
President Trump's 'Liberation Day' tariffs on countries around the world will hit food and consumer businesses particularly hard, say CEOs in the sector.CNBC - 1d