Trump tariffs raise costs, business risks for NYC garment companies

US Tariffs Could Make Smartphones Dumber

Donald Trump’s tariffs are likely to make tech manufacturers more risk averse—which could stymie innovation in favor of keeping costs down.

Wired - 1d

How Tariffs Could Cause Car Insurance Costs to Rise

New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.

The New York Times - 1d

Trump tariffs on China will soon bring 'irreversible' damage to many American businesses

Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.

CNBC - 11h

Trade War Forces Tough Question for Retailers: Raise Prices or Eat the Cost?

A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.

The New York Times - 14h

What to Know About Who Pays the Higher Costs of Trump’s Tariffs

President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.

The New York Times - 1d

Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.

CNBC - 15h

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...

NBC News - 9h

Trump Tariffs Add to Apple’s Long-Standing Innovation Woes

Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.

The New York Times - 1d

For Businesses Chasing Growth, Freelancers Offer the Fastest Route

A new report finds more business owners turning to outside freelancers to control costs and headcounts, while getting experienced help to benefit in-house teams.

Inc. - 1d

How Are Businesses Dealing With Imports Made Too Expensive by Tariffs? By Rejecting Them

Supply chain nightmare: cash-strapped businesses start rejecting imports over tariff surcharges.

Inc. - 1d

As Tariffs Hit, Americans Are Racing to Buy Car Seats, iPhones and Christmas Gifts

Many Americans have purchased foreign-made products out of fears that companies could start to raise prices soon.

The New York Times - 11h

Dealmaking genius or boy who cried wolf? Trump’s trade retreat sows doubts

Nothing is certain under this president – as seen in the inconsistent implementation of tariffs. And it has a longer-term economic cost. Minutes after Donald Trump unveiled a climbdown on tariffs ...

The Guardian - 22h

Trump exempts smartphones, computers from most tariffs, a relief for corporate giants

President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...

CBS News - 3h

In South Carolina, a Once Thriving Textile Hub Is Baffled by Trump’s Tariffs

The Upstate region of South Carolina was saved by foreign companies after the fall of its textile industry. Now, tariffs pose another round of uncertainty.

The New York Times - 8h

Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats

The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.

The New York Times - 2d

A bomb strikes near the Athens offices of the Greek railway company. No injuries reported

A bomb planted near the offices of Hellenic Train, Greece’s main railway company, has exploded in a busy district of central Athens, authorities say, causing limited damage but no injuries

ABC News - 1d

Democrats rail against Apple after Trump unveils electronic tariff exemption

Democrats slammed the Trump administration for allegedly favoring sector-specific companies by giving them the ability to bypass the fallout from new trade policy with a Saturday exemption of ...

The Hill - 8h

Trump’s Tariffs Shroud Wall Street’s Earnings Outlook

S&P 500 companies face high uncertainty amid trade war and recession fears.

Inc. - 1d

57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.

Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.

CNBC - 15h

Cabot Butter Is Recalled Over Fecal Contamination Risk

The company said it was voluntarily recalling 189 cases of its eight-ounce, sea-salted Extra Creamy Premium Butter after it found elevated levels of coliform bacteria.

The New York Times - 2d

Female Founders Sound the Alarm About Tariffs to President Trump

Inc. spoke with five entrepreneurs about the pain their companies are feeling—and how they are trying to alleviate it.

Inc. - 1d

Tesla Halts Orders in China on U.S. Imported Models

An “order” button was removed from Tesla’s Chinese website after Beijing raised tariffs on U.S. imports in response to President Trump’s levies against the country.

The New York Times - 1d

What Some Chinese Exporters Say About Trump’s Trade War

At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.

Inc. - 1d

Get Ready to See Tariff Surcharges on Your Receipts

Companies struck by Donald Trump’s trade levies will likely pass the hit along to consumers—and some will want to clearly point the finger at who is to blame.

Wired - 2d

EU Countries Go on Tariff Defense

The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.

The New York Times - 1d

4/8: CBS Mornings Plus

President Trump threatens new tariffs on China amid rising trade tensions. Also, new studies suggest a possible link between weight loss drugs and a lower risk of dementia.

CBS News - 11h

Relief at a Trade Hub on the Southern Border, but No End to Its Unease

In an industrial district in Texas and New Mexico, companies welcomed President Trump’s tariff exemptions for Mexico, but concern and confusion linger.

The New York Times - 1d

Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off.

With inauguration donations and Mar-a-Lago visits, leaders of the biggest tech companies sought favor with the president in an attempt to steer regulation and tariffs, to little avail.

The New York Times - 8h