Latest in Trump tariffs raise costs, business risks for NYC garment companies
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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 - 2d -
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 - 2d -
UK suspends import tariffs to ease strain for British businesses
Levies cut on 89 products to support domestic companies against Trump’s trade warFinancial Times - 16h -
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 - 13h -
The pain of doing business under Trump
Buckling to a volatile administration has costs that are only starting to become apparentFinancial Times - 1d -
UK retail bosses raise fears of Chinese product ‘dumping’ due to Donald Trump’s tariffs
Companies flag signs of goods being diverted from US to Europe via platforms such as Temu, Shein and AmazonFinancial Times - 1h -
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 - 1d -
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 - 2d -
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 - 1d -
Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil
As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm . The container ship was halfway across the Atlantic when Donald Trump, during his first ...The Guardian - 15h -
Business Begin to Experience Whiplash from Tariffs
Some business owners have expressed concern about tariff turbulence.Inc. - 12h -
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 - 1d -
GOP senator on Trump tariffs: 'What’s the endgame here?'
Sen. Ron Johnson (R-Wis.) said on Sunday said he’s questioning President Trump’s “endgame” in his approach to tariffs, saying the ongoing “volatility” isn’t good for businesses. “One thing I ...The Hill - 10h -
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 - 2d -
Trump’s Tariff War Has Added Risk to U.S. Bonds, Long the Surest Bet in Global Finance
Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.The New York Times - 12h -
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 - 1d -
Helicopter tour company involved in fatal NYC crash shuts down, FAA says
New York Helicopter Tours, the company involved in the deadly crash on the Hudson River last week, is shutting down its operations, the FAA said Sunday night.CBS News - 1h -
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. - 2d -
Trump exempts phones, computers, chips from new tariffs
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.CNBC - 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. - 2d -
Trump’s Tariffs Leave No Safe Harbor for American Importers
For companies that have shifted factory production from China to other countries, the latest tariffs have undermined their strategy while sowing paralysis.The New York Times - 29m -
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 - 1d -
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 - 1d -
Tariffs on imported semiconductor chips coming soon, Trump says
U.S. President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility with some companies in the ...NBC News - 1h -
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 - 1d -
Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs
Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on China. People in the US: tell us how you think Trump’s first 100 days have gone so ...The Guardian - 7h -
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 - 1d -
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 - 3d -
Trump’s Tariffs Shroud Wall Street’s Earnings Outlook
S&P 500 companies face high uncertainty amid trade war and recession fears.Inc. - 2d -
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 - 1d -
‘Stuff should be made here’: Ohio shrugs off Trump tariff turmoil
Company owners say the president’s measures will result in more manufacturing in the USFinancial Times - 1d -
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 injuriesABC News - 2d -
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 - 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. - 2d -
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 - 3d -
Apr 9: CBS News 24/7, 1pm ET
President Trump welcomes global leaders to the White House for negotiations over reciprocal tariffs; The White House pauses tariffs on most nations for 90 days but raises taxes on Chinese imports.CBS News - 8h -
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 - 3d -
Inside Greenland: residents say they're not for sale, but they are open for business
President Trump's still talking about buying Greenland, declining to rule out force to acquire the world's largest island. Greenlanders say they're not for sale, but they are open for business.CBS News - 3h -
4/9: The Daily Report
Lindsey Reiser is joined by Kelly O'Grady and Jill Schlesinger to report on President Trump's back and forth on major global tariffs, and their impact on the business world, consumers' wallets, and ...CBS News - 8h -
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 - 1d