Latest in Tariffs Consumers
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Global vineyard values tumble as consumers put down the bottle
Winemakers are battling shifting tastes as oversupply dents pricesFinancial Times - 1d -
Foot Locker’s sales recovery continues, but consumer pressures hurt outlook
Foot Locker’s stock was tripped up by downbeat full-year outlook, which offset continued sales improvements.MarketWatch - 1d -
Novo Nordisk slashes Wegovy prices through direct-to-consumer pharmacy
Pharmaceutical manufacturer Novo Nordisk on Wednesday announced it will be offering a direct-to-patient program for uninsured and underinsured individuals to be able to pay cash for its weight loss ...The Hill - 18h -
Consumers elected Trump to lower prices — his policies could do the opposite
“We’re not seeing anything that is credibly going to address the high prices of food, housing, and health care that he pledged to do something about,” one economist said.MarketWatch - 14h -
Trump Said Tariffs Are Coming
Also, Cuomo entered the New York mayoral race as a front-runner. Here’s the latest at the end of Monday.The New York Times - 2d -
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How do tariffs work?
President Trump has followed through on his threat to place tariffs on goods from Canada and Mexico and he's increased the tariffs already in place against China. CBS News business analyst Jill ...CBS News - 1d -
Will Trump's tariffs increase inflation?
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and ...CBS News - 1d -
Trump’s Next Tariff Moves
In his address to Congress, the president made clear that his new trade levies were here to stay, acknowledging it might create “a little disturbance.” Analysts forecast what that might look like.The New York Times - 22h -
Consumers turn to buying or renting hens as egg prices soar, but it may not help you save
Amid the rising costs of eggs, some consumers are looking for alternatives. Across the country, some hatcheries said they're seeing more interest in buying chickens, but experts warn you may not ...CBS News - Feb. 21 -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference Board reported Tuesday.NBC News - Feb. 25 -
Amid risks to Education Dept., borrowers should 'immediately' take key actions, consumer advocates say
Amid the threats to the Education Dept. and reports that Musk's DOGE had gained access to student loan borrower data, consumer advocates are issuing warnings.CNBC - Feb. 25 -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
The board's Consumer Confidence Index slipped to 98.3 for the month, down nearly 7% and below the Dow Jones forecast for 102.3.CNBC - Feb. 25 -
Third of emissions cuts must come from consumers, says UK climate watchdog
Government advisers call for an overhaul of domestic heating systems and suggest airfares could riseFinancial Times - Feb. 26 -
House Democrats join legal fight against Trump's efforts to dismantle consumer protection agency
House Democratic leaders are getting directly involved in one of the legal battles against the Trump administration, filing an amicus brief in support of a lawsuit seeking to block the dismantling ...NBC News - 6d -
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.NBC News - 5d -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 5d -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 5d -
Target warns February sales were soft, adding to concerns about consumer health
Target’s weak first-quarter guidance added to concerns about consumer health after weak January spending numbers and a slide in consumer confidence.CNBC - 1d -
Novo Nordisk goes direct to consumer with Wegovy. What it means for obesity rival Eli Lilly
Shares of Eli Lilly rose Wednesday despite its rival's announcement.CNBC - 19h -
Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy
The pharmacy, called NovoCare, will allow patients to pay $499 in cash per month for the blockbuster weight loss drug.CNBC - 19h -
Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence
Victoria’s Secret & Co. on Wednesday said it expects the year ahead to “gradually get better,” despite what it characterized as shaky consumer confidence and sales forecasts that came in below ...MarketWatch - 12h -
Tariffs are not going to solve America’s ills
Punitive import duties will neither reduce the US trade deficit nor boost employment in manufacturingFinancial Times - 2d -
The Tariffs Are On, and Trump Suspends Ukraine Aid
Plus, women’s rugby gets a boost.The New York Times - 2d -
Understanding Trump's tariffs, in five charts
Learn more about how Trump's proposed tariffs against Mexico, China and Canada could impact trade, shipping, imports, prices and more.NBC News - 2d -
Trump’s Tariffs Hit Stock Markets
Global leaders are retaliating and investors have sold off stocks in Asia and Europe.The New York Times - 2d -
Trudeau: Trump tariffs on Canada ‘dumb’
Canadian Prime Minister Justin Trudeau slammed President Trump’s tariffs on his country, reiterating a message from The Wall Street Journal’s editorial board that the taxation plan was “dumb.” ...The Hill - 1d -
What Trump's tariffs mean for you
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's new tariffs could boost prices, derail stocks Many businesses and market ...The Hill - 1d -
Trump tariff impact on Canadian industries
President Trump's tariffs are already putting pressure on multiple Canadian industries. CBS News national correspondent Lana Zak spoke about the issue with the leader of the Windsor-Essex Chamber ...CBS News - 19h -
Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs
This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.Inc. - Feb. 22 -
Australian treasurer seeking tariff exemption in talks with Bessent
Australia’s treasurer, Jim Chalmers, will continue to push for steel and aluminum tariff exemptions in his discussions with Treasury Secretary Scott Bessent this week. Chalmers traveled to ...The Hill - Feb. 24 -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - Feb. 24 -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - Feb. 24 -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - Feb. 25 -
Trump directs investigation preceding potential copper tariffs
President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...The Hill - Feb. 25 -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - Feb. 25 -
Trump threatens to impose 25% tariffs on EU goods
US president warns levies will target auto sector and be applied ‘generally’Financial Times - Feb. 26 -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - Feb. 27 -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 6d