Latest in Tariffs Cost Consumers
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Donald Trump’s trade tariffs could cost US consumers $2,400 a year – business live
Rolling coverage of the latest ecoonomic and financial news. Trump vows tariffs on Mexico and Canada and deeper tariffs on China . The US president-elect’s social media post announcing 25% ...World - The Guardian - 21 hours ago -
How Distributors’ Fees Cost Consumers and Small Food Companies Dearly
A tussle between big food manufacturers, grocery chains, and distributors for narrow profit margins squeezes the small producers caught in the middle.Business - Inc. - November 5 -
Trump tariffs could cost UK £22bn of exports
The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.Top stories - BBC News - November 8 -
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 -
Best Buy says Trump tariffs could force it to raise consumer prices
Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.Top stories - CBS News - 13 hours ago -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
U.S. Businesses Work to Limit Costs of Looming Trump Tariffs
Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.Business - Inc. - November 11 -
Trump's tariffs could raise the cost of generic drugs in the U.S.
The cost of generic drugs for many people could go up if President-elect Donald Trump follows through on his promise to impose sweeping tariffs on products from China and other foreign countries, ...Top stories - NBC News - 4 days ago -
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
Trump’s Tariff Plan Would Upend Trade Flows, Raise Costs, Draw Retaliation
Visions of another trade war with China and a rise in inflation are only a few of the worries economic experts raise with the prospect of a second term for the GOP hopeful.Business - Inc. - November 4 -
The US consumer is fine (but no better)
Aggregates conceal a lotWorld - Financial Times - November 20 -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - October 29 -
Trump’s Tariffs
We explore his promise to impose a charge on foreign products entering the U.S.Top stories - The New York Times - 6 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
Consumers are anxious ahead of the election. Corporate America is feeling it
Like it or not, there’s an election on Tuesday. Voters are stressed. And to at least a small degree, so are corporations.Business - MarketWatch - November 3 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - November 5 -
The thought of a Trump presidency is eating me alive | Francine Prose
I look the way people do outside the intensive care unit, as they wait to learn whether a friend will survive. Our friend, in this case, is democracy. US election 2024 – live news updates US ...World - The Guardian - November 6 -
Clashes, confusion and secrecy consume the Harris campaign's finances
If Kamala Harris' campaign was known for anything, it was its blockbuster fundraising.Top stories - NBC News - November 14 -
JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.Business - The Wall Street Journal - November 14 -
Consumer watchdog to oversee digital wallets, payment apps
Large companies that offer digital wallets and payment apps will now be overseen by the Consumer Financial Protection Bureau (CFPB). The CFPB finalized a rule Thursday to bring companies handling ...Politics - The Hill - 5 days ago -
Consumer Sentiment Climbs as Trump Backers’ Confidence Surges
The post-election partisan flip pushed the University of Michigan’s Consumer Sentiment Index to its highest level since April.Business - Inc. - 4 days ago -
Consumer Protections Kick In Ahead of Holiday Travel Surge
If things go wrong during as air passenger forecasts hit a record high, new rules will make it easier for fliers to get compensated for major problems.Business - Inc. - 17 hours ago -
Bracing for Trump's tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Businesses brace for new Trump tariffs Companies are preparing for a spate of new ...Politics - The Hill - October 30 -
Trump threatens Mexico with tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump threatens tariffs on Mexico over border crossings Former President Trump on ...Politics - The Hill - November 4 -
Tariffs are hard work
The uncertainty surrounding Trump’s trade policiesWorld - Financial Times - November 12 -
Your guide to how to dodge a tariff
As Trump prepares to return to the White House, it might be time to dust off that soyabean cookbookBusiness - Financial Times - November 15 -
Tariffs and taxes are not very inflationary
Households will pay, but probably not through much higher pricesWorld - Financial Times - November 19 -
Trump, tariffs and trade wars
And, Government promises overhaul of job market.Top stories - BBC News - 16 hours ago -
The cost of college is quietly going down
The cost of college in the U.S. is going … down? With lower tuition, less student debt and more grant aid, College Board data released last week shows a hopeful future for higher education costs, ...Politics - The Hill - October 29 -
What are the Medicare premiums and costs in 2025?
Beneficiaries are seeing price hikes across various services next year.Business - MarketWatch - November 12 -
An energy efficient home - why is it so difficult?
It can be hard to find good advice on how to make homes more energy efficient.Top stories - BBC News - November 12 -
Offshore oil is back. At what cost?
Years after one of the worst spills in history, companies in search of new discoveries are drilling even deeper into the seabedBusiness - Financial Times - November 18 -
Consumer report shows companies are failing to protect from robocalls, texts
A new report says many phone companies are not doing enough to protect people from robocalls and texts. A consumer watchdog group says more than half of them have not fulfilled all of the ...Top stories - CBS News - October 29 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.Business - CNBC - October 29 -
Consumer confidence surges to record high ahead of Election Day
During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...Politics - NBC News - October 30 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day
The Conference Board’s monthly report says its index notched the largest gain since March 2021.Business - Inc. - October 30