Latest in Tariffs Hit Retailers
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Buy Now Before Tariffs Hit, Retailers Are Telling Shoppers
Many businesses are urging customers to buy before President-elect Donald Trump’s proposed tariffs potentially raise costs—and prices.Business - The Wall Street Journal - 12 hours ago -
Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - November 5 -
Some retailers tell consumers Trump's tariffs are a reason to buy now
Some companies are weaving Trump's tariffs into their marketing efforts, telling consumers to buy now in case prices rise.Top stories - CBS News - 8 hours ago -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - November 8 -
UK retailers warn Reeves of £7bn hit from Budget changes
Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sectorBusiness - Financial Times - November 19 -
Retail credit card interest rates hit all-time high
The average rate on credit cards from some of America's biggest retailers has soared to an all-time high of more than 30%, according to personal finance site Bankrate. That's up from just over 24% ...Top stories - CBS News - 4 days ago -
Kingfisher shares tumble as retailer warns on sales drop and Budget hit
Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from BudgetWorld - Financial Times - 4 days ago -
Mexico Signals It Could Hit Back With Tariffs at U.S.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.Business - The New York Times - November 12 -
Trump's tariffs could trigger 'dramatic' price spikes on clothes, furniture, warns retail group
Vice President Kamala Harris has campaigned against Donald Trump's tariff proposals, calling them a sales tax on American consumers.Business - CNBC - November 5 -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - November 13 -
Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat
“We feel good about the processes and the systems we put in place since the first Trump administration, to manage tariffs,” said Lowe’s CEO Marvin R. EllisonBusiness - MarketWatch - November 19 -
‘Tariff Man’ Trump returns next year. How nervous are retailers this time around?
Many of the companies that make or sell the products Americans buy — including big names like Walmart Inc. and Nike Inc. — don’t see tariffs in the same positive light as does President-elect ...Business - MarketWatch - 6 days ago -
More retailers squeeze in earnings reports before Black Friday with holidays and tariffs in focus
With Black Friday and the holiday shopping sprint just days away, quarterly results from retailers such as Macy’s Inc. and Nordstrom Inc. this week will help set the tone for the rest of the ...Business - MarketWatch - 5 days ago -
Global trade tensions and cyber attacks threaten UK economy, warns Bank of England; Black Friday spending ‘up 11%’ – business live
BoE says global risks remain high, and the outlook has become more uncertain and riskier. Amazon workers in 20 countries to protest or strike on Black Friday The best Black Friday deals on ...World - The Guardian - 15 hours ago -
Trump’s trade tariffs: how protectionist US policies will hit German carmakers
‘Shifts in production’ expected if baseline tariffs on imported goods are imposed to benefit US auto manufacturing . In 1964 the new US president was angry about European trade. Specifically about ...World - The Guardian - November 9 -
Trump says he will hit China, Canada and Mexico with new tariffs
US president-elect vows to impose levies on first day in retaliation for illegal migration and drug traffickingBusiness - Financial Times - 3 days ago -
Trump’s talk of tariffs raises fears of hit to economies worldwide
Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth. Trump vows tariffs on Mexico and Canada and deeper tariffs on China US politics – ...World - The Guardian - 3 days ago -
Mexico hits back as Trump’s tariff threat shakes markets
President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problemBusiness - Financial Times - 3 days ago -
Ikea warns of potential hit from Trump’s tariffs as earnings halve
Net profit slides amid campaign to shield consumers from higher inflationWorld - Financial Times - 2 days ago -
Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would get more expensive.Business - Inc. - 2 days ago -
Dollar hits six-month high as Trump tariff talk fuels inflation fears
US Treasury yields rise as traders scale back expectations for interest rate cutsBusiness - Financial Times - November 12 -
Buying big-ticket items this Black Friday before Trump tariffs hit? What to buy — and what to skip.
It might be months before Trump’s tariffs are implemented — but some shoppers are already preparing for potential cost increases and shopping for deals with this in mind.Business - MarketWatch - Yesterday -
Trump’s incoming ‘border czar’ promises secure southern US border as nations hit back at Trump’s tariff plan – live
Tom Homan visits Texas to talk about need for strong borders; US motorists could face higher gas prices if Trump imposes the tariffs he’s threatened . Trump’s talk of tariffs raises fears of hit ...World - The Guardian - 3 days ago -
Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.Business - CNBC - Yesterday -
How Trump tariffs might hit your wallet and the stock market for years to come
Also: Estate planning advice from Warren Buffett and why it is never a good time to buy a car.Business - MarketWatch - 10 hours ago -
US economy ‘motoring along’ with 2.8% expansion in last quarter, but Trump’s trade tariffs ‘threaten economic growth’ – business live
Rolling coverage of the latest economic and financial news. Trump’s tariff threat sets stage for bitter global trade war . Trump’s tariffs will lead to higher prices in the shops, and ...World - The Guardian - 2 days ago -
Nissan seeks anchor investor to help it through make-or-break 12 months
Carmaker looks for steady shareholder as longtime partner Renault sells down its holdingWorld - Financial Times - 3 days ago -
Trump’s Tariffs
We explore his promise to impose a charge on foreign products entering the U.S.Top stories - The New York Times - November 21 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - November 4 -
Retailers Turn to Weather Strategies as Climate Changes
Major chains now factor weather conditions into promotional strategies, inventory decisions, and advertising campaigns.Business - Inc. - November 4 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
‘Wicked’ takes over retail ahead of theatrical debut
“Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green.Top stories - NBC News - November 9 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - November 15 -
Returns Are a Headache. More Retailers Are Saying, Just ‘Keep It.’
In a survey, nearly 60 percent of retailers said they had policies that refund customers for items that aren’t financially viable to send back.Business - The New York Times - November 15 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - November 15 -
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market.Business - Inc. - November 16 -
Installing E.V. Chargers is Finally Paying Off for Retailers
Companies see charging as a potentially profitable business in and of itself, not just as a spur for foot traffic and sales.Business - The New York Times - November 18 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - November 19
