News

US Companies, Consumers Are Paying for Trump's Tariffs, Not Foreign Firms
But for many foreign companies, the slide in the US dollar has incentivized them to raise their invoice prices to compensate, ...
Marketplace4d
How exactly are U.S. companies coping with tariffs so far?
Companies are rerouting supply chains, sharing costs with suppliers, and, yes, raising their prices.
Tariffs hit U.S. companies hard, but businesses absorb them for now
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Brazil scrambles as U.S. tariff deadline looms, talks stall
Brazil is scrambling to avert punishing 50% U.S. tariffs in a week's time, but high level talks are stalled and U.S.
ConsumerAffairs3d
U.S. companies are mostly absorbing the cost of tariffs
Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...
Americans are mostly paying for tariffs — and price rises may be on the way, says Deutsche Bank
People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.
Experts say Trump's 30% tariff on European wines could hurt US consumers, companies
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...
The Press Democrat4d
US stocks hang around their records as GM and others show how tariffs are impacting them
Wall Street is hanging near its records following some mixed profit reports, as General Motors and other big U.S. companies ...
NPR4mon
How companies avoid tariffs, from exemptions to engineering - NPR
The U.S. Court of International Trade officially ruled it a blanket in 2017, meaning the company would only have to pay an 8.5% tariff compared to 14.9%. In other cases, tariff engineering ...
Cryptopolitan on MSN16h
Economists warn U.S. consumers to prepare for inflation despite Trump’s trade deals
The U.S. will now charge at least 15% on all imports, the highest level in decades, and President Trump says that if other ...