China, tariffs and Trump
Digest more
Trump, Walmart and Retail
Digest more
President Donald Trump announced that China and US had agreed to pause escalating tariffs for 90 days. Massachusetts has its own imports and exports.
China’s defiant stance in negotiating a tariff truce with the US has convinced some countries they need to take a tougher position in their own trade talks with the Trump administration.
“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said. “Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”
3don MSN
President Trump's pause on the steepest China tariffs masks the true cost many importers are facing from stacking of trade taxes.
Five CEOs this week reminded me that this is a truce, not an agreement, and one top Fortune 500 executive who recently met with the Trump administration to discuss tariffs told me the 30% level could be the new norm,
The president returned to Washington from a Middle East trip to find his tariffs and a U.S. debt downgrade remain a concern for businesses and the market.
Philip Richardson’s southern Chinese speaker factory is feeling the pain from the tariff roller-coaster but he still backs the U.S. president.
President Donald Trump, fresh off a trip to the Middle East, renewed his criticism of Federal Reserve Chairman Jerome Powell on Saturday and called on Walmart to "eat the tariffs" rather than raise prices.