In May 2020, during his first term as the president of the US, Donald Trump fired the first salvo. The US commerce department added Chinese tech giant Huawei Technologies to the ‘Entity List’, a measure which prevented the company that sells smartphones, telecom equipment and cloud computing services from accessing advanced computer chips produced or
Amazon’s tariff transparency plans President Trump has said tariffs will likely impact shoppers, saying in a Cabinet meeting that tariffs could lead to fewer, but more expensive gifts this upcoming holiday season. Fox – 5 DC Amazon AMZN.O on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business,
100 days of Trump: 3 key changes impacting people across America 100 days after returning to power, Donald Trump is charging ahead with tariffs, an immigration crackdown and federal cuts, including dismantling DEI. Wisconsin-based Sentry Equipment Corp. lost a $300,000 order from a Chinese customer due to tariff threats and shipping issues. The lost order
Spencer Soper | Bloomberg Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump. The orders for beach chairs, scooters, air conditioners and
Angus MacKenzie | MotorTrend Jaguar, Land Rover are the latest to react to looming tariffs Jaguar and Land Rover have paused U.S. shipments in response, and U.S. preorders of the Nintendo Switch 2 have been delayed. Fox – LA Jaguar Land Rover (JLR) has stopped shipments to the U.S. for one month as it figures
Victoria Waldersee | Reuters Trump announces 25% tariffs on imported cars President Donald Trump announced a 25% tariff on imported vehicles and auto parts, effective April 3, aiming to boost domestic manufacturing. Cheddar Mercedes-Benz MBGn.DE is building up inventory levels in the U.S. at the wholesale level and at dealer lots to get ahead of tariffs due
Dave Campbell | Associated Press Minneapolis — Calls from the United States to Roustan Hockey headquarters in Canada in recent weeks have been anything but routine, as bulk orders of name-brand sticks have suddenly become complicated conversations. “These customers want to know: When their orders ship, will they have to pay an additional 25% tariff?