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
Pete Schroeder and Michael S. Derby | Reuters Powell to remain Fed chair, ‘no intention’ on firing him, Trump says President Donald Trump says he has no intention on firing Federal Reserve chairman Jerome Powell, but he would like to see interest rates cut. Concerns about trade policy, particularly tariffs and a potential trade war,
Jamie L. LaReau and Jackie Charniga | Detroit Free Press Trump’s auto tariffs to hit $460 billion of US vehicle, parts imports As Donald Trump’s 25% tariff on U.S. auto imports kicks in, the levies look set to upend the industry. A Reuters calculation shows the duties will hit some $460 billion worth of cars
In response to the current economic turmoil, turmoil Trump alone has caused with his stupid tariffs, investors are dumping U.S. bonds. Letters to the Editor | Milwaukee Journal Sentinel Republican party starts to split as Trump hits the economy Some Republicans share their frustration after President Donald Trump hits the economy with tariffs. Well, President
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
Nathan Gomes | Reuters How many cars are fully American-made? Not many. Here’s what we know. President Trump hopes to encourage companies to build cars in the U.S. But are any cars fully American-made? Here is what we know now. CarMax KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump‘s latest tariffs
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
Anjana Anil and Anushree Mukherjee | Reuters White House downplays recession fears amid stock market concerns A new poll found that 70% of Americans, including a majority of Republicans, think President Trump’s trade policies will push prices higher. Scripps News Gold prices soared to record levels above $3,100 per ounce in a rally marking one