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Bussiness

‘We’re concerned’: Walmart, Lowe’s among latest companies to warn Trump tariffs could raise product costs

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Major American retailers Walmart (WMT) and Lowe’s (LOW) raised concerns that President-elect Donald Trump’s proposed tariffs would make their products...
Bussiness

How the Trump tariffs on Taiwan chips could hurt the AI trade — and the likes of Nvidia

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President-elect Donald Trump made raising tariffs on imported goods a tenet of his reelection campaign. And while that could raise...
Bussiness

Trump, tariffs, and one unpredictable economy in 2025

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Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. It’s no...
Bussiness

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

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MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since...
Sports

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

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MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since...
Bussiness

Wall Street makes wagers on the likely winners and losers in a second Trump term

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NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led...
Bussiness

Wall Street makes wagers on the likely winners and losers in a second Trump term

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NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led...
Bussiness

China steelmakers gird for indirect Trump tariffs hit

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By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) - China's steel industry, already struggling with overcapacity and weak domestic demand,...
Bussiness

Automakers brace for new tariffs, EV changes under Trump presidency

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By David Shepardson, Norihiko Shirouzu and Ben Klayman WASHINGTON (Reuters) - Automakers are bracing for President-elect Donald Trump to impose...
Bussiness

US suppliers, importers prepare for promised Trump tariffs

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By Lisa Baertlein and David Kirton LOS ANGELES (Reuters) - Some U.S. businesses are activating plans to protect their businesses...
Bussiness

Exclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

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SHANGHAI (Reuters) - China has told its automakers to halt big investment in European countries that support extra tariffs on...
Bussiness

Trump tells Joe Rogan he supports getting rid of income taxes and instead relying on tariffs—’Yeah, sure, but why not?’

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Former President Donald Trump voiced support for eliminating income taxes and replacing the revenue with receipts from tariffs. During a...
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