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How do tariffs work and will Trump’s plan cause inflation?

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President-elect Donald Trump has said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.During his 2024...
Horoscope

Justin Trudeau panics as Trump threatens to impose ‘devastating’ tariffs on Canada, makes urgent call to…

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Canadian Prime Minister Justin Trudeau reacted swiftly after US President-elect Donald Trump threatened to levy tariffs on Chinese, Mexican, and Canadian exports...
Bussiness

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

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NEW YORK (AP) — President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as...
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

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...
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