CEO says his sales tripled when Trump’s tariffs hit: Americans have ‘a big opportunity’ to change how they make big purchases
The CEO of Back Market, an online marketplace for used and refurbished tech devices, says he’s witnessed the sales jump firsthand. Back Market saw its sales triple over a single…
Tariffs Can Work For Us – Letter
I read an online blog posted by a man that showed, in a simple example, how tariffs can work FOR us. He uses a simple padlock, one manufactured in China,…
In China’s ‘Christmas Town,’ Trump’s tariffs are dimming the lights
For many vendors, the measures have already cost them customers, slashed their profits and forced them to pivot to other markets. When CNN visited the market earlier this week, many…
MP Materials cuts off US rare earth to China amid ongoing tariff battle
In response to China’s retaliatory tariffs and export controls, MP Materials, which owns the only U.S. rare earths mine, announced Thursday they will be ceasing shipments of rare earth concentrate…
Trump Moves to Levy Chinese Vessels in Widening Trade War
Under a plan put forward by the US Trade Representative on Thursday, all Chinese-built and -owned ships docking in the US would be subject to a fee based on the…
Hong Kong suspends package postal service to the US after Trump’s tariff hikes
Hong Kong’s postal service will stop handling packages coming from or going to the United States, in the latest retaliatory move amid an escalating trade war between Washington and Beijing….
Agawam steel manufacturer benefitting from new tariffs
Because the tariffs avoid anything made nationally versus internationally, Gagnon has avoided price increases for his products and is fighting off the international competition. Additionally, even though half of his…
Trump’s tariffs leave China’s neighbours with an impossible choice
Trump tariffs in 2016 sent a glut of cheap Chinese imports, originally intended for the US, into South East Asia, hurting many local manufacturers. But they also opened new doors…
US Will Impose 21% Tariff on Mexican Tomatoes Starting in July
The US will begin imposing tariffs of more than 20% on most imports of tomatoes from Mexico, citing “unfairly priced” shipments from the country. A current trade agreement with Mexico…
Hyundai CEO Sees Gradual Rise in Car Prices Easing Tariff Shock
Hyundai Motor Co.’s top executive expects car prices to remain relatively steady over the coming months despite added costs from the escalating global trade war, as automakers try to maintain…