EU Spares Bourbon as It Plans 25% Tariffs on Some US Goods
The European Union has dropped a planned 50% retaliatory tariff on American whiskey as it’s proposing 25% tariffs on a selection of US goods in retaliation for President Donald Trump’s…
7 Fast-Food Chains Hit Hard by New Tariffs
Subway sources some produce like bell peppers from Canada, which has been hit with a 25% tariff. The sandwich chain also sources produce from Mexico and Guatemala, which have been…
‘Pain in the butt’: How a big Florida furniture importer tackles Trump’s new tariffs
Dining room chairs from Vietnam. Patio recliners from China. Rugs from India. A City Furniture showroom is a global marketplace of imports. Koenig does not anticipate passing along his higher…
Audi Stops All US Vehicle Exports Over Tariffs
In a move that signals more headaches for the auto industry, the company is halting vehicle deliveries to the United States, effective immediately. The decision comes as a direct response…
Tariffs Are a Reason to Cut Taxes and Red Tape
Trump is attempting little less than a revolution in the global economy by reasserting American economic independence no matter the risks or pain. He sees trade deficits as inherently bad—and…
‘We’re not friends’: Canadian union leaders call out American counterparts for supporting Trump’s auto tariffs
Union leaders representing auto workers across Ontario are condemning the stand taken by their American counterparts in support of U.S. President Donald Trump’s tariffs on the vehicle industry, which have…
Tariffs might help this struggling mall anchor chain
CEO Tony Spring thinks the chain has a hidden asset that it can use to protect its business against the impact of tariffs. Because Macy’s owns its private label brands,…
How automakers are responding to the 25% car tariffs so far
According to a Wall Street Journal report, BMW said that it will cover the inflated costs from the Trump administration’s tariffs on its cars made in Mexico, until at least…
We asked US dockers about tariffs. One man’s answer: ‘More!’
“It’s good and bad,” said Manu Logai with a shrug. The 59-year-old longshoreman with 30 years on the job has lived through enough economic upheaval to become almost immune to…
These American industries stand to benefit from Trump’s tariffs
Beer brewers, steel and aluminum companies, shrimpers, and construction and heavy machine manufacturers all stand to benefit. Each of those industries has been hurt by a flood of cheap imports…