Japan offers to import Japanese cars from the US
One major point of contention in the Japan-US negotiations has been the massive imbalance in car sales between the second and third biggest car-making countries in the world. Toyota alone…
Tariff-Proofing: Marketers Are Shifting Their Sourcing And Turning To Owned Channels
Moreover, 38% of the marketers polled have already shifted sourcing/manufacturing or plan to do so in the next 12 months. And 52% are exploring such shifts, while 68% are adjusting…
Walmart warns it will raise prices because of tariffs
Walmart’s business in the United States remains strong, despite tariffs and recession fears, and the company may benefit from the trade war. “We are equipped to manage this as well…
What kinds of companies can easily move manufacturing to the U.S.?
Reuters is reporting that Kraft Heinz, maker of ketchup and Kool-Aid and Philadelphia cream cheese, is planning to invest $3 billion to upgrade its U.S. factories to help lower costs,…
The tariffs are here. Inflation isn’t. What gives?
The CPI report will likely bolster the administration’s claims that grim forecasts for the economy have been overblown. Most polls have Trump’s approval rating underwater as voters sour on his…
Trump tariffs have little impact on prices so far, defying grim forecasts
Prices climbed at an unexpectedly slow pace last month, offering a boost to President Donald Trump, whose aggressive trade policies have sparked fears of a resurgence in inflation. The Labor…
The U.S. and China announce a deal to cut tariffs, temporarily easing trade war
U.S. levies on Chinese goods will drop from at least 145% to a base levy of 30% for an initial period of 90 days, while Chinese levies are set to…
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March and more than double the $7.1 billion a year ago, the Treasury Department…
Inside China’s decision to come to the table on Trump tariffs
Among the main drivers of Beijing’s climb-down were internal signals that Chinese companies were struggling to avoid bankruptcies and to replace the U.S. market, three people familiar with the Chinese…
My solution to Trump’s tariffs: I’m starting a U.S. factory to save my small business
My business, my tiny team, and my family’s livelihood are all on the edge of collapse if I don’t do something in response to the tariffs. Like any problem-solving small-business…