Trump’s tariffs have a bad reputation, but they are not failures
Overall, these tariffs help stimulate the economy. If the foreign competition has more barriers of entry, it lends itself nicely to increase domestic manufacturing which in turn creates more jobs…
Trump, Pfizer agree to lower U.S. drug prices, exempt company from pharma tariffs
President Donald Trump on Tuesday announced an agreement with Pfizer to voluntarily sell its medications for less, as his administration pushes to link U.S. drug prices to cheaper ones abroad….
Trump’s tariffs are already spurring Japanese companies to shift more production to the U.S.
Japan’s export volume to the U.S. has fallen to the weakest level since 2021 while its overall exports remain above the 2024 average, Marcel Thieliant, head of Asia-Pacific at Capital…
Trump’s Carveouts Are Growing Alongside His Tariff Wall
The 100% tariff on branded pharmaceuticals that will go into effect on Oct. 1 sounds dramatic. Especially at a time when middle-class complaints about drug prices are a salient political…
US Widens Reach of Export Blacklist to Cover Subsidiaries
The United States is widening the reach of its trade blacklist, making it harder for subsidiaries and affiliates of certain companies to access American products — a move set to…
NRF: Record Halloween spending estimated to reach $13.1 billion
Halloween is a month away, yet retailers have had their merchandise out since late August with the hopes that consumers buy early. The National Retail Federation (NRF) found 49% of…
Ford sees remarkable sales surge in key vehicle category: ‘We’re the only ones doing this’
Ford just reported its best month ever for electric vehicle sales. In August, the automaker sold 10,671 EVs across its lineup, a 19% increase over the same month last year….
US Steel approves $300M in factory investments, JD Fields expands to Maryland
Manufacturing and its role in the United States is top of mind for companies as they look to strengthen their supply chains and operations while navigating the Trump administration’s business…
US Trade Partners Scrap Retaliatory Duties, Vie for More Favorable Trade Terms
Days ahead of a meeting between its leader, President Recep Tayyip Erdogan, and President Donald Trump, Turkey has removed tariffs on some American-made automobiles, agricultural products, chemicals, fuels and alcoholic…
US business activity cools further, no widespread price increases
U.S. business activity slowed for a second straight month in September, and though firms complained about tariffs increasing costs they were not raising prices for their goods and services, which…