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…
Walmart Keeps Price Pressure on Suppliers After Beijing Pushback
Walmart Inc. is continuing to push Chinese suppliers to cut prices to offset President Donald Trump’s tariffs, even after Beijing officials summoned the US retailer’s executives last month to discuss…
Made in the USA — Trump’s New Tariffs Could Hit 90% of IKEA Products
Swedish-owned IKEA closed a Danville, Virginia factory in December 2019 and moved it to Europe. That looks now to be a bad decision. Just 10% of IKEA products sold in…
‘Made in America is getting strong’: Trump’s tariffs encouraging for U.S. manufacturers
“With current times, made in America is getting stronger,” said Mark Andol, owner of the Made in America Store in Elma. “I think made in America is getting important to…
Israel cancels all import duties on American-made goods
Israel has cancelled all of the customs duties – tariffs – that have been levied until now on products from the US, Israel’s largest trading partner. After the approval of…
Trump tariffs jolt Asian automakers — Toyota likely set for most pain
According to U.S. car marketplace Carpro, Asian automakers made up six of the top eight automakers in the U.S. by sales volume in 2024. Toyota took the top spot with…
Williams-Sonoma says tariffs present opportunity
The retailer also aims to move some production back to the U.S., which is already one of its major manufacturing hubs. Howie said Williams-Sonoma procures 18% of its products coming from…