In U.S. Senate, Guardian Bikes CEO Touts Tariffs, Private Capital As Key To Reshoring Mission
As the Administration works to reshore production of automobiles, trucks, and airplanes, they should not forget about bicycles. The labor-intensive nature of bicycle manufacturing can rapidly create thousands of good…
Steve Moore Admits He Was ‘Wrong’ In Predicting Trump’s Tariffs Would Cause Inflation To Spike
Former Trump administration official Steve Moore admitted Tuesday that increased inflation from tariffs imposed by President Donald Trump “just isn’t showing up.” The Consumer Price Index rose 2.3% year-over-year in…
Amazon CEO says customer demand, prices steady despite tariffs
Amazon.com Inc. Chief Executive Officer Andy Jassy said the online retailer hasn’t seen any meaningful reduction in consumer spending or an increase in prices as a result of tariffs introduced…
Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump
The remarks came as Target reported weaker-than-expected sales in its first quarter and cut its full-year forecast. The retailer, whose business hasn’t fared as well against rivals better known for…
Home Depot doesn’t plan to raise prices due to tariffs. But some items may disappear
The country’s largest home improvement chain weighed in during a call with investors about its earnings report, just days after Walmart drew President Trump’s ire with a warning that his…
Chinese exporters are offering sweet deals to U.S. businesses. They often come wrapped in fraud
Chinese exporters are offering lucrative deals to U.S. customers with promises of bearing the full burden of tariffs. Look beneath and there’s a web of illicit activity that’s propping up…
Trump warns America’s businesses: Eat my tariffs, or pay the price
Trump’s demands thus far appear aimed at big companies and their significant profits — echoing former President Joe Biden’s populist “greedflation” mantra, which accused companies that raised prices of taking…
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…