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, it has flexibility as to where to produce them and making them in America would avoid the tariffs. “Our private label penetration is down now … Read 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 the latest market jolts. “If you want to make a statement to the world, then you’ve got to do something to show them that you … Read More

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 and is eager for more tariffs to raise prices on overseas competitors. Shrimpers and shrimp associations hailed the tariffs as a critical lifeline for an … Read More

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 the issue, according to people familiar with the matter. The world’s largest retailer has not backed down from its requests to suppliers to cut prices … Read More

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 the United States are manufactured in the region, making the world’s largest furniture retailer (arguably) the world’s most vulnerable company to Donald Trump’s “Liberation Day” … Read More

“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 people. They’ve got to look at what they’re buying.” As the president of General Welding and Fabricating, which is across the street from his store, … Read More

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 the Knesset Finance Committee and the Economy and Industry Minister’s signature on the order, the amendment to the order regarding trade levies and protective measure … Read More

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 1.98 million vehicles sold during the year, beating domestic heavyweights Ford and Chevrolet. The U.S. imported $474 billion worth of automotive products in 2024, including … Read More

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 the country — making it the retailer’s second largest source of goods. As it leans to produce more goods domestically, it also sees opportunities to … Read More

“All this crying about the effects of tariffs, I find it interesting because, to me, this is just Wall Street. Now that Wall Street’s upset about it, it’s an issue. Where was Wall Street when all these manufacturing facilities have been leaving the country in the last 30 years?” Read the article.