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Tariffs could lead to 12,000 store closings

CLOSE Business leaders at a trade event in Denver on Tuesday said the Trump Administration’s proposed 25% tariffs on a wide range of Chinese goods will mean higher costs that will have to be passed on to consumers if the tariffs take effect. (May 14) AP, APThe trade war with China could cause prices to […]

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Donald Trump will lift aluminum, steel tariffs on Canada, Mexico

CLOSE President Donald Trump’s new immigration proposal would create a system to prioritize highly skilled immigrants. USA TODAYWASHINGTON – President Donald Trump will suspend tariffs on steel and aluminum that were imposed on Canada and Mexico a year ago in an effort to gain leverage in broader trade negotiations, the White House said Friday.  Trump was poised […]

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Donald Trump set to lift aluminum, steel tariffs on Canada, Mexico

CLOSE President Donald Trump’s new immigration proposal would create a system to prioritize highly skilled immigrants. USA TODAYWASHINGTON – President Donald Trump is poised to suspend tariffs on steel and aluminum that were imposed on Canada and Mexico a year ago in an effort to gain leverage in broader trade negotiations, sources familiar with the agreement said […]

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Walmart, Macy’s warn of tariffs boosting prices for consumers

Lauren Thomas and Courtney Reagan, CNBC Published 12:04 p.m. ET May 16, 2019 | Updated 12:08 p.m. ET May 16, 2019Walmart shares rose somewhat after it released mixed fiscal first-quarter financial results before the markets opened on Thursday. (Photo: MikeMozartJeepersMedia / Wikimedia Commons)The biggest retailer in the world is warning another round of tariffs could hit […]

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Analysis: Does Trump understand tariffs?

President Donald Trump is a self-described “Tariff Man” whose hawkish views on trade represent a rare constant in his flexible ideology. But his assertions about trade policy suggest he either can't, or won't, grasp the fundamentals of the issue. (May 14)