Tariff
Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when […]
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Trump tariffs will hurt lower income Americans more than the rich, study says
Key Points Tariffs imposed by President Donald Trump are expected to raise costs on products for U.S. consumers. However, tariffs would hurt lower income households with a minimal impact on the top one percent of earners in 2026, according to an analysis by the Institute on Taxation and Economic Policy. Source
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Trump tariffs will hurt lower income Americans more than the rich, study says
Key Points Tariffs imposed by President Donald Trump are expected to raise costs on products for U.S. consumers. However, tariffs would hurt lower income households with a minimal impact on the top one percent of earners in 2026, according to an analysis by the Institute on Taxation and Economic Policy. Source
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T. Rowe Price sees this established strategy as way to ride out market volatility
ETF Edge T. Rowe Price sees this established strategy as way to ride out market volatility Published Fri, Apr 25 20257:00 AM EDT Krysta Escobar WATCH LIVE Source
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Trump refutes China’s claim of no trade talks
U.S. President Donald Trump in the Oval Office at the White House. Leah Millis | Reuters President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that no discussions have taken place to ease the ongoing trade war. “They had a meeting this morning,” Trump told reporters, declining to say to whom he was referring. […]
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American liquor exports hit record high in 2024, driven by tariffs
FILE PHOTO: Workers package bottles of Jack Daniel’s Single Barrel Select Tennessee Whiskey at the company’s distillery in Lynchburg, Tennessee, U.S., on Tuesday, May 18, 2021. Luke Sharrett | Bloomberg | Getty Images U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. […]
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Hasbro forecasts as much as $300 million impact if China tariffs don’t come down
Hasbro board games are seen for sale at a Target store in Austin, Texas, on Dec. 12, 2023. Brandon Bell | Getty Images If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected […]
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Fewer Americans are planning summer vacations. Travel costs aren’t the top reason
Fewer Americans are planning to travel this summer, according to a survey by the consumer finance company Bankrate. Some 46% of respondents said they are planning a summer vacation this year — down from 53% in 2024. Of those who don’t intend to travel, nearly two-thirds (65%) said money was the main reason. However, it’s […]
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China to allow overseas investors access to more sectors
Shipping containers at the Yangshan Port outside Shanghai, China, on Feb. 7, 2025. Go Nakamura | Reuters China’s state regulator and planning council published a new version of its “negative list” that relaxes barriers to entering the world’s second-largest economy, reducing the number of restricted industries to 106 from 117. The so-called negative list specifies […]
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5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Tesla’s future
Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey. Brendan Smialowski | Afp | Getty Images Elon Musk tried to rally Tesla bulls Tuesday, brushing […]
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