Tag: Tariffs
Home Depot CFO Affirms No Price Increases Due to Tariffs
Home Depot is sticking by its sales forecast for the year, despite the looming threat of tariffs. In an interview with CNBC, Chief Financial Officer Richard McPhail assured that the retail giant has no...
Which Companies Will Increase Prices Due to Tariffs?
So, like, the whole tariff situation is kinda messy, right? I mean, Trump decided to delay slapping tariffs on imports to America for 90 days, which is a relief for some company bosses. But...
Walmart CFO Warns of Tariff-Related Price Hikes Starting Soon
Walmart, the big-box retailer, missed quarterly sales estimates by a hairline on Thursday. This was due to the impact of higher tariffs, which even the world's largest retailer couldn't escape. Despite this setback, the...
Fed Expected to Maintain Interest Rates Amid Tariff Uncertainty
Federal Reserve Chair Jerome Powell and his colleagues are expected to keep interest rates unchanged Wednesday, ignoring President Trump's criticism of the central bank for not lowering rates. The decision to maintain the Fed's...
Shein & Temu Prices to Increase Due to New Tariffs
An illustration photo of the logos of Chinese shopping apps Taobao, AliExpress (L), Shein (R) and Temu on a smartphone screen. KIRILL KUDRYAVTSEV/AFPThey're still cheap by any measure, just not as cheap. The world...
February Inflation Eases Amid Tariff Uncertainty
In February, the nation saw a slight decrease in inflation, offering a glimmer of hope amidst ongoing economic uncertainties. While consumer prices rose 2.8% from the previous year, a slower pace compared to January's...
Auto Union Leader Unexpectedly Supports Trump on Tariffs
UAW President Shawn Fain, who once criticized President Trump, has now surprisingly expressed support for Trump's tariffs on North America. This unexpected alliance between Fain and Trump has sparked a wave of speculation and...
David Wessel on Tariffs and the Economy’s Direction
President Trump's recent imposition of tariffs has caused a significant downturn in the markets and has left many consumers feeling uneasy about the state of the economy. In a recent interview, David Wessel, a...
Fashion Brands Shein and Temu Targeted by Donald Trump
In a recent turn of events, American consumers have found themselves facing higher costs for online shopping due to a significant change in policy by former President Donald Trump. On February 1st, Trump eliminated...