Business
Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty three days of losses. More than $6.5…
Tag
Customs (Tariff)
News
Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate…
News
Chinese Factories Slow in Early Sign of Trade War’s Toll
President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of…
Business
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Faster coffee. More baristas. More seating. Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is…
Business
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
News
White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon.…
News
West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Census Bureau data released on Tuesday showed a surge in U.S. imports starting last fall, from $268 billion at the end of October to $343…
News
Trump to Sign Executive Order Walking Back Some Auto Tariffs
President Trump plans to sign an executive order Tuesday that will walk back some tariffs for carmakers, administration officials said,…
News
How Trump May Unintentionally Cut Carbon Emissions
President Trump has expressed little interest in fighting climate change. One of his key cabinet officials has even sought to evaluate…
News
New Data Provide a Pre-Tariff Snapshot of a Stable but Slowing Labor Market
The labor market remained sound in March, with job openings declining but layoffs remaining near record lows, while rates of new hiring…
News
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…
News
Retailers Fear Toy Shortages at Christmas as Tariffs Freeze Supply Chain
President Trump’s China tariffs are threatening Christmas. Toy makers, children’s shops and specialty retailers are pausing orders for the…
News
Adidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect
The German sportswear company Adidas said on Tuesday that the increase in tariffs would lead to higher prices for its sneakers and…
News
Trump’s 100-Day Economic Report Card
Trump’s tumultuous start When President Trump took office in January for his second term, business leaders anticipated an administration…
News
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President…
News
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car…
News
Trump’s ‘Buoyant’ Trade Warrior Flexes His Power Over Global Business
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies…
News
Why Trump’s Economic Disruption Will Be Hard to Reverse
President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in…
News
Canada Election: It’ll Be Carney or Poilievre Against Trump’s Tariffs
Canada chooses a leader to take on Trump Canadians vote on Monday to determine which political party forms their next government. But…
News
Trump’s Tariffs Prompt Wave of Lawsuits
Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief…
News
Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent tariffs imposed by President Trump on imported cars have added to the pressures on vehicle manufacturers around the world,…
News
Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make…
News
How Tariffs Could Make Americans’ Hobbies More Expensive
Hobby forums, normally places for trading tips about knitting patterns and sharing photos of new projects, are now hosting in-depth…
News
China Rejects Trump Claim of Tariff Talks With Xi
President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on…