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General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
But for many foreign companies, the slide in the US dollar has incentivized them to raise their invoice prices to compensate, ...
Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...
Companies are rerouting supply chains, sharing costs with suppliers, and, yes, raising their prices.
More than three weeks since Liberation Day it looks like U.S. importers are bearing the brunt of the tariff costs so far.
Small business owner Legrand Lindor knew tariffs were coming, but when a $5,000 import tax bill came on aluminum components ...
With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.
Donald Trump said his tariffs would make the US car industry “great again”, but a different story is starting to emerge.
In an Allianz Trade survey released May 20, 54% of U.S. companies said they will increase prices due to higher tariff rates, while just 15% plan to absorb increased costs.
WASHINGTON (AP) — An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans, a sum that could be ...
The company said a 20% U.S. tariff on imports from the European Union, which Mr. Trump announced on April 2 before pausing them, would require the company to hike prices by 10% beginning April 15.
The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America's largest trade partner in a move economists have warned would have ...