China, Trump and tariff
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President Donald Trump announced that China and US had agreed to pause escalating tariffs for 90 days. Massachusetts has its own imports and exports.
Walmart CEO Douglas McMillon said that the retail giant is being forced to raise its prices as a direct result of the president's trade war.
President Donald Trump’s decision to impose a steep tax on most goods that come into America has tested the mettle of small business owners whose companies are reliant on global trade.
Shark Tank” investor Kevin O’Leary said in a Monday interview that retailers are not going to “eat the tariffs,” despite pressure from the Trump administration to do so. “This idea that the
Oregon construction helmet maker Studson faces high China tariffs amid expansion, threatening operations and prompting plans to diversify manufacturing.
For months, American consumers and businesses have been hearing that President Trump’s massive tariffs would drive up prices and hurt the U.S. economy.
Stocks entered the green for the year as investors cheered the US-China trade thaw. Five CEOs this week reminded me that this is a truce, not an agreement, and one top Fortune 500 executive who recently met with the Trump administration to discuss tariffs told me the 30% level could be the new norm, barring a major breakthrough.
Trump’s latest plan, while acknowledging that his own self-imposed 90-day deadline to make trade deals with some 180-odd countries is simply too tight to meet, there are hints of a surprising tweak.