Walmart Shoppers Could Be Next Victims of Trump's Trade War
Walmart warns the Trump administration it may be forced to raise prices in response to tariffs.
Walmart warns the Trump administration it may be forced to raise prices in response to tariffs.
The unseen consequences of the trade war matter as much as the more visible.
Chinese entrepreneurs worry that the trade war will "put them in the Communist Party's crosshairs," and make further market reforms politically difficult.
If Trump presses ahead with plans to tax all Chinese imports, the added costs would cancel out the economic benefits of last year's corporate tax cut.
The only goal of tariffs is to change consumer behavior. If consumers won't notice the costs, the tariffs have already failed. Or maybe Ross is lying.
The president's economic agenda is harming American businesses and consumers.
The president believes "TRADE IS BAD!" These firms would beg to differ.
The Chinese tariffs have clobbered the lobster market, with prices falling to two-year lows.
Building iPhones entirely in the U.S. would double or triple their retail prices. There's no way Apple is going to do that.
By making it harder for smokers to switch to vaping, the Trump administration's tariffs would strike a blow against public health.
"Why do you have these views [on trade]?" Gary Cohn reportedly asked Trump. "I just do," Trump replied.
In Utah, Texas, and elsewhere, construction costs for new homes are up by about 60 percent this year.
If only there was something he could do about those tariffs...
Another $16 billion in Chinese good are facing tariffs, but Trump wants more. Meanwhile, more signs say the trade war will slow economic growth.
A Colombian company is undercutting its U.S. competitors, who have been forced to raise their prices because of tariffs.
Trump is wrong about tariffs and so was Alex Hamilton.
Commerce Department now has 120 people working full-time deciding which businesses are exempt from tariffs.
American farmers have already fallen victim to Trump's trade war with China. Could Alaskan fishermen be next?
Alcoa says it needs protection from protectionism. That should be a lesson for the administration.
The Peak Pegasus is both a casualty and a metaphor for Donald Trump's trade war.
Trump's economic ignorance is on display.
A South Carolina TV manufacturing facility will close its doors, and Trump's threatened auto tariffs could do yet more damage to the state's economy.
The podcast crew takes on the The New York Times' controversial new hire, Trump's trade war escalations, Medicare-for-all, and 3D-printed guns.
Tariffs will generate $21 billion this year-just .01 percent of the national debt. And aren't these tariffs supposed to be about national security?
Another unseen cost in Trump's misguided trade war, which escalated again today.
The president trade war is harming American small business.
It could cost $39 billion to cover the damage caused by Trump's trade war.
Don't blame progressive city leaders for this increase.
U.S. Steel and other manufacturers are lobbying to block waivers, creating chaos along supply chains.
The nation's GDP rose 4.1 percent in the second quarter, but those good numbers aren't likely to last.
The president's longstanding obsession with trade deficits reveals mercantilist instincts he cannot escape, no matter how much he talks about zero tariffs.
Europe already imports soybeans for free, and the European market isn't big enough to make up for China anyway.
It's too soon to call this a truce in the trade war. But we may have a temporary ceasefire.
Unsurprisingly, the bureaucratic, cronyist process for getting an exemption is not in fact protecting American steel jobs.
Tariffs are so great that we have to create new government programs to compensate the victims of tariffs.
He's so, so wrong about that. But at least he's admitting a trade war won't be good or easy to win.
All of them. $500 billion's worth.
Representatives of the auto industry are in Washington to deliver an obvious message to the oblivious Commerce Department.
Tariffs always divert resources toward government-favored firms and away from everyone else.
The United States has accused the victims of its tariffs of engaging in unfair and punitive measures with their retaliatory tariffs.
Tariffs let the government pick winners and losers-but sometimes even the winners get hung out to dry.
Food prices are rising, and they're likely to soar even more
But will Congress act to rein in Trump?
Amash wondered why Mitch McConnell and Paul Ryan even want to be leaders in Congress "if all they intend to do is outsource their jobs to the president."
Is Congress finally ready to get into the fight?