News

General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Companies are rerouting supply chains, sharing costs with suppliers, and, yes, raising their prices.
Who’s paying for Donald Trump’s tariffs? So far, American businesses and consumers. General Motors Co. was the latest US ...
More than three weeks since Liberation Day is looks like U.S. importers are bearing the brunt of the tariff costs so far.
Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...
Small business owner Legrand Lindor knew tariffs were coming, but when a $5,000 import tax bill came on aluminum components ...
Donald Trump said his tariffs would make the US car industry “great again”, but a different story is starting to emerge.
A global plunge in prices, led by increased production from China, and U.S. tariffs threaten steel manufacturing, which has ...
President Donald Trump's reasoning that tariffs will punish Canada for its role in the drug crisis doesn't hold water.
US pharma tariffs may start low and rise, risking drug shortages, higher costs, and pressure on generics amid reshoring push.