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Trump’s washing machine tariffs stung consumers

President Trump’s decision to impose tariffs on imported washing machines has had an odd effect: It raised prices on washing machines, as expected, but also drove up the cost of clothes dryers, which rose by $92 last year......»»

Category: topSource: moneycentralApr 22nd, 2019

Trump finally acknowledges his tariffs could hit consumers

With his announcement of a delay in tariffs on Chinese goods, President Trump contradicted his own mantra that the Chinese are paying the full price of his tariffs......»»

Category: topSource: washpostAug 13th, 2019

Footwear companies "not satisfied" by tariff delay

The footwear industry's leading trade groups on Tuesday welcomed a delay in new tariffs on Chinese goods and said the postponement is an acknowledgment that tariffs hit the wallets of consumers. The Trump administration earlier in the day announced.....»»

Category: topSource: bizjournalsAug 13th, 2019

Trump defends stance on China trade after new tariffs

U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill......»»

Category: topSource: reutersAug 3rd, 2019

Oil prices rebound after Trump trade tariffs trigger plunge

Oil prices rose more than $1 on Friday, rebounding from their biggest falls in years after U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between the world's two biggest economies and crude consumers......»»

Category: topSource: reutersAug 2nd, 2019

Free-spending consumers lift company profits, but Trump tariffs now loom

U.S. President Donald Trump's plan to slap new tariffs on Chinese imports comes on the heels of unexpectedly strong second-quarter results for automakers, consumer products companies and restaurant chains, boosted by spending on high-end products.....»»

Category: topSource: reutersAug 1st, 2019

U.S. retailers blast new China tariffs, see boost in consumer prices

President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1 will hit consumers at the start of the important back-to-school buying season, four large retail trade associations warned on Thursday......»»

Category: topSource: reutersAug 1st, 2019

Pricier grills but cheaper meat: how Trump"s trade policy plays on July 4

U.S. consumers likely paid more for grills to cook their Independence Day hot dogs and burgers this year because of the U.S.-China trade war, but they will find some consolation in less costly meat for cookouts as tariffs curb U.S. exports......»»

Category: topSource: reutersJul 3rd, 2019

U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades

U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday......»»

Category: topSource: reutersJun 24th, 2019

More than 600 US companies urge Trump to resolve trade dispute

Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers......»»

Category: topSource: moneycentralJun 13th, 2019

Hundreds of US companies urge Trump to resolve trade dispute

Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers......»»

Category: topSource: moneycentralJun 13th, 2019

Hundreds of US companies urge Trump to resolve trade dispute

Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers......»»

Category: topSource: moneycentralJun 13th, 2019

Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter

Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers......»»

Category: topSource: reutersJun 13th, 2019

GOP lawmakers discuss vote to block Trump’s new tariffs on Mexico, in what would be a dramatic act of defiance

Republican aren’t eager for a fight with Trump. But some feel they might have to take action, as consensus grows that the new tariffs would amount to a tax increase on American businesses and consumers......»»

Category: topSource: washpostJun 4th, 2019

Mexican economy minister says impact of tariffs would hit all 50 U.S. states

Mexico's Economy Minister Graciela Marquez said on Monday that the tariffs U.S. President Donald Trump has threatened to place on Mexican exports would impact all 50 U.S. states and harm value chains, consumers and trade-related jobs in both nations......»»

Category: topSource: reutersJun 3rd, 2019

President Trump says he"ll put 5% tariffs on all goods from Mexico

President Trump’s threat to put tariffs on all goods from Mexico could push up prices for U.S. consumers. The surprise announcement last night i.....»»

Category: topSource: moneycentralMay 31st, 2019

Trump's Mexico tariffs could cost Detroit automakers billions

If carmakers pass on costs to consumers, vehicle prices could rise by almost $2,500 for GM products, estimate says, and US sales cou.....»»

Category: topSource: usatodayMay 31st, 2019

From Guacamole to Tequila, Trump"s Mexico Tariffs Tax Partygoers

It’s effectively a tax on partying: Just in time for summer in the U.S., the cost of chilling out with some guacamole and a margarita is about to go up for consumers......»»

Category: topSource: moneycentralMay 31st, 2019

Trump"s tariffs could send shoppers running to these retailers

TJX Companies CEO Ernie Herrman said that higher prices at other stores could encourage consumers to shop at budget stores like TJ Maxx......»»

Category: topSource: moneycentralMay 21st, 2019

Nike, Converse, Adidas among 170 shoe retailers warning Trump against trade war with China

The shoe sellers signed off on a letter to the White House warning of the “catastrophic” effects Trump’s proposed 25 percent tariffs would have on consumers, companies and the American economy......»»

Category: topSource: washpostMay 21st, 2019

Nike, Adidas call tariffs "catastrophic" in open letter to Trump

Nike Inc., Adidas AG and other footwear giants urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our companies and the American economy as a whole.”.....»»

Category: topSource: moneycentralMay 20th, 2019