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Trump's Tariffs Could Raise Grocery Prices
American Companies Are Stocking Up to Get Ahead of Trump’s China Tariffs
He thinks Trump is serious about his campaign promise to impose tariffs of 60% on all Chinese goods. American businesses are dusting off a playbook they used during Trump’s first term: stocking up on imported goods before tariffs are enacted.
Why Trump’s Tariffs Could Raise Grocery Prices
Groceries that are most likely to be affected are those that are hard to produce in the U.S., like coffee, bananas, or cocoa.
Walmart among US companies raising concerns over proposed Trump tariffs
Tariffs could raise prices on clothing, toys, furniture, appliances, footwear and travel goods, particularly items where China is a major supplier.
China, Hennessy and cognac
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
The cognac industry, which is heavily dependent on exports, now fears it will be targeted in the United States as well as China.
Hennessy plan to trial bottling cognac in China to avoid tariffs prompts strike
Hennessy is studying a plan to bottle cognac in China, the company owned by French luxury giant LVMH said on Tuesday, prompting hundreds of workers at its plant in southwestern France to go on strike.
Hennessy on Strike: Hundreds of Cognac Workers Protest Rumored Production Shift to China
On Monday, French newspaper La Tribune reported that around 500 employees at Hennessy Cognac have walked off the job in protest of a rumored relocation to China. According to the CGT labor union, Hennessy-owner LVMH is considering a plan to export distilled cognac to China,
Xi, China and Olaf Scholz
China's Xi, Germany's Scholz discuss EV tariffs, 'broad market opportunities'
China has asked Germany to support efforts to resolve a dispute between the European Union and Beijing over electric vehicle tariffs
Xi asks Germany's Scholz to help resolve issue of EU tariffs on Chinese EVs
By Andreas Rinke and Eduardo BaptistaRIO DE JANEIRO (Reuters) -Chinese President Xi Jinping told German Chancellor Olaf Scholz on Tuesday he hoped Germany could help the EU and China to resolve the issue of tariffs on Chinese electric vehicles as soon as possible,
China's Xi urges 'strategic' ties in talks with Germany's Scholz
Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a "strategic" and "long-term" perspective Tuesday as he met with German Chancellor Olaf Scholz in Rio de
Reuters on MSN
2h
Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll
The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, ...
5h
on MSN
Nothing China can do if the U.S. slaps 50% tariffs on Chinese imports, research firm says
Brian McCarthy, managing principal at MacroLens, discusses President-elect Donald Trump's choice of Howard Lutnick as ...
5h
World Leaders Seek Stability With China as Biden Exits the Stage
The return to power of President-elect Donald J. Trump, who has vowed to confront China on tariffs, has created deep ...
1d
on MSN
Trump's China tariffs would cut into US defense production, Beijing advisor says
A Chinese researcher warned that tariffs on China could cost the US defense industry needed supplies.
6d
on MSN
Experts say Trump's threatened China tariffs could actually help Beijing weather an economic storm
Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.
13h
on MSN
Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom
Canada’s point person for U.S-Canada relations says she shares U.S. concerns about Mexico serving as as back door for China ...
10h
on MSN
The corporate exodus from China is gaining momentum, study says
The share of companies that are moving operations out of China jumped to 69% in 2024 from 55% in 2022, a Bain survey said.
Cyclingnews.com
1h
'Collateral damage' - What impact could Donald Trump’s tariffs have on the bike industry?
On his campaign trail, the United States of America's president-elect, Donald Trump, proposed to raise tariffs on imported ...
2h
Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Poll
The poll also predicts that the President-elect will resist starting off with blanket 60% tariffs on Chinese goods ...
9h
Trump Picks Wall St CEO Lutnick to Run Commerce, Oversee USTR, Tariffs
WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday he will nominate Wall Street CEO Howard Lutnick to ...
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