Grocery shoppers are likely to feel the impact of the Trump administration’s sweeping new tariffs before April is over. And the first place they’ll feel it is in parts of the store where the inventory has to move fast. In the produce aisle, food analysts said Thursday, expect small price increases on everyday purchases like…
When President Trump announced sweeping tariffs this week, some of the biggest tech companies had obvious reasons for worry. Apple, Dell, Oracle, Hewlett-Packard — which rely on hardware and global supply chains that are in the direct line of fire from tariffs — saw their shares go into free-fall. But there was another big tech…
Newer and more expensive medications are more likely to be made in the United States or Europe. Ireland, in particular, has become a hub because it is a tax haven. Many of the industry’s biggest blockbusters are manufactured at least partly in Ireland. Among them are: Keytruda, Merck’s cancer drug; Zepbound, Eli Lilly’s weight-loss drug;…
Grocery shoppers are likely to feel the impact of the Trump administration’s sweeping new tariffs before April is over. And the first place they’ll feel it is in parts of the store where the inventory has to move fast. In the produce aisle, food analysts said Thursday, expect small price increases on everyday purchases like…
The last few decades have been a glorious time for wine lovers in the United States. Consumers have had access to an unparalleled diversity of choices from around the world. This golden era may soon end as President Trump’s new tariffs take effect, raising prices on virtually all wines, foreign and domestic. Beginning this month,…
Taiwan, the center of the global supply chain for computer chips, woke up on Thursday to the news that President Trump had put new 32 percent tariffs on the island’s exports to the United States. Except for semiconductors. The decision not to impose tariffs on the chip sector does not mean they won’t be coming…
Tariffs on imported vehicles took effect Thursday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousands of dollars. The 25 percent duty applies to all cars assembled outside the United States. Starting May 3, the tariff will also…
President Trump says he is outraged by the fact that the United States imports more goods than it sends to the rest of the world. What he rarely mentions, though, is that when it comes to services, the tables are turned. Service sectors — which include the finance, travel, engineering and medical industries and more…
When President Trump first pushed tariffs on China in 2018, Apple began moving more production of iPads and AirPods to Vietnam and iPhones to India. But with Mr. Trump’s return to the White House, that strategy may have backfired for the world’s most valuable publicly traded company. On Wednesday, Mr. Trump said that the United…
Automakers can respond to President Trump’s new 25 percent tariffs on imported cars and parts in several ways. But all of them cost money and will lead to higher car prices, analysts say. Manufacturers can try to move production from countries like Mexico to the United States. They can try to increase the number of…
