Fast-fashion giants like Shein and Temu have been doing booming business in the United States in recent years, in part because of a tariff exemption that’s helped to keep prices low on packages shipped from […]
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As Tariffs Hit, Americans Are Racing to Buy Car Seats, iPhones and Christmas Gifts
Emily Moen, a coffee shop manager in Omaha, was scrolling through TikTok earlier this week when she came across a video informing her that President Trump’s tariffs could lead to higher prices for essential baby […]
What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods. Shoppers buying clothes from retailers in China may soon pay more […]
Fed Under Pressure as Inflation Expectations Rise
Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month: Keeping inflation expectations in check as price pressures rise is their No. 1 priority. On Friday, […]
Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.
On the open 15th floor of a loft building in Midtown Manhattan, about a dozen skilled workers make their way through piles of pants, stitching each piece together with focus and precision. Some of the […]