‘As a business owner, you don’t make money right away, right?’ Hamid Chaudhry, 53, from Reading, Pa. “I live in Trump country,” Hamid Chaudhry said. “Nobody is panicking.” The owner of a farmer’s market, he […]
Tag: Fees and Rates)
Apple Leads Tech Stock Sell-Off After Trump Tariffs, Falling 9 Percent
On Thursday morning, Tim Cook, Apple’s chief executive, woke up to the worst day for his company’s stock in five years. Apple shares fell more than 9 percent in response to President Trump’s plan to […]
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
Volkswagen, the German automaker, has told its car dealers that it plans to add an import fee later this month to the price of imported cars sold in the United States. The company’s move is […]
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
In the weeks leading up to his expansive global tariffs, President Trump and his top aides tried to prime the public for economic pain. They warned that while there would be fallout from their aggressive […]
Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
President Trump announced what could be one of the most drastic economic policy changes in decades on Wednesday, when he substituted America’s longstanding system of taxing imports with a new tariff system of his own […]