The market was shaken up by Trump's back-and-forth on tariffs. By the time trading ended, stocks had regained some lost ground, but the damage was already done. Interest rates spiked, business activity slowed, and the specter of a recession loomed larger. The chance of a U. S. default crept up to 6%
Farmers in the United States are feeling the pinch of recent trade policies. The Chinese government has slapped heavy tariffs on U. S. exports, and this is causing a lot of worry among farmers. John Pihl has been farming in Northern Illinois for over half a century. He is one of many farmers who ar
The trade policies of the Trump administration have caused a stir among Americans. Some have started to change their spending habits. This is because of the uncertainty surrounding tariffs and their potential impact on the economy. The President's policies have led to a mix of fear and strategic p
In the world of business, companies are finding clever ways to pass on the cost of new tariffs to consumers. Some are being straightforward, while others are taking a more subtle approach. The reason for this? The current trade war has led to increased costs for imported goods, and businesses are lo
The landscape of South Carolina's Upstate region has changed drastically since the 1970s. Back then, it was famous for its textile industry. The cities of Union, Spartanburg, and Greenville were bustling hubs. Trains were constantly moving, carrying materials to and fro. The mills were tall, standin
The sudden spike in tariffs on Chinese goods has left many US businesses in a tough spot. For years, companies like Learning Resources have relied on China for manufacturing. Rick Woldenberg, the CEO, had planned for a 40% tariff increase, thinking it was the worst that could happen. But then, the U
The U. S. economy was in a tough spot. President Trump had thrown a wrench into global trade. He slapped huge tariffs on both friends and foes. This made for an unusual gathering of former Treasury secretaries. They usually welcome the new secretary with smiles and light chat. But this time, th
The mood in the room changed instantly. It was April 2, and the news of new tariffs on Chinese goods had just hit. Matt Rollens, a business owner, was in Las Vegas with hundreds of others. The atmosphere shifted dramatically. The tariffs were a big surprise, and not a good one. Everyone was worried
In the world of online shopping, a big change is happening. The United States has increased the tax on goods coming from China to 125%. This move is expected to shake things up for many Chinese businesses that sell their products on Amazon. These sellers now face a tough decision: raise their prices
The CEO of JPMorgan Chase, Jamie Dimon, has sounded the alarm. He believes that the US economy is in for a rough ride. This is due to a mix of factors, both good and bad. On the positive side, there are potential benefits from tax changes and reduced regulations. However, there are also significant
