The stock market in the US had a wild ride on Monday. This happened after President Trump's tariffs on imports kicked in. These tariffs are a 10% tax on goods coming into the country. The market opened with a big drop. At one point, the S&P 500 fell into what's called a bear market. This means it dr
The economic landscape is shifting, and not in a good way. Tariffs, those extra fees on imports, are back in the spotlight. A big boss at a major bank has spoken out about them. He thinks they'll make prices go up, both for things made here and things brought in from other countries. This could slow
In April 2025, a significant legal challenge emerged, targeting the sweeping tariffs imposed by the Trump administration. These tariffs, affecting imports from numerous countries, were justified under the International Emergency Economic Powers Act. This law has never been used for such a purpose be
The world of politics and business is no stranger to drama, and the latest episode involves a billionaire and a trade advisor. The billionaire in question is Elon Musk, known for his ventures in electric cars and space exploration. The trade advisor is Peter Navarro, a key figure in the Trump admini
The US is gearing up for a significant shift in global trade. Top officials have made it clear that the country is not backing down from its plans to impose hefty tariffs on imports. This move is part of a broader strategy to overhaul international trade practices, which the administration believes
The small, vibrant candy store, Economy Candy, is a treasure trove of sweets from around the globe. It's a place where you can find gummies from Germany, lollipops from Spain, and chocolates from Japan. The owner, Mitchell Cohen, knows firsthand how the recent tariffs are affecting his business. Ta
Car lovers in the U. S. might have to wait a bit longer for their new Jaguar or Land Rover. The British car giant has decided to hit the pause button on shipments to the U. S. for the entire month of April. Why? The company is trying to figure out how to handle the new tariffs that U. S. President D
Vietnam is pushing back against the US's recent tariff hikes. This move is a test of how flexible the US is willing to be with its trade policies. The nation's economy has been thriving, thanks to a surge in manufacturing and exports. This boom is partly due to companies shifting their supply chains
Trade tensions are in the spotlight as many nations react to recent tariff announcements. Trump's top economic advisor, Kevin Hassett, has revealed that over 50 countries have reached out to discuss these new tariffs. This move comes after Trump's decision to impose a 10% tariff on all imports and
In Golden, Colorado, Ben Coryell is feeling the pressure. He leads a company that takes people on adventures in the wilderness. It has been a tough time for him. Many customers have been calling to cancel their bookings for summer trips. They are worried about spending a lot of money. The reason? Th
