It Is Happening Every Day, Every Where
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.
Many Americans have purchased foreign-made products out of fears that companies could start to raise prices soon.
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.
Even companies that make clothing in America aren’t feeling great about stiff duties on their overseas competition.
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.
Egg prices have reached record highs as bird flu outbreaks have hit poultry farms and forced producers to cull tens of millions of hens.
The slide in crude prices signals deteriorating confidence in the strength of the economy.
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.