Tag Archives: tariffs

After Walmart executives said that customers should expect price hikes due to Donald Trump’s trade war, the president said the big box retailer should not raise prices and instead absorb the costs of his tariffs. “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the …

You know how in Mary Poppins, they foreshadow something big with a spooky little ditty — “Winds in the east, mist comin’ in”? Yeah, unfortunately, recessions don’t come with a catchy musical warning. Instead, we get vague economic omens: rising inflation, layoffs, (cough, cough tariffs), and the stock market tanking. …

Walmart, the largest retailer in the nation, has announced it is raising prices because of President Donald Trump’s tariffs. The retail giant said on Thursday that it may absorb some of the import taxes, but it is still raising prices to offset increased costs resulting from Trump’s ill-advised trade war. …

If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Remember when a grocery run didn’t feel like draining your life savings? Eggs were cheap, chocolate didn’t require a second mortgage, and you could fill your cart without …

If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Remember when a grocery run didn’t feel like draining your life savings? Eggs were cheap, chocolate didn’t require a second mortgage, and you could fill your cart without …

John Oliver shared his thoughts on Donald Trump‘s “stupid trade war” on the most recent episode of Last Week Tonight, taking aiming at the president’s repeated comments about dolls. Last week, Trump explained the effects of his tariffs by using the price of dolls going up as an example. “Maybe …

The Trump administration and China have agreed to temporarily scale back tariffs as the two nations take tentative steps towards negotiating an economic ceasefire after over a month of escalation in a trade war that has threatened the global economy. The White House announced on Monday that “in reaching an …

Dock workers and truckers who are out of work or worried about their jobs because China‘s trade with the U.S. is coming to a grinding halt “should be very optimistic and positive, because the president truthed it out,” Commerce Secretary Howard Lutnick said today. Since the punishing 145 percent tariffs …

Federal Reserve Chair Jerome Powell warned on Wednesday that President Donald Trump’s tariff regime could lead to increased inflation and unemployment, as well as a slowdown in the U.S. economy as a whole. “If the large increases in tariffs that have been announced are sustained, they are likely to generate …

Austerity for thee but not for me. As Donald Trump advises the American public on how to save some money — buy fewer dolls, five pencils max — to counteract the effects of tariff-induced price increases, he’s making clear that cost-saving measures don’t apply to his office decor budget. During …