Whether they’re paying more to import bananas, ship furniture or change suppliers, it all involves paying more — after a long bout of inflation.
Companies hope to adjust to tariff threats and remain in global markets, says Sarita Jackson, who supports a bigger role for the WTO.
The metals are paired as targets for import duties, but they serve different markets. Domestic steel has spare capacity, aluminum not so much.
The tech giant’s flagship search engine, along with YouTube, have been largely unavailable in China for years.
Over the weekend, President Trump announced he’d be moving forward with tariffs starting tomorrow. Then, Mexico and the U.S. struck a deal to delay those tariffs for one month as the two negotiate border security.
Prices could rise for certain goods, and the economy could tip into recession.