4/13: Face the Nation – CBS News Watch CBS News This week on “Face the Nation with Margaret Brennan,” U.S. trade representative Jamieson Greer and Minneapolis Fed president Neel Kashkari discuss the latest with the U.S. economy. Plus, the FDA’s former top regulator, Dr. Peter Marks, joins. Be the first to know Get browser notifications […]
Trump warns Walmart against raising prices, saying they should
Trump warns Walmart against raising prices, saying they should “eat the tariffs” – CBS News Watch CBS News President Trump warned Walmart against raising prices on Saturday, telling the nation’s biggest retailer and grocer to “eat the tariffs.” His post comes two days after Walmart’s CEO said prices could rise amid Mr. Trump’s trade war […]
Trump warns Walmart against raising prices, tells company to
President Trump ripped into Walmart, saying on social media Saturday that the retail giant should “eat the tariffs” instead of blaming the duties on imported goods imposed by his administration for its increased prices. Walmart on Thursday warned that everything from bananas to children’s car seats could increase in price despite the softer tariffs on […]
Walmart CEO warns prices will rise due to Trump tariffs
Walmart CEO warns prices will rise due to Trump tariffs – CBS News Watch CBS News The world’s largest retailer says new import tariffs will force price hikes, raising concerns about inflation and how it could affect American shoppers. Jo Ling Kent reports. Be the first to know Get browser notifications for breaking news, live […]
Consumer confidence falls to lowest level in 3 years amid inflation fears, U. of Michigan index shows
Consumer sentiment in the U.S. edged down in May for a fifth straight month as Americans increasingly worry that President Trump’s trade war will worsen inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, declined 2.7% on a monthly basis to 50.8, the lowest reading since July 2022. Since […]
Trump says U.S. will set tariff rates for most nations within weeks
Walmart raising prices amid tariff uncertainty Walmart plans to raise prices as tariff uncertainty looms over upcoming holidays 03:30 President Trump on Friday said his administration will send letters that inform other nations of the tariff rates the U.S. will impose on imports, adding that “it’s not possible to meet the number of people that […]
Walmart Executives Warn of Imminent Price Increases Despite Lowered Tariffs
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Business owner says he’s just trying to stay afloat amid tariff chaos
Business owner says he’s just trying to stay afloat amid tariff chaos – CBS News Watch CBS News A small business owner is fighting to stay afloat amid the tariff chaos. Carter Evans reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source […]
Small businesses face financial whiplash from Trump’s changing tariffs on China
Los Angeles — Business owner Bobby Djavaheri has imported items stockpiled inside his Los Angeles warehouse in anticipation of sky-high tariffs he fears could ultimately destroy his livelihood. “I’m finding myself in a position where I feel like my government’s not supporting me and supporting my cause,” Djavaheri told CBS News. “And it’s a very […]
Your Favorite Cheap Made-In-China Shopping Sites Aren’t Going Dark — Yet
China-based e-commerce sites Shein and Temu will get a chance to stock their U.S. warehouses due to the reprieve in tariffs announced this week, experts say, allowing them to keep fulfilling orders — for now, anyway. The U.S. and China agreed Monday to cut tariffs for 90 days between the two countries from 145% to […]