How businesses are resorting to risky tactics to dodge 145% tariff on China
US and Chinese companies are rushing to find a way to skirt President Trump’s sudden tariffs on Beijing imports. Some rely on dangerous tactics to operate products through other countries, Post learned. According to logistics data provider Vizion, US manufacturing orders from China fell by nearly two-thirds in the first week of April. Trump reportedly […]
Trump’s tariffs are putting consumers and businesses in a bind, tech group warns
Ed Brzytwa, Vice President of International Trade at the Consumer Technology Association, discusses how tariffs create uncertainty and economic headwinds for businesses in the industry. president Donald Trump’s tariffs It creates uncertainty about trade policies and calm business decisions by companies in the consumer technology industry. As a result, small businesses face difficult choices and […]
US small businesses tethered to China sell off inventory, cut jobs amid escalating trade war: sources
US small and medium-sized businesses with deep ties to China are screaming that they are floating by selling inventory and cutting jobs as the trade war escalates between the two biggest economies in the world. The Trump administration raised tariffs on goods from China to 145% last week. Large companies caught up in Crossfire have […]
Lawsuit from small businesses argues Trump admin doesn’t have authority to issue tariffs
The president’s authority issuing full tariffs through lawsuits from groups of five small businesses. President Donald Trump issued a 10% tariff on all imports and higher tariffs in several countries during the “liberation date” ceremony on April 2nd. Since then, he has cancelled many of the mutual tariffs while increasing Chinese tariffs. “The trade deficit […]
Small businesses take it on chin in Trump’s tariff war — here’s how they’re trying to weather storm
Trump’s tariffs govern American businesses all over the board, but it’s the small businesses that really put it on their jaws. Small businesses account for $868 billion, or about a third of US imports, per year, according to the Census Bureau. These companies are smaller than those of Microsoft, Amazon, Lululemon, but rely on Chinese […]
Trump poised to pick fight with big banks over lending for small businesses
Jamie Dimon, Brian Moynihan, Jane Fraser and other heads of major banks have something to fear from Donald Trump sooner than his tariff war. Sources close to the Trump administration say Donald and his economic team are planning to promote commercial banks by requiring locations like CEOs and, more importantly, JP Morgan, the US Bank […]
Time for businesses to return to their essential purpose
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STEVE MOORE: Biden Is Still Haunting America’s Small Businesses. Trump Can Finally Put Stop To It
Donald Trump has committed to creating millions of new paying jobs. One easy first step to doing that is to remove Biden's regulations regarding the prolific employment creator, America's 4 Million Business Partnerships (known as S-editor). The latest estimates find 10 million Americans employed in these business partnerships, with $800 billion in workers' salaries and […]
Consumers may face higher beef prices from businesses
FOX Business Correspondent Jeff Flock discusses record ground beef prices due to the issue of supply of “Varney & Co.” Beef prices are high for US businesses and consumers. They are forced to make tough decisions on how to handle the increased costs, and some companies are passing costs to their customers. Rob Passio, Lombardi's […]
Cori Bush’s husband accused of stuffing his pockets with taxpayer cash intended for struggling businesses
Before Democrat voters in Kori Bush denied her a third term in Congress, former squad member and black life activists spoke a big game about the fight corruption. Her household could have been a good place to start. Former Missouri Assembly husband Courtney Meritz was charged with two counts of wire fraud on Thursday, allegedly […]