A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed … Read more
In Indianapolis, Than Hre, the Burmese-born owner of Chin Brothers Restaurant & Grocery, stands behind his counter tallying receipts that tell the story of a business under pressure. Over the past year, he says, the profit margin for his restaurant and grocery business has dropped from around 35% to about 10% as tariffs and shipping … Read more
Shipping container loads dock at Tokyo Bay. Japan is heavily reliant on exports (e.g., automobiles, electronics), faces risks from U.S. tariffs, especially on cars (a proposed 25% tariff during Trump’s first term was deferred but remains a concern). Higher tariffs could reduce Japan’s U.S. market access, increase consumer prices, and hurt GDP growth. However, Japan’s … Read more
Getty Images US President Donald Trump may have called tariffs his favourite word in the dictionary. But when it comes to obsessions, business investment has got to be close. As of last month, he said more than $12 trillion (£8.8tn) had been “practically committed” on his watch. “Nobody’s ever seen numbers like we have,” he … Read more
U.S. President Donald Trump \with British Prime Minister Keir Starmer in the Oval Office at the White House in Washington, D.C., U.S., on Feb. 27, 2025. Kevin Lamarque | Reuters The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. The latest monthly growth figures … Read more
Container ships at Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. Bloomberg | Bloomberg | Getty Images U.K. goods exported to the U.S. dropped by £2 billion ($2.71 billion) in April, figures published by the Office for National Statistics on Thursday showed, marking the biggest monthly decrease since records began in 1997. The … Read more
A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images When Matt Kubancik, a small business owner in Louisville, Kentucky, cast his ballot for Donald Trump in November, he was hoping that the Republican nominee’s return to the White House would provide … Read more
U.S. Secretary of Commerce Howard Lutnick answers questions from the media as he returns to Lancaster House, on the second day scheduled for trade talks between the U.S. and China, in London, Britain, June 10, 2025. Toby Melville | Reuters Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not … Read more
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025. Fabian Bimmer | Afp | Getty Images The World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular. It now expects the … Read more
BENTONVILLE, ARK. — As tariffs drive prices higher, Walmart unveiled its latest efforts to woo new and younger shoppers — including a fresh advertising campaign, a clothing brand designed for tweens and drone deliveries in more cities. The moves, which the retail giant’s leaders announced this week, illustrate how the discounter sees opportunities to grow … Read more