tariff impact

US inflation trend: Producer prices remain flat in June; tariff effects may hit harder from August

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US wholesale inflation remained flat in June, despite concerns over President Trump’s tariffs. The producer price index showed a 2.3% year-on-year increase, the smallest since ...

Donald Trump tariff jitters: What’s latest on US trade war & what happens next? Check details

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Donald Trump is increasing tariffs on various countries. Canada faces tariffs due to fentanyl concerns. Brazil is hit with tariffs linked to political issues. Copper ...

US tariff haul: $100 billion already collected this year; treasury secretary Scott expects $300 billion by December

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Treasury Secretary Scott Bessent announced the U.S. has collected $100 billion in tariffs this year, potentially tripling by December. President Trump declared tariffs will be ...

Macy’s beats Q1 estimates but lowers 2025 profit outlook amid tariff impact

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Macy’s Inc. reported a first-quarter sales and profit decline, yet surpassed Wall Street expectations. The company is carefully managing its pricing strategy amid the evolving ...