US EditionTrump meets with US retailers to discuss tariffs
- President Donald Trump met with representatives from major US retailers at the White House on Monday, April 26, 2025.
- The meeting addressed the significant effects of broad-based tariffs on the retailers' import-heavy business models.
- Tariffs, including high levies up to 145% on goods from China, impact these companies heavily.
- Company figures show over half of imports for Walmart and Target come directly from China.
- Analysts anticipate tariffs will negatively affect retailer profit margins and raise costs for American consumers.
94 Articles
94 Articles
Trump: Grocery Prices ‘Way Down’
President Donald Trump promoted good news concerning the U.S. economy on Thursday morning. It was reported early Thursday that household goods and packaged food makers are easing U.S. price increases to avoid losing American shoppers to retailers’ less expensive private-label brands as a global trade war tests the limits of their pricing power at grocery stores. Also, forecasts suggest gasoline and diesel fuel prices could dip to five-year lows …
“Ultimate Grifter”: Bob Kuttner on How Trump Could Drop His Tariffs & Take Credit for Saving Economy
President Trump is facing increasing criticism from big businesses over his decision to launch a global trade war. On Monday, CEOs of Walmart, Target and Home Depot met with Trump at the White House to warn about Trump’s trade policies. A day later, Trump signaled he is open to substantially lowering tariffs on China. Trump has also toned down his attacks on Federal Reserve Chair Jerome Powell, whom he had previously threatened to fire. This all
'It just kneecaps ya': Oil execs say Trump's plan will 'backfire' as it derails drilling
Despite Donald Trump's exhortation to "drill baby drill," oil industry executives are throwing up their hands at the president giving them free rein to forge ahead while at the same time making it unprofitable to do so.The problem? Tariffs that have made buying needed equipment too expensive, as well as the threat of a looming recession, which would decrease demand.According to a report from NPR, in the energy-rich Permian Basin, the remaining d…
Tariffs Begin Choking Off Shipments to US Ports
As the trade war rages on, big box stores are fearful of big empty shelves. And, according to an Axios report, they’re letting the White House know it. This week, the CEOs of Target, Walmart, and Home Depot convened with the president to warn that supply chain disruptions caused by tariffs will lead to notable product shortages in their stores within just a couple of weeks, sources told Axios. The scare may have worked: On Wednesday, The Wall St…
Trump cabinet member visits central Pa. manufacturer as trade fallout continues
The head of the federal Small Business Administration visited Highspire on Wednesday to promote the agency’s economic growth plan — even as trade policies coming from the White House have already shown signs of scuttling the very industries the SBA is trying to help.
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