What Did US Businesses Have to Say About Trump’s Tariffs?
8 Articles
8 Articles
RTX Falls After Outlining Potential Tariff Impact on Business
Aerospace and defense giant RTX Corp. shares fell about 4.5% in pre-market trading after the company said tariffs stemming from President Donald Trump’s trade war could pose a significant hit to operating profit.
Businesses in some Virginia counties won't feel tariffs at all, but the ones who will feel them most are in rural areas.
This has been updated to clarify how these figures were computed.Smyth County will feel the price of President Donald Trump’s tariffs more than anywhere else in Virginia. Some 11.7% of the companies there can expect to pay more for their raw materials.In Charlotte County, the figure is 10% more. In Henry County, 9.8%.Businesses in some other parts of Virginia won’t feel anything at all.That’s according to a report issued by economists at the Fed…
The detrimental impacts of Trump’s tariffs on businesses
Over the past month, President Donald Trump has issued tariffs on imported goods from nearly every country in the world. However, on April 2, 2025, Trump issued a 90-day tariff pause on nearly every country, excluding China. China will now be subjected to a 145% tariff on its goods, while other countries will only face a 10% tariff.
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