Trump, tariffs
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There is no single way to predict how businesses will price items weeks or months into the future as, in addition to tariffs, they are influenced by things like consumer demand, sales strategies, and supply chains.
The impacts of this year’s rapidly shifting tariff climate is wreaking havoc on small- and medium-sized businesses struggling to survive in the U.S., said the president of a family-owned
For months, owners of indie nail polish brands have been struggling to navigate a new period of uncertainty amid a stop-and-go trade war.
President Trump boasted this week that his tariffs are raising "a fortune" for the U.S. government. Tariffs could also raise prices for the back-to-school and Christmas shopping seasons.
At Dancing Bear Toys just south of downtown, which carries unique and educational toys, co-owner Sarah Evers explains that roughly 85% of toys sold in the U.S. are made in China by producers that have both the infrastructure and rigorous safety standards in place. Moving toy manufacturing to the U.S. isn’t as simple as some might think.
Gov. Gretchen Whitmer is warning that President Donald Trump’s “chaotic policies” on tariffs will cost Michigan residents thousands of dollars each year.
Businesses have been operating with uncertainty for months now. They’ve been in a holding pattern. And now the pain is starting to show up. “Delayed investment can first become non-investment. Those are dollars not being injected in the real economy,” said Scott Lincicome, vice president of economics and trade at the Cato Institute.
Small toy stores like Dublin Toy Emporium face rising costs due to tariffs and global price hikes. DUBLIN, Ohio — As families begin planning for the holidays, small toy stores like Dublin Toy Emporium are already bracing for rising costs as ongoing tariffs and global price increases are pushing prices up daily.
Michigan retailers face a challenging economic environment marked by inflation, tariff-related disruptions and fluctuating consumer behavior.