Trump expands 50% steel, aluminum tariffs
Digest more
Trump tariffs push India
Digest more
U.S., Europe release new details on auto tariffs
Digest more
Before Trump began his second term, U.S. agri-food imports faced an average tariff rate of 4% — once adjusted for the trade volumes from each trading partner. They now face an average tariff rate of 15%,
Still, its profit missed the mark slightly for a variety of reasons, including its decision to absorb the costs of tariffs on some items (though certainly far from all). “With regards to our U.S. pricing decisions,
Doug McMillon says the company has been 'keeping our prices as low as we can for as long as we can.' For now, shoppers are still spending, but how long will that hold?
Bessent says debt, not rebate checks, will be administration’s priority for tariff revenue as prices rise for Americans
Walmart is reporting higher profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials.
Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks.
The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.
Sales at Walmart’s US stores rose nearly 5 percent in its most recent quarter, a better-than-expected result that suggests shoppers squeezed by inflation and wary of economic uncertainty continue to flock to the retailer for staples and other goods,