A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. Its author said the outlook could worsen if the sector is hit by tariffs promised by Donald Trump.
Global manufacturing is poised for a temporary boom ahead of possible Trump tariffs
US President-elect Donald Trump may be good for China's export business — at least temporarily. Trump, who won the presidential election, has pledged to impose sweeping tariffs of 10% to 20% on imports to the US.
Trump’s New Tariff Threat: Are We Heading for a Global Trade War?
Donald Trump’s return to the White House could bring sweeping taxes on all foreign goods, sending shockwaves across global markets. From European cars to everyday imports, prices could soar everywhere.
Trump’s tariff threat sets off a scramble among companies, foreign countries
President-elect Donald Trump’s victory has companies and countries scrambling to avoid looming tariffs on goods imported into the U.S.
Companies prepare to hike prices to offset Trump's tariff plans
Trump has proposed a universal 10% to 20% tariff on imports from all foreign countries and an additional 60% to 100% tariff on imports specifically from China. Retailers that depend on foreign suppliers are preparing to hike prices and pass along the cost of Trump’s proposed import tariffs to consumers.
NATO Ally Could Be Spared From Trump Tariffs
The New Jersey governor said he believes the UK will be exempt from Donald Trump's tariff plan, saving the country billions ...
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Should I Buy a Car Ahead of Trump’s Tariffs? Yes, if It’s a Tesla.
The second Trump administration, due to take office early 2025, could bring tariffs on just about everything. New vehicles ...
Trump pledged more tariffs. We have no idea what they will do.
The calculus for tariffs has always been far more complicated than their effect on consumer prices — and even that is not ...
F&B Winners, Losers In Trump's Tariffs
Explore Trump's proposed tariffs on the food and beverage industry, identifying potential winners and losers as global supply ...
American Wine Trade Steels Itself for Possible Tariffs
President-elect Trump says tariffs will help American businesses, but many in the wine industry foresee few benefits and a ...
Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
Donald Trump's proposed tariffs would hit the consumer tech sector, raising prices on US consumers' favorite gadgets, an ...
How Tariffs Will Impact Your Grocery Bill
Elect, Donald Trump vowing to impose tariffs on imports to the U.S., consumers may start to see noticeable changes in grocery ...
Biden Slammed Trump Tariffs But Kept Some. Why Experts Worry About New Ones
President Joe Biden extended and expanded some of Donald Trump's tariffs, but experts have raised the alarm about Trump's new ...
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Trump's Tariffs Will Definitely Affect Your Closet—and All of Fashion
The incoming Trump administration hasn't finalized a tariff plan at press time; meanwhile, lobbyists and brands are searching ...
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What are tariffs? How they could affect prices in Tennessee during Donald Trump's second term
Tariffs are a key element of Trump's campaign strategy to "put America first." That would mean average tariff rates at ...
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Trump’s threatened tariffs could have big impact on border
President-elect Donald Trump said in a campaign rally in North Carolina he would impose a 25% tariff on all Mexican imports ...
Trump tariffs — and possible exemptions — could provide opportunities for Britain
President-elect Donald Trump's proposed trade tariffs could prove boon for the U.K., with analysts pointing to potential ...