Mattel plans toy price increases in US amid Trump's tariffs
The toy manufacturer believes that despite the tariffs some of their products will still be affordable for consumers.
The toy manufacturer believes that despite the tariffs some of their products will still be affordable for consumers.
Business owner facing steep tariffs tests whether people will pay for 'Made in USA'
A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.
A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.
Economy & immigration: D.C. Daily for May 1, 2025
Congress cannot rein in President Trump's tariffs. Lawmakers had been looking to block the president's ability to impose widespread high tariffs without congressional approval. Two senators skipped the vote, leaving Vice President JD Vance to cast the tie breaking vote to block that measure. Money for deportations is now moving forward in the U.S. House. Billions of dollars would go to deporting a million migrants a year, detaining 100,000 migrants, building a border wall and making legal immigration or asylum more expensive.
Congress cannot rein in President Trump's tariffs. Lawmakers had been looking to block the president's ability to impose widespread high tariffs without congressional approval. Two senators skipped the vote, leaving Vice President JD Vance to cast the tie breaking vote to block that measure. Money for deportations is now moving forward in the U.S. House. Billions of dollars would go to deporting a million migrants a year, detaining 100,000 migrants, building a border wall and making legal immigration or asylum more expensive.
Senate fails to block Trump’s global tariffs
Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.
Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.
Trump tariffs: White House, Amazon address report on pricing
White House press secretary Karoline Leavitt responded to a report published Tuesday morning that said Amazon would begin displaying tariff costs in the prices on its website. She called it a "hostile and political act." However, an Amazon spokesperson says that is not going to happen.
White House press secretary Karoline Leavitt responded to a report published Tuesday morning that said Amazon would begin displaying tariff costs in the prices on its website. She called it a "hostile and political act." However, an Amazon spokesperson says that is not going to happen.
Albertsons informs suppliers that it won't accept tariff-related price hikes
The grocery titan stated in a letter that it won't accept price hikes to account for President Donald Trump’s tariffs.
The grocery titan stated in a letter that it won't accept price hikes to account for President Donald Trump’s tariffs.
Tariff poll: How much economic 'disruption' Americans will tolerate
A growing number of Americans are skeptical that President Trump’s tariffs on U.S. trading partners will benefit the economy, according to a new Gallup poll.
A growing number of Americans are skeptical that President Trump’s tariffs on U.S. trading partners will benefit the economy, according to a new Gallup poll.
Here's what Americans think about Trump's tariffs, according to new poll
A recent poll finds that many Americans worry that the U.S. may be facing a recession because tariffs will cause prices to increase.
A recent poll finds that many Americans worry that the U.S. may be facing a recession because tariffs will cause prices to increase.
Trump says US 'active' in tariff negotiations with China. China says otherwise
China said Thursday that any suggestion of progress in the trade war was as groundless as “trying to catch the wind."
China said Thursday that any suggestion of progress in the trade war was as groundless as “trying to catch the wind."
President Trump suggests easing China tariffs
A dozen Democrat-led states sued the Trump administration to stop its tariff policy saying it's unlawful and has brought chaos to the economy. The lawsuit challenges the president's authority to issue tariffs without going through Congress. The president now says he's looking to cut tariff's on China, but only if they're matched by Beijing.
A dozen Democrat-led states sued the Trump administration to stop its tariff policy saying it's unlawful and has brought chaos to the economy. The lawsuit challenges the president's authority to issue tariffs without going through Congress. The president now says he's looking to cut tariff's on China, but only if they're matched by Beijing.
Multiple states sue Trump over 'unlawful' tariffs
Twelve states filed a lawsuit against the Trump administration, arguing that its sweeping tariff policy is unlawful and economically damaging.
Twelve states filed a lawsuit against the Trump administration, arguing that its sweeping tariff policy is unlawful and economically damaging.
Ex-Home Depot CEO warns Trump’s supply chain gamble may take decades
Former Home Depot CEO Bob Nardelli said Trump has taken on the 'most difficult and challenging initiative in the history of our globe.'
Former Home Depot CEO Bob Nardelli said Trump has taken on the 'most difficult and challenging initiative in the history of our globe.'
Trump tariffs: Stock market volatility continues amid rate cut tiff
The ripple effects of President Trump's tariff plan are continuing to be felt by Wall Street. Stocks saw a sharp selloff on Monday with the Dow Jones tumbling 1,000 points. That came as the president repeated his attacks against Federal Reserve Chair Jerome Powell, including threats to fire him.
The ripple effects of President Trump's tariff plan are continuing to be felt by Wall Street. Stocks saw a sharp selloff on Monday with the Dow Jones tumbling 1,000 points. That came as the president repeated his attacks against Federal Reserve Chair Jerome Powell, including threats to fire him.
China accuses U.S. of 'economic bullying'
China is now warning other countries not to strike trade deals with the U.S. that would impact Chinese interests.
China is now warning other countries not to strike trade deals with the U.S. that would impact Chinese interests.
Nintendo Switch 2 preorder date set after delay over tariffs
Nintendo Switch 2 preorders are set after the company initially delayed them over uncertainty stemming from President Trump’s tariffs.
Nintendo Switch 2 preorders are set after the company initially delayed them over uncertainty stemming from President Trump’s tariffs.
Temu, Shein to raise prices for US consumers starting next week: What to know
Online retailers Shein and Temu tell customers to buy their products 'now at today's rates.'
Online retailers Shein and Temu tell customers to buy their products 'now at today's rates.'
Trump tariffs: Higher inflation coming, fed says | D.C. Daily
The head of the Federal Reserve says don't expect any interest rate cuts anytime soon. The central bank says the numbers show President Trump's tariffs will lead to higher inflation, higher unemployment and slower economic growth.
The head of the Federal Reserve says don't expect any interest rate cuts anytime soon. The central bank says the numbers show President Trump's tariffs will lead to higher inflation, higher unemployment and slower economic growth.
Trump tariffs on China could reach 245% | D.C. Daily
Tariffs on China could jump as high as 245%. A White House fact sheet on Wednesday says the new hike is in response to China's retaliatory tariff of 125%. China has said it would not increase tariffs again even if the United States does.
Tariffs on China could jump as high as 245%. A White House fact sheet on Wednesday says the new hike is in response to China's retaliatory tariff of 125%. China has said it would not increase tariffs again even if the United States does.
Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
'Special tariffs' could be on the way | D.C. Daily
President Trump plans to clear up confusion about new tariff announcements. Officials have hinted at special types of tariffs for certain products.
President Trump plans to clear up confusion about new tariff announcements. Officials have hinted at special types of tariffs for certain products.