Sweeping new tariffs are coming. Here's what businesses should do now.
- President Trump announced sweeping tariffs on Wednesday, impacting numerous nations.
- Trump stated other nations have exploited the U.S. For over 50 years.
- The tariffs include a baseline of 10% and higher rates for some countries.
- Trump held a chart showing taxes of 34% on China and 20% on the EU.
- Economists warn of potential economic slowdown and increased costs for consumers.
166 Articles
166 Articles
Hawaii residents, businesses to feel tariff impacts
HONOLULU (KHON2) -- The stock market nosedived on Thursday, April 3, after President Trump imposed sweeping tariffs on countries around the globe. Economists said your wallet might feel the pain sooner than you think, and here at home, local businesses will feel the squeeze with some warning the tariffs could be the final straw for struggling shops. Hawaii officials preparing for tariff effects on construction Officials said the full impac…
3 ways Big Tech is vulnerable to European tariff retaliation
President Donald Trump announced widespread tariffs on Wednesday, sending the stock market plunging. One of the more significant of these tariffs is a 20% levy on goods coming from longtime U.S. ally and trade partner the European Union.Read more...
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