Trump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn has stocks roaring higher

Retailers brace for empty shelves as U.S. imports decline

Also: How high housing costs can hold business back, White House considers deporting citizens.

Trump trade war pushes firms to consider stockpiling

Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it isn't so straightforward this time around.

The US-China Trade War Could Mean 'Empty Shelves' Soon, Apollo Says

American shop shelves, aisles and racks could be empty in a few weeks as imports slow, according to Apollo Global Management's analysis of shipping data.

Bananas, the most popular fruit in our grocery stores, will soon be more expensive.

How U.S. business leaders are shifting plans amid tariffs and uncertainty

With tariffs in effect around the world, corporate leaders are raising concerns about the uncertainty already created. Many are now asking the White House to reconsider new tariffs that are set to come into play next month. The CEOs of Walmart and Target reportedly warned President Trump there could be empty shelves within weeks. Amna Nawaz discussed how businesses are reacting with Rich Lesser.

United CEO calls Trump’s tariffs a ‘chess game’

United Airlines CEO Scott Kirby. Alex Wong/Getty Images United Airlines’ CEO has backed Donald Trump‘s tariff plan despite the uncertainty it is causing the travel sector. “We should all take a breath,” Scott Kirby said at the Semafor World Economy Summit on Thursday. “It was just the first move in a chess game, and there are a lot of moves left to come.” “I think it’s easy to argue the tactics, but the president has a genuine desire to make thi…