Fast-fashion giants like Shein and Temu have been doing booming business in the United States in recent years, in part because of a tariff exemption that’s helped to keep prices low on packages shipped from China. Now, President Trump has…
Tag: Prices (Fares
With Trump’s Tariffs, Europe Fears a Flood of Cheap Goods From China
China has for years presented an economic challenge for Europe. Now, it could become an economic disaster. It produces a vast array of artificially cheap goods — heavily subsidized electric vehicles, consumer electronics, toys, commercial grade steel and more —…
China Says Shoppers Will Offset Trump Tariffs, But Doubts Remain
As the United States and China barreled headfirst into full-fledged trade war this week, one of Beijing’s most fashionable shopping districts was still bustling. People browsed a high-end perfumery, lounged outside coffee shops and waited in a wraparound line for…
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from President Trump’s latest round of tariffs reverberated around the world. Crude oil now…
Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
President Trump announced what could be one of the most dramatic economic policy changes in decades on Wednesday, when he substituted America’s longstanding system of taxing imports with a new tariff system of his own devising. The president said the…
In Tokyo, Rice Farmers Protest ‘Misguided’ Rules Fueling Shortages
In the United States, the affordability of eggs has prompted a national discussion — underscoring anxieties about the economy and the government’s role in addressing them. In Japan, there’s an equivalent: rice. Over the past year, Japan has grappled with…
How Small Restaurants Are Dealing With Record Egg Prices
“Making It Work” is a series about small-business owners striving to endure hard times. Bird flu outbreaks that wiped out about 15 percent of the nation’s egg-laying chickens and drove wholesale egg prices to a peak of more than $8.50…
Why Driving in Singapore Is Like ‘Wearing a Rolex’
Andre Lee bought a used Kia Forte to boost his career as an insurance agent in Singapore. In his mind, he saw himself zipping across town in his black coupe, impressing potential clients. “It’s the same as being dressed in…
US Exporters Vie to Shape Trump’s Reciprocal Tariffs Ahead of April 2
Ahead of President Trump’s next big trade move, his administration invited companies to weigh in on the economic barriers they faced abroad. The list of complaints was both sprawling and specific. In hundreds of letters submitted to the administration in…
Why Shoppers Abroad Are Boycotting U.S. Goods
Bo Albertus, a school principal in Denmark, finds the Spanish raisins he now snacks on less tasty than his favorite Sun-Maid ones from California. There is no perfect substitute for Heinz tomato soup, a staple in his pantry. And he…