#tariffs

#tariffs

I wouldn't buy long-term treasuries ahead of that Supreme Court decision because if that revenue goes away, look out. Even though it's not a whole lot of money on the margin, this government needs it, McDowell said when the Supreme Court case was brought up during a discussion about the current partial government shutdown. We're already spending it by name, Brenberg added.

In a statement, the developer said the game is slipping from October 31 to November 26. The delay is due to "ongoing global trade and tariff changes that delayed shipment of the components" for the game's physical editions. "Because we are committed to launching all editions together, this new date applies to both physical and digital releases worldwide," the developer said. "We truly appreciate your patience and understanding, and we're sorry for this further delay."

The big picture: Retailers are reshaping how prices show up, including raising shipping fees on items that face duties after the late-August end of the " de minimis" exemption on postal shipments to the U.S. worth less than $800. Vague charges like "processing" or "import fees" are appearing more often at checkout. Such shifting of tariff costs into the fine print makes it harder to compare prices.

He doesn't know where he and others like him will sell their crop because China has stopped buying. Beijing, which traditionally has snapped up at least a quarter of all soybeans grown in the U.S., is in effect boycotting them in retaliation for the high tariffs President Donald Trump has imposed on Chinese goods and to strengthen its hand in negotiations over a new overall trade deal.

When President Donald Trump made his "Liberation Day" speech on April 2, announcing sweeping tariffs across a range of sectors, markets reacted sharply. Investors feared a replay of the disruptive trade battles of his first term, and stocks dropped as they tried to assess how new levies might ripple through global supply chains. But six months on, the story looks different.

How it works: Starting Oct. 1, kitchen cabinets, bathroom vanities and "associated products" will face a 50% tariff, Trump said in a Truth Social post. Upholstered furniture will face a 30% tariff. What they're saying: "The reason for this is the large scale 'FLOODING' of these products into the United States by other outside Countries. It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process," Trump wrote.

what we expect now is that the tariffs will be returned to the automakers as of the first of August, which is something like 500, 600 million euros per month,

The US has collected $1.36 billion in tariffs on British exports in just four months, six times more than in the same period last year, highlighting the toll of President Donald Trump's duties on UK manufacturers. According to estimates from the US International Trade Commission, American buyers of British goods paid significantly more in tariffs between April and July than importers of French or Spanish products, despite concessions negotiated under the UK-US trade deal that came into effect at the end of June.

Just four months after the last time it did it, Xbox is raising the prices of the Series X/S consoles in the United States to a number I don't think any of us could have fathomed in 2019 when Microsoft announced the system at the Game Awards . Microsoft announced this on the Xbox support website , saying that the price changes will go into effect on October 3, and are "due to changes in the macroeconomic environment."

Amid soaring prices for coffee at U.S. grocery stores, legislators are planning to introduce a bipartisan bill to exempt coffee from recently imposed U.S. tariffs, which are fees paid by U.S. importers. The Washington Post was first to report (paywall) that Reps. Don Bacon (R-Neb.) and Ro Khanna (D-Calif.) intend to file legislation exempting coffee - including green coffee, roasted coffee and coffee byproducts such as husks - from any tariffs imposed after Jan. 19, 2025.

Nearly one in four MAGA-supporting Republicans don't like tariffs. There's now a staggering 66-point gap between MAGA Republicans and other Republican Party voters on the state of the economy. Nearly half of non-MAGA Republicans think the economy has gotten worse this year, while the overwhelming majority of MAGA Republicans think the economy has improved. The survey first asked respondents their political party and then asked if they support the MAGA movement to differentiate between MAGA and non-MAGA Republicans.