Car Prices Expected to Rise as Tariffs on Parts Kick In
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Car Prices Expected to Rise as Tariffs on Parts Kick In

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles as well as for repairs and insurance. The latest tariffs, which President Trump ordered in March as part of his…

Temu Stops Shipping Products From China to U.S. as Trump Closes Tariff Loophole
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Temu Stops Shipping Products From China to U.S. as Trump Closes Tariff Loophole

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Temu, the Chinese e-commerce platform, has stopped shipping products from China into the United States, a spokesperson for the company said on Friday. Instead, all of its U.S. orders will be shipped from local warehouses in America. The change comes after the Trump…

Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President Trump’s policies would impact the economy. New data released on Friday reinforced that patient…

Trump Signs Executive Order Walking Back Some Auto Tariffs
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Trump Signs Executive Order Walking Back Some Auto Tariffs

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump signed a pair of executive orders on Tuesday that walked back some tariffs for carmakers, removing levies that Ford, General Motors and others have complained would backfire on U.S. manufacturing by raising the cost of production and squeezing their profits. The…

White House Attacks Amazon Over Idea of Showing Tariffs’ Cost
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White House Attacks Amazon Over Idea of Showing Tariffs’ Cost

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines There’s a fresh spat brewing between the White House and Amazon. Karoline Leavitt, the White House press secretary, on Tuesday accused the online retail giant of being “hostile and political,” citing a report — disputed by Amazon — from Punchbowl News saying that…

Saying ‘Thank You’ to ChatGPT Is Costly. But Maybe It’s Worth the Price.
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Saying ‘Thank You’ to ChatGPT Is Costly. But Maybe It’s Worth the Price.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The question of whether to be polite to artificial intelligence may seem a moot point — it is artificial, after all. But Sam Altman, the chief executive of the artificial intelligence company OpenAI, recently shed light on the cost of adding an extra…

Opinion | Donald Trump’s Tariffs Will Only Strengthen China’s Hand
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Opinion | Donald Trump’s Tariffs Will Only Strengthen China’s Hand

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In China, one of many nicknames for President Trump is Chuan Jianguo. It literally translates as “Trump the Nation Builder.” My best translation is “Comrade Trump.” The joke is that Mr. Trump is a patriotic son of China who is diligently advancing Chinese…

Trump Tariffs Could Raise iPhone Prices, But Affordable Options Remain
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Trump Tariffs Could Raise iPhone Prices, But Affordable Options Remain

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines On Friday, amid a tariff-induced frenzy that drove hordes of consumers to panic-buy iPhones, President Trump announced a tariff exemption on electronics like smartphones and computers. For a moment, widespread anxiety about a potential $2,000 iPhone dissipated. But two days later, the Trump…

Trump’s Tariff Threat for Drug imports Poses Big Political Risks
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Trump’s Tariff Threat for Drug imports Poses Big Political Risks

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had…

Trade War Forces Tough Question for Retailers: Raise Prices or Eat the Cost?
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Trade War Forces Tough Question for Retailers: Raise Prices or Eat the Cost?

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Vivian Hoffman has worked in retail for a half-century, including 25 years as a buyer for Century 21 and the last eight running Whim, a chain selling affordable women’s clothing in the suburbs of New York City. She has adapted to recessions, the…