Trump’s tariffs are reshaping the local economy

Trump’s tariffs are reshaping the local economy

New import costs are wreaking havoc on local businesses, which warn that everything is about to get a lot more expensive.

Price hikes in clothing apparel expected amid tariffs

Clothing is on the list as one of the industries that could see significant price hikes amid the newly imposed tariffs. Tariffs on imported goods went into effect on Wednesday. Prices in clothing and shoes may see an increase of 16.9%, according to the Yale Budget Lab. At TeTa Active Apparel in Wolcott, a shop that specializes in embroidery and...

LA coffee shops grapple with Trump’s tariffs, expect price hike

One owner said he expects the prices to rise up to $2 per cup.

Will the Trump Tariffs Make Buying New Clothes More Expensive?

Also: What is a tariff, anyway? All your most pressing questions, answered.

‘Scary times’: New York shopkeepers plan ‘astronomical’ price hikes under Trump tariffs

Small businesses that import goods brace for steep price increases that they have to pass on to their customersPeople in the US: how have your shopping habits changed due to Trump’s tariffs?It’s just two days since Donald Trump launched his extraordinary tariff assault on the world in a bid to rebuild the US economy and roll back an era of globalization. But already shopkeepers are bracing for recession, and their customers spending less, as the…

Explained: How Donald Trump's reciprocal tariffs could affect you

International Business News: Explore the implications of Donald Trump's new tariffs on imports and how they may affect your everyday expenses, from groceries to tech purchases. Understand the economic landscape and prepare for potential price increases and market fluctuations.