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Trump Doubles Steel Tariffs Amid Controversy

Trump Doubles Steel Tariffs Amid Controversy

POLITICS - 6/4/2025

President Trump has doubled tariffs on imported steel and aluminum to 50%, igniting debates over rising costs for consumers and businesses. Meanwhile, aid operations in Gaza have been paused amid escalating violence.

Trump's Steel Tariffs Surge to 50%: What It Means for American Industry

Trump's Steel Tariffs Surge to 50%: What It Means for American Industry

BUSINESS - 6/4/2025

President Trump has ramped up steel and aluminum tariffs to 50%, impacting both domestic producers and industries reliant on these metals. As costs rise, the ripple effects could lead to higher consumer prices and job losses in other sectors.

Walmart's Price Hike: The Start of a Retail Revolution Amid Trump’s Tariff Crisis

Walmart's Price Hike: The Start of a Retail Revolution Amid Trump’s Tariff Crisis

BUSINESS - 5/25/2025

The announcement of price hikes by Walmart due to President Trump's tariffs has sent shockwaves through the retail industry, raising concerns about inflation and consumer confidence. Experts warn this could set off a chain reaction affecting prices nationwide.

Walmart Faces Pressure: Can They Absorb Trump's Tariffs Without Raising Prices?

Walmart Faces Pressure: Can They Absorb Trump's Tariffs Without Raising Prices?

BUSINESS - 5/19/2025

Treasury Secretary Scott Bessent states Walmart may have to raise prices due to Trump's tariffs, despite the President's warnings to avoid doing so. As inflation concerns linger, Bessent downplays the impact on consumers.

Treasury Secretary Dismisses Inflation Fears Amid Trump Tariff Talks

Treasury Secretary Dismisses Inflation Fears Amid Trump Tariff Talks

BUSINESS - 5/18/2025

In a recent interview, Treasury Secretary Scott Bessent downplayed inflation fears linked to Trump’s tariffs, emphasizing Walmart’s ability to absorb costs. He praised strategic uncertainty in trade negotiations while addressing concerns over rising consumer prices.

Walmart Faces Price Hikes Amid Trump’s Tariff Challenges

Walmart Faces Price Hikes Amid Trump’s Tariff Challenges

BUSINESS - 5/15/2025

As President Trump's tariffs take effect, Walmart warns of impending price hikes on various products. CEO Doug McMillon highlights the challenges of maintaining low prices amidst rising costs and trade uncertainty.

U.S. Consumer Prices Rebound: What It Means for Inflation and the Fed

U.S. Consumer Prices Rebound: What It Means for Inflation and the Fed

BUSINESS - 5/13/2025

U.S. consumer prices saw a moderate rebound in April, leading to the smallest annual increase in four years. While the Federal Reserve maintains its wait-and-see approach, concerns about tariffs and economic growth persist. What does this mean for inflation and your wallet?

Trump's Trade Deal: Luxury Cars Get a Break While Toys Face 100% Tariff

Trump's Trade Deal: Luxury Cars Get a Break While Toys Face 100% Tariff

BUSINESS - 5/10/2025

President Trump announces a controversial trade deal lowering tariffs on luxury UK cars while threatening a 100% tariff on popular toys from Mattel, creating a stir over consumer prices.

Trump's Tariff Talk: Higher Prices for Toys and Trade Wars Ahead

Trump's Tariff Talk: Higher Prices for Toys and Trade Wars Ahead

POLITICS - 5/2/2025

President Trump admits tariffs could raise prices on children's toys but insists Americans will prefer better quality, domestic products. As the economy contracts, concerns grow over the impact of trade wars.

US Closes Duty-Free Loophole: How It Affects Shein and Temu Prices

US Closes Duty-Free Loophole: How It Affects Shein and Temu Prices

BUSINESS - 5/2/2025

In a major policy shift, the US is closing a duty-free loophole that allowed low-value packages from China to enter without taxes. This change, effective May 2, will push prices up for popular online retailers like Shein and Temu, impacting millions of American shoppers.

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