5 things to consider buying before new tariffs take effect
CNN
While there’s a lot we don’t know about President-elect Donald Trump’s tariff plans, at least one thing is pretty certain: Tariffs will go up. If history is any indication, that means price increases will likely follow.
While there’s a lot we don’t know about President-elect Donald Trump’s tariff plans, at least one thing is pretty certain: Tariffs will go up. If history is any indication, that means price increases will likely follow. Already, Trump announced he will slap a new 25% across-the-board tariff on imports from Mexico and Canada as well as an additional 10% tariff on Chinese imports the very day he’s inaugurated. And on the campaign trail, he pledged to levy a 60% tariff on all goods imported from China and a 10% to 20% tariff on goods coming from all other nations. Such tariffs have the potential to significantly increase the prices consumers pay on nearly everything that isn’t made entirely in the US, of which there are very few goods. So you may be wondering, especially with all the Black Friday and Cyber Monday deals taking place, are there any purchases you can make now to save money down the road? The answer is yes — with caveats.
Last-minute errands always seem to pop up on Christmas and Christmas Eve, whether it’s buying a quick present or picking up one last ingredient.
King Charles III has ended royal warrants for Cadbury and Unilever, which owns brands including Marmite and Ben & Jerry’s, in a blow to the household names.
While businesses across the US are fretting that President-elect Donald Trump’s threat of new tariffs could mean a massive hit to their bottom lines, at least one industry is gearing up for the exact opposite.
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The strike protests a lack of contract negotiations, including wage increases for union baristas.
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