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tagged with all of: tariffs + trade
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Klarna and StubHub have decided to delay their initial public offerings (IPOs) due to the ongoing uncertainty caused by Trump's tariff policies. The turmoil in trade relations has created a challenging environment for companies looking to go public.
Various brands are facing challenges due to tariff fluctuations and are making strategic adjustments to navigate the turmoil. The article highlights how ten different companies are responding to these trade pressures by altering pricing strategies, sourcing, and product offerings to maintain competitiveness.
Brown University Professor Şebnem Kalemli-Özcan critiques the planned tariffs by the Trump administration on imports from Mexico, Canada, and China, arguing they will harm the U.S. economy by raising consumer prices and potentially leading to recession. She emphasizes that while tariffs are intended to protect domestic industries, they could result in decreased consumer spending and increased unemployment.
Apple is considering raising prices for its upcoming iPhone lineup, aiming to introduce new features and design changes alongside the increase. The company is determined not to link these price hikes to U.S. tariffs on goods from China, where the majority of its devices are manufactured.
The article discusses recent shifts in tariffs and trade regulations within the European Union, focusing on how these changes impact businesses and logistics operations. It emphasizes the importance of adapting to new trade policies to maintain efficiency and compliance in shipping practices.
The article discusses the clash between President Trump and the Ontario government's use of Ronald Reagan's pro-free trade message in a recent advertisement. In response to the ad, Trump announced a 10% tariff increase on Canada, highlighting the stark contrast between Reagan's free-trade principles and Trump's protectionist stance.
British Columbia Premier David Eby confirmed the province will proceed with anti-tariff advertisements targeting the American public, following the cancellation of U.S.-Canada trade talks. The ads aim to highlight the negative impact of U.S. softwood lumber tariffs on British Columbia's industry, which Eby argues is being treated unfairly compared to other countries.
In his article, Paul Krugman argues that Ronald Reagan was not a proponent of tariffs, contrary to claims made by Donald Trump. While Reagan imposed some tariffs for political reasons, he fundamentally championed free trade and adhered to international agreements, contrasting sharply with Trump's chaotic approach to tariff policy.