Higher prices, less choice, job losses

President Trump‘s trade war has already loomed large over the back-to-school and holiday season ordering of retailers. Spring season is next, and it is occurring just as Trump’s latest sweeping global tariffs take effect. While Spring 2026 may seem relatively far off into the future, for retailers, now is the time of year when they…

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How Asian countries are reacting to Trump’s latest tariff announcements as deadline looms

President Donald Trump speaks alongside Secretary of Commerce Wilbur Ross. Saul Loeb | AFP | Getty Images U.S. President Donald Trump on Thursday stateside rejigged the so-called “reciprocal” tariff rates for several countries, ahead of the Friday deadline announced earlier. The White House also announced a 40% tariff rate for all goods transshipped to the…

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Trump tariffs challenged at appeals court

A federal appeals court appeared skeptical Thursday of arguments from a Justice Department lawyer defending President Donald Trump‘s global tariff regime. Trump has claimed he has the power to impose a vast array of new tariffs under the International Emergency Economic Powers Act. His use of that statute is the first time since it became…

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China probes Nvidia H20 chips for tracking risks

China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications. Avishek Das | Lightrocket | Getty Images While Nvidia has been given assurances by Washington that it will be allowed to resume exports of its made-for-China H20 general processing units, the AI chips’ return may be met with increased…

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Those who have and have no deal

U.S. President Donald Trump calls on a reporter during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025, in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images Come Friday, the world will have to contend with higher tariff rates from the…

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