trade war

A trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party.

Source: en.wikipedia.org

LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail

LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
April 14, 2025  |  Earnings

Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations...

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Businesses Begin Tacking On Fees in Response to Tariffs
Businesses Begin Tacking On Fees in Response to Tariffs
April 13, 2025  |  Retail

Companies across industries have begun issuing new fees in response to U.S. tariffs. And with those fees, The Wall Street Journal (WSJ) reported Sunday (April...

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Trump’s Tariff Exemption for Tech Products Could Be Short-Lived
Trump’s Tariff Exemption for Tech Products Could Be Short-Lived
April 13, 2025  |  Economy

President Donald Trump has exempted electronics from his “reciprocal” tariffs, at least for now. The government announced late Friday (April 11) consumer electronic imports from...

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Tariffs Leave Businesses ‘Constantly Dealing With Uncertainty’
Tariffs Leave Businesses ‘Constantly Dealing With Uncertainty’
April 13, 2025  |  Economy

President Donald Trump’s 90-day tariff pause is of cold comfort to some U.S. businesses. As Reuters reported Saturday, businesses ranging from toy stores to lip...

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US Customs Delays Tariff Collection Until ‘Glitch’ is Resolved
US Customs Delays Tariff Collection Until ‘Glitch’ is Resolved
April 11, 2025  |  Shipping

A glitch has reportedly delayed the collection of tariffs by U.S. Customs. An entry code used to exempt freight from tariffs is not working, the issue...

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Two-Thirds of Small Business Owners Say Tariffs Will Hurt Their Company
Two-Thirds of Small Business Owners Say Tariffs Will Hurt Their Company
April 11, 2025  |  Economy

Small businesses are reportedly likely to suffer the biggest impact from new U.S. tariffs. Small and medium-sized businesses (SMBs), which account for one-third of imports...

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Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite
Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite
April 11, 2025  |  Retail

When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is...

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European Union Votes to Impose Tariffs on US Goods
European Union Votes to Impose Tariffs on US Goods
April 09, 2025  |  Economy

The European Commission said Wednesday (April 9) that the European Union will start collecting tariffs on U.S. goods, starting Tuesday (April 15). EU member states...

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