Home Depot says some items on its shelves will soon cost more, blaming the rising expense of tariffs. The disclosure, delivered by Chief Financial Officer Richard McPhail after the retailer’s latest quarterly report, marks a rare public acknowledgment of tariff pressure from America’s largest home-improvement chain.
Despite warnings of potential price hikes from Walmart’s CEO, analysts are forecasting a 14% increase in the retail giant’s stock value.
Apple’s AirPods Max, introduced in late 2020 as its first high-end headphones, might not see an update until 2027. This potential seven-year gap raises questions about the company’s commitment to its premium audio lineup.
Treasury Secretary Scott Bessent has acknowledged that Walmart may pass on the costs of President Donald Trump’s tariffs to consumers through higher prices. Following a call with the company’s CEO, concerns mount over the potential impact on shoppers at the nation’s largest retailer.
Apple Inc. is reportedly weighing a price increase for its upcoming iPhone lineup releasing later this year, according to the Wall Street Journal. The report cites anonymous sources familiar with the matter.
President Donald Trump’s escalating trade war with China has led to Chinese retailer Temu halting its direct-to-consumer sales in the United States. By targeting the “de minimis” exemption, which allowed duty-free imports under $800, the new tariffs have impacted both international retailers and American bargain hunters.
Americans may soon face empty store shelves due to President Trump’s ongoing trade war with China, warns business reporter Christine Romans. Significant drops in shipping activity and markets reacting to tone shifts rather than policy changes signal potential supply chain disruptions that will impact consumers in the coming weeks.
Volkswagen has joined other automakers in maintaining steady prices despite growing concerns over tariffs impacting the automotive industry. This collective stance reflects the industry’s effort to navigate economic uncertainties without burdening consumers.
In a significant win for consumers and the tech industry, the Trump administration has temporarily exempted key electronics from reciprocal tariffs. The move highlights the consumer’s importance in trade policies and may influence global markets.