US companies, consumers bear nearly 90% of tariff costs: New York Fed
Recent studies challenge President Donald Trump’s assertion that foreign exporters will end up paying the highest import taxes since the 1930s.
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Supreme Court invalidates Trump tariffs based on emergency powers
In a 6-3 decision, the court rejected President Trump’s claim that a 1977 law gave him the authority to impose broad tariffs globally.
The Weekly Closeout: Another entertainment exec at Gap Inc., and tariff refunds trickle in
The apparel conglomerate beefed up its “fashiontainment” roster, while retailers are getting their money back on import levies canceled by the Supreme Court.
De minimis: Case aiming to revive exemption can proceed, court rules
The lawsuit, which challenged the Trump administration’s elimination of the trade tool, was paused until the Supreme Court ruled on the president’s tariff authority.
PVH names new Americas CEO amid executive shuffle
Adelyn Cheong, president of PVH China, will succeed Donald Kohler, who is leaving to become CEO of Banana Republic.
Walmart ties expected tariff refunds to price strategy amid cost pressures
CFO John David Rainey said potential recoveries would be directed toward lowering prices as fuel costs pressure consumers.