Tag: Tariffs

The Tariff Trap: How US Brands Become Collateral Damage

The Tariff Trap: How US Brands Become Collateral Damage

The denim giant Levi Strauss & Co. is a quintessential symbol of American culture, its iconic jeans recognized on every continent. But the brand recently issued a stark warning that reveals a hidden and dangerous cost of United States (US) trade policy: the risk of becoming a political target. Levi’s warned in its United Kingdom […]

Canadian Prime Minister Vows to”Stand Up” to Trump in Important Meeting Tuesday Morning

Canadian Prime Minister, Mark Carney, is trying to navigate Trump’s aggression in a crucial meeting this morning after Trump’s post on Truth Social asserted that the US doesn’t need anything from Canada and introduced 15% tariffs on Canadian goods. Trump’s actions have already begun to affect big and small American businesses alike, with some small […]

Beijing raises tariffs on US goods to 125%

Beijing raises tariffs on US goods to 125%

China raised its tariffs on U.S. goods in retaliation to the White House raising its levy on Chinese goods to 125 percent, on top of the 20 percent tax already on the goods. The world’s two biggest economies continue their tit-for-tat trade war, which has caused the cost of trade to soar and raised concerns […]

Small Businesses are Preparing to be Squashed by Tariffs that Might Never Go into Effect

Small Businesses are Preparing to be Squashed by Tariffs that Might Never Go into Effect

When the tariffs were announced, a lot of small businesses panicked because any hike in importation prices would seriously impact whether or not they could do business. With a small business, your profit margins are obviously slimmer than a larger business already and having to pay a huge tariff to import goods might not be […]

Trump’s Tariffs Won’t Revitalize The American Dream

Trump and his Republican allies have had their hopes up on the recent Tariffs announced by the administration. They hope that these tariffs will usher in a new age of American progress, encouraging citizens. These tariffs are seen by Republicans and MAGA supporters as the long-awaited solution to bringing back factory work to communities that […]

Op-Ed: Trump’s Wishy-Washy Nature is Exhausting the Public

Op-Ed: Trump’s Wishy-Washy Nature is Exhausting the Public

Trump’s first presidency was filled with bold claims and non-nuanced takes that drew in people who thought the same way. Many people thought the same way, as the public found out before he stepped into office in 2017.  Some older and civically engaged voters knew that he couldn’t follow through on many of his promises, […]

US Plans Tariffs on Canada and Mexico

On Feb. 4, the United States will impose tariffs on imported goods from Canada and Mexico.  President Donald Trump has claimed tariffs on both countries could reach 25%, though the final rate depends on negotiations. There is also a planned 10% increase on China’s existing tariff, bringing it to 20% overall, BBC news reported. According […]

Hey! Are you enjoying NYCTastemakers? Make sure to join our mailing list for NYCTM and never miss the chance to read all of our articles!