The effects of U.S. President Donald Trump’s tariffs are winding their way through the American economy, and a new piece of analysis claims that corporate America is using them as “cover” to further jack up prices. Progressive advocacy group Groundwork Collaborative issued a new report on Tuesday that uses corporate executives’ own words to show how many firms […]
“If a retailer as big as Walmart can’t escape the pain of tariffs, what chance does a small business have?” wrote the Senate Minority Leader Chuck Schumer. Democratic lawmakers and other voices are highlighting a Thursday announcement from Walmart that the world’s largest retailer will have to raise prices on some items in response to […]
“The glaring conflict of interest inherent in this pressure to preference a Musk-owned company is disgusting,” said Public Citizen co-president Lisa Gilbert. Trump administration officials have reportedly been pressuring countries facing U.S. tariffs to approve satellite internet services offered by Elon Musk’s Starlink to help grease trade negotiations, further underscoring the conflicts of interest stemming […]
“We won’t be able to make movies for the same budgets, actors won’t get paid the same fees, and the list goes on,” said one film professional. “Simply, it would destroy the independent sector.” U.S. President Donald Trump’s announcement via social media Sunday evening that he would “begin the process of instituting a 100% Tariff” on films […]