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We Found Hidden Tariff Costs at the ‘Disneyland’ of Grocery Stores | WSJ
The Wall Street Journal· 2025-10-07 14:30
Tariff Impact on Grocery Industry - President Trump's global tariffs are straining grocery chains, impacting items like pineapples from Costa Rica, fish from Greece, and cheese from Italy [1][2] - Major grocers, including Walmart, are experiencing increasing costs as they replenish inventory at post-tariff price levels [4] - Grocery costs climbed 27% in August compared to a year ago, marking the fastest pace of grocery inflation in two years [6] - Tariffs are prompting some companies to onshore manufacturing, such as aluminum tins, but this may not help margins [11][12] Consumer Behavior and Pricing Strategies - Grocers are hesitant to raise prices to avoid being perceived as contributing to inflation and want to support customers by maintaining low prices [5] - Over half of consumers are concerned about grocery prices, and 66% reported switching to less expensive products to save money [13] - Customers may switch to less expensive items or buy less of certain products if prices increase too much [13][14] Specific Product Impacts - The US imported 760 metric tons of shrimp in 2024, with India being a top exporter facing a 50% tariff [8] - Due to the 50% tariff on Indian shrimp, the company is switching to Ecuador, potentially increasing shrimp prices by 25% [8] - A 15% tariff on imported fruits like mangoes, pineapples, and bananas from Costa Rica is currently being absorbed by the importer [9][10] - Stew Leonard's anticipates potentially selling 20% less shrimp this year due to rising prices [9]
Why Trump Froze Billions in Infrastructure Funding Amid Shutdown | WSJ
The Wall Street Journal· 2025-10-07 04:01
The Trump administration said it was going to be withholding funding for a few different infrastructure projects in Chicago and New York City. We can get rid of a lot of things that we didn't want and they'd be Democrat things. The Trump administration is trying to tie this funding and this previously allocated funds to the ongoing shutdown fight.Right now, the biggest project that's been frozen in New York City is the Hudson Rail Tunnel. And the other project in New York City is an extension of the Second ...
How This Shutdown Affects Pay for Different Types of Federal Workers
The Wall Street Journal· 2025-10-06 12:17
Hundreds of thousands of federal workers have received their final full paychecks until the end of the government shutdown which began on October 1st. Despite the current Democrat induced shutdown, we will get our service members every last penny. Don't worry about it.How things play out from here, that depends on how a federal worker is categorized. Here's the breakdown. We have furled, exempt, and accepted employees.Furoughed employees that includes say economists at the Bureau of Labor Statistics or grou ...
How The 2025 Shutdown Affects an Already Fragile U.S. Economy
The Wall Street Journal· 2025-10-03 05:09
Economic Impact of Government Shutdown - Government shutdown cancels the release of the Jobs Friday report, a key economic indicator [1] - Economic uncertainty is causing companies to slow down hiring, impacting job growth [2] - A prolonged government shutdown could negatively affect GDP, economic growth, and working Americans [2] - Hundreds of thousands of government workers are furloughed, leading to reduced spending and potential economic consequences [4] Data and Economic Uncertainty - Lack of government data due to the shutdown makes it difficult to assess the true state of the economy [3] - The economy may be weakening, but the extent is uncertain due to limited data [1] - Job growth has slowed significantly in recent months [1]
How Russia Brazenly Tests NATO’s Air Defenses | WSJ
The Wall Street Journal· 2025-10-02 14:00
Airspace Violations and NATO Response - Russian aircraft increasingly violate NATO airspace, raising concerns about escalation [1][2][3] - NATO radar and warplanes engaged 19 Russian drones that flew into Poland [2] - Other member states, including Finland, Lithuania, and Latvia also reported recent airspace violations [3] - Some defense experts say Russia is testing the bloc's resolve [4] - Russia has denied deliberate airspace incursions [6] Strategic Implications and Risks - Russia's actions may aim to weaken NATO and force Europe to reconsider its support for Ukraine [4][5] - Shooting down Russian jets could dramatically escalate tensions, leading to a massive diplomatic crisis [7] - Shooting down drones poses challenges, as they could hit something on the ground [8] - Operation to take down cheap Russian drones would have cost around $8 million [9] - A muted NATO response poses a greater threat, potentially encouraging further aggression from Russia [11][12] Potential Solutions and Challenges - Some suggest a "drone wall" to defend Europe, but drones can be launched from within targeted countries [10] - The issue may not be a lack of capability, but a lack of political will to respond with sufficient force [11] - A more robust Allied response is needed to deter further escalation by Russia [12]
U.S. Government Shutdown Enters Day Two: What to Expect
The Wall Street Journal· 2025-10-02 06:02
Government Shutdown & Political Standoff - The US government is in its second day of shutdown with no agreement between Republicans and Democrats in sight [1] - Republicans and Democrats are entrenched in their positions, hindering progress towards a resolution [1] - The shutdown is attributed to disagreements over healthcare funding [2] - A potential solution involves Republicans engaging in negotiations and moderate Democrats joining Senate Republicans [2] Potential Consequences & Actions - Government layoffs could commence as early as Thursday [3] - Funding cuts to projects in New York are being considered [4] - Reopening the government is prioritized over addressing complaints [4] Timeline & Resolution Prospects - A resolution before the weekend is unlikely due to the absence of House lawmakers from Washington [5] - Any deal beyond extending funding into mid-November would require House lawmakers to return to Washington, delaying progress [5] - No significant developments are anticipated until next week [5]
Government Shutdown 2025: Why This Time Seems Different | WSJ News
The Wall Street Journal· 2025-10-01 04:33
Welcome to the shutdown of 2025. The last thing we want to do is shut it down, but uh a lot of good can come down from shutdowns. They don't give a damn about the harm they will cause with their shutdown.In the past few days, the White House and Democrats made no real effort to reach a compromise. We are in this fight until we win this fight. So, here we are.Funding has lapsed. Many government programs are going to cease. Hundreds of thousands of federal workers will likely be put on furlow.and an uncertain ...
Hegseth Addresses Top U.S. Military Leaders: What We Know | WSJ News
The Wall Street Journal· 2025-09-30 21:02
Personnel & Standards - Secretary of War (Pete Hugsath) addressed top US military leaders, emphasizing military standards including fitness tests and appearance requirements [1] - Individuals not meeting male-level physical standards for combat positions, failing PT tests, or unwilling to maintain a professional appearance should seek new positions or professions [1] Oversight & Investigation - The Secretary of War is seeking to change the Pentagon's oversight process [1] - The Pentagon's inspector general has been investigating the Secretary of War's personal use of signal and potential posting of classified information [1] - The Secretary of War denies wrongdoing and blames leakers [1] - The Secretary of War claims the inspector general process has been weaponized [1] Leadership & Support - Members of Congress have criticized the Secretary of War's leadership [1] - The Secretary of War appears to have the support of the commander-in-chief [1]
Netanyahu Agrees to Trump’s Gaza Plan. Will Hamas Accept?
The Wall Street Journal· 2025-09-30 14:12
As things stand right now, the ball is completely in Hamas's court. Today is a historic day for peace. President Trump on Monday proposed a 20point plan to end the war in Gaza.This is largely what Netanyahu wanted, which was Hamas to have no role in the future governance of Gaza and for them to essentially demilitarize and surrender. The other requirement in the plan is that Hamas give up all 48 hostages, about 20 living, within 72 hours of when the deal is agreed to. That means that Hamas has to give up al ...
Ukraine’s New Homemade Cruise Missile Packs a One-Ton Warhead | WSJ Equipped
The Wall Street Journal· 2025-09-30 14:00
Weapon Capabilities & Specifications - The FP-5 cruise missile "Flamingo," unveiled by Ukraine, can carry a 1-ton warhead and strike targets beyond the range of Ukraine's current arsenal [1] - Flamingo has a 20-foot wingspan, significantly larger than the US-made Tomahawk's under 9-foot wingspan, potentially allowing for a larger warhead and more fuel [2][3] - Flamingo's range is approximately 1,800 miles, 300 miles further than a Tomahawk, enabling strikes deep inside Russia [3][4] - The missile's design prioritizes simplicity with fixed wings, a carbon body, and an external turbofan engine to reduce production costs and increase production speed [5] Strategic Implications & Potential Targets - Analysts believe Ukraine will likely target Russia's oil and gas industries, which are critical for funding the war [6] - Ukraine's previous drone attacks shut down facilities accounting for at least 17% of Russia's oil processing capacity [8] - Flamingo's larger payload could increase the impact on targeted facilities compared to drone strikes [9][10] - Domestically produced missiles provide Ukraine with long-term deterrence and financial benefits, reducing reliance on foreign suppliers and their restrictions [11][12] Production & Financial Considerations - Ukraine aims to establish a significant missile industry post-war to drive economic growth [13] - Mass production of Flamingo faces challenges, including budget constraints and potential shortages of parts, particularly turbofan engines [14][17] - Experts caution that Flamingo alone is unlikely to be a "game-changer" in the war [16] - The manufacturer aims to produce around 200 Flamingos per month by October, but faces challenges related to parts availability and manpower [17][18]