tariffs
Search documents
Why Americans could face an artificial Christmas tree shortage
CNBC Television· 2025-10-08 10:21
Industry Impact of Tariffs - The artificial Christmas business sources about 90% of its products from China historically [3][18] - Due to tariffs and other factors, the industry anticipates a shorter supply of Christmas goods and a slight increase in prices for consumers this year [10] - The CEO advises consumers to buy Christmas goods early, ahead of the Black Friday weekend, due to potential supply shortages and reduced promotions [10][11] - Tariffs have impacted affordability, with National Tree Company raising prices by about 10% on average [12][22] National Tree Company's Strategy - National Tree Company has diversified its supply chain, with approximately 55% of its trees and goods being manufactured outside of China this year [4] - Overall shipments for National Tree Company will be down about 25% this year [4][15] - The company is bringing in about 25% less product from its factory partners this year [15] - The company is splitting the impact of tariffs throughout the value chain, with suppliers and the company absorbing some costs, and some cost increases being passed on to consumers [24] - National Tree Company is not currently considering layoffs and is focused on efficient operations and automation [26][27] Advocacy and Future Outlook - The Christmas Trade Group, representing companies with about $1 billion in revenue and over 1,000 employees, is seeking tariff exemptions or exclusions from the administration [17][18] - Manufacturing trees in the US would be approximately 250% to 300% more expensive due to raw material imports and higher labor costs [20]
X @Crypto Rover
Crypto Rover· 2025-10-07 17:18
Will Trump’s potential tariffs push Bitcoin much higher again? https://t.co/q4UjBt76cN ...
X @Bloomberg
Bloomberg· 2025-10-07 17:14
Trump said he expects the US and Canada can “get there” on a resolution to the two countries’ dispute over sectoral tariffs on steel, aluminum and autos https://t.co/hWAPPVruoU ...
X @Bloomberg
Bloomberg· 2025-10-07 15:11
RT Bloomberg Live (@BloombergLive)"We've got to be very careful - that we're using parts that aren't affected by the tariffs - we're actually diversifying the parts that we use,"Boyd Group Services Inc's Brian Kaner on the impact tariffs have had on Canadian businesses at #BBGCanadianFinance https://t.co/ePiCbIFyu4 ...
X @Bloomberg
Bloomberg· 2025-10-07 13:57
RT Bloomberg Live (@BloombergLive)"I do think you need to have tariffs on - what comes from Europe, Japan and Korea - that will encourage them to make more here," @MartinreaInt's Rob Wildeboer at #BBGCanadianFinance https://t.co/3XL3r3C6Lk ...
CEOs are becoming 'more confident' with the dynamic of constant uncertainty, says KPMG U.S. CEO
CNBC Television· 2025-10-07 11:16
A new survey from KPMG shows America's top executives are focused on making their supply chain stronger. 89% of CEOs say tariffs will significantly impact their business over the next three years and 86% plan to raise prices to offset those costs. Joining us right now to break down the survey survey is KPMG US chair and CEO Tim Walsh.And Tim, thanks for coming in today to be with us in studio. It's good to see you. Great to be here, Becky.Um, I can't say this surprises me that supply chain is still the top ...
President Trump says 25% tariffs on imported trucks will begin November 1
CNBC Television· 2025-10-07 10:30
Meanwhile, President Trump announcing tariffs for truck imports. In a post on Truth Social, Trump said starting November 1st, all medium and heavy duty trucks coming into the US are going to be hit with a 25% tariff. The White House is using a national security rationale for those levies.President Trump said last month they would protect manufacturers from unfair competition. US Chamber of Commerce has urged Commerce Department not to implement new tariffs. It says the top five importers to the US including ...
Wells Fargo's Kwon predicts upside earnings season surprise
CNBC Television· 2025-10-06 21:58
For more on the AI trade in the markets overall, let's bring in Osan Kan. He is the newish chief equity strategist at Wells Fargo and he is out with his first ever earnings preview note in that role and is kind enough to come on fast money. Are you sure this is where you should on the new rule.So I guess the debate this bubble or not whatever is happening your models you run through all these thousands of models all the time your models show that earnings may actually be better than many think why yeah so w ...
X @Bloomberg
Bloomberg· 2025-10-06 14:22
Brazil’s Lula and Donald Trump spoke Monday, their first major call since the US imposed 50% tariffs https://t.co/S3A2lg1kxM ...
X @Bloomberg
Bloomberg· 2025-10-06 10:09
If Trump’s tariffs are ruled illegal, the US may be forced to refund the bulk of the $165 billion in duties collected so far — but the president is unlikely to part with the funds easily https://t.co/LcfDbLVBbK ...