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#prices

8 posts7 participants0 posts today
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IT News

Shein and Temu Will be Hit by Trump’s China Tariffs. Americans Are Worried. - The Trump administration’s plan to add steep fees to packages from China will deal a blow... - nytimes.com/2025/04/16/busines #unitedstatesinternationalrelations #customsandborderprotection(us) #prices(faresfeesandrates) #shein(fashionlabel) #tiktok(bytedance) #consumerbehavior #customs(tariff) #temu(website) #trumpdonaldj #e-commerce

A garment factory where workers make clothing for Shein in Guangzhou, China, last week.
The New York Times · Shein and Temu Will be Hit by Trump’s China Tariffs. Americans Are Worried.By Sapna Maheshwari
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☮ ♥ ♬ 🧑‍💻

Day 16 cont 🏡🏠🏚️🏚️🏡🏡🏠🏠🏡

“One is left to wonder, why do parties of both major #political persuasions keep doing things which they know will put upward pressure on #house #prices, and thus exacerbate the #problem they say they are trying to solve?

It’s hard to avoid the conclusion that the reason is that they know there are only about 110,000 people who each year succeed in becoming first home buyers. And even if you assume that for every one who does, there are five or six who don’t, that’s still only 700,000 or so votes, tops, for policies that might restrain the rate of house price inflation or halt it altogether.

Politicians also know that at any point in time there are more than 11 million voters who own their own homes, and more than 2.25 million who own at least one investment property. The last thing those 11 million to 13 million voters want is anything that might restrain – let alone halt – the rate of property price #inflation.” — #SaulEslake

#AusPol / #OpEd / #housing / #Australia / #LNP / #Liberal / #Nationals / #Labor <theguardian.com/commentisfree/>

The Guardian · The housing policies of both major parties are bad for Australia’s aspiring homebuyersBy Guardian staff reporter
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ˈdälfən™🐬 💥 🌊

/2 🧵🧐

A weaker #dollar will mean that things cost more in the US because more dollars are needed to buy things with the decrease in the dollar’s purchasing power— goes for imports (of course, compounded with the effects of #tariffs ) and also goods made in the #USA because of complicated supply chains for material to make the goods. Increases in capital expenditures and operating costs could also cause US service businesses to raise #prices for customers.

#economics#business#inflation
Public
Nonilex

For weeks, #Trump has repeatedly boasted that his admin had managed to bring #EggPrices down. But new data on Thurs showed that egg #prices at the #grocery store continued to climb in March.

Egg prices rose 5.9% over the month, acc/to data released by the Bureau of Labor Statistics [#BLS]. They climbed at a slower rate, though, after rising 10.4% in February & 15.2% in January.

Compared with a year earlier, the price of #eggs is up 60.4%.

#economy #inflation #recession
nytimes.com/2025/04/10/us/poli

Egg prices have stayed elevated in recent months as bird flu outbreaks have hit poultry farms.
The New York Times · Egg Prices Continued to Rise in MarchBy Madeleine Ngo
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Nonilex

As #EggPrices soared, so did producer #profits

A #USDA program doled out hundreds of millions in relief payments to big egg companies, even as the largest earned record profits.

The #AvianInfluenza outbreak has had far-reaching consequences: >120M hens have been slaughtered & #egg #prices have risen to record levels. In his address to Congress, #Trump called the situation “out of control.”

Yet for some #corporate companies, these are good times.

#BirdFlu #Profiteering
washingtonpost.com/business/20

The Washington Post · As egg prices soared at the supermarket, so did producer profitsBy Peter Whoriskey
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Nonilex

If other #carmakers make similar moves, the #economic impact could be severe, leading to higher #car #prices & widespread #layoffs. The #tariffs on #cars are among the first of several industry-specific levies that #Trump has in his sights & could offer early clues about how businesses will respond to his #trade policies, including whether they raise #prices or increase manufacturing in the US. Trump also wants to #tax the imports of #medicines & #ComputerChips.

#economy#inflation#recession
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Nonilex

The CGTN video displays images of car factories & humanoid robots dancing in burned-out streets.

"You taxed each truck, you taxed each tire. Midwest burnin' in your dumpster fire," the automated voice sings.

Economists say #consumers are likely to see higher #prices due to the #TradeWar & that the #US #economy could enter a #recession, while some US #trade partners are putting their own levies on American products - effects that #Trump has called a "disturbance". [he’s the disturbance]

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