Walmart asking Chinese suppliers to absorb cost of Trump's tariffs

Walmart is asking its Chinese suppliers to cut prices to absorb the cost of Trump's increased tariffs on Chinese-made products in order to keep prices low for American consumers. Studies show that companies tend to absorb tariffs rather than passing the costs to customers.

Impact of Trump's Tariffs on Italian Wine and Fashion Exports to the U.S.

President Trump's threats to impose new tariffs on European goods has caused Americans to stockpile Italian wines, particularly Prosecco. U.S. imports of Italian wine, mostly Prosecco, increased by 41% in November after Trump's election. Italian wine growers and the fashion industry in Italy are concerned about the impact of potential tariffs on their exports to the United States.