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News Articles: Economy

A U.S. Customs and Border Protection technician examines overseas parcels after they were scanned at the agency's overseas mail inspection facility at Chicago's O'Hare International Airport on Feb. 23, 2024.

Tagged as: 

  • Economy

Trump has imposed a lot of tariffs. But here's why collecting them can be hard

Collecting Trump's tariffs could be tricky. The agencies that screen imports say they're frequently overwhelmed and understaffed, and experts say exporters are becoming cannier at evading taxes.

May 20, 2025
|
By:
  • Emily Feng
Refrigerators are on display at a Home Depot store in Orlando, Fla.

Tagged as: 

  • Business

Home Depot doesn't plan to raise prices due to tariffs. But some items may disappear

The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.

May 20, 2025
|
By:
  • Alina Selyukh
President Trump hopes to encourage more U.S. manufacturing with his import taxes on foreign goods. But an online experiment suggests most people aren't willing to pay a premium for a "Made in the USA" product.

Tagged as: 

  • Economy

What a Texas showerhead salesman discovered about 'Made in the USA' labels

A Texas showerhead salesman wanted to know how much more customers would pay to buy a product that's made in the USA. The answer could pour cold water on President Trump's plan to encourage more companies to open factories in the U.S.

May 20, 2025
|
By:
  • Scott Horsley
Ursula von der Leyen, president of the European Commission, left, and Keir Starmer, prime minister of the U.K., greet each other, ahead of their bilateral meeting at the 6th European Political Community summit on May 16 in Albania.

Tagged as: 

  • Europe

5 years since Brexit, Britain and the EU announce fresh ties

With a war in Ukraine and the U.S. rethinking alliances, Britain and the European Union may need each other more than they thought. Here's what happened at Monday's summit — and what didn't.

May 19, 2025
|
By:
  • Lauren Frayer
Shopper pushes a basket into the produce section of a Walmart store in Englewood, Colo.

Tagged as: 

  • Business

Walmart says higher prices from tariffs coming as soon as this month

The world's largest retailer says it won't be able to absorb all the costs from higher tariffs on imported goods, particularly from China. Already in April, shoppers began tightening their budgets as retail spending did not grow much compared to March.

May 15, 2025
|
By:
  • Alina Selyukh
Concrete materials and retired MARTA railcars are placed at Artificial Reef L about 23 nautical miles east of Ossabaw Island on Thursday, Dec. 21, 2023.

Tagged as: 

  • News

Visitors to Georgia's artificial reef contributed $8.2M to coastal economy in 2023, study says

46 artificial reef sites made from materials such as concrete rubble, metal hulled vessels, and even MARTA rail cars, sit in waters off the Georgia coast.

May 15, 2025
|
By:
  • Devon Zwald
William's Fun Smart Toys in Macon.

Tagged as: 

  • News

Macon toy shop owner 'frustrated' over lack of clarity on tariffs

GPB's Peter Biello speaks with a small business owner in Macon about how she's planning for the uncertain future created by tariffs.

May 14, 2025
|
By:
  • Peter Biello
Cashier Josh Jimenez rings up egg for sale at a grocery store in Dallas.

Tagged as: 

  • Economy

U.S. egg prices fall for the first time in months but remain near record highs

The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March. It was the first month-to-month drop in egg prices since October 2024.

May 14, 2025
|
By:
  • The Associated Press
Egg prices declined last month as egg producers began to recover from a lengthy battle with avian flu.  Retail egg prices fell 12.7% between March and April but are still more than 49% higher than in April of last year.

Tagged as: 

  • Economy

Inflation cools in April — but tariffs could upend the picture in coming months

Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.

May 13, 2025
|
By:
  • Scott Horsley
A price tag with a dollar sign lies on the sidewalk outside a Walmart store in La Habra, Calif., Wednesday, April 2.

Tagged as: 

  • Economy

Why an economist says temporary U.S.-China tariff deal doesn't ease uncertainty

Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.

May 13, 2025
|
By:
  • Obed Manuel and
  • Leila Fadel

Tagged as: 

  • Economy

Why aren't Americans filling the manufacturing jobs we already have?

Leaders from both political parties have been working to bring back manufacturing. But American manufacturers say they are struggling to fill the manufacturing jobs we already have.

May 13, 2025
|
By:
  • Greg Rosalsky
Chinese-made cars are lined up in rows at the port in Nanjing, in China's eastern Jiangsu province, on April 16 as they wait to be loaded onto ships for export.

Tagged as: 

  • Business

First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now

Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.

May 13, 2025
|
By:
  • Scott Horsley
Shipping containers are stacked at the Port of Los Angeles, California, on May 6.

Tagged as: 

  • News

Importers respond U.S.-China tariff cuts. And, takeaways from day 1 of Diddy's trial

Importers are ready to get back to business after the U.S. cut tariffs on China, but uncertainty looms. And, media mogul Diddy's first day of trial held a slew of accusations.

May 13, 2025
|
By:
  • Brittney Melton
Traders work on the floor of the New York Stock Exchange at the opening bell on Thursday in New York City. Stocks surged on Monday after China and the U.S. clinched a temporary deal on tariffs.

Tagged as: 

  • Economy

Stocks soar after U.S. and China agree to temporarily slash tariffs

Stocks rallied after the U.S. and China said they would slash tariffs on each other's imports for 90 days.

May 12, 2025
|
By:
  • Scott Horsley
A woman walks past Chinese and United States' national flags on display at a merchandise store in Beijing.

Tagged as: 

  • Asia

The U.S. and China announce a deal to cut tariffs, temporarily easing trade war

U.S. levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.

May 12, 2025
|
By:
  • Willem Marx and
  • Emily Feng
  • Load More

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