U.S.-Built Cars Fall to 28.4% of Canadian Sales as Tariffs Backfire
Only 28.4% of new vehicles sold in Canada in the first half of 2026 were U.S.-built, down from 35.4% a year earlier, as tariffs push buyers toward Asian and European brands.
Topic
Tariffs
Topic
Tariffs
Costco Reinvested $184 Million in Tariff Refunds Into Price Cuts
Costco received $184 million in tariff refunds in Q4 and reinvested the money into price cuts on produce, meat, beverages, home f…
Behind Closed Doors, CEOs Deliver Verdict: Trump Policies Are Failing
Two-thirds of surveyed CEOs say tariffs hurt their businesses, with 80% of costs borne by firms and consumers. Nearly three-quart…
Chinese Hybrid Car Sales in EU Surge to 160,662 as Tariff Gap Exposed
Sales of Chinese hybrids in the EU jumped from 659 in 2022 to 160,662 in seven months, exposing a gap in Brussels' 2024 EV tariff…
China Hits Record 40% of Global Container Exports Despite Trump Tariffs
China's share of global container exports hit a record 40%, up 2.5 points in nine months, as Trump's tariffs push Beijing to rero…
MillerKnoll Posts $0.42 EPS Ex-Tariff Boost, Cuts Sales Outlook
MillerKnoll's fiscal Q1 adjusted EPS of $0.42 beat guidance ex-tariff refunds, but soft North America Contract orders pushed the…
AutoZone Posts Record $20.3 Billion Year, Opens 374 Stores
AutoZone crossed $20 billion in annual sales for the first time, opened a record 374 stores, and grew Q4 EPS 15.1% as an $96 mill…
J.Jill Beats on a $13.3 Million Refund, and Analysts Raise Targets Anyway
J.Jill's Q2 EBITDA surged to $32.8 million, but a $13.3 million tariff refund flattered the results. Four analysts still raised t…
MillerKnoll Cuts Full-Year Sales Outlook to $3.88B–$4.03B
MillerKnoll cut its full-year sales guidance to $3.88B–$4.03B after Q1 revenue fell 3.4%, while a $16.5 million IEPA tariff refun…
U.S. Chamber Warns 25% Brazil Tariff Would Backfire on U.S. Industry
The U.S. Chamber of Commerce told USTR that a proposed 25% tariff on Brazil would hurt U.S. manufacturers, supply chains and cons…
U.S. Chamber and BusinessEurope Back U.S.-EU Trade Framework
The U.S. Chamber and BusinessEurope call the U.S.-EU trade framework a starting point, urging urgent action on tariffs, regulator…