tariffs

Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers

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Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers

 The United States and Britain announced a deal on Monday to secure zero tariffs on British pharmaceutical products and medical technology in return for Britain spending more on medicines and overhauling how it values drugs. Under the agreement, Britain will raise the net price it pays for new US medicines by 25%. In return, UK-made medicines, drug ingredients and medical technology will be exempt … Read more

American pasta brands poised for sales boost as tariffs threaten Italian-produced imports

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American pasta brands poised for sales boost as tariffs threaten Italian-produced imports

With new tariffs threatening to raise prices on Italian imports, American pasta makers — from century-old brands to modern innovators — are ready to fill the gap with U.S.-made alternatives. “New U.S. tariffs will raise prices on imported Italian goods, especially pasta, olive oil and cheeses,” said Kyle Taylor, an Atlanta chef and the founder of He … Read more

Stores are slashing candy prices to entice Halloween shoppers as cocoa tariffs hit hard

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Stores are slashing candy prices to entice Halloween shoppers as cocoa tariffs hit hard

American retailers are offering more discounts on Hershey products ahead of Halloween as the candymaker raised prices because of tariffs and cocoa inflation, Reuters reported, citing data. The news agency said by early October, over half of Hershey candy had been put on sale by one mass retailer, according to findings from the data provider … Read more

New matcha teahouse in NYC’s Flatiron District offers scintillating Japanese ceremonies

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New matcha teahouse in NYC’s Flatiron District offers scintillating Japanese ceremonies

The latest Japanese teahouse to open in Manhattan provides a lesson in ancient matcha rituals. The sensory experience begins with the smell of incense inside Sōrate’s new outpost in the Flatiron District. After that, a tea master prepares and serves the brew, with guests quietly taking in a “meditative ritual to enjoy the visuals and … Read more

Foreign fast fashion brands shock US shoppers with massive price hikes — as tariffs hit stores

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Foreign fast fashion brands shock US shoppers with massive price hikes — as tariffs hit stores

Fashion knows no bounds — and neither do these prices. American trendsetters have fallen in love with fast-fashion brands like Zara, Mango and River Island for their stylish and relatively affordable options. But lately, many US customers are feeling the tariff pinch as these stores are hiking up prices by sometimes astronomical amounts. However, the … Read more

Taylor Swift ‘The Life of a Showgirl’ vinyl records are exempt from Trump tariffs — here’s why

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Taylor Swift ‘The Life of a Showgirl’ vinyl records are exempt from Trump tariffs — here’s why

A showgirl doesn’t have to deal with tariffs. The Trump administration’s tariffs took effect on Friday, August 29, revoking the “de minimis” exemption, which once allowed billions of small shipments to be imported into the US without charges. But one exception survived — and it’s music to the ears of Taylor Swift fans. Physical copies … Read more

Ferrari evokes spirit of 1980s with new 849 Testarossa hybrid

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Ferrari evokes spirit of 1980s with new 849 Testarossa hybrid

Ferrari on Tuesday completed a refresh of its hybrid range with the new 849 Testarossa sportscar, a tribute to the famous original Testarossa model of the 1980s. Ferrari unveiled the new plug-in hybrid, four-wheel drive in Milan, a car which will replace 2019’s SF90 Stradale at the top of its range. The new vehicle will also … Read more

Walmart and Target accused of sneakily removing price tags amid tariff-driven price hikes — leaving customers furious

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Walmart and Target accused of sneakily removing price tags amid tariff-driven price hikes — leaving customers furious

They’re hoping you’ll shop even as the price tags drop. Shoppers at both Walmart and Target are noticing prices missing from items’ tags — and a wave of viral social media posts from employees of these stores are proving customers’ speculations to be true. Reportedly, employees at these retail giants are removing price tags so … Read more

AriZona iced tea 99-cent deal under threat as founder floats possible price hike: ‘Hate even the thought of it’

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AriZona iced tea 99-cent deal under threat as founder floats possible price hike: ‘Hate even the thought of it’

Here’s the new tea on AriZona. The brand’s iconic 99-cent iced tea may be increasing its price for the first time in decades. For more than 30 years, the beloved beverage held strong to its low price tag — surviving the pandemic, supply chain issues and recessions. Unfortunately, President Donald Trump’s new 50% tariffs on … Read more

TikTok moms hack tariffs with $200 back-to-school budgets — ‘No idea if this is possible’

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TikTok moms hack tariffs with 0 back-to-school budgets — ‘No idea if this is possible’

New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Grace Waterman is among millions of TikTok moms budgeting ahead of the school year. Many have shared their back-to-school hauls on social media, setting tight budgets to limit overspending, and … Read more

Hershey to hike chocolate prices by double digits — and it’s not because of tariffs

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Hershey to hike chocolate prices by double digits — and it’s not because of tariffs

Hershey has told retailers it will be taking a double-digit price increase on average across its confection portfolio due to a surge in costs of cocoa, a company spokesperson said Tuesday. The maker of Reese’s Peanut Butter Cups declined to comment on the specifics of the pricing action as discussions with its retail partners are underway. … Read more

Online shopper slammed with a $1K tariff bill after ordering from popular retailer: ‘I had no idea’

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Online shopper slammed with a K tariff bill after ordering from popular retailer: ‘I had no idea’

One woman’s online shopping spree turned into a fashion fiasco — with a hefty price tag. Amanda Ivanelli, a Florida-based family vlogger, was floored when she opened her mail and found a $1,243 FedEx bill associated with a recent ASOS order. She originally ordered “a bunch of dresses” from the British fast fashion side but … Read more

Lululemon fans furious as tariffs threaten to drive prices even higher amid stock plunge

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Lululemon fans furious as tariffs threaten to drive prices even higher amid stock plunge

Lululemon lovers are already stretching their wallets to the limit — and now they’ve had enough. Fans and critics alike were clucking their tongues Friday after the athleisure giant warned customers they’d soon be paying even more for already-pricey workout gear — following a whopping stock nosedive. The culprit? President Donald Trump’s tariffs — and, … Read more

Exclusive | Tariffs, who cares? I fly to Paris to get my designer fashion — here’s how I actually save money

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Exclusive | Tariffs, who cares? I fly to Paris to get my designer fashion — here’s how I actually save money

Donning designer can be financially taxing — especially in this uneasy economy. But Tiffany Radulescu stays fly (and on budget) by routinely flying from NYC to Paris, scoring couture from Prada, Hermès, Loewe and Christian Louboutin — without worrying about the Trump administration’s plans to slap hefty surcharges on foreign fashion. “I’d rather catch a flight than catch … Read more

The Black hair industry imports products from China. Here’s what tariffs mean for braids and wigs

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The Black hair industry imports products from China. Here’s what tariffs mean for braids and wigs

Before the oppressive summer heat descends on Atlanta, therapist Brittanee Sims usually gets her thick, curly hair braided at a salon to preserve her healthy mane. But it’s more expensive this year. So she’ll only pay for her teenage daughter and son to get their summer hairdos. Not having braided hair “creates more of a … Read more

Cost-cutting tips for planning a wedding in a time of new tariffs

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Cost-cutting tips for planning a wedding in a time of new tariffs

Weddings in the United States are often dependent on goods imported from countries hit with new tariffs. Vendors and engaged couples are navigating higher prices and supply worries after President Donald Trump went to war over trade around the globe. Exports from dozens of countries, including major centers for goods such as cut flowers, wedding gowns, and decorations, … Read more

Walmart uses a hidden trick to catch shoplifting and ‘skip scanning’ — here’s how

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Walmart uses a hidden trick to catch shoplifting and ‘skip scanning’ — here’s how

Talk about a hidden value. Walmart shoppers are losing their minds after learning that the store’s budget-friendly Great Value items come equipped with invisible barcodes — a secret hiding in plain sight since 2019. In a viral TikTok clip posted by Walmart worker @beatsbycait, the employee used a handheld scanner to zap six products right … Read more

How contractors are preparing for a pending recession

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How contractors are preparing for a pending recession

A new survey suggests slower construction could be a major indicator of a pending recession. The study of 250 American general contractors and subcontractors found 73% can tell what the larger economic climate will be based on the speed of projects. A further 59% are concerned the current tariff crisis will have a direct impact … Read more

Exclusive | Store full of NYC-made goods is the ultimate tariff beater — meet the ‘shop local’ queen behind its meteoric rise

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Exclusive | Store full of NYC-made goods is the ultimate tariff beater — meet the ‘shop local’ queen behind its meteoric rise

Tariffs busting your budget? One charming NYC shop is here to save your wallet — and your conscience. Tucked away at 434 Sixth Ave. in the West Village, the Locavore Variety Store is helmed by “shop local” queen Caroline Weaver, an entrepreneur on a serious mission to change the way New Yorkers consume. Since opening a … Read more

Trump tariffs sour opening of NYC candy store by Zabar scion: ‘I’m eating the cost’

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Trump tariffs sour opening of NYC candy store by Zabar scion: ‘I’m eating the cost’

The chaos caused by President Trump’s tariffs have been a bitter pill to swallow for those planning to open a restaurant in the Big Apple – including a sweets shop from the scion of the famed Zabar family. For now the candy prices are stable and comparable to other hotspots as foodie entrepreneurs appear to … Read more