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Hermes to hike US prices to offset tariff impact

Representative Image (AI) PARIS: French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump.Famous for its Birkin handbag, silk scarves and leather goods, the increases would take effect on May 1, said the group’s finance chief, Eric […]

Trump’s approval rating today: Majority of Americans consider tariff as ‘largest peacetime tax hike’

Donald Trump faces challenge as his tariffs hit global economy. As America grapples with volatile markets triggered by Donald Trump’s reciprocal tariffs to countries, a new YouGov Survey revealed that a majority pf American adults are deeply skeptical about the policy and more than half of those polled said they regard the policy as the […]

Mike Pence On Trump Tariff: ‘Largest peacetime tax hike’: Mike Pence slams Trump tariff. MAGA says he’s just bitter

Mike Pence slammed Trump tariff and said this will decimate real family income. Mike Pence who was the vice president in Donald Trump‘s first term claimed that the tariffs that Trump announced on April 2 are nearly ten times more than those imposed during the Trump-Pence administration. Calling the reciprocratory tariffs the largest peacetime tax […]

‘I couldn’t care less’: Why Donald Trump wants auto prices hike

US President Donald Trump said on Saturday that he “couldn’t care less” if automakers raise car prices for Americans after he imposed a 25 per cent tariff on all foreign-made cars. There have been reports that he warned auto executives of consequences if prices go up, but Trump, in an interview with NBC News, told […]

Canadian PM Mark Carney reverses capital gains tax hike to promote small business and investment growth

Canadian prime minister Mark Carney announced cancelling the proposed increase to the amount of capital gains subject to taxation. The move reversed a major element of the 2024 federal budget, to support small businesses and encourage private investment.“Cancelling the hike in capital gains tax will catalyze investment across our communities and incentivize builders, innovators and […]