Pensacola, Florida — Emily Ley has spent the last 17 years building Simplified, her small stationery business based in Pensacola, Florida. The company produces its planners in China, but for American shoppers. “I would love to make them here, but the U.S. simply doesn’t have the infrastructure or the supply chain to do it,” Ley told…
The British government ramped up actions to help protect businesses and households from some of the economic tumult created by President Trump’s decision to raise tariffs and upend the norms of global trade. The government said on Sunday it would suspend tariffs on 89 products for about two years to help businesses and consumers save…
Container vessels and shipping containers at Yangshan Deep-Water Port on Oct. 18, 2024, in Shanghai, China. Vcg | Visual China Group | Getty Images Apple’s iPhone and other technology hardware, from chips to PCs, received a China tariff reprieve from President Trump on Saturday, but for much of the U.S. economy and small business owners,…
Many U.S. small businesses could face a financial crunch as President Trump’s reciprocal tariffs take effect on Wednesday, slapping new import duties on products from almost every nation across the globe. Some small businesses told CBS News they’re worried about the impact from the sharp increase in tariffs that they’ll soon be required to pay…
LOWELL — The Greater Lowell Community Foundation announced that $4,000 was raised at a Fall Fashion Show to benefit the Maria Olimpia Meza “MOM” Scholarship Fund to support Lowell High School seniors further their education. The fund was established with GLCF in 2020 by Maria Vejar, who wanted to honor her mother who held strong…
President Trump and his son Eric Trump at the LIV Golf tournament in Doral, Fla. WEST PALM BEACH, Fla.—Steve Cambronne voted for Donald Trump three times. Now, he hopes the president’s far-reaching tariffs don’t hurt his small business. PREMIUM Trump Golfs, Fires Off Social Media Posts as Markets Convulse Cambronne, 70 years old, a Fort…
The new administration in D.C. hit the ground running, putting everyone off balance and trying to keep up. Every day the President is playing in someone else’s sandbox looking to recover some misdirected spending. And there is plenty of that in Washington to find. This has put a lot of business owners on edge, wondering…
Investors watching the S&P 500’s plunge this week are processing a mix of signals. Will the threat of tariffs push the economy into a recession or is this simply a retrenchment from the highly valued technology companies that some analysts and investors argued were due for a pullback? There is a different stock index that…
U.S. business owners respond to tariff war – CBS News Watch CBS News President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. Kelly O’Grady examines the latest on the trade…
How climate change is threatening the maple syrup industry – CBS News Watch CBS News Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting….