Tag: tariffs
Philips Hue says US prices will go up in July because of tariffs
When Philips Hue’s US prices go up next month, you can officially know who to blame. (Hint: It rhymes with “rump.”) Parent company Signify told Hueblog (via The Verge) that its price increases are “a direct result of tariffs.” See how easy that was, Amazon? Before that confirmation, the company vaguely referred to an upcoming…
Two laws that Trump could use to re-impose his tariffs (and why he might do them both)
President Trump’s trade plans ran into a stumbling block this week when a court blocked a wide swath of his tariffs. But he could bounce back quickly even if White House plans to appeal the defeat don’t pan out. That’s because Congress has been handing its tariff powers over to the executive branch for decades,…