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Nebraska voters approved a ballot measure enshrining current abortion restrictions in the state's constitution, NBC News projects, a setback for reproductive rights advocates in the red state. Unlike most states where the abortion issue was put directly before voters this year, the Nebraska ballot pitted two competing abortion measures against each other. The other, called “Protect Women and Children,” which sought to codify the state’s 12-week ban in the constitution while keeping the door open for additional restrictions. For a ballot measure to pass in the state, it needs a majority of the vote and at least 35% of the total votes cast in the election in favor of it. The amendment to codify the current abortion restrictions in the state was receiving 55% support with 92% of the vote in, while the measure to add constitutional protections for abortion received 49% support.
Persons: Organizations: NBC News Locations: Nebraska
Montana voters approved a ballot measure enshrining abortion in the state constitution, NBC News projects, delivering a victory to advocates for reproductive rights in a Western red state. The amendment will not change current law on abortion in Montana: Abortion is legal in the state until fetal viability, around the 23rd or 24th week of pregnancy, backed up by a 1999 ruling by the state Supreme Court. But advocates for the ballot measure wanted to guard against potential changes by the Legislature or state Supreme Court justices in the heavily Republican state. The measure also prevents the government from “penalizing patients, healthcare providers, or anyone who assists in exercising their right to make and carry out voluntary decisions about their pregnancy.”The ballot measure required a simple majority to pass. Nine other states considered constitutional amendments concerning abortion rights in this election: Arizona, Colorado, Florida, Maryland, Missouri, Nebraska, Nevada, New York and South Dakota.
Organizations: NBC News Locations: Montana, , , Arizona , Colorado , Florida , Maryland , Missouri , Nebraska , Nevada , New York, South Dakota
MESA, Ariz. — A small jet crashed into a vehicle Tuesday after taking off from a suburban Phoenix airport, killing five people, police said. The plane crashed while taking off from Falcon Field Airport in Mesa, police there said in a statement. The Honda HA-420 light business jet struck the vehicle outside airport property at 4:40 p.m., according to the Federal Aviation Administration. Television news video showed what appeared to be a large fire on a road near the airport. The FAA, the National Transportation Safety Board and Mesa authorities will investigate.
Organizations: Falcon Field, Honda, Federal Aviation Administration, Television, Authorities, FAA, National Transportation Safety Board, Mesa Locations: Phoenix, Mesa
WEST PALM BEACH, Fla. — Former President Donald Trump declared victory early Wednesday — NBC News has not projected a winner — after he took a series of swing states, including Pennsylvania. “I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president,” Trump told supporters at a victory party at the Palm Beach County Convention Center. “Because we are going to help our country heal.”Family and supporters surround former President Donald Trump at the Palm Beach Convention Center in West Palm Beach, Fla., early Wednesday. Evan Vucci / APTrump was also leading in the popular vote by nearly 5 million votes at 2:30 a.m. ET, a lead that, if it holds, will make him the first Republican nominee to win the popular vote since George W. Bush in 2004.
Persons: Donald Trump, , ” Trump, , Julia Demaree Nikhinson, Sen, JD Vance, Ohio, ” Vance, Trump, Evan Vucci, George W, Bush Organizations: NBC, Convention, Palm Beach Convention, Trump, Fox News, Republican Locations: BEACH, Fla, Pennsylvania, Beach, Palm Beach, West Palm Beach, United States of America, Georgia, North Carolina
Missouri voters approved a ballot measure enshrining abortion rights in the state constitution, NBC News projects, effectively undoing the state’s near-total abortion ban and delivering a victory to abortion rights activists. In early September, a circuit court judge ruled that the campaign did not meet legal requirements to qualify for the ballot. But the state Supreme Court soon stepped in, reversing that judgment and clearing the way for the amendment to go before voters. Missouri joins a string of red states where voters have acted to expand abortion rights after state legislatures passed bans following the 2022 Dobbs decision. Nine other states considered constitutional amendments concerning abortion rights in this election, including Arizona, Colorado, Florida, Maryland, Montana, Nebraska, Nevada, New York and South Dakota.
Persons: Roe, Wade, Dobbs Organizations: NBC News, U.S, Supreme, Missouri Locations: Missouri, Arizona , Colorado , Florida , Maryland , Montana , Nebraska , Nevada , New York, South Dakota
Outside of the eight states with the ballot measures, certain cities and municipalities in three states, as well as Washington, D.C., have allowed noncitizens to vote in some local elections. Supporters of the ballot measures have argued that they are a way to get ahead of any potential problems related to noncitizen voting. Passage of the amendments marks the latest chapter of Republican's ongoing efforts to put unfounded claims of noncitizen voting at the center of a broader political strategy. Former President Donald Trump has long made false claims that noncitizen voting is resulting in widespread fraud and that Democrats have helped migrants enter the country to cast those ballots. The Republican National Committee’s election integrity campaign also highlighted noncitizen voting as a danger that it warned could be a source of widespread fraud in the 2024 election.
Persons: it’s, noncitizens, , Donald Trump, Mike Johnson Organizations: Republican, NBC, noncitizens, GOP, Republicans, D.C, United, Republican National Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, Washington, Iowa , Missouri, Idaho, Kentucky, United States
Republicans have averted a potential disaster in Nebraska, with NBC News projecting that Sen. Deb Fischer has won re-election to a third term. Fischer faced a surprisingly competitive challenge from independent Dan Osborn, a mechanic and union leader who cast her as a creature of Washington. Fischer's win gives the Republicans 51 Senate seats, putting them over the threshold needed for control of the chamber, NBC News projects. But it has been nearly 20 years since the state elected a Democrat to the Senate, and Republicans typically carry statewide races with ease. Fischer was elected to the Senate in 2012 in a resounding victory over Democratic former Sen. Bob Kerrey, who had also been governor.
Persons: Sen, Deb Fischer, Fischer, Dan Osborn, Donald Trump, Fischer's, Osborn, “ Deb Fischer, she’s, ” Trump, AdImpact, Bernie Sanders, Bob Kerrey Organizations: NBC News, Republican, GOP, NBC, Democrat, Senate, Labor, Washington Examiner, MSNBC, Democratic Locations: Nebraska, Washington
Republican Bernie Moreno, a Colombian immigrant who became a high-profile Cleveland car dealer, has unseated Sen. Sherrod Brown, D-Ohio, NBC News projects. Republicans flipped another Democratic-held seat in a state Trump carried easily, West Virginia, on Tuesday and were aiming to capture another in Montana. Moreno’s victory also ends, for now, the 50-year political career of Brown, first elected as a state representative in the post-Watergate era. For decades Brown had fashioned himself as an unapologetic liberal and progressive tightly aligned with working-class voters, particularly organized labor. The messaging strategy, rooted in Trump’s Buckeye State popularity, bolstered Moreno even as Brown and the Democrats sought to exploit his shortcomings.
Persons: Bernie Moreno, Sen, Sherrod Brown, Moreno, Donald Trump, Brown, Patrick T, Fallon, Barack Obama, Trump, Joe Biden, Kamala Harris, , cringed, ” Nikki Haley Organizations: Cleveland, NBC, U.S . Senate, Republicans, Day, Trump, Getty, North American Free Trade, Republican, NBC News, South, United Nations Locations: Colombian, Ohio, U.S, West Virginia, Montana, Milwaukee, Cleveland, Buckeye, Colombia, Columbus, South Carolina
GOP Sen. Ted Cruz of Texas is headed back to Washington after he turned back a challenge from Democratic Rep. Colin Allred, NBC News projects. Cruz was boosted by gains he made among Latino voters in the Lone Star state, according to NBC News exit polls. Cruz, 53, fought back, seeking in the final weeks of the campaign to paint Allred as wanting to allow boys to play in girls sports. In the end, Allred’s campaign spent more than $50 million on ads in the race, just between Labor Day and Election Day, according to AdImpact. Cruz’s campaign spent $26 million in that time, with an additional $23 million spent by the Truth and Courage PAC, a group backing Cruz.
Persons: Sen, Ted Cruz of, Colin Allred, Cruz, Allred, Kamala Harris, “ dos, , Mitch McConnell, Matthew Bartlett, “ He’s, ” Bartlett, Harris Organizations: Democratic Rep, NBC, Lone Star, Labor, Courage PAC, GOP, Fund, Republican, Trump, Democrat Locations: Ted Cruz of Texas, Washington, Cancun, Cruz, “ Texas, Texas
Democrat Angela Alsobrooks has won Maryland’s Senate race, NBC News projects, defeating popular former Republican Gov. Larry Hogan and becoming the first Black woman elected to represent the state in the Senate. It also means that, for the first time in history, Maryland will have a Black senator, governor and mayor of its largest city, Baltimore. Hogan could never quite replicate the support he received from Democrats as governor in his Senate campaign. In Hogan, many Marylanders saw a Republican who represented an increasingly rare version of the party prior to Trump’s takeover.
Persons: Angela Alsobrooks, Larry Hogan, Democratic Sen, Ben Cardin, Alsobrooks, Lisa Blunt Rochester's, ” Alsobrooks, , David Trone, Hogan, Joe Biden, Sen, Carol Moseley Braun, Donald Trump, David Lublin, , “ doesn’t, “ We’re, Candace Turitto, ” Turitto, Wes Moore, Baltimore Mayor Brandon Scott, Francis Scott Key, Moore, there’s Organizations: Senate, NBC News, Republican Gov, Democratic, Democrats, Prince, Trump, American University, , Republican, University of Maryland’s, Black, Baltimore Mayor, Francis Scott Key Bridge Locations: Maryland, Baltimore, Delaware, Prince George’s County, ” Lublin, Lublin, , it’s
— Delaware state Sen. Sarah McBride won the state’s only House seat Tuesday, NBC News projects, making her the first openly transgender person elected to Congress. McBride, a Democrat, defeated Republican John Whalen III, taking 57.8% of the vote with 95% of the vote in. She thanked her friends and family and her late husband, Andy Cray, who died of cancer in 2014, just days after their wedding. He said he persuaded six Republicans to vote for McBride. In 2020, she was elected to represent Delaware’s 1st Senate District, which includes Claymont, Bellefonte and parts of Edgemoor and Wilmington, becoming the country’s first openly trans state senator.
Persons: Sen, Sarah McBride, McBride, Republican John Whalen III, ” McBride, Andy Cray, , Andy, , Jake Carpenter, ” Carpenter, ” Kelley Robinson, Sarah, ” Robinson, Obama, Beau Biden’s, Joe Biden, Kamala Harris, Lisa Blunt Rochester, “ It’s, AdImpact, Donald Trump, JD Vance Organizations: NBC News, Democrat, Republican, Democratic, Human Rights, HRC, Trans Equality, Democratic National Convention, District, Senate, Republicans, GOP, NBC, Republican National Convention Locations: WILMINGTON, Del, — Delaware, , Delaware’s Senate, Lincoln , Delaware, Sussex County, Delaware’s, Claymont, Bellefonte, Edgemoor, Wilmington, Delaware
A ballot measure that would have enshrined abortion rights in Florida's constitution failed on Tuesday, NBC News projects, after a political fight that was among the most hotly contested in the state this election cycle. The amendment won majority support from Florida voters, but it needed to cross the 60% threshold to pass under state law. Its defeat is a setback for reproductive rights groups in the red-leaning state and a victory for Republican Gov. Even though the ballot measure failed, the NBC News Exit poll found that 65% of Florida voters said abortion should be legal in all or most cases. Another ballot measure DeSantis opposed, the effort to legalize the use of recreational marijuana in Florida, also failed on Tuesday, NBC News projected.
Persons: Ron DeSantis, Roe, Wade, DeSantis, , Jessica Rosenworcel Organizations: NBC News, Republican Gov, DeSantis, U.S, Supreme, American Civil Liberties Union, , Federal Communications, NBC Locations: Florida, Iowa
Jim Justice won the state’s open Senate seat Tuesday, NBC News projects, moving Republicans one step closer to flipping the balance of power in the chamber. Justice faced little competition from Wheeling Mayor Glenn Elliott, a Democrat, in a race that Republicans were heavily favored to win after the retirement of independent Sen. Joe Manchin, who left the Democratic Party in May. Justice won election as governor in 2016, the year Trump won the state by more than 42 percentage points. After months of publicly clashing with his party, Manchin announced he wouldn’t seek re-election. But Justice cruised to victory, defeating Mooney by 35 points in May, and faced little political opposition since.
Persons: Jim Justice, Wheeling Mayor Glenn Elliott, Sen, Joe Manchin, Kamala Harris, Donald Trump, Trump, Justice, Manchin, wouldn’t, Alex Mooney, Mooney Organizations: West Virginia Republican Gov, NBC News, Wheeling Mayor, Democrat, Republicans, Democratic Party, GOP, Senate, House, Democrats, Republican, Trump, Justice, Club for Growth
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. SINGAPORE — Asia-Pacific markets opened higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. Japan's Nikkei 225 opened up 0.7%, while the Topix gained 0.4%. The Bank of Japan's monetary policy meeting minutes will be released later in the day, which could give insights on where the members stand on the bank's policy path. Australia's S&P/ASX 200 rose 0.7% higher.
Persons: Kospi Organizations: Nomura Securities Co, U.S, Nikkei, People's Congress Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific
CNN —Republicans will win the US Senate majority, CNN projects, shifting the balance of power in Washington. Should Harris prevail, she would face problems in confirming members of her Cabinet and judicial nominees, and the GOP Senate could thwart her domestic plans. Jim Justice was projected to pick up the Senate seat vacated by retiring Democrat-turned-independent Sen. Joe Manchin. And in Nebraska, CNN projects that Republican Sen. Deb Fischer will defeat a stronger-than-expected challenge from independent Dan Osborn, who, along with his allies, outspent Republican forces in the state. Alsobrooks will become just the fourth Black woman elected to the Senate after Democrat Lisa Blunt Rochester, the third, was projected to win Delaware’s open Senate seat earlier in the night.
Persons: Donald Trump, Kamala Harris, Harris, Jim Justice, Sen, Joe Manchin, Manchin, wouldn’t, Democratic Sen, Sherrod Brown, Bernie Moreno, Trump, Cruz, Scott, GOP Sen, Rick Scott, Debbie Mucarsel, Powell, Ted Cruz, Colin Allred, Republican Sen, Deb Fischer, Dan Osborn, Osborn hadn’t, Osborn, Jon Tester, Tim Sheehy, Wisconsin Democratic Sen, Tammy Baldwin, Republican Eric Hovde, Elissa Slotkin, Debbie Stabenow, Mike Rogers, Bob Casey, Republican Dave McCormick, Jacky Rosen, Republican Sam Brown, Kyrsten Sinema, Ruben Gallego, Kari Lake, Angela Alsobrooks, Larry Hogan, Hogan, Lisa Blunt Rochester Organizations: CNN, Republicans, GOP, Democratic, Senate, Trump, Representatives, GOP Senate, Republican, West Virginia Gov, Democrat, Democrats, Rep, Navy SEAL, Wisconsin Democratic, , House Intelligence, Army, Democratic Rep, Maryland’s Republican, Gov, Black Locations: Washington, Ohio, Florida, Texas, Nebraska, Montana, Michigan, Pennsylvania, Nevada, Arizona, Maryland’s, Alsobrooks
I've seen incredible natural wonders while visiting all 50 states. Go to newsletter preferences Thanks for signing up! You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementAs a travel writer, I've gone from oceans to national parks in search of the most unique, unforgettable natural wonders in the US. Although I've seen many incredible things while exploring all 50 states, a few natural wonders stand out to me.
Persons: I've, Organizations: Service Locations: American, Desert
China told its sailors on Monday to avoid posting about their jobs on dating apps. In the last year, China has pushed hard on warnings about online habits that it deems are security threats. AdvertisementChina's navy warned its younger members on Monday to avoid publicizing their military careers on dating apps over concerns of security breaches by foreign entities. The internet has traps," the People's Liberation Army Navy's official propaganda arm wrote in a social media post for the "internet generation." Related Video China shows how it would attack Taiwan as tensions rise"Nowadays, dating apps have emerged in an endless stream," the post reads.
Persons: , Xi Jinping, Li Shangfu Organizations: Service, People's Liberation Army, Microsoft, Defense Locations: China, Taiwan, Beijing, Washington
Elon Musk wins big by betting on Trump
  + stars: | 2024-11-06 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +6 min
Elon Musk used his money, power, and influence to help reelect former President Donald Trump. Musk has spent months strengthening his ties to Trump, using his platform on X to advocate for him and investing over $130 million in pro-Trump efforts. Some suggested Musk's actions might be a risk-hedging strategy to secure Trump's backing if he wins. AdvertisementWhat a Trump win means for Musk's business empireAside from direct influence within the government, a Trump presidency could lead to a lot of wins for Musk's business empire, which includes Tesla, SpaceX, The Boring Company, Neuralink, and X. Coglianese said Musk was also "banking on a president who will want to or be willing to repay Musk for his loyalty."
Persons: Elon Musk, Donald Trump, Trump, Musk, , Elon, Cary Coglianese, Erik Gordon, Gordon, Francesco Trebbi, Karoline Leavitt, Coglianese, it's, Carl Icahn, Icahn, Joan MacLeod Heminway, Heminway Organizations: Service, Trump, Business, Penn, University of Pennsylvania, University of Michigan's Ross School of Business, Department of Government, Securities and Exchange Commission, Twitter, SpaceX, The Boring Company, Tesla, University of California, Department of Defense, Environmental Protection Agency, University of Tennessee Locations: Pittsburgh, Pennsylvania, Texas, California, University of California Berkeley
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Donald Trump, Tesla, Elon Musk, Trump, Gary Gensler, Jim Cramer's, Jim Cramer, Jim Organizations: NBC, Senate, Treasury, Federal Reserve, Trump, Tesla, Club, Justice Department, Apple, DOJ, FTC, Microsoft, Taiwan Semiconductor Manufacturing Company, SEC, Jim Cramer's Charitable, CNBC Locations: China, Taiwan, Mexico
Hong Kong CNN —As the election results roll in and America holds its breath, Chinese state media hasn’t missed the chance to accentuate US political polarization – and play up the threat of post-vote turmoil in its democratic superpower rival. “US Election Day voting begins amid fears of violence, unrest,” declared a headline in nationalist tabloid Global Times. “The US election, once considered a highlight of the so-called ‘beacon of democracy,’ may now become the starting gun of ‘social unrest,’” the state-run Beijing Daily claimed in a commentary on social media. Nicolas Economou/NurPhoto/Getty ImagesOn Chinese social media, the US election featured high among the trending topics throughout Tuesday and Wednesday. “(It) doesn’t matter who it is (that wins),” one social media user wrote in a popular comment on Weibo.
Persons: hasn’t, Xi Jinping, , , Nicolas Economou, Li Shuo, Kamala Harris, Donald Trump, Trump’s, Joe Biden, Biden Organizations: Hong Kong CNN, America, Global Times, White House, Capitol, Beijing Daily, , CNN, Huawei, Biden Locations: Hong Kong, Beijing, United States, China, Washington, Washington , DC, Weibo, Taiwan
CNN —Donald Trump’s election victory will return him to the White House, but both his allies and detractors have made clear his second time around will look nothing like the first. Instead, Trump has found himself relying on people like Donald Trump Jr., Elon Musk and Susie Wiles throughout his third run for the White House. Elon Musk takes the stage during a campaign rally for Donald Trump at Madison Square Garden in New York City, on October 27, 2024. Anna Moneymaker/Getty ImagesRobert F. Kennedy Jr. attends a Donald Trump campaign rally at Macomb Community College in Warren, Michigan, on November 1, 2024. Attorney General William Barr listens to President Donald Trump speak at Mary D. Bradford High School in Kenosha, Wisconsin, on September 1, 2020.
Persons: Donald Trump’s, Trump, Kamala Harris, , recriminations, They’ve, Ivanka Trump, Jared Kushner, surrogates, Kushner, Donald Trump Jr, Elon Musk, Susie Wiles, Donald Trump, Anna Moneymaker, Robert F, Kennedy Jr, Chip Somodevilla, Kennedy, Jr, Biden, Trump’s, He’s, hasn’t, Todd Blanche, Emil Bove, Susan Necheles, Spencer Platt, he’s, Bill Barr, , William Barr, Mary D, Mandel Ngan, Cantor Fitzgerald, Howard Lutnick, John McEntee, ” Trump, Organizations: CNN, White, Republican Party, Trump, White House, Madison, Macomb Community College, RFK, of Health, Human Services, FBI, GOP, Trump Republicans, Supreme, Manhattan Criminal, Justice Department, Bradford High School, Getty, Fox News Locations: New York City, Warren , Michigan, Washington, Kenosha , Wisconsin, AFP
Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate the market shift toward electric vehicles. Revenue : 11.44 trillion yen vs. 11.41 trillion yen: 11.44 trillion yen vs. 11.41 trillion yen Operating profit: 1.16 trillion yen vs. 1.24 trillion yenThe world's largest automaker by sales volume saw a 20% year-on-year drop in operating profit during the quarter. Net profit attributable to company more than halved to 573.7 billion yen from 1.28 trillion a year ago. "If electric vehicles simply become the only choice, including for our suppliers, those people's jobs would be lost." The company maintained a full-year operating profit of 4.3 trillion yen.
Persons: Akio Toyoda, Toyoda, Suzuki Organizations: Toyota, Toyota Motor, LSEG ., Reuters, National, Traffic Safety Administration, Japan's Transport, Ministry of Land, Transport, Honda, Yamaha Locations: Tokyo, Japan, Infrastructure, Tourism
Tech leaders who openly supported Donald Trump took to X to celebrate his win Wednesday morning. AdvertisementAs former president Donald Trump swept to victory Wednesday morning, supporters in Silicon Valley posted messages of congratulations and even gloated over his return to the Oval Office. Some of tech's most high-profile and wealthiest names offered their first reactions after major news networks called the race for Trump. The billionaire owner of X and Tesla watched the election results roll in with Trump from Mar-a-Lago. AdvertisementMarc Andreessen, an early Facebook and Coinbase investor via his firm Andreessen Horowitz, had a curious relationship with Trump.
Persons: Donald Trump, Keith Rabois, , Chamath Palihapitiya, Shaun Maguire, Trump . Elon Musk, Tesla, Joe Biden, Israel —, Musk, Trump, Doug Leone, Joe Lonsdale, David Sacks, Obama, Biden, Harris, Sacks, Leone, Marc Andreessen, Andreessen Horowitz, Andreessen Organizations: Tech, Service, tech's, Trump, Trump ., Mar, San Francisco, Republicans, Israel, Craft Ventures, Republican National Convention, Business, Federal, Commission, National Republican, Founders Fund, SpaceX, Khosla Ventures Locations: Silicon Valley, Sequoia, America, San, Pennsylvania, Rabois
He also believes Russia is also betting on “US turmoil” under Trump, hoping internal divisions will “distract” Trump from foreign policy. Zelensky, like the others playing to Trump’s vanity through praise, said: “I appreciate President Trump’s commitment to the ‘peace through strength’ approach in global affairs. Those are the central questions now facing Seoul, as Trump has openly considered downsizing the approximately 28,500 US troops stationed in South Korea. Seoul currently pays $1.13 billion annually for American military forces within its territory, a figure which under an agreement signed Monday is expected to rise to $1.26 billion annually in 2026. A screens shows live footage of Donald Trump speaking during a news program in Seoul, South Korea, on November 6, 2024.
Persons: Donald Trump, Trump, CNN’s Clare Sebastian, Vladimir Putin, Hillary Clinton, Clinton, Putin wryly, Joe Biden, Vance’s, Pavel Bednyakov, AP “ Trump, , Dmitry Medvedev, Margarita Simonyan, “ Trump, Dmitry Peskov, , ” Boris Bondarev, ” Trump, Matthew Chance, Benjamin Netanyahu, ” Netanyahu, Biden, , Kamala Harris –, Trump’s, Amir Levy, trepidation, America’s, Nic Robertson, Annalena Baerbock, Baerbock, Remko de, Mark Rutte, Jens Stoltenberg’s, Stoltenberg, Putin, ” Baerbock, Steven Jiang, Xi Jinping didn’t, Xi, Washington’s, Florence Lo, Harris, Will Ripley, Lai Ching, Vance, Lai, Taiwan’s, Kamala Harris, Chiang Ying, Mike Valerio, they’d, They’d, Camp Humphreys, Lee Jin, Will Trump, Kim Jong, Robert C, Kim, Larry Madowo, Ghana Trump, Uhuru Kenyatta, Akinwumi Adesina, Osinbajo, Hailemariam Desalegn, Jonathan Ernst, George W, Bush, It’s, Stefano Pozzebon, Javier Milei, El, Nayib Bukele, Bolsonaro, Gustavo Petro, Mexico’s Claudia Sheinbaum, Sheinbaum, Del Cueto, Rebecca Noble Organizations: CNN, United, Democratic National Committee, Trump, International Media, AP, RT, Kremlin, White, Israel, White House, America, Iranian, German, NATO, European Union, Getty, Dutch, Democratic, Reuters, South China, Taiwan : Defense, Party, Taiwan, Taiwan Relations, Washington, Congress, Kuomintang, KMT, Economic, of Chicago, Bloomberg News, Army, South, North, Korean, Kenyan, Guinea Alpha Conde, Trump , African Development Bank, Ethiopian, Republican, AIDS Relief, Biden, Conservative, Progressives, US, Mexico “, Border Patrol Council Locations: Russia, East, Europe, China, Taiwan, Korean, Africa, Ukraine, CNN’s, London, Moscow, Russian, Kyiv, American, , Jerusalem, Israel, America, Gaza, Lebanon, Iran, Tehran, Hamas, Germany, Soviet, United States, United Kingdom, The Hague, Netherlands, Remko de Waal, Trump, Beijing, , Shanghai, South, Taipei, Asia, Seoul, South Korea, Korea, North Korea, Japan, Tokyo, Washington, Pyongyang, Accra, Ghana, Tanzania, Zambia, Guinea, Trump ,, Nigeria, AFP, Angola, Bogotá, Colombia, Mexico, Venezuela, Nicaragua
For retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump's tariffs proposal introduces fresh uncertainty around how prices could change during his presidency, analysts said Wednesday. Companies, retail trade groups and industry analysts have warned the move could fuel higher prices on a wide range of Americans' purchases such as sneakers and party supplies. "The adoption of across-the-board tariffs on consumer goods and other non-strategic imports amounts to a tax on American families," National Retail Federation CEO Matthew Shay said in a statement Wednesday. "Despite Trump's assertions to the contrary, tariffs are paid by the companies or entities importing goods and not by the countries themselves. Over time, supply chains would adjust to this change in tariff policy but it would be "incredibly disruptive" in the short term, said Saunders.
Persons: Donald, Trump, Matthew Shay, GlobalData, Neil Saunders, Saunders Organizations: NBC, China . Companies, Retail Federation Locations: China
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