In today's big story, Trump's trade plans could spell trouble for prices, and preparing for it isn't so easy .
AdvertisementThe prevailing theory among many economists is Trump's plan will increase prices and inflation as companies pass the cost of the taxes down to their customers.
He told BI he views them more as a negotiation tactic with China and American companies with operations there.
Still, some experts told BI they foresee obstacles to making it a reality .
Sector experts told BI the massive chipmaker will continue to make its most advanced tech in Taiwan .
Persons:
Drew Angerer, Tyler Le, Donald Trump's, Emily Stewart, We're, Philip Daniele didn't sugarcoat, John David Rainey, There's, Dominick Reuter, Emily, Trump, Nobel, Simon Johnson, Brian Cornell, Natalie Ammari Baby boomers, Scott Bessent, George Soros, Bluesky, Rose Wang, It's, Chelsea Jia Feng, Taylor Swift, they'll, crosshairs, Elon Musk, Vivek Ramaswamy's, Biden, Alex Jones, Menendez, Dan DeFrancesco, Grace Lett, Lisa Ryan, Ella Hopkins, Amanda Yen, Jack Sommers, Milan Sehmbi
Organizations:
Business, Getty, Walmart, Electronics, Target, Social Security, Treasury, Trump, Nvidia, White, Los
Locations:
China, Phoenix, Taiwan, Florida, Washington, Los Angeles, New York, Chicago, London