U.S. Consumer Confidence Improves
June 25, 2025
Consumer confidence showed signs of life in May amid continuing overall economic uncertainty
Consumer confidence showed signs of life in May amid continuing overall economic uncertainty
Consumer prices rose 2.4% for the 12-month period, with a lower-than-expected month-over-month increase.
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
Facing the risk of higher unemployment and inflation amid tariff turmoil, the benchmark rate is unchanged.
NMMA’s Robyn Boerstling spoke with Trade Only Today about how the organization is fighting for the industry in the ever-changing tariff environment.
Highfield USA president Christophe Lavigne discussed with Trade Only Today how tariffs on Chinese materials are affecting his RIB business.
The White House overnight announced new tariffs on some Chinese products, including 173% on lithium-ion batteries.
In an interview with Trade Only Today, Imtra’s Eric Braitmayer discusses how tariffs are affecting the business, which relies on imported products and components.
NMMA said a temporary pause may give relief to marine manufacturers, and that they should review their supply chains.
Though tariffs on certain tech products imported from China are paused, the conflict continues to affect the marine industry.
Consumer confidence showed signs of life in May amid continuing overall economic uncertainty
Consumer prices rose 2.4% for the 12-month period, with a lower-than-expected month-over-month increase.
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
Facing the risk of higher unemployment and inflation amid tariff turmoil, the benchmark rate is unchanged.
NMMA’s Robyn Boerstling spoke with Trade Only Today about how the organization is fighting for the industry in the ever-changing tariff environment.
Highfield USA president Christophe Lavigne discussed with Trade Only Today how tariffs on Chinese materials are affecting his RIB business.
The White House overnight announced new tariffs on some Chinese products, including 173% on lithium-ion batteries.
In an interview with Trade Only Today, Imtra’s Eric Braitmayer discusses how tariffs are affecting the business, which relies on imported products and components.
NMMA said a temporary pause may give relief to marine manufacturers, and that they should review their supply chains.
Though tariffs on certain tech products imported from China are paused, the conflict continues to affect the marine industry.
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