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Tundras and Sequoias are both built at the San Antonio's Toyota Motor Texas Manufacturing plant.
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Court rulings against President Trump's tariffs could spell relief for many American importers — if the decisions hold. For now, the uncertainty remains.
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Financial markets welcomed a U.S. court ruling that blocks President Trump from imposing sweeping tariffs on imports under an emergency-powers law.
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While Big Pharma seems ready to weather the tariff storm, independent pharmacists and makers of generic drugs — which account for 90% of U.S. prescriptions — see trouble ahead for patients.
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Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.
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Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.
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Stocks rallied after the U.S. and China said they would slash tariffs on each other's imports for 90 days.
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U.S. employers added 177,000 jobs in April — a modest slowdown from the previous month, while the unemployment rate held steady at 4.2%.
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Shein and Temu goods might not be so cheap anymore. Starting today, the U.S. will start collecting import fees on small packages from China, much of which comes from Chinese e-commerce sites.
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In an hour-long special, Texas Standard and The California Newsroom team up to examine how the Trump administration is changing life in two of the nation's largest states.