Gamers have filed a class action lawsuit against Sony, claiming the company received a "substantial windfall" as a result of price hikes following the Trump administration's tariff policy. The lawsuit was filed in California earlier this month and is seeking refunds for anyone who bought a PlayStation console during the tariff period that led to elevated price tags.
"Just listen to what the great U.S. President Ronald Reagan, had to say about countries that impose tariffs: 'Markets shrink and collapse, businesses and industries shut down and millions of people lose their jobs.' That's what we risk in the U.S. and Canada if we don't get back to working together."
Cork-based indigenous pharmaceutical manufacturing companies have said that they are now having to establish new plants in the United States in a bid to protect jobs at home, in light of Donald Trump's ongoing aggressive tariff policy.
When tariffs started increasing last year, some of my founder friends were able to source materials from Vietnam or Mexico, but shifting production wasn't a practical option for us.
Our industry thrives in a zero-for-zero tariff environment. While distillers recognize the administration's efforts to address trade imbalances, the provincial bans have been especially damaging.