March 6, 2025 - 10:02

Phoenix businesses are grappling with the repercussions of escalating trade tensions, particularly as U.S. tariffs on imports have resulted in significant price increases. Local produce suppliers and retailers are feeling the strain as the cost of imported goods rises, leading to higher prices for consumers.
Many businesses in the Phoenix area rely on imported fruits and vegetables, and the additional tariffs have forced them to reassess their pricing strategies. Some suppliers have reported that they are absorbing costs for now, hoping to maintain customer loyalty, but this approach may not be sustainable in the long run.
As prices climb, consumers may have to adjust their shopping habits, potentially turning to locally sourced produce to avoid inflated costs. The ripple effects of these tariffs are not only affecting the bottom line for businesses but also the choices available to consumers in the region. The ongoing situation underscores the interconnectedness of global trade and local economies.
February 21, 2026 - 03:39
Supreme Court Justices Affirm Legality of Trump-Era TariffsIn a significant legal opinion, three U.S. Supreme Court justices have stated that tariffs imposed during the Trump administration were lawful. Justices Brett Kavanaugh, Samuel Alito, and Clarence...
February 20, 2026 - 02:56
Calpine Business UnitA major consolidation within the Calpine Corporation is set to reshape the American power landscape. The company has announced the merger of its primary business units, a strategic move designed to...
February 19, 2026 - 21:58
High-income shoppers boost Walmart's e-commerce businessWalmart is successfully attracting a new wave of customers: high-income households. The retail giant reports a significant and steady gain in market share from shoppers earning over $100,000...
February 19, 2026 - 03:17
San Francisco announces $6.3 million in grants for small businessesIn a significant move to fortify its local economy, San Francisco has unveiled a substantial $6.3 million grant program aimed directly at supporting its small business community. The initiative,...