Tariffs - McGraw-Hill Introduction to Business

New Tariffs Make Baby Products More Expensive

April 30, 2025

When Rayne Heath, a tech worker in Ohio, started shopping for a stroller, she planned to wait until after her baby shower. But after hearing about new tariffs on Chinese imports, she rushed to buy a $1,200 Nuna stroller before the price jumped by nearly $200. Heath’s story is increasingly common among expectant parents. Essential baby gear like strollers, car seats, and cribs—already costly—are becoming even more expensive due to new tariffs as high as 145% on products from China. Continue reading →

Operations Management, Global, Ethics, Entrepreneurship, Manufacturing, Product Development, Supply chains, Product Distribution, Tariffs, Supply & Demand

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 14: Product and Price, Chapter 15: Distribution

Walmart Pushes Membership to Attract Recurring Customers

April 23, 2025

NickelsMcHughMcHugh

For Walmart, rising tariffs and worries about a possible recession are major concerns. Those economic pressures could make it harder for the company to keep prices low, which is a big part of why shoppers choose Walmart in the first place. One thing that’s helping the company is its membership program, Walmart+. Members made up nearly half of all online spending on Walmart’s website and app last year. These customers shop more often and spend more money than those without Continue reading →

Inflation, Marketing, Product Development, Promotions, Retail, Pricing, Product Distribution, Tariffs, Supply & Demand, Retail memberships

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion

[VIDEO] Six Big Changes NAFTA’s Replacement, the USMCA, Makes

October 12, 2018

NickelsMcHughMcHugh

Last week representatives from the U.S., Mexico, and Canada reached an agreement to update NAFTA, the international trade deal that went into effect in 1994. Now known as the USMCA, this video looks at how the new deal could affect various industries throughout North America. Click here to watch it.

Questions:

Which industries will be most affected by the USMCA?
What is the purpose of international trade deals like NAFTA or the USMCA?

Photo by Nicoguaro.

Free Trade, Tariffs, USMCA, NAFTA, Operations Management, Global, Regulation

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 9: Production and Operations Management, Bonus Chapter A: Business Law, Videos

[VIDEO] Trade Wars, Explained

June 7, 2018

NickelsMcHughMcHugh

Lately the news has been full of headlines about the U.S. potentially imposing tariffs on goods from countries like China. These articles are typically followed by stories saying that other nations could place their own tariffs on American goods, thus potentially setting the stage for a “trade war.” This video explains exactly what happens during a trade war and how they can affect economies around the world.

What are some reasons why a country would want to impose a Continue reading →

Ethics, Trade War, Global, China, Product Distribution, Tariffs, Imports

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 15: Distribution, Bonus Chapter A: Business Law, Videos