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54°
Tuesday, mar 4
Tag:
Auto Parts
Business
Expect To Pay More For These Items As Trump Tariffs Take Effect
US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect as of midnight Tuesday, March 4. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 20 percent. Mexico and Canada account for about 70 percent of US crude oil imports. Earlier Report: Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears Now, many economists are warning that American consumers will be paying more for a host of staple ite…
Business
Advance Auto Parts To Close Over 700 Stores
A nationwide auto parts retailers says it will close over 700 stores as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has about 4,800 total stores, and locations in almost every state, made the announcement on Thursday, Nov. 14. The affected outlets will close by May 2025 and are made up of 523 corporate stores, and 204 independently owned locations. In addition, four distribution centers will also close. Specific locations to be closed have not yet been announced. In announcing the move, President and Chief Executive Officer Shane O’Kelly said…