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Extracted Claims (29746)

Working off the assumption that tariffs for Vietnam and India would settle around 10 percent, and China around 37.5 percent, Mr. Barr increased retail prices for his company’s summer 2026 line by abou... 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Mr Barr increased KAVU's summer 2026 retail prices by 15 to 30 percent based on tariff assumptions.

1 sources

3 days ago
Under the new pricing, the retail cost of a pullover made in China would rise to $120 from $90. 1.000

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: New pricing would raise a China-made pullover's retail cost to $120 from $90.

1 sources

3 days ago
Some of KAVU’s products are manufactured in India, which is now facing 50 percent tariffs. 1.000

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: Some KAVU products are manufactured in India which faces 50 percent tariffs.

1 sources

3 days ago
The company also exports its goods to 26 countries. 1.000

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: KAVU exports its goods to 26 countries.

1 sources

3 days ago
KAVU products are sold in about 2,000 U.S. retail locations. 1.000

👤 The author 📋 News Article 🏷️ Business

Simplified: KAVU products are sold in about 2000 US retail locations.

1 sources

3 days ago
But the persistently high tariff rates compelled him to increase prices for next year. 0.900

👤 The author 📋 News Article 🏷️ Economics , Trade

Simplified: High tariff rates compelled Mr Barr to increase prices for next year.

1 sources

3 days ago
He chose not to raise prices on items in KAVU’s fall lineup, even though the items were subject to some tariffs when they arrived in the United States this summer. 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Mr Barr chose not to raise prices on KAVU's fall lineup items this summer despite tariffs.

1 sources

3 days ago
He was also concerned that the tariffs would make buying fabric and other raw materials from abroad too costly. 0.900

👤 The author 📋 News Article 🏷️ Trade , Economics

Simplified: Tariffs would make buying fabric raw materials from abroad too costly.

1 sources

3 days ago
His foreign suppliers lowered their prices slightly to account for the cost of the tariffs, which helped somewhat. 0.900

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: Foreign suppliers lowered prices slightly to account for tariffs.

1 sources

3 days ago
Mr. Barr weighed manufacturing some items in a factory his company works with in Seattle but decided against it, in part because it would be too expensive and impractical to import the sewing machines... 0.900

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: Barry Barr decided against manufacturing in Seattle due to expense impracticality.

1 sources

3 days ago
“It’s bigger than any tax bill I’ve had to pay.” 0.900

👤 Barry Barr 📋 News Article 🏷️ Trade , Finance

Simplified: Tariffs are bigger than any tax bill Barry Barr has had to pay.

1 sources

3 days ago
At first, Mr. Barr chose to swallow Mr. Trump’s baseline 10 percent tariff, as well as tariffs against China that had already kicked in. 0.900

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: Barry Barr chose to swallow Trump's 10 percent tariff tariffs against China.

1 sources

3 days ago
“There’s absolutely no way I can make a profit this year absorbing all these tariffs,” Mr. Barr said. 0.900

👤 Barry Barr 📋 News Article 🏷️ Business , Trade

Simplified: Barry Barr cannot make a profit this year absorbing tariffs.

1 sources

3 days ago
But the extra tariffs that Mr. Trump revealed in April, which included since-modified duties of 46 percent on Vietnam and 26 percent on India, were much more onerous. 0.900

👤 The author 📋 News Article 🏷️ Trade , Politics

Simplified: Trump's April tariffs including 46 percent on Vietnam 26 percent on India were more onerous.

1 sources

3 days ago
Mr. Barr has long paid some levies on products. 0.900

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: Barry Barr has long paid some levies on products.

1 sources

3 days ago
Mr. Barr, who started KAVU in 1993, recounted how his business had contended with mounting pressure because of Mr. Trump’s tariff policy. 0.900

👤 The author 📋 News Article 🏷️ Business , Trade

Simplified: Barry Barr recounted his business contended with pressure because of Trump's tariff policy.

1 sources

3 days ago
“These tariff shocks are unlike anything that we’ve seen in 100 years, virtually,” Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, said in an interview on CNBC on Wednesday. 0.900

👤 Neel Kashkari 📋 News Article 🏷️ Trade , Economics

Simplified: Tariff shocks are unlike anything seen in 100 years according to Neel Kashkari.

1 sources

3 days ago
Officials at the Federal Reserve are closely watching both inflation and the labor market for signs that the tariffs are affecting the broader economy, even as many forecasters acknowledge that it cou... 0.900

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: Federal Reserve officials are watching inflation labor market for signs tariffs are affecting economy.

1 sources

3 days ago
“As policy is resolved, if tariffs are biting more than firms were expecting, that could be impactful for their hiring decisions,” Ms. Shupert said. 0.800

👤 Courtney Shupert 📋 News Article 🏷️ Trade , Economics

Simplified: Tariffs biting more than expected could impact hiring decisions according to Shupert.

1 sources

3 days ago
Indeed, the latest jobs report from the Labor Department, which was released last week, suggested that businesses might be closer to that tipping point than previously thought. 0.900

👤 The author 📋 News Article 🏷️ Economics , Statistical

Simplified: Latest jobs report suggests businesses might be closer to tipping point.

1 sources

3 days ago