Farley said the tariffs would be a boon to South Korean, Japanese and European companies that are bringing 1.5 million to 2 million vehicles into the U.S.
JCPenney will be closing one store in each of eight states, spanning California, Colorado, Idaho, Kansas, Maryland, North Carolina, New Hampshire and West Virginia.
Global cocoa production fell by 14% in the 2023-24 season, as output slowed in both Côte d’Ivoire and Ghana, where at least 60% of the world's cocoa is produced.