Tag: tariffs and trade

Given the destiny-determining questions that are plaguing the U.S. economy, United Airlines is planning for multiple operating environments, the company ...

U.S. economy to lose billions as foreign tourists stay away

Empty space on shelves where American-made wine had been at the Societe Des Alcools Du Quebec (SAQ) store in Montreal, ...

Trump tariffs could prove nearly as harmful to U.S. auto market as Lehman collapse and COVID outbreak, warn S&P forecasters

S&P Global Mobility cut 700,000 cars from its annual U.S. sales estimate as a result of President Donald Trump's tariffs ...

CEO at $40 billion contractor raked in millions last year—plus perks like private jet trips and social club fees

Houston-based contractor Quanta Services reported close to $24 billion in revenues in 2024; its shares are currently trading at $274. ...

Hermès leapfrogs LVMH to become Europe’s most valuable luxury company after the Louis Vuitton owner reported downbeat results

Hermès overtook rival luxury purveyor LVMH after the Bernard Arnault-run company reported a lackluster start to 2025 with a drop ...

Trump might pump the brakes on auto tariffs — ‘I don’t change my mind but I’m flexible,’ president says

President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, ...

‘So wrong’ stock forecasters struggle to see through trade chaos

Wall Street’s leading prognosticators have been humbled this year, with so many proven wrong about the damage President Donald Trump’s ...

The CEO of one of Thailand’s leading manufacturers says his customers are rushing to stock up during Trump’s tariff pause

Thailand, along with the rest of Southeast Asia, got some temporary relief when the U.S. President Donald Trump chose to ...

China’s exports jumped 12.4% in March as companies rushed to get stuff into the U.S. ahead of Trump’s tariffs

China's exports jumped 12.4% in March from a year earlier in a last-minute flurry of activity as companies rushed to ...

These market veterans still think America is the best place to put your money — ‘Tech Trumps Tariffs even if Mickey Mouse or a clown were to run the US!’

President Donald Trump's aggressive tariff campaign is creating doubts about the attractiveness and safety of US assets. But there are ...

Trump says he will look at ‘whole electronic supply chain’

President Donald Trump pledged he will still apply tariffs to phones, computers and popular consumer electronics, downplaying a weekend exemption ...

Commerce Secretary Howard Lutnick says tariff exemptions on electronic devices are temporary and new duties will come in ‘a month or two’

Secretary of Commerce Howard Lutnick said the tariff relief on electronic devices is only temporary and new tariffs on tech ...

To slow China’s tech advances, Trump should keep its factories addicted to cheap exports via low tariffs, economist says

President Donald Trump's approach to US-China trade has been to impose prohibitively high tariffs. While he just gave key tech ...

Kashkari says all the Fed can do is keep inflation anchored

Federal Reserve Bank of Minneapolis President Neel Kashkari signaled confidence that markets will remain orderly as investors sort through President ...

A Palisades resident purchased a million-dollar burned lot for his daughter while he rebuilds too

Trump carves out massive exemptions from reciprocal tariffs, including smartphones, chips and computers

In a notice published late Friday night, US Customs and Border Protection issued new guidance on President Donald Trump's so-called ...

Germany’s Merz says Trump tariffs risk fanning a financial crisis

German Chancellor-in-waiting Friedrich Merz said Donald Trump’s tariff policies increase the risk of a financial crisis and advocated for a ...

Trump’s ‘punitive’ China tariffs could end trade between the world’s two largest economies—and that would be painful, volatile, and dangerous

Trade between the world’s two largest economies—a link that defined the world economy for two decades—is on life support. U.S. ...

China’s EV giants shift gears toward the U.K. as tariff troubles mount in the U.S. and Europe