Finance News – U.S.
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Here's how tariffs could affect the price of goods like shoes and sweaters
A recent analysis indicates that implementing tariffs on imports from Vietnam may lead to increased costs for consumer products such as footwear and clothing, impacting overall ret...
Read Full Article →U.S. trade deficit in goods plummets in April, pointing to stronger second-quarter GDP
The substantial decline in imports during April contributed to a narrower trade gap, which may positively influence the overall economic growth for the United States in the upcomin...
Read Full Article →Kohl’s plays down tariff worries, but sees consumers trading down to cheaper goods
Kohl’s exceeded sales forecasts for the first time in over three years and maintained its financial guidance, indicating resilience despite concerns about consumer shifts toward lo...
Read Full Article →Armenian organized crime rings charged with stealing $83 million in Amazon cargo
A criminal network in Armenia reportedly impersonated delivery personnel to intercept valuable shipments intended for fulfillment centers, resulting in substantial financial losses...
Read Full Article →U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
The temporary reduction of tariffs between the U.S. and China is likely to boost bilateral trade by lowering costs and encouraging the exchange of goods for the next three months.
Read Full Article →White House announces U.S.-China trade deal, offers few details
The recent agreement between the two countries aims to alleviate ongoing trade tensions that have significantly impacted tariffs, potentially influencing import costs and economic...
Read Full Article →Lutnick says 10% baseline tariff will stick around for "foreseeable future"
The recently finalized trade deal between the United States and the United Kingdom preserves a 10% tariff on the majority of imported products, impacting cross-border commerce and...
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