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Trump and Musk break up, a tariff truce teeters, and Disney layoffs: Business news roundup
The dissolution of the partnership between a prominent political figure and a leading technology CEO, coupled with fluctuating trade negotiations and major corporate workforce redu...
Read Full Article →Construction on an EV battery plant was halted because of tariff fears
Envision AESC has temporarily stopped work on its electric-vehicle battery facility in South Carolina after investing $1 billion, due to concerns about changing trade policies and...
Read Full Article →Lululemon delivers a solid quarter — and the stock still sinks 20% on tariff fears
Lululemon reported strong quarterly results, yet concerns over tariffs led to a significant drop in its share price, resulting in a substantial decrease in the company’s overall ma...
Read Full Article →The Trump administration is delaying a 25% tariff on Chinese-made graphics cards
The postponement of the 25% import duty on graphics cards assembled in China temporarily alleviates additional costs for consumers and businesses relying on these components in the...
Read Full Article →The tariff truce is teetering as Trump and China trade fresh threats
The potential breakdown of the agreement between the U.S. and China regarding import duties could lead to increased costs for businesses and disrupt global trade patterns.
Read Full Article →Trump's relationship with Apple is souring
The proposed 25% tariff on imported iPhones could increase production costs for Apple, potentially affecting pricing, sales, and overall revenue within the competitive smartphone m...
Read Full Article →Higher prices, falling incomes: A Fed governor says the tariff pain isn't over yet
Despite the recent trade deal, ongoing tariffs are expected to continue contributing to rising costs, which may further strain household budgets as incomes decline, according to a...
Read Full Article →The U.S. and China make a deal on trade. Here's what analysts are saying
The agreement between the U.S. and China sparked a substantial increase in technology sector share prices, contributing to a broad market rally, though some experts remain skeptica...
Read Full Article →The U.S. and China are finally having trade talks. Here’s what to expect
The upcoming discussions between senior officials from the two largest economies may influence global markets by potentially easing tariffs and improving trade relations, which hav...
Read Full Article →Trump teases a new tariff rate for China
The possibility of implementing an 80% tariff on goods from China could significantly impact trade balances, supply chains, and costs for businesses involved in U.S.-China commerce...
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