Finance News – Tariff
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Walmart's 10% employee discount now includes most groceries amid tariff pressures
Walmart has broadened its staff savings to cover nearly all grocery items, aiming to alleviate the impact of increased costs caused by tariffs on both employees and overall expense...
Read Full Article →There’s ‘no evidence’ of tariff inflation, top Trump aide says. Is he right?
According to a recent consumer price report, while a senior Trump economic advisor denies tariff-related inflation, some data suggests tariffs may have had a modest impact on overa...
Read Full Article →Is tariff inflation finally here? Consumer prices might show biggest increase of the year.
Recent data indicates a notable rise in consumer costs, reflecting potential economic impacts linked to ongoing trade policies and suggesting that previous forecasts about inflatio...
Read Full Article →Are you getting a $600 tariff rebate check? What to know as Trump, senator float the idea.
Lawmakers are considering proposals that could provide consumers with direct payments aimed at offsetting recent tariff-related expenses, potentially impacting household budgets an...
Read Full Article →Apple’s stock gains as new announcement with Trump could help its tariff problem
Investors responded positively to Apple's recent commitments to expand manufacturing efforts, anticipating that these actions may lead to reduced tariff expenses and potentially im...
Read Full Article →Swiss investors return from a holiday to face the Trump tariff music.
Swiss financial markets experienced declines as investors resumed trading, responding to the impact of a newly imposed 39% tariff on American goods affecting import dynamics.
Read Full Article →Ford warns its tariff hit will grow to $2 billion, offers downbeat guidance
Ford Motor Co. informed investors that increased import duties are expected to result in a substantial financial impact, prompting the company to reaffirm its cautious projections...
Read Full Article →Federal Reserve Holds Key Interest Rate Steady as Central Bankers Weigh Tariff Effects
The decision to maintain the benchmark interest rate reflects ongoing considerations about how trade policies may impact economic growth and inflation trends in the United States.
Read Full Article →Bessent says 'not to panic' over tariff rate surges on Aug. 1
The upcoming increase in tariff rates on August 1 is expected to impact trade costs and market stability, prompting concerns among investors and businesses despite official attempt...
Read Full Article →Trump announces 25% tariff on India plus 'penalty' for trade with Russia
The newly introduced 25% tariff on imports from India represents a slight decrease from the previous rate, potentially impacting trade dynamics and economic relations between the c...
Read Full Article →5 foods that could get a lot more expensive very soon
The upcoming August 1 tariff deadline may lead to substantial increases in the cost of several essential grocery items, impacting household budgets and overall food expenses.
Read Full Article →Trump threatens a 25% tariff on India and digs in on Aug. 1 deadline for new deals
The proposed 25% tariff on India could impact trade relations and economic exchange, reflecting ongoing negotiations and tensions regarding fair treatment and partnership between t...
Read Full Article →Wells Fargo joins Wall Street chorus in lifting S&P 500’s annual target
Wells Fargo raised its forecast for the S&P 500, highlighting the impact of postponed tariffs and robust company profits on market expectations for the year ahead.
Read Full Article →Tariff Stimulus Checks Coming? New Proposal Seeks Tax Rebates for U.S. Workers
A recently introduced bill aims to provide $600 tax rebates to qualifying workers as compensation for tariff-related expenses, potentially impacting government spending and househo...
Read Full Article →Trump imposes 25% tariff on India plus ‘penalty’ over ties to Russia
The new US duties on Indian imports, combined with additional charges related to its transactions with Russia, could significantly affect trade volumes and economic relations betwe...
Read Full Article →Mercedes sees profits slump by more than half amid US tariff turmoil
Mercedes-Benz projects substantially lower earnings and revenue for the current year, reflecting the impact of ongoing tariff challenges affecting its financial performance in the...
Read Full Article →Trump Threatens India With 25% Tariff, Plus 'Penalty' on Aug. 1
The potential introduction of increased tariffs and additional fees by the United States could impact trade dynamics and economic relations between the two countries starting in ea...
Read Full Article →Posthaste: Canadian businesses cautiously optimistic as they absorb tariff challenges
Approximately 70 percent of Canadian companies have fully borne additional import expenses, resulting in an average financial impact of about $9,000 per business, reflecting their...
Read Full Article →Aston Martin reveals plan to beat US tariff hit as profits sink
Aston Martin Lagonda intends to advance its manufacturing schedule early next year in an effort to minimize the negative impact of US import duties on its declining earnings.
Read Full Article →Stellantis vows to reconnect with customers as it flags $2.4B Cdn tariff hit for 2025
Stellantis faces a substantial $2.4 billion Canadian tariff impact next year, prompting leadership to focus on improving customer relationships and revitalizing its performance in...
Read Full Article →Stellantis warns of $1.7 billion tariff headwinds in latest 2025 guidance
Stellantis anticipates significant costs from increased tariffs impacting its 2025 outlook, contributing to a substantial decline in profitability compared to the previous year's f...
Read Full Article →Whirlpool shares hit their lowest level in more than six weeks as tariff pressure builds
The company's stock declined significantly due to increasing concerns over trade tariffs, reflecting investor apprehension about potential impacts on its profitability and overall...
Read Full Article →Senate introduces bill for tariff rebate checks after Trump suggestion
The proposed legislation aims to provide financial relief to households by issuing payments intended to offset the economic impact of tariffs, reflecting growing discussions on tra...
Read Full Article →US and China poised to extend tariff truce after failing to find resolution at talks
Negotiations between the United States and China concluded without resolving key trade disagreements, resulting in an agreement to delay tariff increases pending formal approval fr...
Read Full Article →Dow Jones down on weak earnings, Trump’s DOJ threatens tariff evaders
Investor confidence weakened due to disappointing corporate profit reports, while potential legal actions against tariff violators added uncertainty, contributing to a decline in m...
Read Full Article →What's Next For Trade As Tariff Deadline Approaches
The impending deadline for tariff adjustments could influence import and export costs, potentially affecting market prices and trade balances in various industries worldwide.
Read Full Article →Bitcoin price today: rangebound near $119k ahead of Fed meet, tariff deadline
Bitcoin's value remains relatively stable around $119,000 as investors anticipate potential market impacts from the upcoming Federal Reserve meeting and the approaching tariff dead...
Read Full Article →Jeep Maker Stellantis Reinstates Outlook, Sees $1.73B Tariff Impact
Stellantis updated its forecast to reflect the anticipated financial effect of tariffs, estimating that related costs will reduce earnings by approximately $1.73 billion during the...
Read Full Article →AstraZeneca reports higher sales on record US growth
AstraZeneca's revenue increased due to strong performance in the US market, coinciding with the company's announcement of a $50 billion investment to address potential challenges f...
Read Full Article →Live: Australia responds to Trump's latest tariff threat
Australia’s response to the potential increase in US tariffs highlights ongoing trade tensions that could impact bilateral economic relations and influence market stability between...
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