Finance News – Tariff
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Used vehicle prices ease from tariff fear-buying highs but remain elevated
Following a surge driven by concerns over potential tariff increases, used car prices decreased slightly last month but stayed relatively high compared to earlier periods.
Read Full Article →DKNY Owner G-III Warns of Tariff Impact on Profit, Withdraws Outlook
G-III Apparel Group indicated that increased tariffs could negatively affect their earnings and, as a result, they have decided to retract their previous financial projections for...
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 →Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Brown-Forman faces financial challenges as stagnant whiskey sales combined with decreases in tequila and ready-to-drink product lines contribute to market concerns amid ongoing tra...
Read Full Article →Trump and China's Xi have 'very good' phone call and agree to more talks amid trade war
The recent positive communication between the two leaders suggests potential progress in addressing trade tensions, which could influence global market stability and affect tariffs...
Read Full Article →Fears Tata Steel could be excluded from Starmer’s Trump tariff deal
UK officials are attempting to protect Tata Steel from heavy tariffs in an upcoming trade agreement, aiming to maintain the company's competitive position and financial stability i...
Read Full Article →Bitcoin Dips But XRP and Dogecoin Fall Further Amid Tariff, Economic Uncertainty
Cryptocurrency markets experienced declines, with Bitcoin slipping slightly while other digital assets faced larger losses due to concerns over trade tariffs and overall economic i...
Read Full Article →Fed: The Economy Is Slowing As 'Companies Can’t Figure Out the Rules of This Tariff Game'
The recent economic slowdown highlights challenges businesses face in adapting to changing trade policies, which is affecting investment decisions and overall financial market stab...
Read Full Article →Stocks Get Another Upgrade on Wall Street as Tariff Fears Fade
Investor confidence improved as concerns about trade restrictions diminished, leading to a positive reassessment of equity values and potential gains in the financial markets.
Read Full Article →Americans Are Vacationing This Summer, But Tariff Worries Mean They’re Cutting Costs
Many travelers in the United States are planning summer getaways while adjusting their spending habits due to concerns over import taxes potentially impacting overall expenses.
Read Full Article →Volvo Cars sales plunge 12% in May as tariff challenges continue
Volvo Cars experienced a notable decline in May sales, reflecting ongoing tariff pressures and increased production expenses that have led many European automakers to reduce costs...
Read Full Article →Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research
The anticipated slowdown in smartphone shipments for Apple and Samsung, influenced by ongoing tariff uncertainties, could impact overall market revenue and investor expectations in...
Read Full Article →Trump says China’s Xi is ‘extremely hard' to make a deal with
Ongoing difficulties in reaching agreements between the two nations contribute to market uncertainty, potentially affecting trade flows and investment decisions on a global scale.
Read Full Article →Simon Jack: Tariff relief for UK but new clock ticking on US deal
The potential expiration of the UK-US agreement by early July could lead to a significant increase in steel tariffs, affecting trade costs and financial planning for related indust...
Read Full Article →With tariff uncertainty dragging on real estate, here’s what advisors are telling potential homebuye...
Financial advisors indicate that ongoing uncertainty about trade policies is contributing to increased hesitation and anxiety among prospective homebuyers, potentially impacting th...
Read Full Article →Litecoin Breaks $90 Barrier as Traders Watch for Sustained Momentum
Litecoin's recent price increase reflects broader economic factors, including U.S. trade developments and easing eurozone inflation, which together influence investor sentiment and...
Read Full Article →Dollar General is shaking off tariff fears and winning over higher-income consumers
Dollar General's ability to appeal to a broader, more affluent customer base may enhance its revenue growth potential despite concerns about increased trade costs affecting profit...
Read Full Article →‘Trump always chickens out’ tariff narrative and ‘big beautiful bill’ set stage for tumultuous June,...
K33’s recent fundraising of $6.2 million to initiate a bitcoin treasury strategy, including a $1 million purchase of 10 BTC, highlights a significant investment move amid uncertain...
Read Full Article →Tariff uncertainty has some companies pulling guidance. Here’s how money managers are coping
Due to unclear trade policies, several Canadian businesses are struggling to provide financial forecasts, prompting investors and fund managers to adjust their strategies to manage...
Read Full Article →In China, 'The Great American' burger is now made with Australian beef
The shift to Australian beef for a popular burger in China highlights ongoing trade tensions, which may impact tariffs and market access following recent disputes between the U.S....
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 →EU trade chief to meet US counterpart in Paris amid increased tariff tensions
The meeting between the EU and US trade officials in Paris aims to address ongoing tariff disputes, which could impact international trade flows and economic relations between the...
Read Full Article →GM, Ford Stocks Among Biggest S&P 500 Decliners on Trump's Steel Tariff Comments
Shares of major automobile manufacturers experienced notable decreases following remarks about steel tariffs, reflecting investor concerns over potential cost increases and supply...
Read Full Article →Canadian dollar pushes through 73 cents U.S. on more tariff turmoil and possible Bank of Canada hold
The Canadian dollar’s rise reflects market reactions to ongoing tariff uncertainties and expectations that the Bank of Canada may maintain interest rates, influencing investor conf...
Read Full Article →It’s Wedding Season—and Tariff Season. That’s Lifting the Prices of Brides' Dresses
The combination of increased demand during the wedding period and rising import tariffs is contributing to higher costs for bridal attire in the current market.
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 →UNI Battles $6 Support as Tariff Fears and Rate Jitters Rattle Crypto Sentiment
Uniswap's UNI token demonstrates resilience by stabilizing around key price levels amid increasing concerns about trade policies and interest rate fluctuations impacting the broade...
Read Full Article →DOGE, XRP, SOL Show Price Bottoming as Bitcoin Traders Remain Optimistic
Despite recent market fluctuations and concerns over tariffs, investors continue to maintain a positive outlook, signaling potential stabilization and renewed interest in several p...
Read Full Article →Live: Wall St ends flat after volatile session, ASX set for slight gain
Despite fluctuating trade tensions causing market instability, major U.S. stock indices finished unchanged while the Australian Securities Exchange is anticipated to open with a mo...
Read Full Article →Stock market’s haul in May comes as tariff turmoil and job angst lurk on the horizon
Despite underlying concerns about trade tensions and employment uncertainty, the S&P 500 achieved substantial gains in May, approaching its previous record levels and signaling str...
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