Finance News – Tariffs
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UK economic growth confirmed at 0.7% in first quarter; Lincolnshire oil refinery calls in administra...
The confirmation of steady economic expansion alongside improvements in mortgage approvals suggests growing consumer confidence, which may support housing market activity and signa...
Read Full Article →Tariffs, not Iran, will define Trump’s presidency
Throughout Trump’s term, trade policies and tariffs are expected to have a more direct impact on economic outcomes and business profitability than geopolitical issues like Iran, ac...
Read Full Article →UK autos spared under U.S. tariff cut but steel still in question
The recent agreement with the United States alleviates some costs for British automobile exports, although uncertainty remains regarding potential tariffs on steel imports.
Read Full Article →Canada drops tech tax to restart US trade talks
Canada's decision to pause the new levy targeting technology companies aims to prevent potential tariffs from the United States, impacting cross-border trade and economic relations...
Read Full Article →China's manufacturing activity contracts for a third month amid deflation woes
The ongoing decline in China's manufacturing sector, influenced by intensified price competition and increased tariff pressures, could have notable implications for global trade ba...
Read Full Article →Trump flirts with unilaterally imposing tariffs on trading partners ahead of July 9 deadline
The potential introduction of tariffs by the administration could impact international trade relations and market stability, as efforts to reach agreements remain ongoing before th...
Read Full Article →Despite tariffs, taxes and global turmoil, you shouldn’t stop investing in the U.S.
Maintaining a consistent investment strategy in the U.S. market can lead to potential growth, as markets typically recover from economic challenges and continue to evolve over exte...
Read Full Article →The Guardian view on Donald Trump’s China deal: rare earths pave the green road to militarisation |...
The renewed trade agreement restoring essential mineral supplies from China to the US highlights the economic importance of these resources for both green technologies and national...
Read Full Article →Here are the 2 big things we're watching in the stock market in the week ahead
Investors are closely monitoring upcoming employment reports and governmental decisions on trade policies and taxation, which could significantly influence market trends and econom...
Read Full Article →Lotus reassures business secretary it has no plans to shut Norfolk factory
The decision to maintain manufacturing at the Norfolk facility supports local employment and could influence Lotus’s cost structure and market access amid changing international tr...
Read Full Article →Trump abruptly ends trade talks with Canada over tax on U.S. tech
The sudden halt in negotiations and potential additional tariffs could disrupt cross-border commerce and affect economic stability between the United States and Canada.
Read Full Article →'We have all the cards' - Trump says he is ending Canada trade talks
The termination of negotiations by the US disrupts efforts to finalize a trade agreement, potentially exposing Canadian exports to increased tariffs and impacting cross-border econ...
Read Full Article →Trump ceasing all trade talks with Canada 'effective immediately,' warns he will impose tariff rate
The decision to halt negotiations with Canada immediately is expected to impact cross-border trade and may lead to the introduction of tariffs, affecting industries such as agricul...
Read Full Article →Deep inside U.S. economy, more sticker prices start going up due to tariffs, and inventory is headed...
Rising import duties are contributing to increased costs within American supply chains, leading businesses to raise prices while simultaneously experiencing a decline in stored goo...
Read Full Article →'Revenge saving' picks up as consumers brace for economic uncertainty
Consumers are increasingly setting aside money due to concerns about inflation, job stability, and market fluctuations, which is impacting overall spending patterns and influencing...
Read Full Article →Car production craters to historic lows in the U.K. as tariffs take a toll
The sustained decline in vehicle manufacturing has led to reduced export revenues, significantly impacting the automotive sector's contribution to the U.K.'s overall economic perfo...
Read Full Article →Nike expects US tariffs to cost it $1bn and warns of falling sales
Nike anticipates a substantial financial impact from import duties, contributing to declining revenue and profits, though its current quarter outlook provided some optimism that bo...
Read Full Article →Nike shares rally as turnaround takes shape amid tariff woes
Investors responded positively to Nike's optimistic outlook and strategic shift to lower manufacturing in China for American markets, reflecting potential improvements in the compa...
Read Full Article →Trump tariffs will cost us $1bn, says Nike
Nike has informed investors that maintaining current tariff levels imposed by the US government could increase the company’s expenses by approximately $1 billion during this fiscal...
Read Full Article →Veteran strategist says a recession is coming that will hit ‘cup entirely full’ stock market
An experienced market analyst warns that an anticipated economic downturn could significantly impact the currently optimistic stock market, where investors have largely dismissed c...
Read Full Article →UK car production plunges to 76-year low for May
The sharp decline in UK automobile manufacturing during May reflects challenges in international trade, notably reduced shipments to the US following tariff changes that have impac...
Read Full Article →UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard
The sharp decline in vehicle manufacturing reflects challenges from tariff effects, ongoing adjustments in production models, and industry restructuring, resulting in a significant...
Read Full Article →Tariffs: France and Germany pursue different tacks towards US deal
France and Germany’s contrasting approaches to trade negotiations with the US could impact the potential for eliminating tariffs, affecting economic relations and market access bet...
Read Full Article →Nike says Trump tariffs could raise its costs by $1bn
Nike anticipates that increased expenses resulting from new US trade restrictions may significantly affect its finances, prompting the company to reduce manufacturing dependence on...
Read Full Article →Nike Expects To Take $1B Hit From Trump's Tariffs, CFO Says
Nike's chief financial officer indicated that the company anticipates a substantial negative impact on its earnings approaching one billion dollars due to recently implemented trad...
Read Full Article →UK vehicle production hits 76-year low in May as Trump tariffs bite
The sharp decline in UK vehicle manufacturing during May reflects the economic impact of new trade barriers, significantly affecting major automakers’ ability to access the America...
Read Full Article →Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike anticipates a substantial financial impact from tariffs this quarter, which may challenge ongoing recovery strategies and raise concerns about potential declines in revenue an...
Read Full Article →What’s up with inflation? PCE likely to show a small rise in prices despite tariffs.
Despite ongoing tariff impacts, the upcoming PCE data is anticipated to reflect only a modest increase in consumer prices, suggesting limited immediate effects on inflationary tren...
Read Full Article →US goods exports tumble by most since 2020 as Trump’s tariffs disrupt trade
The recent sharp decline in American product shipments highlights the ongoing impact of tariffs introduced under the previous administration, significantly affecting international...
Read Full Article →Clothing prices rising in US as Trump tariffs kick in, H&M boss says
Earlier modifications to trade policies have led to increased costs for importers, prompting some major apparel companies in the US to adjust their pricing strategies accordingly.
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