Finance News – Tariffs
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Eli Lilly CEO says company can help 'respond' to national security concerns around essential drugs a...
The CEO of Eli Lilly indicated that the company is willing to assist in addressing national security issues related to the manufacturing of essential drugs as tariffs become a conc...
Read Full Article →Posthaste: How are those tariffs working out for you so far, Mr. Trump?
Recent insights indicate that the president's trade strategies may not be yielding the desired economic benefits, suggesting potential adverse effects on financial markets and inte...
Read Full Article →GM lowers 2025 guidance, citing up to $5 billion in tariff exposure
General Motors has adjusted its 2025 earnings forecast downward, anticipating a potential financial impact ranging from $4 billion to $5 billion due to tariffs imposed on the autom...
Read Full Article →Trump tariffs cause fastest slump in British factory export orders in five years – business live
The recent decline in British factory export orders highlights significant challenges for manufacturers, driven by rising costs and trade uncertainties, particularly related to US...
Read Full Article →The digital countermove to Trump tariffs
The recent shift in U.S. trade policy amidst Trump's tariffs presents a unique opportunity for businesses to adapt and compete in the evolving global marketplace, potentially resha...
Read Full Article →GM slashes profit outlook, sees tariffs costing up to $5 billion
GM has revised its profit forecast downward, attributing potential losses of up to $5 billion to tariffs, even as recent quarterly earnings surpassed market expectations for both p...
Read Full Article →McDonald’s US sales drop by most since height of pandemic in 2020
The decline in McDonald’s US sales, the steepest since 2020, reflects the impact of Trump’s tariffs on consumer sentiment and overall market performance.
Read Full Article →Trump offers some auto-tariff relief, but not for carmakers’ two biggest concerns
Despite proposing tariff relief measures, the plan fails to address major concerns for automakers, leaving them in a challenging position regarding regulatory and financial uncerta...
Read Full Article →Manufacturing edges towards year of decline amid ‘noticeable impact’ of tariffs
The decline in UK manufacturing output, influenced by tariffs and ongoing economic challenges, is expected to persist, impacting exporters' sales amid sustained inflation and high...
Read Full Article →'Don't shut up': Canadian auto sector's strategy to fight Trump tariffs
Canadian automotive leaders emphasize the importance of vocal advocacy in response to U.S. tariffs, highlighting the potential financial impacts on the industry and the need for co...
Read Full Article →Berkshire outguns market as Buffett reaches 60 years in charge
Berkshire Hathaway's strong financial performance under Buffett's leadership benefits from a significant cash reserve, although potential impacts from Trump's tariffs may pose chal...
Read Full Article →Trump’s tariffs: ‘It feels like Covid 2.0. So many things are getting disrupted’
Local businesses are facing significant challenges due to increased tariffs, leading to sudden price hikes and disruptions in supply chains, reminiscent of the economic uncertainty...
Read Full Article →Lloyds Banking Group profits slip 7% amid Trump tariffs concern
Lloyds Banking Group's pre-tax profits decreased by 7% to £1.52 billion, as the bank allocated more funds to cover potential bad debts amidst rising economic uncertainties related...
Read Full Article →Rolls-Royce eyes nearly £3bn profit despite tariffs
Rolls-Royce expects to achieve an underlying profit of approximately £3 billion in 2025, maintaining its guidance despite concerns over tariff impacts on its financial performance.
Read Full Article →Brexit lessons for Trump’s trade war
The analysis of Brexit's economic impact provides important insights into the potential consequences and reconsiderations for Trump's trade strategies, highlighting the complexitie...
Read Full Article →Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports
The central bank's decision to maintain interest rates reflects a cautious approach, acknowledging potential economic challenges posed by external factors such as tariffs on export...
Read Full Article →Microsoft passes its first test on U.S. tariffs with limited product exposure
Microsoft's Copilot AI assistant may enhance operational efficiency for businesses facing rising costs due to U.S. tariffs, according to CEO Satya Nadella, highlighting the company...
Read Full Article →Qualcomm delivers on earnings despite tariff fears
Qualcomm reported strong earnings, indicating resilience amid concerns over tariffs, while outlining its commitment to a diversification strategy to enhance financial stability and...
Read Full Article →Yum Brands CEO says company is 'pretty insulated' from tariff woes
Yum Brands' CEO David Gibbs indicated that the company's financial performance remains stable, asserting that the recent tariffs imposed by the government have not adversely affect...
Read Full Article →From tariffs to taxes: Here's a look at Trump's first 100 days in office
The Financial Post analyzes the initial impact of the U.S. president's campaign commitments on economic matters during the first 100 days in office, focusing on tariffs and taxes.
Read Full Article →Healthy Returns: Here are the drugmakers with new U.S. investments as Trump’s pharma tariffs loom
Pharmaceutical companies are responding to potential tariff concerns by increasing their manufacturing investments in the U.S., indicating a strategic shift in their financial plan...
Read Full Article →US kids may get ‘two dolls instead of 30’, but China will suffer more, says Trump
The US president aims to alleviate concerns over tariffs potentially harming the economy, while highlighting the greater impact these trade policies may have on China’s financial s...
Read Full Article →Bank of Canada considered cutting interest rate in April as Trump tariffs roiled markets
The Bank of Canada's discussions reflected concerns among certains policymakers about the implications of Trump tariffs on the economy, leading to considerations for a potential in...
Read Full Article →Amazon, Ford, Temu, and 7 other companies raising prices because of tariffs
Several major companies are increasing their product costs as a result of recent trade policies, impacting consumer spending and potentially influencing the broader economic landsc...
Read Full Article →Trump says he'll blame Biden again for 2nd quarter GDP after blaming him for Q1 drop
Trump indicated he would attribute the second quarter GDP performance to Biden, while defending his tariffs that are thought to have contributed to stock market declines during his...
Read Full Article →Trump-Bezos call sets stage for tense earnings report from Amazon
The upcoming earnings report from Amazon comes amid heightened scrutiny and potential impacts from political statements regarding tariff costs that could affect the company's finan...
Read Full Article →4 new signs that Trump's tariffs are starting to bite
Recent economic data suggest increasing challenges for international trade, as the impact of imposed tariffs by the U.S. administration begins to affect market conditions and busin...
Read Full Article →Trump points finger at Biden as US stocks sink amid recession fears
Disappointing economic data has led to a significant decline in US stocks, prompting criticism from Donald Trump towards Joe Biden regarding the economic performance amid fears of...
Read Full Article →US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs
The contraction of the US economy in the first quarter, coupled with a significant decline in consumer sentiment, raises concerns about a potential recession and its broader implic...
Read Full Article →Shein pauses London IPO as tariff hit sparks US restructuring plans
Shein has suspended its plans for a London IPO while assessing the impact of U.S. tariffs on Chinese imports and exploring potential restructuring of its operations in the United S...
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