Finance News – Tariffs
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Amazon warns on trade war hit as profit outlook misses forecasts
Amazon has indicated that its profit outlook falls short of expectations due to potential impacts from tariff and trade policies, highlighting concerns over the consequences of ong...
Read Full Article →Crypto ‘decoupling’ story ends as stocks follow Bitcoin’s rally
Recent trends indicate that while cryptocurrencies have seen notable gains, their movements closely mirror those of the stock market, raising questions about the potential for futu...
Read Full Article →Apple braces for $900m blow from Trump tariffs
Apple is expected to face significant financial impact from new tariffs imposed by the Trump administration, although key electronics, including iPhones, remain exempt from the add...
Read Full Article →Apple quarterly earnings beat Wall Street expectations amid Trump trade policy chaos
Apple reported second-quarter revenue of $95.4 billion and earnings-per-share of $1.65, exceeding analyst expectations amid ongoing tariff uncertainties impacting the consumer elec...
Read Full Article →Trump’s China tariffs aren’t temporary negotiating tools — they’re divorce papers
The ongoing decoupling between the U.S. and China, driven by tariffs, may initially have negative economic impacts but could lead to long-term financial benefits that are not yet f...
Read Full Article →Apple earnings beat expectation as Americans rush to buy iPhones before tariffs
Apple's latest financial report reveals stronger-than-anticipated revenue, driven by increased consumer demand for iPhones ahead of forthcoming tariff implementations.
Read Full Article →Apple says Trump’s tariffs will boost costs by $900mn in June quarter
Apple anticipates that the imposition of tariffs under the Trump administration will result in increased expenses of approximately $900 million during the June quarter, complicatin...
Read Full Article →CUSMA-compliant auto parts won't be hit with tariffs
According to recent guidance from U.S. Customs and Border Protection, auto parts that meet CUSMA standards will remain exempt from tariffs imposed by the Trump administration on im...
Read Full Article →Live: Amazon disappoints Wall St amid tariff uncertainty
Amid ongoing tariff uncertainty, the S&P 500 has risen for eight consecutive sessions, reaching a peak not seen since early April, while Amazon's stock experienced a decline in aft...
Read Full Article →Jobs report Friday to provide important clues on where the economy is heading
The upcoming jobs report is expected to significantly influence market perceptions of economic health, particularly given recent disappointing economic indicators and ongoing conce...
Read Full Article →5 cars that are safest from tariffs — and 5 getting hit hardest
The recent adjustment to vehicle tariffs is expected to reduce the overall impact on car prices, yet consumers may still experience higher costs due to ongoing trade-related expens...
Read Full Article →CoreWeave surges after top customer Microsoft reaffirms spending plans
CoreWeave's stock price increased following assurances from major clients Meta and Microsoft, who plan to maintain their spending levels despite potential economic challenges posed...
Read Full Article →Apple reports second-quarter earnings after the bell
Apple's upcoming second-quarter earnings report will be closely watched, especially amid concerns regarding the impact of global tariffs announced by the Trump administration on it...
Read Full Article →Tariffs to have 'greatest negative impact' on U.S. economy of all Trump's actions, says JPMorgan inv...
A JPMorgan investor survey indicates that tariffs are seen as the most damaging financial action for the U.S. economy, with concerns about stagflation surpassing those related to r...
Read Full Article →McDonald’s and General Motors say Trump’s tariff war is harming business
Both McDonald's and General Motors experienced financial setbacks attributed to tariff-related uncertainty, with the fast-food chain reporting a 3.6% decline in sales and the autom...
Read Full Article →Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
Mercedes-Benz announced plans to expand its Alabama plant with the addition of a new vehicle, reflecting the challenges and opportunities posed by the current auto tariffs implemen...
Read Full Article →April jobs report to give first hard evidence on whether trade wars have hurt hiring
The April jobs report could provide crucial insights into the impact of trade wars on hiring practices and the overall health of the U.S. labor market amid concerns about tariffs.
Read Full Article →Microsoft raises prices of Xbox video game consoles due to 'market conditions'
Microsoft's decision to increase Xbox console prices reflects rising development costs and market conditions, coinciding with new tariffs on imports, which may impact overall sales...
Read Full Article →Microsoft raises Xbox prices globally amid tariff uncertainty
Microsoft's decision to increase Xbox prices globally reflects broader market challenges, including recent price hikes by Sony for PlayStation 5 and delays by Nintendo, amidst ongo...
Read Full Article →Amazon reports first-quarter earnings after the bell
Amazon’s upcoming first-quarter earnings report comes amid significant economic changes, as the company's financial performance may be affected by recent tariffs announced by the a...
Read Full Article →U.S. Chamber of Commerce asks Trump for tariff exclusions to 'stave off a recession'
The U.S. Chamber of Commerce has requested tariff exclusions from President Trump, highlighting concerns from analysts that the current tariffs may negatively impact businesses and...
Read Full Article →Battle lines drawn as steel producers push 'Buy Canadian' to fight tariffs and dumping
Canada's steel industry claims that over 20 countries are selling steel rebar at below-market prices, while some provinces advocate for purchasing foreign products to enhance compe...
Read Full Article →GM CEO Mary Barra says tariffs could cost it $5 billion this year
General Motors may experience substantial financial impact this year, as trade policies are expected to increase operational costs by several billion dollars, potentially affecting...
Read Full Article →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.
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