The Fashion World Fears High Tariffs

Fashion World Fears High Tariffs in Trump Administration

President-elect Donald J. Trump has threatened a tax of at least 60 percent on goods from China — a move with the potential to decimate small American brands.

Business - The New York Times - November 13

Dollar hits six-month high as Trump tariff talk fuels inflation fears

US Treasury yields rise as traders scale back expectations for interest rate cuts

Business - Financial Times - November 12

Dow closes at record high, defying fears of panic sparked by Trump's tariff threat

The major stock indexes surged higher on Tuesday.

Scott Bessent’s fund made biggest returns with bet against Fed

Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflation

Business - Financial Times - 1 hour ago

This chart shows the tariff threat might be less than feared

Morgan Stanley strategists say that while the U.S. represents 26% of the revenue for the companies in the MSCI Europe, only 6.6% is goods exported to the U.S. from outside.

Business - MarketWatch - November 18

Trump’s Tariff Plan Prompts European Fears on Growth Rates

Leaders at the European Central Bank worry that trade barriers will curb EU economic progress more than they will push up Euro zone inflation.

Business - Inc. - November 18

Italian cheesemakers stockpile in US over fear of Trump tariffs

Exporters of dairy and olive oil made in Italy face shipping and storage crunch in run-up to Christmas

World - Financial Times - 4 days ago

Trump’s talk of tariffs raises fears of hit to economies worldwide

Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth. Trump vows tariffs on Mexico and Canada and deeper tariffs on China US politics – ...

World - The Guardian - Yesterday

Investors’ ‘fear of missing out’ drives gold demand to record high

Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious metal

Business - Financial Times - October 30

World Fears a Wider Trade War. Malaysia Sees an Opportunity.

With Donald J. Trump promising tariffs, Malaysia hopes a deal with Singapore for greater economic integration will strengthen its role as a China alternative.

Top stories - The New York Times - November 15

Evening Report — World leaders react to Trump's tariff threats

Plus: Where do Trump's criminal cases stand? {beacon} Evening Report © AP World leaders react to Trump's tariff threats Global leaders on Tuesday reacted with a mix of concern and warnings about ...

Politics - The Hill - 15 hours ago

Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live

Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...

World - The Guardian - November 6

Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high

Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans announced Thursday.

Business - CNBC - November 14

Inside the World of High School Mascots: Silly, Sweaty and Surprisingly Athletic

The New York Times for Kids goes inside the sweaty, funny, heartfelt world of high school mascots.

Top stories - The New York Times - 4 days ago

Trump’s world order: election win brings fears of a combustible US foreign policy

President-elect wants to end the wars in Ukraine and Middle East to focus on China. How he will try to get there is unclear. In the first Trump term Richard Moore, then the political director of ...

World - The Guardian - November 9

China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles

World - ABC News - November 4

Dodgers-Yankees World Series scores close to 16 million viewers for Fox, a seven-year high

The blockbuster World Series matchup of the Dodgers playing the New York Yankees gave Fox an expected ratings boost. The Series showdown delivered the largest audience for a five-game series since ...

Entertainment - Los Angeles Times - November 1

Art world shrugs at $6 million banana purchase

This year has seen some of the worst sales in decades for the art market, and the “Comedian” piece is unlikely to move the needle one way or the other.