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Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - 3 days ago -
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.Business - CNBC - 5 days ago -
Steven Madden C.E.O. Says It Is Moving Production Out of China
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.Business - The New York Times - 4 days ago -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - 4 days ago -
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.Business - CNBC - Yesterday -
China Security Group Urges Review of Intel's Chips as Tech Tension With U.S. Rises
The Chinese industry group said that Intel’s products have shown security vulnerabilities and high failure rates.Business - The Wall Street Journal - October 16 -
Zelensky says he had 'productive' conversation with Trump
Ukrainian President Volodymyr Zelensky said in a speech in Budapest on Thursday that he had a productive conversation with President-elect Trump after Tuesday's election win and expressed optimism ...Politics - The Hill - 5 days ago -
Trump’s tariffs pose a greater risk to markets than his tax cuts
They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the potential for widespread retaliation.Politics - The Hill - October 18 -
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.Business - MarketWatch - 4 days ago -
Asia braces for steep China tariffs in second Trump term
Former president has outlined plans to revive trade war with Beijing and questioned backing for TaiwanWorld - Financial Times - 6 days ago -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - 5 days ago -
Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - 4 days ago -
What could Trump's return, and his tariffs, actually mean for China?
Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.Top stories - CBS News - 4 hours ago -
China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid debt crisis, says Ray Dalio.Business - CNBC - October 18 -
Exxon CEO says Trump won’t be able to ‘unleash’ new energy production
President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful ...Business - MarketWatch - 56 minutes ago -
U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.Business - CNBC - October 23 -
China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.Business - CNBC - October 30 -
As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go 'too far'
China's commerce ministry said Monday that it had filed an additional appeal with the WTO over the EU's tariffs on its EVs, as bilateral talks have yet to lead to a breakthrough.Business - CNBC - November 5 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - 6 days 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 - 6 days ago -
Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.Business - The New York Times - October 15 -
Tariffs. Taiwan. Trump. What China is thinking as it observes the U.S. presidential election from afar.
Confusion about who stands for what has muddied the views of China’s investors, consumers and intelligentsia.Business - MarketWatch - November 5 -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - October 25 -
Bracing for Trump's tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Businesses brace for new Trump tariffs Companies are preparing for a spate of new ...Politics - The Hill - October 30 -
Trump threatens Mexico with tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump threatens tariffs on Mexico over border crossings Former President Trump on ...Politics - The Hill - November 4 -
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...Business - MarketWatch - October 14 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated with its own U.S. import taxesBusiness - CNBC - 2 days ago -
Top Trump economic adviser says big Fed rate cut was justified
Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins electionBusiness - Financial Times - October 18 -
UK farmers forced to cut food production to stay viable, warns NFU
Terrible harvest and falling subsidies force businesses to embrace greener alternatives, says Tom BradshawWorld - Financial Times - October 14 -
Target cuts prices on 2,000+ products, from food to cough medicine
Target is reducing the prices of more items as the discount retail chain readies for the holiday shopping season.Top stories - CBS News - October 22 -
What Will Trump’s Tariffs Mean for Businesses?
Companies are already scrambling to avoid potential tariffs. Here’s how they could play out in Donald Trump’s second term.Business - Inc. - 5 days ago -
From cars to planes: global manufacturers brace for Trump’s tariffs
Executives across multiple industries expect supply chain upheavalBusiness - Financial Times - 4 days ago