Latest in Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
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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 - November 7 -
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 - November 8 -
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 - November 11 -
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 -
China Readies for Trump Tariff Wave
A senior trade official says the U.S. taxes on Chinese exports will backfire, and the country’s economy can withstand ‘external shocks.’Business - Inc. - Yesterday -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.Business - The New York Times - November 8 -
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 - November 8 -
U.S. Businesses Work to Limit Costs of Looming Trump Tariffs
Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.Business - Inc. - November 11 -
As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity
At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.Business - The New York Times - Yesterday -
Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan
World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...World - The Guardian - November 13 -
China reacts to Trump's tough talk on tariffs and Taiwan
Beijing is bracing for President-elect Donald Trump's tough stance on tariffs and Taiwan. Ramy Inocencio has more on Trump's possible plans and the reaction they are eliciting abroad.Top stories - CBS News - November 16 -
What to know about Trump’s tariff plans
Former President Trump is going all in on the idea of tariffs as a way of lifting the U.S. economy, bucking criticism from think tanks, labor and big business alike. Trump's plans include a general ...Politics - The Hill - October 25 -
Jeffries: Pelosi is not undermining me
“It's an honor to stand on the shoulders of Speaker Nancy Pelosi,” he said Sunday.Politics - Politico - 6 days ago -
The risks of being too gloomy on Trump tariff plans
Overly pessimistic warnings of economic shocks could weaken crucial support for globalisationWorld - Financial Times - 3 days ago -
China urges U.S. cooperation as Trump trade threat looms
China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.Business - CNBC - November 7 -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - November 13 -
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 - November 6 -
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 - November 7 -
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 - November 8 -
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 - November 12 -
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 - November 6 -
How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy
Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.Business - The New York Times - 5 days ago -
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. - 5 days ago -
China targeted phones of Trump, Vance and Harris campaign affiliates, sources say
A broad Chinese hacking campaign against U.S. telecommunication networks targeted the phones of Republican presidential nominee Donald Trump and his running mate.Top stories - NBC News - October 26 -
China-backed hackers targeted Trump, Vance, sources say
Federal authorities believe China-backed cyber criminals attempted to tap into phones or networks used by former President Donald Trump and Sen. JD Vance, multiple sources familiar with the matter ...Top stories - CBS News - October 25 -
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 - November 8 -
As Trump whiplash looms, APEC closes in Peru with China’s President Xi front and center
After two days of meetings in Lima that rarely ventured beyond platitudes in discussing the strategies of the region’s major economies, the Asia-Pacific Economic Cooperation forum wraps up with a ...World - ABC News - November 16 -
Trump’s Tariffs
We explore his promise to impose a charge on foreign products entering the U.S.Top stories - The New York Times - 2 days ago -
With Trump presidency looming, Biden plans to publish draft gas export study this year
The Biden administration plans to publish a draft study by the end of this year that could have implications for the future of new gas exports. The administration said earlier this year that it ...Politics - The Hill - November 7 -
Inflation rises, Trump looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...Politics - The Hill - November 14 -
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 -
UK must offer Trump concessions on China to avoid tariffs says senior MP
Labour’s Liam Byrne argues government needs to address US concerns about economic securityWorld - Financial Times - November 14