Latest in Whammy Tariffs
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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 - November 10 -
Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
There's a debate as to whether President-elect Donald Trump can enact a sweeping tariff plan with or without congressional approval.Business - CNBC - November 10 -
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 -
The Guardian view on Trump’s tariff push: it should spark a global call for fairer trade | Editorial
US protectionism raises alarms, underscoring the need for balanced policies as wealthy nations’ tariffs can hurt developing economies. “To me, the most beautiful word in the dictionary is tariff,” ...World - The Guardian - November 11 -
Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.Business - MarketWatch - November 12 -
Our lone oil-and-gas stock strikes 2 smart deals — plus, AMD sharpens its AI focus
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 6 days ago -
'Everyone is calling': Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes
Donald Trump campaigned on hardline tariff proposals that alarmed economists, corporate America and Wall Street.Business - CNBC - November 12 -
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemicWorld - ABC News - 6 days ago -
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 - 6 days ago -
Germany’s car industry is losing its famous Vorsprung – and it can’t all be blamed on Trump and tariffs | Konstantin Richter
It was once the envy of the world – but now its arrogance and failure to change or take risks lie at the root of its decline. About 50 years ago, a man named Hans Bauer who worked in marketing for ...World - The Guardian - 6 days ago -
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 - 5 days ago -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - 5 days ago -
Will Trump’s tariffs cause price hikes in electronics? Here’s how his plans could lead to trouble in the semiconductor industry
The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.Business - MarketWatch - 3 days ago -
How to protect your portfolio against risks tied to President-elect Trump's tariff agenda
Astoria Portfolio Advisors CEO John Davi said he thinks the new administration's policies could be "very inflationary."Business - CNBC - 3 days ago -
Trump just might be able to impose higher tariffs without starting a trade war
The president-elect’s trade policies are still uncertain. But here are some potential pros and cons.Business - MarketWatch - 3 days ago -
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.Business - CNBC - 16 hours ago -
Lowe’s CEO confident in retailer’s ability to manage Trump tariffs after earnings beat
“We feel good about the processes and the systems we put in place since the first Trump administration, to manage tariffs,” said Lowe’s CEO Marvin R. EllisonBusiness - MarketWatch - 19 hours ago -
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.Top stories - NBC News - 18 hours ago