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Trump Says US Will Raise Tariffs To Up To 70% As July 9 Deadline Looms
Friday, July 4, 2025 - 10:11pm | 571President Donald Trump has announced that his administration will begin informing trading partners about new tariffs on their exports starting this Friday. What Happened: These tariffs are scheduled to take effect on August 1. Trump mentioned that approximately “10 or 12” letters will...
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Trump Threatens 35% Tariffs On Japan As Trade Deadline Looms: 'Not Sure We're Going To Make A Deal'
Wednesday, July 2, 2025 - 2:06am | 570President Donald Trump escalated trade tensions with Japan on Tuesday, threatening to impose tariffs of “30% or 35%” if no agreement is reached before the July 9 deadline. What Happened: The threat represents a significant increase from Japan’s current 10% tariff rate on most...
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US Stock Futures Slip After Two Days Of Record Advances: 'FOMO Could Add Another 5%-10%…,' Says Expert
Tuesday, July 1, 2025 - 6:14am | 1691U.S. futures slipped on Tuesday after two days of record-setting advances. Futures of major benchmark indices were trading lower. Nasdaq and S&P 500 scaled new highs on Monday. The Donald Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it...
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Goldman Sachs Now Expects 3 Fed Rate Cuts In 2025 Amid Weak Jobs Data, Modest Trump Tariff Effects
Tuesday, July 1, 2025 - 4:08am | 493Goldman Sachs Group Inc. expects the Federal Reserve to deliver three quarter-point interest rate cuts this year, revising its outlook upward amid muted tariff effects and labor market weakness, the Wall Street brokerage said on Monday. What Happened: The investment bank now projects three...
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Tom Lee Calls Amazon An Early Signal As Andy Jassy Says No Price Hike Despite Trump Tariffs: 'Absence Of Inflation' Is A 'Positive' Sign
Tuesday, July 1, 2025 - 3:16am | 638Fundstrat Global Advisors Head of Research Tom Lee highlighted Amazon Inc. (NASDAQ:AMZN) as a critical early indicator for U.S. inflation trends, calling the retail giant’s stable pricing amid tariff pressures a “meaningful” signal for market conditions. What Happened: Lee posted...
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US Stocks Likely To Open Higher, Continuing Record-Setting Advances: June Has Never Seen An All-Time High Since 1950, Highlights Expert
Monday, June 30, 2025 - 5:56am | 1941U.S. futures rose on Monday after a record close on Friday. Futures of major benchmark indices were trading higher. As the July 9 deadline for President Donald Trump‘s reciprocal tariffs comes closer, on Friday, he suggested that the deadline for a U.S.-EU trade deal might not be set in stone...
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Trump–Starmer Trade Deal Kicks In: UK Luxury Cars Get 10% Tariff, Rolls-Royce Engines Fly Duty-Free Into US
Monday, June 30, 2025 - 4:45am | 578The landmark trade agreement between President Donald Trump and British Prime Minister Keir Starmer officially took effect Monday, delivering immediate tariff relief for the United Kingdom’s automotive and aerospace exports to the United States. What Happened: The deal reduces U.S. tariffs on...
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US Stocks Likely To Open Higher As Commerce Secretary Confirms Deal With China: Nike, Worthington Steel Surge Amid Upbeat Earnings
Friday, June 27, 2025 - 6:21am | 1572U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher. The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. U.S. Commerce Secretary Howard Lutnick confirmed the deal with China...
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Nike Faces $1 Billion Trump Tariff Blow, Plans 'Surgical' Price Hikes Starting Fall 2025 To Offset Impact
Friday, June 27, 2025 - 3:50am | 633President Donald Trump‘s tariffs on Chinese imports have increased Nike Inc.‘s (NYSE:NKE) costs by $1 billion. As part of their mitigation strategy, the athletic giant plans to start implementing price hikes in the fall of 2025. Check out the current price of NKE stock here. What...
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Japan's Top Trade Negotiator Calls Trump's 25% Auto Tariffs 'Unacceptable' Amid Ongoing Talks
Thursday, June 26, 2025 - 3:22am | 470Japan's chief trade negotiator, Ryosei Akazawa, said that the country cannot accept U.S. President Donald Trump's 25% auto tariffs as trade talks continue with the seventh round set to take place in Washington. What Happened: "We have repeatedly explained to the U.S. that Japan's automobile...
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Tech Hedge Fund: One of the 'Magnificent 7' May Not Make 2030 Top 40
Saturday, June 21, 2025 - 2:50pm | 564The tech leaderboard of 2030 could look radically different, not just because of who rises but also because of who fades. A post on X by Koyfin reveals that Coatue’s recent projections for the next wave of trillion-dollar companies suggest a shift in how value is being created across...
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Toyota To Increase US Vehicle Prices By Over $200 Starting July Amid Trump's Auto Tariffs: Report
Saturday, June 21, 2025 - 1:02am | 522Toyota Motor Corp. (NYSE:TM) will implement a price hike on certain vehicles sold in the United States by more than $200 beginning next month. What Happened: Some models under the Toyota and Lexus brands will see price increases averaging $270 and $208, respectively, as stated by Nobu Sunaga, a...
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Trump's Tariffs Trigger Layoffs: Monopoly Maker Hasbro Slashes Jobs — These Companies Are Cutting Too
Wednesday, June 18, 2025 - 8:15am | 793Monopoly maker Hasbro Inc. (NASDAQ:HAS) announced that it has cut 3% of jobs amid higher tariffs on imports from China. Here’s a list of five other publicly traded companies that have either reduced their workforce or intend to do so due to the impact of tariffs. What Happened: After...
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US Stock Futures Tumble After Trump Threatens 'Real End' To Iran's Nuclear Problem: '…Avoid Getting Whipsawed By Noise,' Says Expert
Tuesday, June 17, 2025 - 6:09am | 1625U.S. stock futures were trading lower on Tuesday following Monday’s advance. Futures of major benchmark indices were lower in premarket. President Donald Trump called on Iranians to leave Tehran, pointing to the government’s refusal to accept a deal aimed at limiting nuclear weapons...
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Trump To Meet Japanese Prime Minister Shigeru Ishiba To Discuss Auto Tariffs At G7: Report
Sunday, June 15, 2025 - 11:57pm | 484President Donald Trump is set to meet with Japanese Prime Minister Shigeru Ishiba over the Trump administration's sweeping auto tariffs that have rocked the global auto industry with uncertainty. What Happened: Ishiba will head to the G7 summit in Canada's Alberta province, following talks between...