Tariff

President Donald Trump‘s administration will extend existing 50% steel tariffs to imported home appliances, including refrigerators, dishwashers, washing machines, and cooking ranges, beginning June 23. What Happened: The Commerce Department announced Thursday that the expanded tariffs will...

President Donald Trump says he may hike auto tariffs again in a bid to boost production in the U.S. What Happened: "I might go up with that tariff in the not too distant future. The higher you go, the more likely it is they build a plant here,” Trump said during a press event at the White...

U.S. stock futures were trading lower on Thursday after closing lower on Wednesday. Futures of major benchmark indices declined in premarket. President Donald Trump announced that a new trade agreement with China had been reached, pending final signatures from him and Chinese President Xi Jinping...

Even as May’s inflation print was better-than-expected, it snapped a four-month falling streak and rose slightly, hinting that firms absorbed some tariff-induced price hikes. What Happened: “Surprisingly, new and used vehicle prices declined in May, despite many expecting an increase in...

General Motors Co. (NYSE:GM) CFO Paul Jacobson says the company's $4 billion investment in its manufacturing units will help the Detroit-based automaker rebalance production amid U.S. President Donald Trump's tariff uncertainty. What Happened: "…As we look at our landscape, as we look at the...

U.S. stock futures were trading lower on Wednesday after a positive close on Tuesday. Futures of major benchmark indices were lower in premarket. A federal appeals court on Tuesday permitted President Donald Trump‘s extensive tariffs to continue, pending its review of lower court rulings that...

A federal appeals court allowed President Donald Trump‘s sweeping tariffs to remain in effect Tuesday while reviewing the lower court decisions that blocked the duties on constitutional grounds. What Happened: The U.S. Court of Appeals for the Federal Circuit granted a temporary stay,...

Officials from the Trump administration expect China to lift restrictions on exports of rare earth alloys, minerals, and magnets, as trade negotiations between Washington and Beijing continue in London. What Happened: "The purpose of the meeting today is to make sure that they're serious, but to...

Donald Trump‘s tariffs on steel and aluminum are likely to have a deep impact on the input costs of the U.S. automaker Ford Motor Co. (NYSE:F), explains Alex Tsepaev, the chief strategy officer at B2PRIME Group. What Happened: Unlike globalized automakers like Stellantis NV (NYSE:STLA), Ford...

As China’s May export data missed expectations just ahead of the second round of U.S.-China trade negotiations, leading experts are offering sharply divergent interpretations of how the data will be leveraged during the trade talks. What Happened: While Mohamed A. El-Erian, a senior...

Senior US and Chinese officials are set to meet in London on Monday for critical trade negotiations as both nations work to salvage their temporary tariff agreement amid accusations of violations from each side. What Happened: US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick,...

U.S. stock futures were flat on Monday after closing higher on Friday. Futures of major benchmark indices were mixed in premarket. The S&P 500 scaled the 6,000 points mark on Friday as Tesla Inc. (NASDAQ:TSLA) rebounded after tensions between Elon Musk and President Donald Trump cooled down...

Despite better-than-expected first quarter results, Lululemon Athletica Inc. (NASDAQ:LULU)’s management cautioned that the second quarter will bear the brunt of increased tariffs and lowered its full year earnings per share forecast. What Happened: CFO Meghan Frank outlined the company’...

Robinhood Markets Inc. (NASDAQ:HOOD) Chief Brokerage Officer Steve Quirk credited retail investors with stabilizing markets following President Donald Trump‘s sweeping tariff announcement in April, while highlighting record-breaking overnight trading volumes that signal a fundamental shift in...

Dollar Tree Inc. (NASDAQ:DLTR) presented its “5 levers mitigation strategy” to address Donald Trump’s “highly fluid and changing” tariff scenario during its first quarter earnings call and highlighted its impact on second quarter profits. What Happened: The company...