tariffs

President 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...

At just 28 years old, financial advisor Luke Lloyd learned some of life's toughest lessons—many of them forged in the blue-collar heart of Martins Ferry, Ohio. Growing up in a town where generations worked “their tails off” in coal mines and steel mills, Lloyd saw firsthand the grit and...

President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs. What Happened: In exchange, Vietnam will grant...

U.S. stock futures were slightly higher on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher. The stocks were higher following President Donald Trump‘s announcement of a deal with Vietnam on Thursday in A Truth Social post. The Nasdaq and New...

The July 9 deadline for the 90-day tariff pause is approaching as global trade diplomacy intensifies. While President Donald Trump evaluates options on reciprocal tariffs, nations across Asia and Europe are discussing deals that protect their interest, while balancing ties with both Washington and...

U.S. futures rose on Wednesday after a mixed close on Tuesday. Futures of major benchmark indices were trading slightly higher. After the Nasdaq and S&P 500 scaled new highs for two days, the indices slipped on Tuesday as President Donald Trump's massive tax-and-spending One Big Beautiful Bill...

President 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...

HSBC has raised its average gold price forecast for 2025 to $3,215 an ounce, up from $3,015, citing "elevated geopolitical risks, economic uncertainty, and rising government debt." The bank also increased its 2026 estimate to $3,125 an ounce from $2,915, while projecting a turbulent path ahead. "We...

Jim Cramer is optimistic about Amazon.com Inc. (NASDAQ:AMZN), despite the ongoing tariff pressures. His prediction comes after a conversation with Amazon’s CEO, Andy Jassy. What Happened: On Tuesday, Cramer posted on X to share his views after speaking with Jassy. He believes that the e-...

The U.S. Customs and Border Protection (CBP) has collected more than $106 billion in customs revenue since Donald Trump assumed the presidency, with a significant portion attributed to the administration’s tariffs. What Happened: The Department of Homeland Security (DHS) announced on...

Fundstrat 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...

The Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it is favoring narrower agreements to avoid the reimposition of U.S. tariffs. What Happened:  The US is now seeking phased deals with key countries, with the aim of reaching agreements by...

A family get-together for the Fourth of July holiday will cost less than the record-breaking averages seen in 2024, with inflation cooling slightly from 2024. What Happened: The average cost per person to celebrate a Fourth of July cookout is $7.09, down from a record $7.12 in 2024. The figure...

With only days remaining until President Donald Trump’s self-imposed July 9 tariff deadline, the world trade scene resembles more of a geopolitical roulette table than a negotiation process. Although Trump’s return to tariff diplomacy has reignited diplomatic turmoil and corporate...

A collapsing U.S. dollar is reshaping the global investing landscape, and seven U.S. companies with strong international sales could be the biggest winners if the greenback keeps sliding into the second half of 2025. The U.S. Dollar Index (DXY) — a widely followed gauge tracking the greenback...