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Trump's 90-Day Tariff Pause More Of A Political Tactic Than A Trade Strategy, Says Former Commerce Secretary: 'It Fits The Congressional Timetable'
Monday, June 16, 2025 - 9:55am | 540Former Commerce Secretary Wilbur Ross, who served in the first Trump administration, believes that President Donald Trump’s 90-day tariff pauses are not only a trade strategy but also a political tactic. What Happened: In an interview with Fortune, Ross said that the pauses align with the U.S...
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US Pressures Vietnam To Cut Chinese Tech Dependency Amid Tariff Talks: Report
Monday, June 16, 2025 - 9:40am | 564In the ongoing tariff negotiations, the United States is reportedly urging Vietnam to reduce its reliance on Chinese technology in the production of devices that are later exported to the U.S. What Happened: The U.S. is pressuring Vietnam to decrease its use of Chinese technology in the production...
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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...
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Latin America's Hot Stocks: 3 NYSE Picks To Dodge Trade Wars, Mideast Mayhem
Saturday, June 14, 2025 - 1:30pm | 665With U.S.–China trade tensions and Middle East unrest rocking global markets, Latin America's stock exchanges – especially Brazil's Bovespa and Mexico's IPC – are hitting record highs as investors seek lower‑correlation havens. Brazil and Mexico's markets are shining as havens from...
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Coinbase Faces First Real Stress Test After S&P 500 Debut — Can New Products Offset The Pressure?
Friday, June 13, 2025 - 2:02pm | 747Coinbase Global Inc (NASDAQ:COIN) made headlines in May by becoming the first cryptocurrency exchange included in the S&P 500 index, marking a significant milestone for the crypto industry. This inclusion signals growing mainstream acceptance and positions Coinbase among America's largest and...
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Trump Extends 50% Steel Tariffs To Home Appliances Like Fridges, Dishwashers Starting June 23
Friday, June 13, 2025 - 7:14am | 565President 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...
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Trump Says He May Hike Auto Tariffs Again To Boost Domestic Production: 'The Higher You Go...They Build A Plant Here'
Friday, June 13, 2025 - 12:45am | 411President 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...
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Trump's First Six Months: These 4 Markets Crush S&P 500 As Tariffs Boomerang
Thursday, June 12, 2025 - 12:52pm | 1102As Donald Trump approaches six months into his second presidential term, four foreign markets he vowed to penalize with heavy tariffs have not only withstood the threat, they've outpaced the S&P 500 and America’s biggest tech giants by a wide margin. Since Jan. 20, 2025 — Trump's...
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US Stocks Likely To Open Lower: 'Look Through Near-Term Noise, Be Deliberate About The Kinds Of Risk You're Taking, Leverage AI,' Say Experts
Thursday, June 12, 2025 - 6:08am | 1352U.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...
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Automotive And Apparel Companies 'Absorbed Tariff Costs' Amid Better Than Expected May CPI Print: 'But Don't Expect That To Continue,' Says Expert
Thursday, June 12, 2025 - 5:26am | 995Even 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...
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Scott Bessent Signals Willingness To Extend Tariff Pause For 'Good Faith' Negotiations, Trump Thinks Not A 'Necessity'
Thursday, June 12, 2025 - 2:57am | 549Treasury Secretary Scott Bessent has suggested that the Trump administration may consider extending the current 90-day tariff pause beyond July 9 for the U.S.’s top trading partners. This extension, however, is contingent on the partners’ “good faith” in ongoing trade...
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BofA Securities Warns Tariffs Could Still Weigh On Retail Stocks Such As Gap, Ralph Lauren
Wednesday, June 11, 2025 - 3:01pm | 466As tariff concerns mount, BofA Securities highlights rising caution across specialty retail and department store stocks despite solid first quarter earnings. BofA Securities notes that most specialty retail and department store stocks appear to have priced in the current 10% universal and 30% China...
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Wall Street Eyes Record Highs As Trump Seals China Deal, Soft Inflation Eases Tariff Jitters
Wednesday, June 11, 2025 - 9:22am | 717A mix of bullish catalysts is poised to lift investor sentiment Wednesday, as President Donald Trump confirmed a China trade deal and fresh inflation data came in softer than expected for May. Trump declared a sweeping new trade agreement with China via Truth Social following two days of...
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US CEOs Are Feeling Bullish: Majority Now Believe The Economy Will Dodge Recession In 2025: Survey
Wednesday, June 11, 2025 - 9:17am | 609In a recent survey, a majority of CEOs have expressed confidence in the U.S. economy, with a notable decrease in the number of business leaders anticipating a recession this year. What Happened: A survey conducted on 277 CEOs by Chief Executive in June revealed that 28% of the 277 CEOs polled...
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US Stocks Likely To Open Lower Ahead Of May Inflation Report: S&P 500 Still In A 31-Month-Long Bull Market, 'Better Times Are Coming,' Says Expert
Wednesday, June 11, 2025 - 5:56am | 1912U.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...