Saturday, May 10, 2025

Tag: Tariffs

Businesses Race to Import Ahead of Trump’s Tariffs, Breaking Trade Records

U.S. trade deficit hits a record high in March as imports surge before tariffs; growth expected to decline amid trade tensions.

That $12 Swimsuit? It’s $31 Now—Thanks, Tariffs

Chinese retailers Temu and Shein raise prices significantly due to new U.S. tariffs, impacting various product categories dramatically.

Six Days, Three Indexes, One Auto-Fueled Rally

U.S. stock market rises on optimism for a U.S.-India trade deal, with automotive stocks leading gains amid tariff adjustments.

Despite Weekly Losses, Oil Prices Rise for Second Straight Day Amid Trade Talk Hopes

Oil prices continued to rise on April 25, driven by trade talks between the U.S. and China, despite weekly losses for both benchmarks.

Bessent Sets Agenda for U.S.–Japan Trade Talks: No Yen Target, Just Tariff Strategy

U.S. Treasury Secretary Bessent outlines trade talks with Japan, focusing on tariffs and trade deficit, avoiding currency targets.

Markets Wobble After Three-Day Rally—Boeing Tumbles, Tesla Shrugs Off Chart Alarm

U.S. stock indices fell as concerns over Trump's tariffs lingered, while Tesla and Nvidia showed resilience despite market declines.

Wall Street Climbs for Second Day—Dow Up 312 Points, VIX Drops 17%

The New York stock market rises as Trump delays tariffs, easing investor anxiety, though mixed results emerge among major tech firms.

Trump’s Tariffs Could Wreck the Economy—Here’s Why Larry Fink Thinks So

Trump's tariff policies may push the U.S. economy into recession, warns BlackRock's CEO Larry Fink, citing ongoing market uncertainty.

Amazon Warns: Tariff Burden Could Shift to Consumers

Amazon CEO Andy Jassy discussed tariff impacts, noting stable consumer behavior and proactive inventory management amid potential price hikes.

Oil Drops Sharply on Renewed U.S.-China Trade War Concerns

Global oil prices fell sharply after a White House clarification on Trump's tariffs, signaling potential trade war impacts.

From Relief to Reversal: 145% Tariff Warning Sinks U.S. Markets

U.S. stock markets plunged as fears of a trade war reignited after a tariff clarification, leading to significant losses across major indices.

Japan Plans $335 Cash Payout for Everyone to Fight Inflation and U.S. Tariffs

Japan plans to distribute cash to all citizens to combat inflation and U.S. tariffs, with proposals for 50,000 JPY per person.