Tag Archives: Tariff

The United States government can purchase more Bitcoin (BTC) for the US strategic reserve through funneling portions of the tariff receipt surplus into BTC acquisitions, according to Adam Livingston, author of “The Bitcoin Age and The Great Harvest.” Livingston proposed taking a portion of the surpluses generated by trade tariffs every month and funneling that into secure, cold storage BTC …

Walmart’s view on tariff impacts will move this week’s markets  TheStreetView Full Coverage on Google News Source link

ON AUGUST 11TH an unpredictable president did a predictable thing: Donald Trump extended America’s tariff truce with China for at least another 90 days. The decision followed a frenetic spell of dealmaking and tariff-setting that has changed the terms of entry to the American market for dozens of other trade partners, from Canada to Congo. America has struck deals with …

Trump tariff agency plan stalls amid White House turf battle  Politico Source link

If you’re a D.C. cop this minute, to whom are you actually supposed to report? According to Attorney General Pam Bondi, it’s Drug Enforcement Administration head Terry Cole, to whom she assigned the “powers and duties vested in the District of Columbia Chief of Police” in an order last night. But D.C. Attorney General Brian Schwalb immediately denounced that order …

Car buyers rev up U.S. retail sales in effort to beat tariff price hikes. Economy is still growing.  MarketWatch Retail sales rise 0.5% in July, missing forecasts but marking second straight monthly gain after spring slide  Yahoo Finance US retail sales rise in July; softening job market poses risk to spending  Reuters US Retail Sales Climb in Broad Advance After Upward Revision  Bloomberg.com Retail …

By BEN SHIMKUS, US CONSUMER REPORTER and REUTERS Published: 14:07, 15 August 2025 | Updated: 16:10, 15 August 2025 Consumer prices keep rising. That hasn’t stopped shoppers from spending.   US retail sales rose a solid 0.5 percent in July, which was modestly lower than analysts’ expectations, according to the Commerce Department’s Census Bureau.  Americans snapped up motor vehicles and pounced …

Trump Says Tariff Rate on Semiconductors Could Reach 300%. Nvidia and AMD Stocks Fall.  Barron’s Trump Says Semiconductor Tariffs Coming Soon, Could Reach 300%  Bloomberg.com Trump’s Tariffs Won’t Solve U.S. Chip-Making Dilemma  The Wall Street Journal Trump says he will set tariffs on steel and semiconductor chips in coming weeks  Reuters Trump’s Trade Tactics Come for Chip Controls  Foreign Policy Source link

Cheng Xin / Getty Images The news offset better-than-expected fourth-quarter results, driven by demand for Coach bags Fashion handbag maker Tapestry slashed its full-year forecast because of the costs on new U.S. tariffs. The company lowered its fiscal 2026 earnings per share estimate as it anticipates a $160 million hit from tariffs. The news offset better-than-expected fourth-quarter results, driven by …

Customers look set to bear the tariff cost burden  Axios Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank’s economist  CNBC Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs  Fortune Layoffs? Price Increases? Companies Make Hard Choices as Trump’s Tariffs Set In.  The New York Times …