US stocks ticked up Wednesday as Wall Street weighed a surprise inflation print and scoured the latest batch of earnings for signs that corporate America is weathering the tariff turmoil. The Dow Jones Industrial Average (^DJI) rose about 0.3% after the blue-chip index lost over 400 points on Tuesday, while the S&P 500 (^GSPC) was up nearly 0.2%. The tech-heavy …
Read More »Tag Archives: Tariffs
‘A family of traitors’: Trump’s Brazil tariffs ultimatum backfires on Bolsonaro | Brazil
Silvana Marques was one of thousands of Brazilians who flocked to São Paulo’s most famous art museum one afternoon last week. But the 51-year-old teacher wasn’t there to marvel over fog-filled London landscapes at Masp’s new Monet retrospective. She had come to join a protest heaping scorn on Donald Trump. Beneath the museum’s brutalist hulk, Marques spotted a cardboard effigy …
Read More »After widespread slowdown, Port of LA import surge is a sign Trump’s ‘whipsaw’ tariffs sparked ‘one last’ stockpiling push, executive director says
For months, Port of Los Angeles Executive Director Gene Seroka warned of slashes to shipment arrivals from China and reduced hours for dock workers and truckers as a result of President Donald Trump’s aggressive tariff threats. As the busiest port in the U.S. saw record-setting shipping volumes last month, Seroka still isn’t breathing a sigh of relief. The Port of …
Read More »Trump wields tariffs to sway Putin on Ukraine. Here’s how they might work, or not
WASHINGTON (AP) — Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year campaign to crush Ukraine. Now President Donald Trump is betting that his go-to economic weapon — tariffs — can succeed where Ukrainian drones and rockets haven’t, and finally persuade Putin to end his war. Tariffs, which the U.S. …
Read More »Carney says US-Canada trade deal likely to include some tariffs
Prime Minister Mark Carney said Canada may have to accept some tariffs as part of a trade deal with the United States. “There’s not a lot of evidence right now” that the Trump administration would be willing to completely give up on the levies in any agreement, he said on Tuesday, as reported by CBC News. Speaking to journalists ahead …
Read More »Inflation Picks Up to 2.7% as Tariffs Start to Seep Into Prices – The Wall Street Journal
Inflation Picks Up to 2.7% as Tariffs Start to Seep Into Prices The Wall Street Journal U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices The New York Times Trump’s trade war begins to show up in inflation data Axios Live: Analysis of US CPI Report for June Bloomberg.com Why the June CPI Isn’t a Gamechanger for the Fed The Wall Street Journal …
Read More »Analogue 3D Maker Blames Latest Retro Console Delay On Tariffs
Image: Analogue The Analogue 3D promises a classic Nintendo 64 experience on modern displays with all the bells and whistles that entails. The $250 retro console sold out last year and was supposed to ship in early 2025, but the company behind it says orders have been delayed yet again, this time blaming tariffs. Nintendo Switch 2 Could Launch With …
Read More »Trump tariffs push up inflation despite pressure on Fed to cut rates – Politico
Trump tariffs push up inflation despite pressure on Fed to cut rates Politico Here’s how Trump’s tariffs could be impacting prices for US consumers CNN Rising Inflation Underscores Risks in Trump’s New Tariff Threats The New York Times Inflation picks up again in June, rising at 2.7% annual rate CNBC Inflation heats up in June as President Trump’s tariffs start to bite NPR Source link
Read More »Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs. – Barron's
Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs. Barron’s China’s Economy Grows Steadily Despite Trump’s Tariffs The New York Times China posts better-than-expected Q2 growth in face of Trump tariffs CNN China growth beats expectations as Trump tariffs loom BBC China’s economy beats expectations in face of Trump’s trade war The Guardian Source link
Read More »Carney concedes any deal with Trump will include tariffs – Politico
Carney concedes any deal with Trump will include tariffs Politico Carney says US-Canada trade deal likely to include some tariffs BBC Stocks drop after Trump announces 35% tariff on Canada CNN Good Vibes in Trump Trade Talks Haven’t Shielded Canada From Chaos The New York Times Canada PM Carney Signals U.S. Tariffs May Be Here to Stay The Wall Street Journal Source link
Read More »