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Trump tariffs live updates: Trump says he'll send letters to over 150 countries, plans tariff barrage Aug. 1
President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
3M Sees Lighter Tariff Burden as China Trade Tensions Ease
M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,
June retail sales show people could still be stocking up over tariff concerns
The boost in June was driven in part by a 1.2% rise in sales of autos and auto parts. Clothing sales also saw a significant increase of 0.9%. Categories including personal care, sporting and hobby
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Tesla’s Tariff Nightmare Fuels MP Materials’ Boom: Here's Your Next Big Stock Move
Tesla faces significant headwinds from the new graphite tariff and China’s export controls, risking higher costs, supply disruptions, and margin pressure. Its stock’s volatility could worsen if trade tensions or subsidy cuts intensify.
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Charles Schwab Profit Jumps on Tariff Trading Surge
Charles Schwab said a surge in trading activity by its brokerage customers helped lift second-quarter profits by 60%. The company joined other banks and brokers in benefiting from a busy and volatile spring marked by investors’ reaction to President Trump’s ongoing trade war.
Tesla Stock Heads for Weekly Gain. Why This China Graphite Tariff Could Affect EV Prices.
Tesla Stock Heads for Weekly Gain. Why This China Graphite Tariff Could Affect EV Prices.
Weak dollar means worse tariff inflation
The steady decline of the dollar under President Donald Trump has led to a lot of hyperventilating about its role as the global reserve currency and threats posed by alternatives like the euro or whatever the BRICs have cooking.
Trump’s tariff pressure pushes Asia toward American LNG, but at the cost of climate goals
Asian countries are offering to buy more U.S. liquefied natural gas to ease trade tensions with the Trump administration.
Economy’s Tariff Adjustment Could Take Many Months, Fed’s Bostic Says
The White House's dragged-out tariff rollout means the Federal Reserve needs more time to understand the economic consequences of new trade barriers, Atlanta Fed President Raphael Bostic said. In an interview Thursday,
US Treasury's Bessent says good tariff deal with Japan still possible
A mutually beneficial U.S.-Japan tariff agreement is still possible, Treasury Secretary Scott Bessent said on Friday after meeting Japanese Prime Minister Shigeru Ishiba in Tokyo.
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