Trump Eases Auto Tariffs Amid Industry Concerns In a move that has been welcomed by major players in the automotive industry, President Trump recently announced a rollback of auto tariffs. Ford, GM, and Stellantis have all expressed their approval of this decision, seeing it as a positive step forward. However, despite this progress, there are […]
Nvidia hit by the new US export rules
Nvidia Faces Setback as US Government Imposes Indefinite Export Restrictions on H20 Chips Nvidia, a prominent player in the technology industry, is currently grappling with a significant challenge. The US government has recently imposed indefinite restrictions on the export of Nvidia’s H20 chips. This unexpected development has sent shockwaves through the company and the market […]
Trump eyes tariffs on semiconductors in push to boost US tech manufacturing
Trump Eyes Tariffs on Semiconductors in Push to Boost US Tech Manufacturing In the ever-evolving landscape of global trade and technology, the United States finds itself at a crucial crossroads. With the battle over tech dominance intensifying, President Trump has set his sights on a new target: semiconductors. This move, aimed at boosting US tech […]
Tech stocks rally after Trump halts tariffs
Tech Stocks Soar as Nasdaq Records Best Day in Decades Tech stocks experienced a significant surge as the Nasdaq jumped over 12% in its best performance in decades. This impressive rally comes in the wake of the Trump administration’s decision to temporarily halt trade tariffs. The market reaction to this news underscores the crucial role […]
Fashion Stocks Soar After Trump Pauses Tariffs on All Countries But China
Fashion Stocks Soar After Trump Pauses Tariffs on All Countries But China The recent decision by President Trump to temporarily impose a universal 10 percent tariff on all countries except China has sent shockwaves through the fashion industry. While the higher levies initially announced caused concern among investors and experts alike, the revised tariffs have […]
The Debrief | Trump’s Tariffs Change Everything
The Debrief | Trump’s Tariffs Change Everything The recent implementation of tariffs by Donald Trump has sent shockwaves through the fashion industry, impacting everything from consumer behavior to global supply chains. Sustainability correspondent Sarah Kent and luxury correspondent Simone Stern Carbone have weighed in on the far-reaching implications of this historic decision. Let’s delve into […]
Nike, Lululemon Rebound as Trump Touts Call With Vietnam Leader
Nike and Lululemon Surge as Trump Highlights Positive Call with Vietnam Leader In the world of business, especially in the realm of manufacturing and retail, partnerships and relationships with other countries play a crucial role in success. Recently, shares in prominent companies with significant manufacturing operations in Vietnam, such as Nike and Lululemon, experienced a […]
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis The fashion industry is no stranger to challenges, but the recent announcement of new import duties by President Donald Trump has sent shockwaves through the sector. Dubbed as ‘liberation day’ by the administration, the unveiling of these tariffs has left many in the industry scrambling to adjust and […]
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains The global economy is a complex web of interconnected supply chains, where even the slightest ripple can cause a major wave of impact. Recently, the footwear industry felt the shockwaves as President Trump’s tariffs sent Adidas and Puma stocks plummeting. In early Frankfurt trading on […]
Trump’s Tariffs to Take Immediate Effect, White House Says
Trump’s Tariffs: Immediate Impact on Global Trade The world of international trade is once again bracing itself for turbulence as President Trump’s administration announces the immediate enforcement of global tariffs. White House press secretary Karoline Leavitt confirmed the news on Tuesday, indicating that the repercussions of this decision will be swift and far-reaching. Tariffs have […]