AEO Stock Tumbles 17% After Tariff News: What's Next for Investors?

Shares of American Eagle Outfitters, Inc. (AEO) experienced a notable decline of 17.4% yesterday after the announcement of major new tariffs designed to overhaul global trade and support U.S. manufacturing.The sharp decline was due to the U.S. government's decision to implement a flat 10% tariff on imports from nearly all countries, along with additional reciprocal tariffs on around 60 nations that the United States claims to impose higher duties on American goods. Among these is Vietnam, which now faces a ...