Brazil’s exports to the U.S. are being crushed by tariffs from the world’s largest economy according to fresh data published on Monday, hours after a “positive” phone call between the presidents of both nations https://t.co/XrFVKemhGt ...

Macroeconomic Environment & Strategy - The company aims to minimize distractions from macroeconomic noise by focusing on controllable factors like product innovation, storytelling, and marketplace elevation [1][2] - A small team is dedicated to managing external factors such as the $15 million tariff bill [3] Tariff Mitigation - The company is working to offset tariffs through its diversified global supply chain, country of origin adjustments, and collaboration with factory and retail partners [4][5] - The company employs various levers to offset tariffs over time [5][6] - The company considers targeted and selective price increases as part of its regular quarterly pricing strategy at a country level, not solely due to tariffs [6][7] Manufacturing & Sourcing - The company has diversified its manufacturing portfolio and continues to decrease its reliance on China [8] - The biggest hurdle to manufacturing in the US is material sourcing, involving tens of thousands of different materials [9][10] Government Relations - The company engages with the administration and Congress, emphasizing shared interests in sports and upcoming global sporting events like the World Cup and Olympics [11][12]

Core Insights - Rivian's CEO, R.J. Scaringe, expressed strong confidence in the company's future despite challenges in the electric vehicle (EV) market [2] - The expiration of the $7,500 federal EV credit and the current administration's stance on EVs are noted as headwinds for the industry [2] - Rivian is actively expanding its manufacturing capabilities, including a new factory in Georgia set to produce EV trucks by 2028 [3] Company Developments - Rivian has expanded its vehicle manufacturing plant in Normal, Illinois, and is developing the R2 truck, expected to be priced around $45,000 [3] - The company has a joint venture with Volkswagen AG to develop automotive software, indicating a strategic partnership to enhance its technological capabilities [3] Industry Context - The Trump administration's tariffs have impacted the auto industry significantly, affecting corporate planning and cost structures [4][5] - Scaringe noted that the current administration's pro-business stance aligns with Rivian's goals, although tariffs still pose challenges for long-term capital allocation decisions [5]

President Trump’s tariffs, highly touted as a lever to boost American industry, are now emerging as a substantial tax on business—putting pressure on corporate profits, labor markets, and prices, according to Morgan Stanley’s chief economist. Michael Gapen draws a striking conclusion in his Monday research note, US Economics Weekly: “Tariffs have been a tax on capital, so far.” In the second quarter of 2025, U.S. corporations largely absorbed the escalating cost of tariffs, according to Gapen’s team, offs ...

Back. New report from the Distilled Spirits Council of the US showing American liquor exports fell 9% in the second quarter of the year as trade tensions put pressure on some of the industry's biggest markets. Our Brandon Gomez breaks down the data.Brandon, I do wonder how much is tariff related and how much is just we're not drinking as much. Hey Sarah, yeah, that definitely comes into play as well in some of the data. It's look a hangover abroad for US spirits.The steepest drop we did see was in Canada wh ...

It's time now for the big picture. Let's welcome in the team from Charles Schwab. Very pleased to say I'm joined by Lisanne Saunders who is the chief investment strategist Charles Schwab and Cooper Howard director and fixed income strategist Schwab Center for Financial Research.What a brilliant day to have both of you on. Lisanne, let's start with you that big story AMD and OpenAI. I suppose my question as we look back at the week that was and the global chip rally that we have witnessed off the back of the ...

Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump's tariffs on imported goods. ...

Core Insights - Non-U.S. companies are planning to expand or establish operations in the United States to counteract the effects of President Trump's tariffs on imported goods Company Investments - Air Liquide plans to invest up to $200 million in Louisiana and over $50 million in the U.S. semiconductor industry [2] - AstraZeneca intends to spend $50 billion on a new plant in Virginia and expansions in several states including Maryland, Massachusetts, California, Indiana, and Texas [3] - Honda aims to shift some car production from Mexico and Canada to the U.S., targeting 90% local production for cars sold in the country [4] - Hyundai Motor is localizing production in the U.S. and will manufacture hybrid vehicles at a new factory in Georgia [5] - Inventec has agreed to invest up to $85 million to build manufacturing facilities in Texas [6] - Lavazza plans to increase its U.S. production from 50% to 100% of its sales [7] - Nissan is considering moving production of its Sentra automobile from Mexico to the U.S. and shifting some domestic production of U.S.-bound vehicles [8] - Novartis plans to invest $23 billion to build and expand 10 facilities in the U.S. [9] - Roche will invest $50 billion in the U.S. over the next five years and announced an additional $550 million for its Indianapolis diagnostics manufacturing hub [10] - Rolls-Royce plans a $75 million investment to enhance U.S. manufacturing capabilities in South Carolina [11] - Samsung Electronics is considering relocating dryer manufacturing from Mexico to its South Carolina plant [13] - Sanofi plans to invest at least $20 billion in the U.S. through 2030 to enhance manufacturing and research [14] - Stellantis is set to invest about $10 billion in the United States [15]

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For Europe's central bankers, President Trump's tariff blitz has been a bit of a nonevent. ...