America’s economy continues to grow, despite Donald Trump’s tariffs. Our editors ask whether they were wrong about the president’s trade policy.Watch the latest episode of Insider: https://t.co/HYtziedZHQ https://t.co/VEHqvUYPJB ...

Market Volatility and Earnings - The market has experienced increased volatility, particularly following a significant selloff after reaching all-time highs [3][5] - Earnings season is currently underway, with major banks reporting lackluster results, which has negatively impacted market sentiment [5][8] - Upcoming earnings reports from major companies like Tesla, Apple, Amazon, and Netflix will significantly influence market movements [8][18] Economic Factors - The Federal Reserve's decisions are crucial, especially in light of the government shutdown affecting data availability [9][10] - Inflation remains a concern, with the Fed aiming for a 2% target, though it may stabilize around 3% [10][11] - Ongoing trade issues with China and tariffs continue to create uncertainty in the market [11][15] Company-Specific Insights - Amazon has been underperforming compared to its peers, with potential for further declines [16][17] - Apple’s upcoming earnings will be closely watched, particularly regarding iPhone sales and tariff impacts [18] - The interconnectedness of global markets means that developments in trade and tariffs will affect major companies significantly [19] Investment Sentiment - Current market conditions suggest caution for new investors, as prices may still decline further [20] - The recent market fluctuations highlight the unpredictability driven by external factors, including political commentary [21]

Core Viewpoint - General Motors is experiencing positive momentum driven by electric vehicles (EVs) and strong truck sales, with expectations for solid third-quarter results [1][2] Revenue Expectations - Analyst Daniel Ives projects approximately $45 billion in revenue for the third quarter, supported by recent delivery trends [2] - General Motors is expected to report third-quarter revenues of $41.853 billion and earnings per share of $2.26 [6] Delivery Performance - Year-to-date delivery gains are in double digits for both EV and internal-combustion models, indicating broad brand strength and firm pricing [3] - EV deliveries increased by 8% year over year, totaling 66,501 units, as buyers sought to secure the $7,500 federal tax credit [3] Tariff Challenges - Tariffs are impacting General Motors' sourcing and earnings, with estimated costs between $4 billion and $5 billion for the year [4] - The previous quarter saw a net hit of $1.1 billion from tariffs, with limited mitigation efforts so far [4] Strategic Investments - General Motors is investing $4 billion in U.S. plants located in Michigan, Kansas, and Tennessee to expand production capacity and counter tariff exposure [5] - Manufacturing adjustments and cost initiatives are expected to provide clearer offsets to tariff impacts later in the year [5] Market Performance - General Motors shares rose by 2.51% to $58.78 at the time of publication, reflecting positive market sentiment [6]

Core Viewpoint - General Motors is experiencing positive momentum driven by electric vehicles (EVs) and strong truck sales, with expectations for solid third-quarter results [1][2][6] Revenue Expectations - Analyst Daniel Ives projects approximately $45 billion in revenue for the third quarter, supported by recent delivery trends [2] - General Motors is expected to report third-quarter revenues of $41.853 billion and earnings per share of $2.26 [6] Delivery Trends - Year-to-date delivery gains are in double digits for both EV and internal-combustion models, with EV deliveries increasing by 8% year over year to 66,501 units [3] - The demand for EVs is bolstered by buyers seeking to secure the $7,500 federal tax credit, with pull-forward demand expected to continue [3] Tariff Impact - Tariffs are exerting pressure on General Motors' sourcing and earnings, with estimated costs between $4 billion to $5 billion for the year [4] - Last quarter, tariffs resulted in a net hit of $1.1 billion, with limited mitigation efforts so far [4] Strategic Investments - General Motors is investing $4 billion in U.S. plants located in Michigan, Kansas, and Tennessee to expand production capacity and counter tariff exposure [5] - Manufacturing adjustments and cost initiatives are anticipated to provide clearer offsets to tariff impacts later this year [5] Market Performance - General Motors shares rose by 2.51% to $58.78 at the time of publication [6]

Trade Negotiations with China - Trade negotiations with China are ongoing, with potential meetings planned in South Korea [1] - The speaker expresses a positive outlook on the trade relationship with China [1] - China desires to engage in discussions [2][5] Historical Trade Imbalance - The speaker asserts that the US previously experienced significant financial losses, "hundreds of billions of dollars a year," due to trade practices with China [2] - These financial losses are claimed to have contributed to China's military development [2] Tariffs and Revenue - The speaker implemented "very severe tariffs" on Chinese goods, resulting in "hundreds of billions of dollars" in revenue during their first term [3][4] - The current administration is perceived to have weakened the impact of these tariffs through exceptions [3] - Tariffs are viewed as a source of strength and leverage in the trade relationship [5]

Stocks rose Friday afternoon as investors weighed the health of the banking sector and comments from President Donald Trump about threatened extra tariffs on Chinese goods. https://t.co/AWRdG6891V ...

Trade War & Tariffs - The report suggests that a full-blown trade war initiated by the US is unlikely, implying potential negative consequences for the US economy [1] - The report indicates that such a trade war could potentially lead to the collapse of the USA [1] Market Outlook - The report expresses a bullish outlook on the long-term prospects of the cryptocurrency market [1]

Core Points - President Trump may attend Supreme Court oral arguments regarding tariffs, potentially making him the first sitting president to do so [1] - The case is deemed crucial for the future of Trump's trade policy, with Trump stating that losing could lead to significant financial issues for the country [4] - The Trump administration has seen record-breaking tariff revenues, with August and September alone generating $62.6 billion [4][5] Tariff Revenue - Total duty revenue for fiscal year 2025 reached $215.2 billion, as reported by the Treasury Department [5] - The administration has emphasized tariffs as a means to address trade imbalances, which is a key aspect of its economic strategy [5] Trade Imbalance Commentary - Trump has characterized the U.S. as having been significantly disadvantaged by trade practices, particularly with countries like China and EU member states [7] - He asserts that the U.S. is no longer being taken advantage of in trade agreements [7]

President Trump's tariffs are packing a trillion dollar punch. According to new analysis from S&P Global, Trump's sweeping trade measures will cost global businesses more than $1.2% trillion in 2025, and most of that will be passed on to consumers. In a white paper out Thursday, S&P says the estimate drawn from data on some 9,000 companies is probably conservative.The report calls tariffs a systemic transfer of wealth from corporate profits to workers, governments, and infrastructure investors. President Tr ...

Industry Impact - Shale fracker leader criticizes tariffs on steel and oilfield staples, deeming them inefficient and detrimental to business [1] Policy & Regulation - Tariffs on steel and other oilfield staples are viewed as negative for the shale fracking industry [1]