Tariff
Search documents
President Trump announces 19% tariff on imports from Indonesia
CNBC Television· 2025-07-15 18:55
Megan Cassella has them. Megan, hey, Kelly. So, the president now posting on Truth Social a few more of these details of this topline trade framework with Indonesia.He says as part of the agreement, Indonesia is committed to purchasing $15 billion in US energy, $4.5% billion in American agricultural products, and 50 jets from Boeing. Many of them, he says, will be 777s. He also goes on to say later that if there's any trans shshipment from a higher tariff country, that tariff will be added on to the tariff ...
Trump announces 19% tariff on imports from Indonesia
CNBC Television· 2025-07-15 18:06
Trade Agreements - US exports will have full access to the Indonesian market without tariffs [1] - Indonesian imports to the US will face a 19% tariff, reduced from a threatened 32% [1][2] - The 19% tariff will impact goods like palm oil, tires, rubber, electronics, and footwear [2] - An agreement with India, similar to the one with Indonesia, is suggested to be close, involving more market access for US exporters [3][4] - The US is in contact with the EU to potentially reach an agreement [4] Monetary Policy - Criticism of the Federal Reserve was repeated, stating inflation is very slight and the Fed should lower interest rates immediately [5] Geopolitics - If Russia doesn't agree to a ceasefire within 50 days, secondary tariffs and sanctions will take effect [6]
First Solar Gains 29.3% in Past 3 Months: Should You Buy the Stock?
ZACKS· 2025-07-15 15:16
Core Viewpoint - First Solar Inc. (FSLR) has shown strong stock performance, gaining 29.4% over the past three months, outperforming both the solar industry and broader market indices [1][9]. Company Performance - FSLR's stock performance is attributed to aggressive expansion plans, including the start of operations at its fourth U.S. manufacturing facility in Q2 2025 [4]. - The company plans to add approximately four gigawatts (GW) of new capacity, aiming for an annual manufacturing capacity exceeding 25 GW by the end of 2026 [5]. - FSLR has entered contracts for the future sale of 66.1 GW of solar modules, valued at $19.8 billion, expected to contribute to revenue through 2030 [10]. Market Outlook - The growth prospects for FSLR are supported by ongoing capacity expansion and a strong demand outlook for solar energy [7]. - The Zacks Consensus Estimate for FSLR's long-term earnings growth rate is 34.5%, surpassing the industry's growth rate of 23.1% [11]. Financial Estimates - The Zacks Consensus Estimate indicates revenue growth of 18.2% and 18.3% for 2025 and 2026, respectively [15]. - Current estimates for FSLR's 2025 and 2026 revenues are $4.97 billion and $5.88 billion, respectively [16]. Valuation Metrics - FSLR shares are trading at a premium, with a forward Price/Sales (P/S F12M) ratio of 3.16, compared to the industry average of 1.27 [18]. - Competitors Canadian Solar (CSIQ) and SolarEdge Technologies (SEDG) are trading at lower P/S ratios of 0.13 and 1.30, respectively [19].
Calm before the storm? Inflation accelerated in June amid early signs of tariff impact
MSNBC· 2025-07-15 15:10
Welcome back. If it feels like the cost of things has been going up again lately, a new inflation report released just this morning confirms you are not wrong. Largely viewed as the first real show of impact from President Trump's tariff agenda, the country's 12-month inflation rate is up for a second consecutive month, hitting 2.7%.Now, it's what economists had warned was coming, not necessarily the economic doomsday at this point, but new tariff threats could wreak more havoc in the coming months. So, let ...
X @Bloomberg
Bloomberg· 2025-07-15 12:38
Treasury Secretary Scott Bessent suggested the deadline for a US-China tariff truce slated to end next month is flexible https://t.co/6COIRW7vER ...
X @BBC News (World)
BBC News (World)· 2025-07-15 11:03
Trump imposes 17% tariff on Mexican tomatoes https://t.co/drXKgCDv9A ...