Tariffs

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Ford CEO says $2 billion in tariff costs prevents more US investments
Yahoo Finance· 2025-09-30 21:30
The cost of tariffs is weighing heavily on Ford (F). "I mean, it's frustrating 'cause we're the most American auto company, and we export the most, and yet, we have this $2 billion headwind, which prevents me from investing even more in the US," Ford CEO Jim Farley told Yahoo Finance at Ford's Pro Accelerate conference in Detroit. Farley said imported parts — such as wiring looms, fasteners, sensors, and brake components — are sourced from countries like China, Canada, Mexico, Japan, and South Korea. Tar ...
US Government Shutdown Latest: No Deal After Meeting & Trump Gaza Plan | Daybreak Europe 9/30/2025
Bloomberg Television· 2025-09-30 20:12
JOUMANNA: GOOD MORNING. THIS IS BLOOMBERG DAYBREAK EUROPE. I’M JOUMANNA BERCETCHE.GOLD SETS ANOTHER RECORD. VICE PRESIDENT J. D.VANCE STAYS U.S. GOVERNMENT IS HEADING FOR A SHUTDOWN. DONALD TRUMP ADDS NEW TARIFFS ON LUMBER AND WOOD PRODUCTS. BENJAMIN NETANYAHU AGREED TO A 20-POINT PROPOSAL TO END THE WAR IN GAZA BUT HAMAS FAILED TO RESPOND TO THE PLANS.KEIR STARMER ADDRESSES THE LABOR PARTY’S ANNUAL CONFERENCE. WE’LL PREVIEW THE SPEECH. JOUMANNA: WELL, GOOD MORNING AGAIN EVERYBODY.SO MUCH TO GET THROUGH TOD ...
Malibu Boats CEO: Boat industry hasn't come back but it isn't tailing off
CNBC Television· 2025-09-30 19:31
and the CEO Stephen Manettto joining us now. Stephen, thank you for joining us. Feel kind of silly out here in a suit talking about boats.I'd rather be on the boat. Uh, how is your business doing right now. Because many would view this be these are beautiful boats, by the way, as a discretionary item.How do you see the consumer right now. >> We're we're we're chopping right along here. So, we're we're not seeing a a comeback yet of the industry, but we're also not seeing a tailing off.So the cash buyer is p ...
Malibu Boats CEO: Boat industry hasn't come back but it isn't tailing off
Youtube· 2025-09-30 19:31
Core Insights - The company is experiencing stable business performance without significant downturns or recoveries in the industry, indicating resilience in consumer demand for boats [1][3] - Cash buyers remain strong in the market, while payment buyers are showing some reduction in activity [2][3] - The introduction of 11 new boat models this year has contributed to maintaining consumer interest and sales [3] Pricing and Tariffs - Tariffs have resulted in a price increase of approximately 1.5% to 3% due to impacts on suppliers, but the overall effect is manageable [4] - The company is actively working to offset these price increases to maintain competitiveness [4] Market Segmentation - Sales are steady across various price points, with a noted decline in value boats being compensated by increased sales of higher-end models, including boats priced up to $2 million [6][7] - The company plans to expand its offerings to include larger and more feature-rich boats in response to consumer preferences [8] Technology and Responsible Boating - The company is focusing on integrating advanced technology into boats to enhance user experience while promoting responsible boating practices [10][11] - Collaboration with industry organizations is ongoing to address concerns related to boating impacts on lakes and shorelines [11] Consumer Sentiment and Economic Policy - The company emphasizes the need for improved consumer confidence and sentiment to drive sales, indicating that current economic policies may not be resonating with consumers [13]
Bank of America Securities Maintains a Neutral Stance on Pfizer Inc. (PFE)
Insider Monkey· 2025-09-30 18:49
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Elizabeth Warren Says Trump Is Wishing Everyone A 'Happy National Coffee Day' By Raising Prices Over 20% With His 'Chaotic Tariffs'
Yahoo Finance· 2025-09-30 18:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump for his wishes on National Coffee Day on Monday, while his chaotic trade and tariff policies result in a surge in coffee prices. ‘Chaotic Tariffs’ Lead To Surge In Coffee Prices On Monday, in a post on X, Warren said, “Donald Trump is wishing everyone a happy National Coffee Day,” while noting that his “chaotic tariff” policies have led coffee ...
Pfizer CEO: 'The big winner of this deal clearly will be the American patient'
CNBC Television· 2025-09-30 18:00
The big winner of this deal clearly will be the American Pac. There is no doubt about it. They are the ones that will see significant impact in their ability to buy medicines.But I would argue that uh it is not the only winner. I think who else is a winner here. It is American innovation and American economy.In our industry, we had two major overhangs that have substantially reduced our valuations and create concerns for us in our ability to invest. We are addressing both of them right now and I will speak ...
President Trump says pharma companies who don't make a deal will face tariffs
NBC News· 2025-09-30 17:52
Over the next week, we're making deals with all of them. And I I said if we don't make a deal, then we're going to tariff them an extra five, six, seven, 8%, whatever the difference is, and we'll take it that way. So, we took away the advantage by the fact that we have tariffs. We took away the advantage that they would have of just saying no, and we couldn't do anything about it. If they do that, what we do is we put a tariff on them of an equivalent amount, and we take it that way.And nobody wants to play ...
Trump unveils 10% tariff on wood, delays 25% duties on kitchen cabinets, furniture
New York Post· 2025-09-30 17:10
President Trump on Monday unveiled new 10% tariffs on wood imports, while also delaying 25% duties on kitchen cabinets, bathroom vanities and upholstered furniture by two weeks to Oct. 14.In a White House proclamation, Trump shared details on incoming tariff blasts that he initially announced in social media posts last week, though he didn’t expand on proposed rates on pharmaceutical drugs and heavy trucks.He warned that tariffs on upholstered furniture will jump to 30% and rates on kitchen cabinets and bat ...
Forecasting two more rate cuts of 25 basis points each in 2025, says Binky Chadha
CNBC Television· 2025-09-30 16:50
Let's get back to the broader markets and talk about what to expect going into year end. All as the Dow tracks for its fifth positive quarter in a row. S&P NASDAQ pacing for their seventh positive quarter in eight.Joining us here this morning at Post 9, Deutsche Bank chief US equity strategist and global strategist Binky China. Binky, it's great to have you in. >> Thanks to you.So year end 7K >> and 10 year almost four and a half, right. >> That's right. >> Market can deal with that.>> Uh I believe so. Yeah ...