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X @Bloomberg
Bloomberg· 2025-07-14 13:46
The world’s largest swimming pool maker will likely hike prices for a second time this year as a result of US President Donald Trump’s proposed tariffs https://t.co/WJox8AxLcc ...
X @Bloomberg
Bloomberg· 2025-07-14 11:02
Trump's tariffs target US trading ties both big and small https://t.co/4zYm5DrWpa ...
X @Forbes
Forbes· 2025-07-13 05:00
The overall combination of Trump’s various tariffs will balance out to an 18% effective tariff rate on U.S. consumers—assuming the announced tariffs take and stay in effect—which the analysis notes would be the highest effective tariff rate since 1934. https://t.co/xdIJrBHWNt https://t.co/4NyWscPdCU ...
X @The Wall Street Journal
From @WSJopinion: President Trump likes tariffs for their own sake, and the latest evidence is his bewildering decision to slap a 50% tax on copper imports. How this will help the U.S. economy is a mystery. https://t.co/9Bl69kn5E3 ...
The U.S. is the kid who ‘farted at the lunch table’: How Trump’s tariffs are driving away allies
MSNBC· 2025-07-12 21:45
Joining me now is Justin Wolfers, professor of economics and public policy at University of Michigan. He's the author of the book on economics, principles of economics, a textbook created around the idea that every decision is an economic decision. Justin, welcome back to the show.I have to say I I had great pause about inviting you back because I didn't want to waste your time, right. I thought Wednesday was going to be a big important day and we get some insight into what this administration is trying to ...
How retailer Ralph Lauren deals with tariffs and uncertainty
Bloomberg Television· 2025-07-12 07:00
Cost Management Strategies - The company has a proven toolkit to manage cost headwinds, suggesting experience in navigating challenging economic conditions [1] - Diversified sourcing and strategic partnerships with suppliers are key strategies to manage costs throughout the supply chain [2] - The company possesses strong brand pricing power, allowing for selective pricing and promotional activities when needed [2] External Factors - Tariffs continue to evolve, creating uncertainty for the company [1] - Prior cost headwinds, such as increased cotton prices, have been successfully managed [2] Focus on Consumer - The company's primary focus is on engaging consumers through storytelling, products, and experiences [2]
'Incompetence': Trump threatens American economy with tariff letters
MSNBC· 2025-07-12 04:15
Tariffs and Trade Policy - The Trump administration's tariff policies are confusing and chaotic, marked by rollouts and rollbacks, indicating incompetence in trade policy handling from the White House [1] - President Trump announced new tariff rates, including a 35% tariff on Canada, despite lacking finalized deals with trading partners [1] - The motivation behind tariffs on Canada is questioned, with the administration citing fentanyl concerns despite minimal fentanyl seizures from the northern border (43 pounds out of 21,000 pounds seized) [2] - Economic policy is being used for political ends, such as imposing tariffs on Brazil to influence the situation of the former president, Bolsinaro [4][5] - Large-scale tariffs are considered detrimental to the American economy by economists, contrasting with the benefits of free trade [8] - The imposition of tariffs could negatively impact the economy, potentially affecting consumer prices and leading to economic challenges [11] Political Implications and Congressional Response - Congress has ceded too much authority to the president regarding tariffs, although legal challenges are possible [13] - Republicans in Congress are hesitant to challenge President Trump's trade policies, fearing political repercussions [18] - Wall Street anticipates that President Trump may not fully implement the announced tariffs [22] - The Republican party has been remade in President Trump's image, with fewer dissenting voices in Congress [25]
Trump tariffs and the Supreme Court, and why this professor says Tim Cook is a valuable CEO.
Yahoo Finance· 2025-07-11 22:55
Jay Woods as well as Yahoo Finances. Alec Canal joins us here to break down the move today. Ally, let's start with you on that close. Right. Well, unfortunately, Josh, we're seeing red across the screen here. We're seeing losses being led by the Dow off around 300 points to finish the day. The Nasdaq uh finished the day a more modest 210 of a percent lower and then the S&P 500 also off about 3/10en of a percent. If we take a look over a 5day period, we're also going to be booking some losses there. Dow off ...
X @Forbes
Forbes· 2025-07-11 22:00
The overall combination of Trump’s various tariffs will balance out to an 18% effective tariff rate on U.S. consumers—assuming the announced tariffs take and stay in effect—which the analysis notes would be the highest effective tariff rate since 1934. https://t.co/Cvacus0Lmv https://t.co/MvHWEm2rZp ...
X @The Wall Street Journal
From @WSJopinion: President Trump likes tariffs for their own sake, and the latest evidence is his bewildering decision to slap a 50% tax on copper imports. How this will help the U.S. economy is a mystery. https://t.co/u1ddmkCHr9 ...