Tariff
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Here's who is behind the Reagan anti-tariff ads that got Trump to ditch trade talks with Canada
MarketWatch· 2025-10-24 16:08
Ontario's center-right leader, Doug Ford, says he launched the $75 million U.S. ad campaign hoping to spark a war between free-trade Reagan Republicans and Trump's MAGA supporters. ...
Intel, Lenovo Point to AI-Driven Book for PCs | Insight with Haslinda Amin 10/24/2025
Bloomberg Television· 2025-10-24 05:57
Actually, on November 1st, the tariff for China goes to 157%, which is record setting territory. And we don't want that because it's not sustainable for them. They can't sustain that.We don't want them to have to go through that. So a meeting with President Xi and I would say the first we have some big issues with the farmers and various other things. But the first question I'm going to be asking him about is fentanyl.Ahead of his sit down with Xi Jinping. President Trump says he's confident of getting a de ...
X @BBC News (World)
BBC News (World)· 2025-10-24 03:29
RT BBC Breaking News (@BBCBreaking)Trump says US terminating all trade talks with Canada due to anti-tariff advert https://t.co/mHFtJzVXMC ...
Budget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’
Yahoo Finance· 2025-10-23 10:49
The likes of JPMorgan CEO Jamie Dimon , Bridgewater Associates founder Ray Dalio , and Citadel CEO Ken Griffin have all sounded the alarm from the private sector on government debt, and public committees are ramping up their warnings on Capitol Hill about the future of America’s finances.Even for the world’s biggest economy, the debt mountain that America has accumulated is eye-watering. The problem isn’t the $38 trillion itself. In fact, the trading of government debt is the basis of the bond market, a pil ...
X @The Economist
The Economist· 2025-10-22 14:00
Her biggest challenge will be forging a connection with Donald Trump. She may regret the tariff and investment deal struck by her predecessor, but she knows Japan cannot afford to alienate its sole security ally https://t.co/dCggwU8SaK ...
US May Cut Tariff on India to 15-16% in Trade Deal: Report
Bloomberg Television· 2025-10-22 10:16
India based Mint newspaper reporting that New Delhi and Washington may be nearing a trade deal that could cut tariffs on Indian exports for around 50% to as low as 15%. Let's bring in Bloomberg's Brendan Murray for more. The teams were obviously busy, Brendan.What kind of an agreement may they have come to. Given this report. Yeah, exactly.I mean, this deal has been months in the making and it would be a significant step. The US and India have tried to make a deal in various phases, three and four phases ov ...
2 Luxury Goods Companies With Looming Tariff Costs. Should Investors Be Worried?
Yahoo Finance· 2025-10-22 09:45
Group 1: Apple Inc. - Apple has incurred significant tariff costs, paying $800 million in tariffs during the June quarter and expecting $1.1 billion in the September quarter, which, while a small proportion of total profit, is still notable [1][9] - CEO Tim Cook has pledged to invest $600 billion in the U.S. over the next five years, which may help Apple mitigate some tariff impacts [3][9] - The company is facing uncertainty regarding future tariffs, especially with ongoing trade negotiations with China and potential 100% tariffs on foreign-made semiconductors [8][10] Group 2: RH (Restoration Hardware) - RH's stock has declined over 50% in 2025, impacted by new furniture-specific tariffs announced by President Trump, which include a 30% duty on upholstered furniture and a 50% tariff on kitchen cabinets [12][14] - The company plans to produce 52% of its upholstered furniture in the U.S. by the end of the fiscal year, which may help mitigate some tariff impacts [16] - Despite the luxury brand's pricing power, the slow housing market poses challenges for passing on costs to consumers, leading to uncertainty about the overall tariff impact on RH [18][19]
