Australia has imposed a 10% tariff on steel ceiling frames from China, following an investigation by the nation’s Anti-Dumping Commission https://t.co/0Mr8FSxzpH ...

Core Insights - Newell Brands faced challenges in fiscal 2025 due to tariff-related disruptions and multiple pricing actions, which hindered expected sales growth despite improvements in margins, productivity, and supply chain resilience [6][5][11] Financial Performance - Fourth-quarter net sales were reported at $1.9 billion, a decrease of 2.7% year-over-year, with core sales down 4.1% [11] - For the full year, net sales totaled $7.2 billion, down 5%, and core sales decreased by 4.6% [14] - Normalized gross margin for Q4 was 33.9%, down 70 basis points year-over-year, but would have increased significantly without tariff-related headwinds [12] - Normalized operating margin in Q4 was 8.7%, up 160 basis points year-over-year, although slightly below expectations due to higher promotional activity [13] Strategic Initiatives - The company implemented a global productivity plan in Q4 aimed at enhancing competitiveness and simplifying operations, with significant progress reported in the U.S., Latin America, and Asia [2] - Newell reduced its sourcing exposure from China to below 10%, down from approximately 35% a few years ago, which improved supply chain resilience [3] Segment Performance - The Learning & Development segment was noted as the most resilient, with brands like Sharpie and Expo contributing to its performance [7] - The Baby segment showed strong performance despite tariff challenges, with Graco achieving a 160-basis-point increase in market share for the full year [7] - The Kitchen segment faced pressure due to soft demand and distribution losses, but pricing and promotional levels were adjusted to meet market needs [8] 2026 Outlook - Management anticipates a category decline of about 2% in 2026 but expects to outperform and grow market share for the first time since the Jarden acquisition [16] - Guidance for 2026 includes net sales expected to decline 1% to increase 1%, with core sales ranging from down 2% to flat [17] - The company projects normalized EPS of $0.54 to $0.60 for 2026, with operating cash flow expected to be between $350 million and $400 million [19]

India’s exports to the US will be subject to a reduced tariff rate of 18% once the two sides sign a joint statement, the country’s trade minister said https://t.co/ekP3Wgs3eh ...

South Korea’s top diplomat met with Secretary of State Marco Rubio as Seoul scrambles to avoid a threatened US tariff hike to 25% https://t.co/mOxiKzWtqA ...

Prime Minister Narendra Modi confirmed part of an agreement posted on social media by Donald Trump in which the US president said he will lower the US tariff on Indian goods to 18%: Here’s your Evening Briefing https://t.co/LRIp0LyueZ ...

Kate Rooney, back to this in just a moment. I do want to get to Washington where we have breaking news from Aean Jabvers who's at the White House. Aean.>> Yeah, Scott. That's right. [music] President Trump uh posting on social media just a short time ago that he has spoken to Prime Minister Modi of India.He says they came up with a number of agreements in that conversation. The first one is that the president says that India will stop buying Russian oil. That's according to the president's social media post ...

The US has agreed to remove a 25% additional tariff imposed on India for buying Russian oil, an official in New Delhi familiar with the matter said. https://t.co/WnBnHyJex8 ...

U.S. President Donald Trump said he had spoken with Indian Prime Minister Narendra Modi and reached an agreement on trade under which the United States will lower its “reciprocal tariff” on Indian goods from 25% to 18%, while India agreed to stop purchasing Russian crude and committed to buying more than $500 billion worth of U.S. energy, technology, agricultural, coal, and other products. https://t.co/75NSj3St9s ...

Donald Trump said he was lowering his extra 25% tariff to Indian goods to 18% after Prime Minister Narendra Modi agreed to stop buying Russian crude https://t.co/glVoUUVg9l ...

Market Reactions - The announcement of Kevin Warsh as the next Federal Reserve Chair led to initial market volatility, with the Dow Jones Industrial Average (DJIA) dropping 139.16 points (0.28%) before recovering to close up 55.96 points (0.1%) at 49,071.56 [3][11] - The S&P 500 (SPX) experienced fluctuations, closing down 0.4% at 6,939.03 after earlier dipping as much as 1.1% [3][11] - The NASDAQ Composite (IXIC) ended the day down 0.7% at 23,685.12, marking a mixed market response overall [3][11] Commodity and Bond Market Impact - Gold prices fell over 4% to $5,115.60, while silver dropped nearly 13%, indicating a shift in investor sentiment [4] - The 10-year Treasury yield increased to 4.25% from 4.24%, reflecting changing bond market dynamics [4] Trade Policy Developments - President Trump's executive order on January 30, 2026, imposed tariffs on nations supplying oil to Cuba, causing immediate fuel shortages in Havana and raising concerns about a humanitarian crisis [7][8] - The price of WTI Crude Oil saw a slight decrease of 0.29% to $65.27, with potential long-term risk premiums of 8-15% anticipated due to supply constraints [8] Aviation Sector Reactions - The threat of a 50% tariff on Canadian-made aircraft, particularly affecting Bombardier, led to a 9% drop in Bombardier shares on January 30, 2026 [10] - The aviation sector reacted negatively to the announcement, with experts expressing skepticism about the tariffs' implementation but acknowledging the significant financial implications [10] Overall Market Trends - Despite the tumultuous events, the DJIA recorded its ninth consecutive month of gains, while the SPX ended January with its eighth positive month in nine [11] - The IXIC, however, closed lower for the month, breaking a seven-month winning streak, indicating varied performance across indices [11] - Trading volume on January 29, 2026, was notably high at 23.36 billion shares, suggesting active investor engagement amid policy uncertainty [12]