Tariff

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X @Bloomberg
Bloomberg· 2025-08-29 14:14
US consumer sentiment declined to a three-month low as tariff-related concerns about the economic outlook and inflation persisted https://t.co/tXUNmPvh0R ...
How the end of ‘de minimis’ exemption could impact businesses and consumers
CNBC Television· 2025-08-29 13:08
Now, the US ending a tariff exemption earlier this morning for lower value packages. The closing of the so-called dimminimist loophole could disrupt supply chains for e-commerce companies, small businesses, and their customers. Megan Cassella joins us now with more from Washington.Hey, Megan. Hey guys, good morning. So, that's right.This was nearly a century old trade loophole. And while the president already closed it earlier this year for packages from China and Hong Kong, it's now eliminated for everyone ...
【突發】川普這次踢到鐵板?50%關稅反讓印度轉向中俄!全球格局要翻盤了!
堆金積玉· 2025-08-29 11:15
US-India Trade Relations - The US imposed a 50% tariff on goods imported from India due to India's continued purchase of Russian oil [1] - This action contradicts Apple CEO's announcement of increasing iPhone manufacturing in India for the US market [1] - India is re-evaluating its relationship with China and Russia due to the US's unfriendly attitude [1] India's Geopolitical Shift - Indian Prime Minister Modi is scheduled to visit China in 2025 for the SCO summit, signaling a potential shift in relations [1] - India is deepening its strategic partnership with Russia, despite US sanctions [1] - India's actions suggest a stronger alignment with the BRICS economic alliance [1]
5 Things To Know: August 29, 2025
CNBC Television· 2025-08-29 11:12
Five things to know ahead of today's opening bell. Shares of industrial giant Caterpillar, they are down in the pre-market. The company says that tariff related costs will be higher than previously forecast.For 2025, CAT is now expecting a tariff hit of between 1.5% and$ 1.8% billion. That's up from its guidance earlier this month of up to$ 1.5% billion. Meanwhile, shares of retailer Gap, they're under pressure.retailer that has Gap and Outer Republic Old Navy brands all saw comp sales increase, but Athleti ...
X @Bloomberg
Bloomberg· 2025-08-29 11:01
UBS cut its growth forecast for Switzerland next year and predicted a sustained impact on the economy as long as Trump’s 39% tariff remains in force https://t.co/PevcauLq0d ...
Indian Exporters Are Expanding Production in Africa to Dodge US Tariff
Bloomberg Television· 2025-08-29 06:08
Engine companies are scrambling to offset the pain from steep new U.S. tariffs. Export is racing to Africa in search of a tariff haven after Washington slapped a 50% duty on some Indian goods earlier this week. Now for more.Bloomberg sends you're Ganga joins us now from Kigali Rwanda. And you were yesterday we were talking about China seeing the opportunity and sizing up the opportunity in the African continent. Now, India as well, looking for new markets.Absolutely. Jomana, and you just mentioned in the in ...
X @Bloomberg
Bloomberg· 2025-08-29 04:05
President Donald Trump has ended the de minimis exemption that allowed cheap goods to pass through US customs tariff-free for nearly 90 years. How will the new rules impact American shoppers? Here's what to know. https://t.co/6NklM3AgZO ...
Tariff discussion will be front-and-center for Gap call, says retail investor Dana Telsey
CNBC Television· 2025-08-28 21:03
app. Shares of the retailer lower after an earnings beat, but revenue miss. Let's bring in Dana Telsey, CEO of Telsey Advisory Group.Uh Dana, this seems like a dramatic reaction. Does this have to do with the revised tariff expectations. >> That's what it is due to because when you take a look at the earnings, as you mentioned, they came in a little bit better than the consensus numbers.You did see the store sales weakened down 1%. online was stronger up 3% but the weaker gross margin with the merchandise m ...