Steel, tariff
Digest more
Top News
Overview
Highlights
US tariffs and the ensuing trade tensions are likely to indirectly impact China's state-owned, global systemically important banks due to their limited overseas exposures.
Shares of Gap Inc. tumbled Friday after the apparel retailer warned of the negative impact of tariffs on its full-year earnings in its latest quarterly report.
Brown-Forman forecast a decline in annual revenue and profit on Thursday, as the Jack Daniel’s maker navigates soft consumer spending amid tariff-related uncertainties, sending its shares plunging about 17%.
As protectionist policies proliferate and macroeconomic instability persists, business leaders must deploy sophisticated strategies to maintain a competitive advantage.
The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy.
17h
Just Auto on MSNUS vehicle market slows as industry braces for tariffs impact – GlobalDataAccording to preliminary estimates, US Light Vehicle (LV) sales grew by 1.5% year-on-year (YoY) in May 2025, to 1.46 million units. May 2025 had one extra selling day compared to May 2024, meaning that sales fell by 2.
Despite Best Buy’s projection that tariffs will stay at the current levels for the rest of the year, the company doesn’t see a change in consumer behavior.
Apart from the trade and financial implications, the tariff policies create a paradigm shift in tech talent exchange between the U.S. and India.
US indexes inched up on Thursday, giving up most gains as investors assessed the latest trade developments after an appeals court reinstated Trump's tariffs.
Signet Jewelers Ltd. (NYSE:SIG) shares are trading higher on Tuesday after the company reported stronger-than-expected first-quarter 2025 earnings. The company posted revenue of $1.54 billion, a 2% increase from the prior year,
Jack Daniels maker Brown-Forman forecast a disappointing year ahead, saying geopolitical uncertainty had hit consumers' discretionary spending. Brown-Forman’s net sales fell 7% last quarter from to a year earlier.
International settlement house Euroclear says the impact of President Trump's tariffs have been limited so far. Settlement activity increased in the first quarter because of market volatility driven by geopolitical uncertainty.