Tag: Tariffs
Chinese Baby Products Company Expanding in US Despite Tariffs
U.S. births increased by a modest 1% in 2024, totaling 3.6 million births for the year, as reported by the CDC's National Center for Health Statistics. A serene image of a woman strolling along...
Jamie Dimon Warns of Market Complacency on Tariffs, Foresees S&P 500 Earnings Decline
Jamie Dimon, the big boss over at JPMorgan Chase, bounced out of the U.S. Capitol after a chit-chat with some Republican senators about de-banking on Feb. 13, 2025. The man means business, folks. The...
Trump Urges Walmart to Absorb Tariffs, Threatens Price Hikes
People were out shopping at a Walmart in Rosemead, California, on April 11, 2025. The scene was bustling as customers browsed the aisles for deals and essentials. President Donald Trump took to Truth Social...
Warren Buffett Criticizes Tariffs: Trade Shouldn’t Be Weaponized
Warren Buffett went on a bit of a rant in Omaha, Nebraska, criticizing President Trump's trade policy. He didn't call out Trump by name, but he made it clear that he thinks slapping tariffs...
Barclays Bank Profit Beats, Prepares for Tariff Impact
So, like, guess what? British bank Barclays totally crushed it in the first quarter, beating expectations on both the top and bottom lines. Pre-tax profit soared to £2.7 billion ($3.6 billion), which is an...
Effects of Tariffs on U.S. Consumer Inflation and Recession
Amid the bustling waterfront of Portland, Maine, U.S., shadows of shoppers fall on the pavement as they navigate the streets with their bags in tow. This picturesque scene belies a deeper truth - cracks...
Trump Addresses Congress with DOGE, Tariffs, Ukraine at 9pm
President Donald Trump is gearing up to deliver his State of the Union address to a joint session of Congress, marking a crucial moment amidst economic uncertainties and political tensions. With the stock market...
Potential Market Correction Due to Tariffs and DOGE Cuts
Renowned Investor Predicts Market Correction Amid Tariffs and DOGE CutsIn a recent interview with CNBC on April 3, 2024, Steve Cohen, the chairman and CEO of Point72, shared his concerns about the U.S. economy...
Replacing Income Taxes with Tariffs: Trump’s Plan Explained
Former President Donald Trump recently discussed his plan to replace income taxes with tariffs during an interview with Joe Rogan. Trump emphasized the need to protect American jobs and factories from foreign competition by...
Trump Administration to Expedite Tariffs, According to Wall Street Report
The former US trade representative, Robert Lighthizer, has reportedly been discussing the possibility of implementing significant tariffs under a potential second term of President Donald Trump. Lighthizer has been meeting with investor groups and...
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...
Canada: America’s NAFTA Rival
America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During a news conference, Trump praised the trade relationship between the...
Mexico’s Plan to Impact American Corn Farmers
Mexico is considering making a significant change that could have a big impact on American corn farmers. Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, announced that he will...