tariffs Archives - CFO

Biden’s Trade Policy Stresses Investment in U.S. Jobs

Biden’s Trade Policy Stresses Investment in U.S. Jobs

An early peek at President Joe Biden’s trade policy reveals it could put North America and its workers back on center stage.

By Vincent Ryan | February 12, 2021

Will U.S.-China Relationship Improve Under Joe Biden?

Will U.S.-China Relationship Improve Under Joe Biden?

“Both sides are under pressure to maintain a hawkish stance as domestic politics don't allow for yielding ground to someone else.”

By Lauren Muskett | November 9, 2020

U.S. Tariffs Violated WTO Rules, Panel Finds

U.S. Tariffs Violated WTO Rules, Panel Finds

The WTO sided with a complaint from China over tariffs imposed on about $234 billion in goods in 2018.

By Lauren Muskett | September 16, 2020

LVMH Breaks Off Tiffany Merger

LVMH Breaks Off Tiffany Merger

The move prompted a lawsuit from the U.S. jeweler to keep the deal on track.

By Lauren Muskett | September 9, 2020

Trade Tensions Still Vex Tax Execs

Trade Tensions Still Vex Tax Execs

Despite the preliminary trade deal with China, corporate tax leaders expect tariffs to be a pain in their side throughout 2020.

By David McCann | February 26, 2020

Nike Beats Estimates as Digital Sales Rise 38%

Financial Performance

Nike Beats Estimates as Digital Sales Rise 38%

“Nike delivered another strong quarter of accelerating, high-quality growth, driven by strategic and targeted investment in our digital transformation."

By Matthew Heller | December 20, 2019

Cleveland-Cliffs to Buy AK Steel in $1.1B Stock Deal

Cleveland-Cliffs to Buy AK Steel in $1.1B Stock Deal

The steelmaker has been pummeled amid trade uncertainty.

By Lauren Muskett | December 3, 2019

China Tariffs to Eat Into Dollar Tree Q4 Profits

China Tariffs to Eat Into Dollar Tree Q4 Profits

The discount retailer's shares fell more than 16% after it cut its outlook for the holiday season due in part to tariff costs.

By Matthew Heller | November 26, 2019

U.S. Economic Indicators for Next 12 Months Point Down

U.S. Economic Indicators for Next 12 Months Point Down

Business economists dial back expectations for GDP growth, corporate revenue, and hiring, among other key economic indicators.

By David McCann | November 5, 2019

Insolvencies Are on the Rise in Western Europe

Insolvencies Are on the Rise in Western Europe

Slowing economic and global trade growth, as well as Brexit uncertainty, are the main drivers of the insolvencies.

By David McCann | October 17, 2019

IMF Cuts 2019 World Growth Forecast to 3%

IMF Cuts 2019 World Growth Forecast to 3%

“Further escalation of trade tensions and associated increases in policy uncertainty" could result in lower-than-expected growth next year, the IMF says.

By Matthew Heller | October 15, 2019

Costco Shares Drop on 4th Quarter Sales Miss

Financial Performance

Costco Shares Drop on 4th Quarter Sales Miss

The stock had risen 42% this year as the warehouse retailer benefited from strong consumer spending.

By Matthew Heller | October 4, 2019

U.S. Gets OK to Put up to $7.5B in Tariffs on EU

U.S. Gets OK to Put up to $7.5B in Tariffs on EU

The World Trade Organization rules the U.S. can retaliate for illegal subsidies to Airbus, possibly escalating trade tensions.

By Matthew Heller | October 2, 2019

Consumer Spending Rises Only 0.1% in August

Consumer Spending Rises Only 0.1% in August

With income outpacing expenditures, consumers may have "a good amount of cushion to sustain spending if or as the economy slows."

By Matthew Heller | September 27, 2019

Fed to Cut Rates Again This Year, S&P Predicts

Fed to Cut Rates Again This Year, S&P Predicts

Another cut in December is "contingent upon an escalation in trade tensions, further weakness in global growth, and increased geopolitical tensions."

By Matthew Heller | September 20, 2019