Latest Tariff Threat Could Be ‘Gut Punch’ for Apple
Analysts warn of a hit to earnings and iPhone demand if President Trump follows through with a 10% tariff on Chinese goods.
U.S. Trade Policy Fails to Reshore Manufacturing
Several government measures designed in part to bring manufacturing jobs back to the United States are having the opposite effect so far.
China Posts Lowest Economic Growth in 27 Years
The country’s economy experienced a significant slowdown as it faces trade tensions with the United States.
U.S. Proposes $4B More European Tariffs Over Aircraft Subsidies
As part of the long running Airbus-Boeing dispute, the U.S. Trade Representative is considering tariffs on 89 additional items.
Consumer Confidence Drops Sharply in June
“The escalation in trade and tariff tensions earlier this month appears to have shaken consumers’ confidence," the Conference Board says.
Companies Scramble to Ease Impact of China Tariffs
Those surveyed by KPMG have employed various strategies to reduce the added cost.
Do Tariffs Really Raise Prices?
The effects of supply and demand dictate that in many cases, tariffs actually result in lower prices for consumers.
U.S. Factory Orders Decline 0.8% in April
“We expect further bumps along the road for manufacturing as a slowing global economy and escalating tariffs on major U.S. trading partners pose headwinds."
Trump Threatens Tariffs Against All Mexican Goods
The president promised an escalating trade war until Mexico takes action to "dramatically reduce or eliminate" illegal immigration.
China Raises Tariffs on $60 Billion of U.S. Goods
The increased tariffs are in retaliation for the Trump administration’s latest decision to increase duties on Chinese products.
Harley Profits Fall, But Beat Estimates
Falling demand, higher costs from U.S. tariffs on raw materials, and European taxes on imports hurt its earnings.