Are importers front-running pharma tariffs?
Pharmaceutical products rushed into US ports in the first two months of this year as the threat of tariffs on the industry looms. Pharmaceutical products imported to the US in January and February rea...
China orders its airlines to stop taking Boeing deliveries
fell in early trading as it landed in the middle of the rapidly escalating trade war between the US and China. According to reporting by Bloomberg, China ordered its airlines to stop taking deliveries...
Ives: Potential auto tariff delay is “good news” for Tesla and the Big Three
Wedbush analyst Dan Ives wrote in a note this morning that the “concept of a US made car with all US parts is a fairy tale fictional narrative,” so he considers potential tariff relief to be “good new...
US stocks rise on tariff relief and a rush into defensive stocks
Tariff exemptions on consumer electronics announced Friday after the close helped fuel a rise in US stocks on Monday. The S&P 500 rose 0.8%, the Nasdaq 100 gained 0.6%, and the Russell 2000 advanced 1...
Apple becomes a $3 trillion company again, thanks to tariff reprieve
Apple is currently in tariff limbo , having been exempted from reciprocal tariffs and not yet having been assigned sector tariffs. Presumably, the new tariffs won’t be as bad as the previous 125% levi...
Tariff exemptions turn a potential 40% hit to Apple earnings estimates into a 5% drop: Bank of America
Just how important are the recent tariff exemptions for Apple’s financial outlook? Here’s Bank of America analyst Wamsi Mohan to crunch the numbers in light of the revised messaging surrounding trade ...
Automakers climb on Trump’s suggestion of tariff relief for car companies
Speaking to reporters on Monday, President Trump suggested that some form of tariff relief could be coming for car companies, which have already been responding to the levies with a combination of pri...
Apple shipped a record number of iPhones last quarter — thanks in part to stockpiling ahead of tariffs
Apple just had its best first quarter ever in terms of iPhone shipments, according to new data from IDC’s Worldwide Quarterly Mobile Phone Tracker , having moved 57.9 million units. But that growth do...
Look to Vietnam to see the Great Rerouting to beat tariffs
One hope of the Trump administration is that over the long term, tariffs will encourage companies to reshore production back to the US. One reality of the near term is that tariffs are encouraging com...
Tariff fallout has hit Hollywood, with China restricting US movie screenings
Last week, the China Film Administration announced — in response to President Trump’s 125% tariffs on Chinese imports to the US — that it would “ moderately reduce ” the number of American movies allo...
“Nowhere to go”: How tariffed companies weigh costly restructures vs. hunkering down and riding it out
The past few weeks have been a rollercoaster as global tariffs shift and change rapidly, making it hard to figure out what the trade wars actually mean for companies, for the US, for consumers, and ev...
A US PlayStation 5 price hike looks more likely after Sony lifts prices in Europe
Console prices are officially on their way up. on Sunday announced that the price of its nearly five-year-old PS5 console would see double-digit percentage hikes in Europe, Australia, and New Zealand...
How will tariffs impact Big Tech’s AI data center plans? Not that much, says Morgan Stanley
Big Tech companies say they are still going full speed ahead on plans to build out $315 billion worth of data centers to power the AI boom. (Well, maybe not .) But what effect will the on-again-off-ag...
Tariffs aren’t sending would-be buyers to Apple’s website
While anecdotally Americans flocked to stores to get new iPhones and other electronics ahead of tariffs that would drive up the price, they don’t seem to have rushed to the company’s website at all. ...
Dell, Best Buy, and other electronics retailers surge after Trump’s latest tariff exemptions
Electronic retailers surged in premarket trading following a surprise move by President Trump to exempt smartphones, chips, and other tech products from sweeping new tariffs. shares jumped more than 1...
Nvidia soars after tariff exemptions and pledge for $500 billion in US investment over next four years
has gotten the message to make chips in this country. The world’s most valuable chip designer announced that flagship Blackwell GPUs are being produced in Arizona, and pledged $500 billion in investme...
Apple jumps on hopes that new tariffs won’t be as bad as old ones
It’s been a wild weekend for after what’s been a wild two weeks for the iPhone maker. Late Friday, a notice from the US Customs and Border Protection exempted smartphones, computers, and semiconducto...
US stocks fly into weekend on optimism for trade deals
US stocks soared on Friday to complete a huge bounce-back week for major indexes amid encouraging news on tariff talks. The S&P 500 rose 1.8%, the Nasdaq 100 gained 1.9%, and the Russell 2000 booked a...
How carmakers are responding to Trump’s auto tariffs, so far
Unfortunately for the auto industry, cars appear to be at the center of the ongoing trade war between the US and the rest of the world. President Trump has repeatedly stated that his goal is to increa...
Intel, Texas Instruments hammered by update on Chinese tariffs
and other chipmakers like and that operate fabs in the US are sliding Friday, and sharply underperforming and . The divergence happened after China’s main association of chipmakers clarified that ...