Tariff-exposed stocks just got crushed in the sell-off
Nearly every corner of the stock market got slammed on Wednesday as the Federal Reserve sounded more concerned about the outlook for inflation , in part because of the fiscal and trade policies the in...
The Federal Reserve seems worried about potential Trump tariffs
The Federal Reserve is getting more worried about inflation. And measures that might be taken by the incoming administration are exacerbating some of its concerns. The central bank hiked its 2025 core...
Most of the knee-jerk “Trump trades” have fizzled out
Financial markets reacted decisively the morning after President-elect Donald Trump’s and congressional Republicans’ electoral successes as investors scrambled to price in a litany of potential policy...
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“Snacks Mix”: Amazon’s supercomputer, a new chapter in the China/US export war, powerful weight-loss drugs, and more
Nia Warfield and Jack Raines run through this week’s market maze as Amazon plans to build a supercomputer, the US and China trade war enters a new chapter, and weight-loss drugs keep getting more pote...
Mexico is bracing for a tricky relationship with the US. This time it could play hardball
Mexico is used to balancing a finicky relationship with its northern neighbor. As it braces for a second Trump term, it might be better positioned than ever to play hardball. Having a neighbor like th...
Farmers are thrilled about potential Trump tax and regulation cuts
Make America Grow Again? The Purdue/CME Group Ag Economy Barometer, a gauge of farmer sentiment, surged to a 3.5-year high in November in the wake of the US election. Most of the improvement in this i...
Electric vehicles might get a Trump bump*
*Before he becomes president in 2025. Cox Automotive is predicting that electric-vehicle sales will soar this month, as prospective buyers take advantage of federal tax credits that President-elect Do...
Trump targets America’s top three importers with tariffs
In a Truth Social post on Monday, President-elect Donald Trump vowed to impose sweeping new tariffs on its top three importers as soon as he takes office, promising 25% tariffs on all products from Me...
US stocks notch record high despite Trump’s tariff threats
The S&P 500 rose 0.6% to finish at an all-time closing high. The Nasdaq 100 also gained 0.6%, while the Russell 2000 slumped 0.7%. The strong performance for the benchmark US stock gauge came despite ...
Three reasons why investors are brushing off Trump’s tariff threats
The big stock-market news of the day is what’s not happening. After President-elect Donald Trump posted messages on Truth Social warning Canada, Mexico, and China that they’d face across-the-board tar...
GM’s 2024 surge stalls following Trump’s tariff threat
Automakers and are getting buffeted Monday by President-elect Donald Trump’s tweeted tariff threats Tuesday against Mexico, Canada, and China. It makes sense, seeing as the companies’ vehicles are c...
Cars, machines, food, and raw materials: here’s every single thing America imports from Canada and Mexico
Donald Trump announced his plans to slap a 25% tariff on all goods imported to the US from Canada and Mexico, going against the trade deal his first administration brokered. Trump said in a Truth Soci...
Markets mostly shrugged off Trump tariff threat, but some stocks took a serious punch
The S&P 500 rose slightly and briefly touched closing record-high levels in early trading on Tuesday, despite a couple Truth Social posts from President-elect Donald Trump threatening to slap 25% tari...
What the Trump tariffs could mean for Apple
President-elect Donald Trump said yesterday he would impose an additional 10% tariff on goods coming in from China. Ostensibly that’s bad news for , which makes the vast majority of its products in Ch...
Chinese tax change boosts US commodity companies
China is scrapping a tax rebate for domestic commodity exporters, sending the prices of some of those raw materials — in particular, aluminum — soaring. The Ministry of Finance said that an export-tax...
China’s trade surplus just keeps growing, as the world prepares for Trump 2.0
China’s trade surplus is hitting record highs, with customs data from the world’s second-largest economy showing that its export-heavy economy is more export-heavy than ever before. The difference bet...
What happens to TikTok under Trump?
One of the more interesting stories to watch as Trump prepares to reenter the Oval Office is the fate of TikTok in the United States. In April, President Biden signed a law that would ban Chinese-owne...
The renewable-energy industry is bracing for impact as $40 billion in tax credits is under threat
Former President Donald Trump won a second round at the presidency, and among the Biden-era initiatives potentially on the chopping block is the Inflation Reduction Act and the billions in capital it’...
It’s 2016 all over again as “America First” trade sweeps through markets
We need only remember back a mere 2,918 days , shortly past midnight following the 2016 election, to see price action like we’re seeing now. And, as it happens, for the same reasons. Donald Trump’s vi...
Yes, Amazon somehow plans to sell us $20 sofas
In August, I wrote about how Chinese fast-fashion retailers Shein and Temu had taken advantage of a particular part of US tariff regulations, the “de minimis” loophole, to ship tariff-free goods to US...