Donald Trump, Steel and tariff
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Home Depot says tariffs will lead to price increases
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India, Trump and 25 tariff
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European shares are expected to close the year a touch higher than where they are currently trading, a Reuters poll found, as support from looser fiscal and monetary policy will be kept in check by uncertainties over Washington's import tariffs.
Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks.
During Walmart's first-quarter earnings call, CEO Doug McMillon said the tariffs would result in higher prices, but didn't elaborate. A few days later, Trump posted to Truth Socia
Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent weakness in the U.S. and China markets and tariff uncertainty. Shares of the company were down about 12% in premarket trading.
The post Tariffs Begin Taking a Bite out of the Economy appeared first on Reason.com.
The Trump administration's ever-changing tariffs and Most Favored Nation drug pricing are part of a blizzard of unclear, potentially illegal tactics that leave observers throwing their hands in the air.
S&P 500 companies have had a much better earnings season than initially feared, with 84% of companies beating estimates, Goldman Sachs said.
The sitting legislator stepped down to allow Poilievre to run in his seat, thereby allowing him to return to the House of Commons.