Tariffs Leave Apple With Nothing But Hard Choices - Heard on the Street
Apple’s costs are about to go way up thanks to tariffs. The biggest question facing the world’s most valuable company now is ...
South American Countries Escape With Baseline Tariffs Despite Trade Barriers
South American countries that impose some of the world’s toughest barriers to trade escaped with just a 10% baseline tariff, ...
What the Restoration Hardware CEO Really Thinks of Tariffs
Restoration Hardware CEO Gary Friedman was on a call with analysts Wednesday afternoon talking about the furniture retailer’s ...
Mexico’s Sheinbaum Says ‘Good Relationship’ With U.S. Won It Tariff Carveout
Mexican President Claudia Sheinbaum was all smiles at the start of her daily news conference Thursday, reflecting a wide ...
Nike Stock Drop Erases $12 Billion in Market Value
Nike shares took a big hit Thursday morning following President Trump’s tariff announcement, falling 13% and erasing more ...
Why This Market Upheaval Could Be Just the Start: Streetwise
Taxes up, stocks down. It’s a basic rule of how the economy works (taxes transfer money from the private sector to the ...
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Canada to Hit U.S. Autos With Retaliatory Tariffs
Canada will match President Trump’s auto tariffs with 25% tariffs of its own on U.S. vehicles that are not compliant with the ...
Senators Move to Rein In Trump’s Power on Tariffs
In a sign of growing frustration on Capitol Hill, Sen. Chuck Grassley (R., Iowa) joined with Sen. Maria Cantwell (D., Wash.) ...
Republican Senator Says Tariffs 'Are Like Whiskey'
Sen. John Kennedy (R., La.) predicted that the tariffs announced by President Trump would set off months of talks with other ...
U.S. Stocks Are Headed for Biggest Wipeout in Market Value Since March 2020
The stock market is headed for its largest drop in market value in more than five years. The U.S. market had lost roughly ...
Lumber Avoids New Tariffs; Prices Plunge on Fears of a Housing Slowdown
Canadian lumber has been left out of Trump's tariff blitz, despite the president's repeated threats to add to import taxes to ...
Apple, Nvidia Shed More Than $100 Billion in Market Value
Some of the world's biggest companies are on track to lose billions of dollars of value Thursday, with Trump's aggressive tariffs ripping through the stock market. Here are the top five U.S. companies ...