by Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
by | Feb 3, 2025 | Domestic, Economics, Investing News, Market News, Stock Market
US markets took a significant hit on Monday following the announcement of new tariffs by the Trump administration, expected to take effect on Tuesday. The tech-heavy Nasdaq Composite (^IXIC) plummeted over 2%, marking a sharp downturn, while the broader S&P 500...
by Sun Yulin | Nov 26, 2024 | Domestic, Economics, International Buzz, Politics
On the first day of his presidency, President-elect Donald Trump proposed sweeping tariffs that would drastically change U.S. trade relations with its top partners. In a series of Truth Social posts, Trump outlined plans to impose a 25% tariff on goods from Canada and...
by Suzeline Michel | Nov 7, 2024 | Domestic, Products, Retail
As tensions between the U.S. and China escalate, with former President Donald Trump’s tariff plans looming large, Steve Madden (SHOO) is already making strategic moves to protect its business from potential trade disruptions. In a recent earnings call, executives at...
by Sun Yulin | Nov 7, 2024 | Domestic, Economics, Politics
U.S. President Donald Trump’s ambitious tariff proposal—calling for a universal 10% tariff on imports and a hefty 60% tariff on Chinese goods—may not be as severe as initially thought, according to a recent note from ratings agency S&P Global. The report...
