by Elvis Guaman | Jan 8, 2025 | Economics, Investing News, Market News, Stock Market
U.S. markets opened on Wednesday in the red as investors reacted to a new economic proposal from President-elect Donald Trump. Reports emerged that Trump might declare a “national economic emergency” to enable a more aggressive approach to import tariffs....
by Sun Yulin | Nov 19, 2024 | Breaking News, Domestic, Economics, Politics, Products, Retail
As President-elect Donald Trump prepares to take office in January, his vow to impose heavy tariffs on imports has raised significant concerns among corporate leaders and economists alike. With Trump making tariffs a central pillar of his economic agenda, many...
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...
by Natalie Matejkova | Aug 20, 2024 | Domestic, Economics, International Buzz, Politics
In a bold and contentious move, former President Donald Trump has proposed imposing higher tariffs on foreign goods, advocating for a sweeping 10% tariff on imports from around the globe and a hefty 60% duty on goods specifically from China. Trump argues that these...
