Tag: Tariffs and trade
Crayola’s now-CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards
Two decades ago, the name of the game in U.S. manufacturing was offshoring. Just as China was entering the World Trade Organization and ramping...
The world could get carved up into these 3 blocs as Trump tariffs accelerate deglobalization
Globalization began retreating before President Donald Trump shocked the world with his aggressive trade war earlier this year.
But his tariffs accelerated the trend,...
Wall Street was expecting a TACO Tuesday. But Dow futures fall 250 points after Trump says he will set tariffs as high as 70%
U.S. stock futures tumbled on Friday after President Donald Trump said he will start sending out letters informing countries of what tariffs they will...
BRICS leaders are set to meet in Brazil as they try to build a united front against trade protectionism
Leaders from the BRICS bloc, often presented as a counterweight to the West, will soon meet in Rio de Janeiro, just as U.S. President...
White knuckles and ‘massive unknowns’ ahead of Trump’s July 9th tariff deadline
The countdown to the 90-day freeze on sweeping Liberation Day tariffs expires next week, and President Donald Trump’s administration is a far cry from...
Trump’s Vietnam deal shows China tariffs won’t fall much further
President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington...
Trump may have dropped a clue on social media that the jobs number won’t be good
Investors will be looking at the U.S. federal government’s official jobs number, due out this morning, to gauge whether the Trump Administration is helping...
Trump’s tariffs would cost mid-sized U.S. employers $82.3 billion, JPMorganChase Institute study finds
An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans,...
Trump’s tariff pause expires next week. Here’s how well Asian governments have been doing in negotiations with Washington
U.S. President Donald Trump’s 90-day tariff pause expires next week—and his administration hasn’t notched too many wins on the deals front. In fact, his...