Tag: Tariffs
The Duty-Free Loophole Is Closing. What That Means for You—and Your Packages
Want to buy something online and have it shipped into the US? Well, get ready to pay more for the privilege. Starting Friday, small...
Nvidia’s China-based rival posts 4,300% revenue jump as chipmakers’ earnings reported no H20 chip sales to the country
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%.
The earnings, released...
Lamborghini CEO warns tariffs have even forced its wealthiest consumers—who have an average of 5 cars in their garage—to waver on buying a new ride
President Donald Trump’s tariff instability is putting the economy on hold, and even Lamborghini’s deep-pocketed customers aren’t immune.
CEO Stephan Winkelmann said some of its...
Why China Builds Faster Than the Rest of the World
And that requires swallowing our pride here, right? Like we actually need to learn from China, even though US politicians don’t want to admit...
Investors are looking at bargains in China, says HSBC investment boss, pushed by AI discounts and fears over Trump 2.0
When President Trump returned to the White House his intention was clear: Make America Great Again. But the United States’s economic partners, and some...
Despite snubbing U.S. tourism and boycotting American goods, Canadians have poured more into U.S. stocks than they have in over 35 years
Canada’s ire toward the U.S. in the wake of soured trade relations has rocked summer tourism and spurred consumer boycotts, but that wrath has...
US EV Sales Are Booming—for Now
In March, President Donald Trump and Tesla CEO Elon Musk appeared on the lawn of the White House to show off a line of...
Sony will pass on tariff costs to U.S. consumers by hiking Playstation 5 prices
Sony announced Wednesday it will raise PlayStation 5 console prices in the United States by $50, citing ongoing economic challenges and the financial strain...
Tariffs will take a $100 million bite out of Estee Lauder’s bottom line, company says
The S&P 500 dropped 1% and was on track for its worst day since the first of the month. It’s also heading for a...
MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now, manufacturing platform CEO says
U.S. consumer packaged goods (CPG) giants are racing to get ahead of President Donald Trump’s Make America Healthy Again movement. Looming food regulatory changes...
