Trump pushes EU to cut tariffs or face extra duties
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Tag: tariffs
Steve Madden says Trump tariffs are ‘destroying’ the economy that brands like his created
In a recent podcast, the founder of the Steve Madden shoe brand also criticized arguments that the U.S. has been…
Amazon CEO Andy Jassy: How Tariffs Are Impacting Prices
At Amazon’s annual shareholder meeting on Wednesday, CEO Andy Jassy told viewers (the conference was virtual) that tariffs have not…
Advance Auto Parts’ stock rockets as tariffs didn’t change the earnings outlook
On Thursday, the company said it’ll handle the extra costs tied to the current tariff regime and still deliver its…
EU backs tariffs on fertiliser imports from Russia, Belarus | Russia-Ukraine war News
European Parliament backs bill that will enact duties in July and gradually increase them over three years. The European Parliament…
BJ’s Wholesale’s stock rises as outlook maintained, despite a sales miss and tariffs
BJ’s maintained its guidance while the broader retail sector is wrestling with the fallout from the Trump administration’s sweeping wave…
Nike to raise prices as firms face tariffs uncertainty
Nike is set to raise prices on some trainers and clothing from 1 June, weeks after rival Adidas warned it…
Nike to increase prices on footwear, apparel amid tariffs
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and…
Along with price hikes, here’s how else Walmart might maintain margins while navigating tariffs
Walmart Inc. plans to cut around 1,500 jobs, the Wall Street Journal reported on Wednesday, as the big-box chain tries…
Target cuts annual forecast as tariffs, boycotts weigh on sales | Business and Economy
Target has slashed its annual forecasts amid a pullback in discretionary spending due to tariff-driven uncertainty and a backlash against…