Finance
Aggressive tariffs that President Donald Trump announced Wednesday will begin a “re-ordering” of global trade that will force other nations to open their doors to more American goods, Commerce Secretary Howard Lutnick said Thursday. Under an executive order the president signed, the U.S. will retaliate against duties imposed on American goods elsewhere. Lutnick, in a … Read more
Check out the companies making headlines before the bell. Lululemon – Shares tumbled more than 12% on the heels of President Donald Trump’s new wide-ranging tariffs . According to an SEC filing , the company sourced 40% of its products from Vietnam in 2024 – a country that was slammed with a 46% tariff. Almost … Read more
Boxes of Novo Nordisk’s weight-loss drug Wegovy in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters Pharmaceutical companies breathed a sigh of relief Wednesday after U.S. President Donald Trump revealed that they would not be subject to reciprocal tariffs — but that reprieve could prove fleeting as the White House moves ahead with plans … Read more
BERLIN, GERMANY – FEBRUARY 24: Robert Habeck, chancellor candidate of the German Greens Party, speaks to the media the day after German parliamentary elections on February 24, 2025 in Berlin, Germany. The Greens came in fourth place with 11.6% of the vote, down 2.9% from the previous election. (Photo by Sean Gallup/Getty Images) Sean Gallup … Read more
Apple’s iPhone 16 at an Apple Store on Regent Street in London on Sept. 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images Apple has made moves to diversify its supply chain beyond China to places like India and Vietnam, but tariffs announced by the White House are set to hit those countries too. … Read more
Charts that show the “reciprocal tariffs” the U.S. is charging other countries are on display at the James Brady Press Briefing Room of the White House on April 2, 2025 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump on Wednesday laid out the “reciprocal tariff” rates that more than 180 countries and territories … Read more
BEIJING, CHINA – NOVEMBER 05: A view of China’s Ministry of Commerce (MOFCOM) on November 5, 2024 in Beijing, China. Visual China Group | Getty Images China’s Ministry of Commerce urged the U.S. to “immediately cancel” its unilateral tariff measures and vowed to take “resolute counter-measures” to safeguard its own rights and interests, after U.S. … Read more
The Exchange Square Complex, which houses the Hong Kong Stock Exchange, on Feb. 26, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region, following the news of DeepSeek’s artificial intelligence breakthrough … Read more
A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, U.S, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2. Trump in February abruptly ended the de minimis … Read more
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 … Read more