Gap shares fall 20% as tariffs loom large over apparel maker’s turnaround plans
Gap shares fell 20% in early trading on Friday after the Old Navy owner warned that U.S. tariffs would squeeze ...
Tag: tariffs
Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April ...
Gap shares plummet as retailer says tariffs will cost hundreds of millions
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap is ...
US court blocks Trumps sweeping tariffs, citing overreach of authority
A U.S. trade court on Wednesday blocked President Donald Trump’s tariffs from going into effect, ruling that the president overstepped ...
Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show
Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary ...
Stocks to Buy – Navigating Market Uncertainty: Ajay Bagga on Tariffs, Sectors and Strategy – Tariff tensions rising
Ajay Bagga identifies defensives such as pharmaceuticals, FMCG, and utilities as likely outperformers amid global volatility. He sees particular promise ...
Southeast Asia and Gulf leaders meet with China as governments look to coordinate in the face of Trump tariffs
Leaders from the Middle East and Southeast Asia are holding their second summit in the Malaysian capital of Kuala Lumpur. ...
European markets surge on Trump call to delay 50% EU tariffs until July 9
European shares have opened higher and U.S. futures also surged after U.S. President Donald Trump said he would delay a threatened ...
Dealmaking rebounds after Trump’s tariffs cut off a budding M&A boom
People walk by the New York Stock Exchange (NYSE) on June 18, 2024 in New York City. Spencer Platt | Getty ...
BYD beats Tesla in European EV sales despite EU tariffs in ‘watershed moment,’ report says
Though the difference between the two brands' monthly sales totals is relatively small, the implications of BYD beating out Tesla ...
