Trade tensions are in the spotlight as many nations react to recent tariff announcements. Trump's top economic advisor, Kevin Hassett, has revealed that over 50 countries have reached out to discuss these new tariffs. This move comes after Trump's decision to impose a 10% tariff on all imports and
In Golden, Colorado, Ben Coryell is feeling the pressure. He leads a company that takes people on adventures in the wilderness. It has been a tough time for him. Many customers have been calling to cancel their bookings for summer trips. They are worried about spending a lot of money. The reason? Th
In the world of logistics, Eric Hémar stands out. He's the mastermind behind ID Logistics, a company that's become a giant in the industry. Hémar's journey began with a bold move into contract logistics two decades ago, and now his company is poised to benefit from the current economic turmoil. ID
Trump's recent move to impose heavy tariffs on imports from nearly all U. S. trading partners is a significant gamble. This decision reflects his long-held belief that protectionist policies can revitalize American manufacturing and offset the shift from manufacturing to services. It's a bold step,
The upcoming week will be crucial for understanding how businesses are handling the recent tariff announcements. The spotlight will be on big banks as they release their earnings reports. These reports will give a clearer picture of how companies are faring under the new trade policies. Alongside th
The 2024 US election is looming, and with it, a wave of uncertainty for American businesses. At the heart of this storm is Donald Trump's trade war, which has left many companies scrambling to figure out their next move. The challenge is twofold: how to adapt to the president's tariffs without anger
The British car industry is facing another big challenge. Jaguar Land Rover has decided to hold back shipments to the US. This move comes as a direct result of the 25% tax on car imports that the US has put in place. The US is a key market for Jaguar Land Rover. The company is taking a pause on shi
The Federal Reserve has long been seen as a safety net for investors during market crashes. However, recent events have shown a shift in this dynamic. The latest market downturn, triggered by President Trump's tariffs, has not prompted the Fed to step in immediately. Jerome Powell, the Fed's chair,
The stock market had been bracing for some trouble from President Donald Trump's tariffs. But no one saw the chaos that was about to unfold. The idea was simple: match the tariffs other countries put on U. S. exports. This was supposed to start talks and maybe even lead to better trad
The recent push for heavy import taxes by a certain U. S. president has sparked a lot of talk. This leader sees tariffs as a way to even the playing field in global trade. He believes they can make other countries lower their own taxes on U. S. goods. Some even call it a "Liberation Day" from foreig
