Nike is feeling the heat from U. S. trade policies. The sportswear giant warns that tariffs could add a cool $1 billion to its costs this year. To soften the blow, Nike plans to cut back on making its products in China. This shift is a big deal because China currently makes about 16% of Nike's shoes
Some Federal Reserve officials are now echoing President Trump's calls for lower interest rates. Michelle Bowman, a key Fed official, recently suggested that the central bank should consider cutting rates soon to support the job market. She believes that if inflation stays under control, a rate cut
The legal battle over tariffs is heating up. Two companies that make educational toys have taken a big step. They asked the Supreme Court to speed up their case against tariffs. These tariffs were put in place by the President. The companies want the Supreme Court to hear their case right away.
The legal battle over Trump's tariffs took a dramatic turn. A federal appeals court stepped in to temporarily halt a lower court's decision. This move temporarily reinstated the tariffs that Trump had imposed under emergency powers. The U. S. Court of Appeals for the Federal Circuit made this dec
Canada's steel industry is in a tough spot. The US has doubled tariffs on steel imports from Canada. This move has sparked a lot of anger and worry. The industry is bracing for major job losses and factory slowdowns. Steel is a big deal in Canada. It's a 15 billion dollar industry. It employs 23, 0
The legal landscape for President Trump's tariffs has become a complex maze. The recent court decisions have thrown a wrench into the works, leaving many to wonder what comes next. The tariffs, which were a key part of Trump's economic strategy, have faced significant legal challenges. Two federal c
Nvidia is gearing up to share its financial results for the first quarter of the fiscal year. This event is highly anticipated, as it will shed light on how the company is handling the tariffs introduced by former President Donald Trump. Additionally, investors are eager to see how Nvidia is faring
The U. S. and EU have decided to postpone a planned 50% tariff on EU imports. This change came after a conversation between President Donald Trump and European Commission President Ursula von der Leyen. Trump mentioned that the delay was requested by von der Leyen. She wanted more time to negotia
The topic of tariffs has stirred up quite the debate. A court case in Florida recently made waves by suggesting that the president has the power to impose tariffs on his own. This isn't just any president, but Donald Trump, who has been quite active in this area. The case in question was brought by
The U. S. has been in a trade war for a while now. The current president has been pushing for higher tariffs on goods from other countries. This has led to a interesting situation. Some of the biggest companies in the U. S. are now in a public dispute with the president. They are warning that thes
