2025-03-21
Nike's stock is sinking as it braces for Trump's tariffs
Nike’s (NKE) stock fell about7% on Friday morning after the shoemaker conceded that President Donald Trump’s new tariffs are putting pressure on its operations, affecting its earnings outlook.
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2025-02-02
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
2025-02-01
What will happen to TikTok? A look at the potential buyers.
TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s executive order delaying enforcement of the ban was only a temporary reprie [...]
2025-03-27
Trump to impose 25 percent tariffs on all cars not made in the US
President Donald Trump has signed a proclamation imposing 25 percent tariffs on "all cars that are not made in the United States" on top of taxes that are already in place. The tariffs will [...]
2025-03-07
Trump's federal Bitcoin reserve order leaves the crypto market unenthused
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been abou [...]
2025-04-03
Lululemon, Nike, and Deckers stocks are hit hard by Trump’s sweeping tariff plan
Apparel and footwear stocks are taking a beating in the aftermath of President Donald Trump’s “Liberation Day” press conference on Wednesday, where he announced sweeping new tariffs on nearly al [...]
2025-03-04
Ontario once again promises to nix $100 million Starlink deal over Trump tariffs
Ontario Premier Doug Ford has once again promised to end the province’s $100 million contract with Elon Musk’s Starlink after reversing course back in February, according to reporting by the CBC. [...]
2025-04-03
Walmart, Best Buy, and other retail giants plummet as Trump tariffs bite
Walmart, Best Buy, and other major retailers are already feeling the impact of President Donald Trump’s “Liberation Day” tariffs, which are set to take effect April 9. The initial 10% tariff wil [...]