These tariffs – which can run as high as 50% -- are meant to punish countries for trade barriers that Trump says unfairly limit U.S. exports and cause it to run huge trade deficits. Even countries with which the U.S. enjoys trade surpluses – meaning it sells to them more than it buys, such as the United Kingdom and Argentina – are being targeted with a minimum tariff of 10%. And the highest tariffs are landing on two tiny territories that trade little with America — the African kingdom of Lesotho and the French possession of Saint Pierre and Miquelon off Canada's Atlantic coast.
Crypto traders say they’ve ‘started smoking’ to cope with Trump’s tariffs
Telegram poll links Trump’s tariffs to smoking surge as crypto traders cope with market meltdown through humor and haze.
These Two Retail Stocks Aren't Suffering as Much as Their Competitors Today
Two discount retail shares managed to avoid the steeper dropoffs seen by some other big retailers in the wake of the Trump administration's latest tariffs.
Equity long/short hedge funds wipe out year gains in market rout
NEW YORK (Reuters) -Global equity long/short hedge funds erased their gains for the year on Thursday as stocks plunged after the Trump administration announced sweeping tariffs. The funds showed a 1.7% fall on the day, Goldman Sachs said. As of Thursday, long/short hedge funds were down 1.6% for the year.
The stock market is tanking on tariffs, but Walmart and Costco shares are relatively unscathed. Here’s why
Two strategic advantages are building a tariff moat around Walmart and Costco.
Tariffs mean an economic hit for U.S. firms—but also confusion and paperwork
Many firms will have their first encounter with the HTS classification system and posting surety bonds with CBP.
COIN vs. HOOD: Which Crypto Player is a Safe Investment Bet?
Let's find out which is a safe investment option - COIN or HOOD?
Lyft Stock Skids After Analysts' Double Downgrade
Shares of Lyft dropped Thursday as Bank of America analysts gave the ride-hailing company the dreaded double downgrade.
Trump just put the Fed in an 'even greater bind'
President Trump just made the job of the Federal Reserve that much more difficult as he unveiled the steepest tariffs in more than 100 years, taking markets by surprise.
$400B in tariff revenue could help U.S. stack Bitcoin, says Investment Guru
Investment guru Alexander Blume thinks that the U.S. government’s potential purchase of Bitcoin could easily lead to an appreciation in its value by 15-20%.