How the U.S. has used tariffs through history — and why Trump is different, economists say

Key Points

The U.S. has used tariffs since its founding in the 18th century.
They were primarily a way to raise revenue in the nation’s early days. Later, tariffs were largely used to restrict imports or as a bargaining chip to reduce trade barriers.
President Donald Trump’s use of the import duties has broken with historical norms, economists and historians said.

Source

Finance

Stocks making the biggest moves after hours: United Airlines, Sarepta Therapeutics and more

July 16, 2025

Check out the companies making headlines after the bell : United Airlines — Shares fell nearly 2% after the airline carrier posted a second-quarter revenue of $15.24 billion, missing analysts’ expectations of $15.35 billion, according to LSEG. Earnings, however, came in at $3.87 per share, exceeding the $3.81 consensus. Sarepta Therapeutics — The biopharma stock […]

Finance

Stocks making the biggest moves midday: Morgan Stanley, ASML, Johnson & Johnson, SolarEdge and more

July 16, 2025

Check out the companies making headlines in midday trading. Morgan Stanley — Shares fell 3.6% despite the financial institution beating second-quarter estimates. Morgan Stanley earned $2.13 per share and saw $16.79 billion in revenue, while analysts anticipated earnings of $1.96 a share and $16.07 billion in revenue, per LSEG. SolarEdge Technologies – Shares plummeted more […]

Finance

Jensen Huang woos Beijing as Nvidia finds a way back into China

July 16, 2025

Key Points Nvidia CEO Jensen Huang’s Beijing trip this week coincided with news that the company expects the U.S. will let it resume sales of an AI chip to China. Huang walked into the sunny courtyard of the Mandarin Oriental hotel about 15 minutes earlier than scheduled and took multiple questions from reporters. Here’s what […]