Here’s how tariffs on Canada, China and Mexico may impact U.S. consumers

Key Points

President Donald Trump is imposing a 25% tariff on Canada and Mexico and a 10% tariff on China starting on Saturday, the White House said.
Tariffs will likely result in higher prices for U.S. consumers, both directly and indirectly, economists say.
Tariffs are a tax on foreign imports that are paid by the U.S. businesses importing those products. They will likely pass those costs to customers, economists explain.

Source

Finance

Stocks making the biggest moves midday: Circle, Visa, Carnival, Halliburton, Adobe and more

June 13, 2025

Check out the companies making headlines in midday trading: Oil stocks — Energy stocks climbed amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron and Exxon Mobil were both up around 1% each, but off their highs […]

Finance

Stocks making the biggest moves premarket: Chevron, United Airlines, Northrop Grumman, RH and more

June 13, 2025

Check out the companies making headlines in premarket trading. Oil stocks — Energy stocks climbed in premarket trading amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron rallied nearly 3%, while ConocoPhillips gained more than 4%. EOG […]

Finance

GameStop shares tank on convertible bond offering to potentially buy more bitcoin

June 12, 2025

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A Gamestop store is seen in Union Square on April 4, 2025 in New York City. Michael M. Santiago | Getty Images GameStop shares slid on Thursday after the video game retailer and meme stock announced plans for a $1.75 billion convertible notes offering to potentially […]