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Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Fast Money Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary Published Thu, May 15 20257:47 PM EDTUpdated 37 Min Ago Stephanie Landsman@stephlandsman WATCH LIVE Source
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MercadoLibre CEO says US-China trade war is a big opportunity for Latin America
MercadoLibre CEO Marcos Galperin CNBC The CEO of Argentina’s MercadoLibre — often called the Amazon of Latin America — sees big opportunity for Latin America in the U.S.-China trade war. “If Latin America plays its cards well, I think could benefit from this volatility,” MercadoLibre CEO and founder Marcos Galperin told CNBC’s Robert Frank on […]
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Nissan to cut Japanese production of top-selling U.S. model due to tariffs, Reuters reports
A 2019 Nissan Motor Co. Rogue sport utility vehicle (SUV) sits on the lot at a car dealership in Joliet, Illinois, U.S., on Wednesday, Oct. 2, 2019. Daniel Acker | Bloomberg | Getty Images Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter […]
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Asian auto stocks extend declines as Trump tariffs on car imports dent sentiment
Vehicles awaiting shipment are parked at a port on March 27, 2025 in Yokohama, Japan. U.S. Tomohiro Ohsumi | Getty Images Asian auto stocks fell for a second straight day as investors fretted over U.S. President Donald Trump’s tariffs on cars and certain automobile parts not made in the country. Japanese automakers Toyota and Honda […]
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Asia-Pacific markets set to open lower as Trump tariff threats keep investors on edge
Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty Images Asia-Pacific markets were set to open lower Friday, tracking losses on Wall Street as U.S. President Donald Trump’s tariffs kept investors on edge. Australia’s S&P/ASX 200 slipped 0.19% as Prime Minister Anthony Albanese announced a national election on May 3, […]
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Why GM stock is getting hit the hardest by Trump auto tariffs
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of […]
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GM, Stellantis shares fall after Trump’s auto tariff announcement
The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the border in San Diego, California, U.S., March 4, 2025. Mike Blake | Reuters Auto stocks are digesting President Donald Trump’s announcement that he would place […]
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Shares of Asia’s automakers fall as Trump announces 25% tariffs on car imports
Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Asia’s automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the country. Japanese automakers Toyota […]
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Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Related Group CEO Jon Paul Pérez. Courtesy of Future Proof and Triangle BLVD Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on […]
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