Tariff
Temu and Shein face massive tariffs. But don’t count them out of the U.S. e-tail scene, experts say
Photo illustration of the Shein app on the App Store reflected in the Temu logo. Stefani Reynolds | Afp | Getty Images The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein’s business model in the United States. And yet the e-commerce companies are likely to remain a dominant […]
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Barbie-parent Mattel pulls annual forecasts, will hike prices as tariffs raise costs
Mattel Inc. Barbie brand dolls for sale in the Toys “R” Us section of the Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 25, 2022. Jeenah Moon | Bloomberg | Getty Images Barbie-parent Mattel withdrew its annual financial targets on Monday and said it would increase prices for some products […]
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Hollywood studio stocks briefly fall after Trump proposes foreign film tariff
The famed Hollywood sign is viewed on September 25, 2023 in Los Angeles, California. Mario Tama | Getty Images Investors in Hollywood’s top studios and streaming services were trying to make sense Monday of President Donald Trump’s proposed 100% tariff on movies made overseas. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery briefly fell […]
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Australia, New Zealand pledge support for film industry after Trump proposes tariffs
New Zealand Prime Minister Christopher Luxon in Canakkale, Turkiye on April 25, 2025. Anadolu | Anadolu | Getty Images Australia and New Zealand vowed to advocate for their film industries on Monday after U.S. President Donald Trump announced a plan to impose 100% tariffs on foreign-made movies. Australia and New Zealand have emerged as popular […]
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Malaysia PM sees possible reduction in U.S. tariffs, but growth to miss target
Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday. Sean Gallup | Getty Images News | Getty Images There is a possibility that Malaysia can negotiate a reduction in threatened U.S. tariffs as Washington has agreed to further […]
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Trump announces 100% tariff for movies produced outside U.S.
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images U.S. President Donald Trump announced Sunday a 100% tariff on movies produced outside of the United States, saying the U.S. movie industry was dying a “very fast death” due to the incentives that other countries were offering to draw American filmmakers. “This […]
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Footwear giants Nike, Adidas and others ask Trump for tariff exemption
A man shops for shoes at a Nike outlet store in Los Angeles on April 10, 2025. Frederic J. Brown | Afp | Getty Images America’s largest shoe brands are asking President Donald Trump for a tariff reprieve. The Footwear Distributors and Retailers of America trade group sent a letter to the White House this […]
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Here’s how China could retaliate against U.S. tariffs
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the […]
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‘Large number of foreign investors’ skittish about investing in America, longtime investor Rebecca Patterson warns
Fast Money ‘Large number of foreign investors’ skittish about investing in America, longtime investor Rebecca Patterson warns Published Fri, May 2 20257:28 AM EDT Anna Gleason@anna_gle WATCH LIVE Source
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Trump plans to unveil federal budget proposal on Friday
U.S. President Donald Trump at the White House on May 1, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a White House official. The annual White House budget request includes economic forecasts as well as detailed proposals about how […]
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