Tariff
Germany’s Merz says he agreed to boost cooperation with White House on trade issues
U.S. President Donald Trump and German Chancellor Friedrich Merz hold a meeting in the Oval Office at the White House on June 05, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images Chancellor Friedrich Merz on Thursday said Germany, Europe’s largest economy, was ready to take over a greater leadership role on future trade agreements […]
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CNBC Daily Open: Trump’s relationships can send markets roiling
US President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Developments from the White House are growing more exciting and unpredictable than […]
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Lululemon shares tumble 20% as it cuts full-year guidance, citing ‘dynamic macroenvironment’
People walk past a Lululemon department store in New York City on June 5, 2024. Michael M. Santiago | Getty Images Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin […]
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Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Bottles of the American whiskey Jack Daniel’s are offered for sale in a liquor store on November 27, 2023 in Chicago, Illinois. Scott Olson | Getty Images Shares of Jack Daniel’s-maker Brown-Forman plunged more than 18% on Thursday after the company reported quarterly earnings that came in below analyst estimates, weighed down by the impact […]
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Investor appetite for the safe haven Swiss franc is causing problems for its central bank
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images U.S. President Donald Trump’s trade policies have rocked global equities in recent weeks, driving investors to seek out pockets of safety in financial markets. One of the beneficiaries of the market volatility has been the […]
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CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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In China, ‘The Great American’ burger is now made with Australian beef
At his restaurant in Beijing, Geng Xiaoyun used to offer a special dish of salt-baked chicken feet — or “phoenix talons” as they are called in China — imported from America. With prices climbing 30% from March due to tariffs, the owner of Kunyuan restaurant had to pull the Chinese delicacy from the menu. “American […]
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As the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
“It’s become quite emotive,” one market watcher told CNBC. “Nobody wants to invest in an environment where the government might change its mind overnight.” Source
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CNBC Daily Open: It’s a dicey matter to play ‘chicken’ in markets
U.S. President Donald Trump delivers remarks at U.S. Steel Corporation – Irvin Works in West Mifflin, Pennsylvania, U.S., on May 30, 2025. Leah Millis | Reuters When threatened, birds puff up their feathers to appear larger than they actually are, and squawk to signal aggression. On Friday, U.S. President Donald Trump suggested he would no […]
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