Trade
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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Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when […]
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Trump tariffs will hurt lower income Americans more than the rich, study says
Key Points Tariffs imposed by President Donald Trump are expected to raise costs on products for U.S. consumers. However, tariffs would hurt lower income households with a minimal impact on the top one percent of earners in 2026, according to an analysis by the Institute on Taxation and Economic Policy. Source
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Trump tariffs will hurt lower income Americans more than the rich, study says
Key Points Tariffs imposed by President Donald Trump are expected to raise costs on products for U.S. consumers. However, tariffs would hurt lower income households with a minimal impact on the top one percent of earners in 2026, according to an analysis by the Institute on Taxation and Economic Policy. Source
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Inflation job nearly done but tariff risks loom — What European Central Bank members said this week
Guests and attendeess mingle and walk through the atrium during the IMF/World Bank Group Spring Meetings at the IMF headquarters in Washington, DC, on April 24, 2025. Jim Watson | Afp | Getty Images After years dominated by the pandemic, supply chains, energy and inflation, there was a new topic topping the agenda at the […]
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CNBC Daily Open: Markets rise as tech boost offsets trade worries — for now
Major U.S. tech names reported their first-quarter results Thursday, offering markets something more to chew on besides all the tariff-related news. U.S. stock indexes rallied: the Dow regained the 40,000 level and the S&P500 and Nasdaq posted gains of over 2%. While tech appears to be at the forefront of investors’ mind for now, tariffs […]
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Emerging markets are betting on a post-tariffs winner — and it’s not China or the U.S.
Visitors look at the city skyline from a park in Kuala Lumpur on September 30, 2021. (Photo by Mohd RASFAN / AFP) (Photo by MOHD RASFAN/AFP via Getty Images) Mohd Rasfan | Afp | Getty Images Emerging markets have found themselves between a rock and a hard place amid an escalating trade war, seemingly forced […]
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South Korea calls for ‘calm, orderly’ talks with the U.S. amid hopes of a tariff deal by early July
South Korea’s Trade, Industry and Energy Minister Ahn Duk-geun (right) arrives at Incheon International Airport on April 23, 2025, as he departs for Washington for finance and trade ministers’ talks with the U.S. Jung Yeon-je | Afp | Getty Images South Korea has asked for “calm” and “orderly” discussions with the U.S. on trade issues, […]
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Trump refutes China’s claim of no trade talks
U.S. President Donald Trump in the Oval Office at the White House. Leah Millis | Reuters President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that no discussions have taken place to ease the ongoing trade war. “They had a meeting this morning,” Trump told reporters, declining to say to whom he was referring. […]
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The trade war’s wave of retail shortages will hit U.S. consumers in stages. Here’s when
The Washington Post | The Washington Post | Getty Images Warnings of empty store shelves have been in the headlines as multiple press reports indicate that CEOs of America’s top retail stores told President Trump that a prolonged trade war would lead to shortages. When could that become a reality, and what product categories would […]
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