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Tariffs
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Duluth Holdings Inc. (DLTH) reported Q2 2026 operational gross margin improved by nearly 500 basis points and received $16.3 million in tariff refunds, contributing $0.44 to diluted EPS.
The company also reduced clearance inventory by 43% and total inventory by 15.5% year-over-year, while achieving five consecutive quarters of net income margin and free cash flow gains. Duluth Holding
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Sony dismisses PS5 buyers' $508M tariff refund claim as 'illogical'
Sony has asked a federal judge to dismiss a class action lawsuit demanding that PlayStation 5 buyers receive a share of the $508 million it expects to recover in tariff refunds. Sony's lawyers argue t
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Canadian PM Carney Claps Back at Lutnick, Says Canada Will Resume Trade Talks 'When Americans Are Ready'; Trump Responds
Canadian Prime Minister Mark Carney on Thursday refuted U.S. Commerce Secretary Howard Lutnick's claims that Ottawa tanked trade talks for political purposes, stating Canada is ready to resume negotia
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The U.S. will impose tariffs of up to 100% on drones and certain components starting Thursday, citing national security threats and aiming to boost domestic supply chains.
US President Donald Trump signed an executive order in August to address national security threats posed by drone imports and boost domestic supply chains. Drones weighing over 25 kilograms, equipped
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Trump Considers More Tariffs on Chips
Trump Considers More Tariffs on Chips
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USTR Greer met with House Republicans on Wednesday amid Trump's trade disputes, including new tariffs on Canada and plans to lower beef import tariffs that angered ranchers.
U.S. Trade Representative Jamieson Greer met with House Republicans on Wednesday to discuss President Donald Trump's ongoing trade war with Canada and his administration's plan to lower tariffs on 300
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Apollo's Slok Sees Iran War, Tariffs Driving US Yields Higher
Torsten Slok, chief economist at Apollo Global Management, believes the US fiscal situation has little to do with upward pressure on US yields. He notes there are fewer worries about US policy making
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Cantor Fitzgerald CEO Lutnick Says US Is Considering Semiconductor Tariffs
Cantor Fitzgerald CEO Lutnick Says US Is Considering Semiconductor Tariffs
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Trump Escalates Trade War with Canada, Stating 'I Don't Want Canadian Anything' and Plans 50% Tariffs on Autos and Parts from Jan. 1
Former President Donald Trump dramatically escalated political pressure against Canada, stating on Truth Social on Sunday that he doesn't want "Canadian cars, Canadian parts, I don't want Canadian any
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Riverwater Partners added Kaiser Aluminum (KALU) to its Q2 2026 Small Cap Strategy portfolio, citing Middle East supply disruptions and tariffs supporting elevated aluminum prices through 2027.
Riverwater Partners, an investment management company, stated in its Q2 2026 investor letter that it purchased Kaiser Aluminum Corporation (NASDAQ:KALU) due to approximately 2.5 million tons of global
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A Reuters/Ipsos poll shows 57% of Americans oppose Donald Trump's new tariffs on Canadian imports.
A Reuters/Ipsos poll shows 57% of Americans oppose Donald Trump's new tariffs on Canadian imports.
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US, China Discuss Cutting Tariffs on "Non-Sensitive" Products Ahead of Trump-Xi Summit
The United States and China are considering reducing tariffs on "non-sensitive" products ahead of a summit between the two countries' top leaders. However, according to sources familiar with the matte
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MarketWatch Analysis: Collapse of U.S.-Canada Trade Talks Benefited American Aluminum Industry
The media outlet noted that the failure to cut tariffs on Canadian primary and fabricated aluminum products prevented U.S. manufacturers from facing a greater cost disadvantage against foreign produce
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Retailers such as Walmart and e.l.f. Beauty are using tariff refunds to lower product prices.
According to The Wall Street Journal, importers have received over $160 billion in refunds after the Supreme Court ruled that Donald Trump did not have the authority to impose tariffs. Walmart has uti
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South Korea Rejects U.S. Congressional Allegations of Discrimination Against Coupang, Amidst Strained U.S.-Korea Relations and Pressure from Potential U.S. Tariffs
Sources indicate that the South Korean government has rejected accusations from the U.S. Congress regarding discrimination against American e-commerce giant Coupang, leading to strained relations betw
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South Korean automakers finalize wage talks, shift focus to H2 sales amid market pressures
South Korea's five major automakers are set to conclude their annual wage negotiations as early as Monday, including Hyundai Motor Co. which is holding a union vote on a tentative agreement. This reso
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The U.S. is tightening restrictions on foreign-made drones and advanced robots, with drone tariffs set to take effect in September.
Washington D.C. tightened restrictions on foreign-made advanced robotic systems and imported drones and their components in July and August, citing national security concerns. Among these, drone tarif
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Vietnam Deputy PM Reaffirms Readiness for "Constructive" US Trade Talks to Revitalize Tariff Negotiations
Vietnam Deputy Prime Minister Nguyen Van Thang reiterated to US Trade Representative Jamieson Greer the country's readiness for "open, constructive" trade talks, aiming to reinvigorate months-long neg
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Laura Ingraham highlights US trade deficit decrease of $189.3 billion (33.8%) year-to-date, with exports up 11.7% and imports up 0.4%, questioning critics of tariffs.
Laura Ingraham highlighted that the US goods and services deficit decreased by $189.3 billion, or 33.8%, from the same period in 2025. Exports increased by $198.3 billion, or 11.7%, while imports rose
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Canadian economy grew 3.3% in Q2, fastest since 2023, exceeding central bank forecast, but new 50% US tariffs on $20bn exports inject uncertainty
The annualized growth rate was higher than the Bank of Canada's July forecast of 2.5%. This recovery was driven by a 3.6% jump in exports, the biggest increase in over three years, and solid domestic
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Target (TGT) Q2 profit beats expectations, with nearly $1 billion from Donald Trump tariff refunds
Target reported earnings on August 20, achieving its second consecutive quarter of comparable sales growth and raising its full-year sales forecast to approximately 5% for the second time. However, th
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Canadian economy grows 3.3% annualized in Q2, fastest since 2023, driven by exports and domestic demand
Canada's economy rebounded sharply in the second quarter, growing at an annualized rate of 3.3%, the fastest since 2023. This recovery was aided by a 3.6% jump in exports and a 1% rebound in final dom
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WSJ's Nick Timiraos Says Tariffs Translate Into Substantially Larger Movements In Spending Than In Prices
WSJ's Nick Timiraos Says Tariffs Translate Into Substantially Larger Movements In Spending Than In Prices
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Former IMF deputy Gita Gopinath says Trump's tariffs are 'straight-out protectionism'
The economist also commented on looming threats to the dollar and described the current global economic situation as a 'great gamble'.
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US and China agree on tariff relief for $30bn of nonsensitive goods each
The White House announced late Friday that the U.S. and China have agreed on recommendations for "more favorable tariff treatment" covering $30 billion of nonsensitive products traded in each directio
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Chinese Orders to US "Unexpectedly" Jump Ahead of Summit, Companies Prepare for Trade Stability, Survey Shows
Orders for Chinese goods from US companies saw an unexpected surge in the weeks leading up to the recent US-China summit, according to a survey by New York research firm China Beige Book. The index me
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EU urges UK to raise tariffs on Chinese cars to avoid 'made in Europe' barriers
The European Union is urging the UK to raise tariffs on Chinese cars to prevent the creation of 'made in Europe' barriers. London has been lobbying intensely for equal treatment of British products bu
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China's Ministry of Commerce confirmed holding its first AI talks with the United States and discussed tariff reductions and the extension of trade arrangements; this follows earlier statements from US Treasury Secretary Scott Bessent that both sides had agreed to extend the trade truce until January next year.
China's Ministry of Commerce confirmed on Thursday that its senior trade negotiators have held their first artificial intelligence talks with the United States. Spokesperson He Yadong stated that both
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India Halves Import Taxes on Crude Palm and Soybean Oils to Ease Local Prices Ahead of Festive Season
India, the world's largest buyer of edible oils, has halved import taxes on crude palm and soybean oils. This measure is aimed at reducing local food costs as the country approaches its festive season
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US Treasury Secretary Scott Bessent met again with Chinese Vice Premier He Lifeng in Washington, where both sides agreed to exclude non-sensitive goods to avoid future tariff actions; Chinese President Xi Jinping will arrive in the US for a summit with Donald Trump.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met again on the morning of September 23, Washington time, with Bessent stating the meeting aimed to address "unfinished busine
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Goldman Sachs Analysis: U.S. Inflation Overestimated Due to Temporary Tariffs and AI Statistical Bias
In its global economic analysis report published on September 22, Goldman Sachs noted that while US core inflation appears higher than most economies, after excluding two temporary factors unique to t
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US Treasury Secretary Bessent Discusses Tariffs with China
US Treasury Secretary Bessent Discusses Tariffs with China
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US LNG Producers to See Opportunities if Trump and Xi Ease Tariffs
US LNG Producers to See Opportunities if Trump and Xi Ease Tariffs
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U.S. officials stated that U.S.-China talks made progress on tariff exemptions and AI dialogues, laying the groundwork for a summit between the two heads of state.
U.S. senior officials stated on Sunday that the U.S. and China have agreed to exempt "non-sensitive" goods from future tariff actions and establish formal dialogue channels on artificial intelligence.
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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WSJ Opinion: Treasury Secretary Bessent Faces Predicament Amid 5% 10-Year Yields, Tariffs Blamed for Bond Busting
The Wall Street Journal's opinion piece highlights that 10-year Treasury bond yields are around 5%, leading to higher borrowing costs for Treasury Secretary Scott Bessent. The article points out that
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US companies, especially manufacturers and retailers, are being squeezed by tariffs, soaring fuel costs from Iran war, and rising interest rates
American companies, particularly those in manufacturing, auto supply, retail, and transportation, are facing a triple squeeze. Tariffs under Trump's trade policies are increasing raw material costs, t
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Trump criticizes Supreme Court decisions on tariffs and birthright citizenship, claims they cost U.S. trillions of dollars
Donald J. Trump stated on Truth Social that the United States Supreme Court has lacked the courage to "MAKE AMERICA GREAT AGAIN." He claimed that over the last 6 months, the Court's "faulty, political
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Mexico's Sheinbaum says she spoke with Trump, seeking tariff decrease in ongoing trade negotiations
Mexican President Claudia Sheinbaum stated she had a "very good" phone call with Donald Trump on Wednesday, aiming for a bilateral trade deal that would reduce US tariffs on Mexican products like stee
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Canadian PM Carney welcomes EU associate membership proposal; Trump threatens tariffs if alliance proceeds
Canadian Prime Minister Mark Carney stated in the European Parliament that Canada welcomes the prospect of becoming the EU’s first associate member, aiming to be a “beacon for democracies” rather than
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European carmakers warn EU-UK tariffs could be ‘catastrophic’
European carmakers argue that stricter rules of origin should be delayed to allow more time for supply chains to be established, warning that new EU-UK tariffs could be ‘catastrophic’ for the industry
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India warns US that new tariffs of up to 100% on Russian oil purchases could impact bilateral ties
India's foreign ministry stated on Thursday that it is firmly committed to ensuring energy security for its 1.4 billion people and will take all necessary measures to protect its trade and economic in
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White House: Trump Administration Imposed 25% Tariffs on Upholstered Wooden Furniture to Protect North Carolina Industry
The White House report on President Trump's achievements in North Carolina noted the administration's efforts to protect the state's furniture industry. This included imposing Section 232 tariffs on i
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The U.S. House of Representatives is expected to pass a comprehensive sanctions bill against Russia on Wednesday, allowing the President to impose tariffs of up to 100% on countries such as China and India that purchase Russian oil and gas.
The bill, introduced by the late Senator Lindsey Graham, aims to punish Russia for its ongoing invasion of Ukraine. The bill would also sanction Russian leaders, officials, and financial institutions,
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US and China Discuss Cutting Tariffs on American Energy and Agricultural Products Ahead of Next Week's Leaders' Summit
The discussions aim to solidify prospects for an extension to the US-China trade truce.
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Trump wrote the foreword for Brian Pannebecker's new book, reiterating support for tariffs and "MADE IN THE U.S.A." policies
Trump wrote the foreword for Brian Pannebecker's new book, "Blue Collar Conservative: From Reagan to Trump," stating that tariffs are required to "MAKE AMERICA GREAT AGAIN" and praising Pannebecker fo
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Nissan Americas Chairman Christian Meunier Says US Auto Tariffs Forced Company to Accelerate US Production
Christian Meunier, chairman of Nissan Americas, stated that while US auto tariffs have been challenging to manage, they ultimately compelled Nissan to accelerate its localization and production effort
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Germany to Lobby EU on New China Policy, May Seek More Tariffs
Germany to Lobby EU on New China Policy, May Seek More Tariffs
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