Stock market ETFs SPY and QQQ surged as progress was made on resolving the government shutdown, with Trump fueling hopes of a $2,000 tariff check, indicating positive market sentiment amid political developments.
Despite social media backlash from Elon Musk and a proposed 100% tariff by Donald Trump, Netflix remains bullish due to its diverse content, international expansion, and strong subscriber retention, though short-term stock pressure may occur from social media trends.
President Trump has threatened to impose a 100% tariff on foreign-made movies, which could significantly disrupt the global entertainment industry and increase costs for consumers, though details on implementation remain unclear.
President Donald Trump announced a plan to impose a 100% tariff on all foreign-made movies, citing tax incentives abroad and impact on California, though details and enforcement remain unclear. The move could significantly affect the film industry and international film production, with mixed reactions from Hollywood and the stock market.
Mexico plans to impose a 50% tariff on Chinese cars in response to pressure from the United States, highlighting ongoing trade tensions and policy adjustments between the countries.
Wall Street anticipates Apple’s upcoming earnings call will discuss topics like China, tariffs, and the series 'Severance,' amid concerns over manufacturing costs and market share, with analysts predicting modest growth in earnings and revenue.
U.S. President Donald Trump announced a 25% tariff on India starting August 1, along with a penalty for trade practices he deems unfair, particularly related to India's purchase of military equipment and energy from Russia, as part of his broader trade policy and efforts to reduce the U.S. trade deficit.
Johanna Foods Inc. is suing the U.S. government over a proposed 50% tariff on Brazilian orange juice, arguing it would significantly increase prices for consumers and disrupt their business, amidst ongoing trade tensions between the U.S. and Brazil.
Donald Trump advocates for imposing a minimum tariff of 15-20% on all EU goods, signaling a potential escalation in trade tensions between the US and Europe.
The US has imposed a 17% tariff on Mexican tomatoes after withdrawing from a 2019 trade agreement, citing unfair trade practices, which is expected to increase prices for tomato products in the US and impact Mexican producers who hope to negotiate a new deal.
U.S. President Donald Trump announced a 50% tariff on copper starting August 1 to promote domestic industry development, citing national security concerns. The move aims to boost U.S. copper production, crucial for sectors like defense and electronics, amid reliance on imports from countries like Chile, Canada, and Mexico. The tariff follows a Section 232 investigation and is part of broader sectoral tariffs impacting costs for American consumers.
President Donald Trump announced a 50% tariff on all Brazilian goods amid a diplomatic dispute over Brazil's prosecution of former President Jair Bolsonaro related to alleged efforts to retain power through military force.
President Trump announced a 50% tariff on copper imports starting August 1, citing national security concerns, which caused copper prices to hit record highs due to its widespread use in various industries including electronics and defense.