Rep. Eric Burlison, R-Mo., talks President-elect Trumps tariff plans, the DOJ dropping Trumps federal election case and a bill to abolish Americas Bureau of Alcohol, Tobacco, Firearms and Explosives. Mexican President Claudia Sheinbaum has clapped back at President-elect Trump’s proposed 25% tariff on imported goods from Mexico, saying she would impose tariffs of her own…
New York CNN — During President-elect Donald Trump’s first term, America launched an all-out trade war with China to boost US manufacturing, secure US national security interests and resolve what Trump believed was an extremely out-of-balance trade relationship. President Joe Biden kept most of those tariffs in place and added a few new ones, too….
MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Sheinbaum said she was willing to engage in talks…
Mexican President Claudia Sheinbaum addressed U.S. President-elect Donald Trump‘s renewed threats of steep tariffs this week, asserting that migrant caravans are no longer reaching the U.S.-Mexico border. Her remarks underscored growing tensions as Trump plans to tighten immigration policies and impose a 25 percent tariff on Mexican imports. Trump declared that the tariffs would remain…
The dollar advanced after President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, upending recent macro bets on more measured economic plans from the next administration. The Bloomberg Dollar Spot Index was up 0.4% after earlier climbing as much as 0.7% on Tuesday after Trump announced the proposals in social media posts to…
Mexico’s president Claudia Sheinbaum has rebuked Donald Trump’s threat to impose steep tariffs on Mexico, arguing the plan would do nothing to halt the flow of migrants or drugs bound for the US border, and vowing that Mexico would hit back with tariffs of its own. “One tariff would be followed by another in response,…
As the market moved toward Friday’s launch of the Black Friday holiday shopping season, retail stocks were in motion. Earnings reports rolled out Tuesday from Dick’s Sporting Goods (DKS), Burlington Stores (BURL), Abercrombie & Fitch (ANF), Best Buy (BBY) and Kohl’s (KSS). Dick’s led the group, moving sharply higher in early trade, then narrowing its…
The S&P 500 Is on Track for a Record Close With FOMC Minutes on Tap The S&P 500 on Tuesday was trading above its highest close on record with only Fed minutes and the central bank’s preferred inflation gauge in between Wall Street and the Thanksgiving break. The Nasdaq Composite was up 0.5%. The Dow…
The company’s Bitcoin strategy has trounced the market and made shareholders rich. But will the good times continue? MicroStrategy (MSTR -4.90%) has been public since the late 1990s. However, the company’s aggressive foray into Bitcoin has made it a bonafide market beater in recent years; the stock has soared more than 700% over the past year…
Shares of Arrowhead Pharmaceuticals (ARWR) catapulted Tuesday after the company inked a broad licensing deal with Sarepta Therapeutics (SRPT) for an array of gene-silencing products. ↑ X NOW PLAYING Biotech Stocks Are Shooting Higher. Here’s How You Can Play Them. The deal is worth a whopping $11.38 billion over the next five years. It includes…