US tariffs may encourage Chinese BESS in Brazil and elsewhere
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Stock Market Outlook: 5 Risks to S&P 500 Investors Should Know About
The stock market has been on a months-long rally but the road ahead isn’t necessarily clear. On Monday, researchers at HSBC’s global investment team said they identified a handful of downside risks that could potentially “derail” the rally in stocks since President Donald Trump’s tariffs first rocked financial markets in early April. The bank said…
Trump sets 10% tariff on lumber imports, higher rates on wooden products
U.S. President Donald Trump signed a proclamation on Monday to set a 10% tariff rate on imports of lumber and 25% on vanities, kitchen cabinets and upholstered wooden products, the White House said. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on…
Investors of India’s generic drugmakers rattled
MUMBAI, INDIA – MARCH 3: A technician works at a Cipla laboratory March 3, 2002 in Vikhrohi, Mumbai, India. Jean-marc Giboux | 3rd Party – Misc | Getty Images Stocks of leading Indian drugmakers fell on Friday, even though the 100% U.S. tariffs on branded and patented drug imports are unlikely to affect these companies….
Trump’s Manufacturing, Immigration, Prices Priorities Are in Conflict
There’s a rule of thumb in apartment hunting: People want something affordable, spacious, and convenient, but in the end, they can only get two of the three. Big and cheap? Prepare for a long commute. Less expensive and downtown? Enjoy your shoebox. Spacious and well-located? Get ready to shell out big bucks. It’s a classic…
India, China should jointly oppose hegemony, tariff and trade wars: Chinese envoy
NEW DELHI: India and China should jointly oppose hegemony and “tariff and trade wars” while defending the interests of the Global South, Chinese ambassador Xu Feihong said on Tuesday, against the backdrop of the global impact of the US administration’s trade and tariff policies. Xu made the remarks while addressing an event hosted by the…
British Fashion Council CEO Laura Weir touts resilience as tariffs weigh
CEO of the British Fashion Council Laura Weir. Dave Benett | Dave Benett Collection | Getty Images The British Fashion Council’s newest CEO is bringing her own leadership flair to the role, touting resilience as a top trait to navigate difficult times amid tariffs and economic uncertainty. Laura Weir, a former creative director at Selfridges,…
Americans are still spending despite economic fears | Local News
Americans still opened their wallets last month, despite persistent fears about the economy, a slowing labor market and higher tariffs. Spending at US retailers rose 0.6% in August, the Commerce Department said Tuesday, unchanged from July’s upwardly revised 0.6%. Last month’s figure came in much better than economists’ expectations of a 0.2% increase, according to…
Trump’s push for NATO’s Russian oil sanctions
President Donald Trump is urging NATO allies to stop buying Russian oil to cut off its main source of funding for its war in Ukraine, a move that experts warn could impact global oil supply and raise gas prices in the U.S.”We’re not buying oil from Russia. (NATO) is buying a lot of oil from…
President Trump urges NATO allies to stop buying Russian oil
The president is pressuring NATO allies to stop purchasing oil from Russia, saying if they continue to do so, he’ll enact sanctions alongside them. Currently Turkey, Hungary, and Slovakia buy Russian oil, and others purchase Russian natural gas. Russia uses the profits to wage war in Ukraine. Now President Trump says NATO should also. Tariffs…