Retail earnings to put tariffs' impact in focus; Trump says semiconductor tariffs coming soon

Trade partners grow restless; retail earnings to put tariffs’ impact in focus; Trump says semiconductor tariffs coming soon

The US trade partners that believed they had worked out agreements with President Trump to avoid the harshest tariffs — such as the exemption for UK steel — are still waiting for their “deals” to be sealed, Bloomberg reports. And they’re growing impatient as the tariffs’ impact are beginning to have economic consequences. “We’re continuing…

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Retail earnings to put tariffs' impact in focus; Trump says semiconductor tariffs coming soon

Retail earnings to put tariffs’ impact in focus; Trump says semiconductor tariffs coming soon

Several major retailers will report earnings in the coming week, which may give a first glimpse into how President Trump’s tariffs have affected their bottom lines. The list includes Walmart (WMT), Target (TGT), Home Depot (HD), Lowe’s Companies (LOW) TJ Maxx parent TJX Companies (TJX) and Ross Stores (ROST). During Walmart’s first-quarter earnings call, CEO…

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