Tag: #tariffs

Nike’s sales held steady this winter, but profits fell 35% as tariffs and China weakness squeezed margins

Nike posted flat quarterly revenue but a 35% profit drop, citing higher tariffs, weaker China demand and a shift back toward wholesale sales.

#nike, #earnings, #tariffs, #china, #retail

U.S. launches 60 trade probes that could pave way for forced-labor tariffs on nearly all imports

USTR opens 60 Section 301 investigations into trading partners’ forced-labor import bans, potentially enabling broad new tariffs after a court setback.

#trade, #tariffs, #forcedlabor, #ustr, #supplychains

U.S., China keep talks alive in Paris as Trump’s 15% global tariff tests fragile truce

Treasury Secretary Scott Bessent and China’s He Lifeng left OECD talks with a “work plan” for a Trump–Xi summit—but no deal as tariffs and Iran war loom.

#uschina, #tariffs, #trade, #oecd, #supremecourt

U.S. launches sweeping Section 301 probes into global ‘excess capacity,’ widening tariff threat beyond China

USTR opened Section 301 investigations into 16 economies over alleged state-driven overcapacity in steel, autos, batteries and solar, reviving tariff fights.

#trade, #tariffs, #manufacturing, #section301, #ustr

South Korea’s Rival Parties Rush Bill to Channel Up to $350 Billion in U.S. Investment as Tariff Deadline Looms

Seoul’s parties set a fast-track vote on a law enabling up to $350B in U.S. investment, seeking relief from threatened 25% U.S. tariffs.

#southkorea, #tariffs, #trade, #investment, #unitedstates

IMF Hails U.S. Growth but Warns Deficits Put Debt on ‘Stability Risk’ Path

IMF says U.S. growth is strong and inflation easing, but warns deficits of 7%–8% of GDP could push debt to 140% by 2031.

#imf, #usdebt, #deficit, #inflation, #tariffs

Banxico Pauses Rate Cuts at 7%, Citing New Taxes and Tariffs That Could Delay Inflation Target to 2027

Mexico’s central bank held its benchmark rate at 7%, ending 12 cuts, and warned new excise taxes and import tariffs may push inflation back to target by 2027.

#mexico, #banxico, #interestrates, #inflation, #tariffs