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Tag: global economy

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China Strikes Back at Trump with Immediate 84% Tariffs on U.S. Goods

(Breitbart) China is slapping 84 percent tariffs on U.S. goods from Thursday, ramping the impost up from the 34 percent as previously announced, its finance ministry said on Wednesday. Beijing’s hurried move is just the latest shot in an international trade war sparked by U.S. President Donald Trump as he works to level the playing […]

Friday’s retail sales report arrives as retailers are poised to enter the start of the critically important holiday shopping season in less than two weeks.
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Markets Soar as White House Hits Pause on Global Tariffs

(TJV) Stocks surged and bond yields spiked Wednesday after President Donald Trump signaled a temporary retreat in his escalating trade war, offering Wall Street a moment of relief after weeks of turmoil. The S&P 500 soared 414 points, or 8.3%, to around 5,397, while the Dow Jones Industrial Average jumped 2,680 points, or 7.1%, to […]

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Nike Stock Plunges as Low-Wage Factories in China, Vietnam, Indonesia Face Trump’s Tariffs

(Breitbart) Nike stock is plunging on Thursday, the day after President Donald Trump announced reciprocal tariffs that will end the nation’s decades-long free trade policy. “NKE was last seen 11.3% lower at $57.62, as investors digest the long-term impact of rising supply chain costs on the company’s margins,” Schaeffer’s Investment Research reports. “The stock is […]

The publication is considered one of the most influential in New York Jewish circles and has witnessed enormous growth over the last decade