Daniel Ghali, Director, Commodities Strategy at TD Securities, breaks down what it could mean for oil, gold and the wider commodities sector.
Cathie Wood warns Trump’s tariffs could tip the U.S. into recession — but says innovation and smart policy could fuel a stronger recovery.
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
'Oh sh--.' RH CEO sees stock slide as reciprocal tariffs unveiled during Q4 earnings conference call
A real-time reaction to the impact of President Donald Trump's tariff actions and lackluster earnings has the CEO of luxury furniture maker RH in the spotlight.
Experts advise caution. Earlier this week, gold prices soared to another record high as investors fled to safer assets. Trump’s sweeping tariffs of at least 10% on most countries, and higher on some,
While President Trump exempted energy products from reciprocal tariffs, he didn’t include a carve-out for many of the components being used to construct multi-billion dollar liquefied natural gas export facilities,
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The exemption may be short-lived if President Trump makes good on threats to use tariffs as leverage to bring drug production back to the United States.
Former Obama economic advisor Robert Wolf and economist Steve Moore discuss President Donald Trump’s reciprocal tariffs and how other countries are responding on ‘The Story.’