trade war

A trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party.

Source: en.wikipedia.org

Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’
Small Businesses Say Administration’s Tariffs Are ‘Appalling and Hard to Deal With’
May 27, 2025  |  SMBs

While Wall Street rejoiced at the U.S.-China tariff truce, small businesses have less to celebrate. As The New York Times (NYT) reported Tuesday (May 27), these enterprises...

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Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
May 21, 2025  |  Retail

Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. This message may signal that...

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Home Depot Sales Could Soften Due to Tariffs
Home Depot Sales Could Soften Due to Tariffs
May 19, 2025  |  Retail

One of Home Depot’s critical sales metrics is expected to slow when it reports earnings. That’s according to a report Monday (May 19) from Bloomberg...

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Richemont Aims to Avoid Price Backlash Seen in Luxury Sector
Richemont Aims to Avoid Price Backlash Seen in Luxury Sector
May 16, 2025  |  Retail

Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. The owner of Cartier and other luxury brands has benefited...

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Temu and Shein to Rethink Supply Chains During Temporary Lowering of US Tariffs
Temu and Shein to Rethink Supply Chains During Temporary Lowering of US Tariffs
May 13, 2025  |  Retail

Temu and Shein reportedly have an opportunity to restock their U.S. warehouses during a temporary reduction in tariffs. An agreement between the U.S. and China...

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Small Businesses Slash Staff and Tap Savings in Face of Tariffs
Small Businesses Slash Staff and Tap Savings in Face of Tariffs
May 11, 2025  |  SMBs

American small businesses are reportedly taking some extreme actions to survive tariffs on China-made goods. As The Wall Street Journal (WSJ) reported Sunday (May 11),...

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‘Uncertainty’ Talk on Earnings Calls Jumps 49% on Tariff Concerns
‘Uncertainty’ Talk on Earnings Calls Jumps 49% on Tariff Concerns
May 11, 2025  |  Earnings

The specter of tariff-related uncertainty continues to haunt corporate quarterly earnings calls. The term “uncertainty” appeared in 35% of first-quarter calls, jumping 49% from the...

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Fed: Consumer Expectations ‘Deteriorate Sharply’ in Wake of Tariffs
Fed: Consumer Expectations ‘Deteriorate Sharply’ in Wake of Tariffs
May 08, 2025  |  Consumer Insights

Americans have a bleak outlook about their financial futures, new Federal Reserve data shows. The latest edition of the Federal Reserve Bank of New York’s...

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Europe: Tariffs on US Cars Could Come if Trade War Doesn’t End
Europe: Tariffs on US Cars Could Come if Trade War Doesn’t End
May 08, 2025  |  Economy

The European Union (EU) is threatening to tariff American car exports if trade negotiations fail. As the Financial Times (FT) reported on Thursday (May 8),...

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