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

Companies Say Trade War Has Cost Them More Than $34 Billion

Companies Say Trade War Has Cost Them More Than $34 Billion
Companies Say Trade War Has Cost Them More Than $34 Billion
May 29, 2025  |  Economy

The trade war sparked by new U.S. tariffs has reportedly cost companies over $34 billion in lost sales and higher costs. Reuters made that estimate...

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GDP Shows Consumer Resilience Under Pressure as CEOs Eye Recession
GDP Shows Consumer Resilience Under Pressure as CEOs Eye Recession
May 29, 2025  |  Economy

Tariffs are in limbo. GDP is shrinking. CEOs are pessimistic. And consumers are caught in the middle of all the uncertainty, buffeted by rising prices...

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White House Tariffs Quashed by US Trade Court
White House Tariffs Quashed by US Trade Court
May 29, 2025  |  Legal & Regulation

A federal court has largely blocked White House tariffs following a lawsuit by Democrat-led states. The ruling, handed down by the U.S. Court of International...

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Dick’s Sporting Goods Sales Rise as Consumers ‘Prioritize Activities’
Dick’s Sporting Goods Sales Rise as Consumers ‘Prioritize Activities’
May 28, 2025  |  Earnings

Dick’s Sporting Goods says that even amidst tariff worries, people want to be active. It’s that mindset that the athletics retailer said helped drive a...

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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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