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Mnuchin Plays Down Impact of Tariffs

Testifying before a House committee, Treasury Secretary Steven Mnuchin said the U.S. economy hadn’t suffered as a result of the Trump administration’s use of tariffs......»»

Category: smallbizSource: wsjJul 12th, 2018

Mnuchin "Wouldn"t Minimize" Chance of Tariffs on All Chinese Goods

U.S. Treasury Secretary Steven Mnuchin said he ’wouldn’t minimize’ the possibility that the U.S. will impose tariffs on all $500 billion worth of goods that the U.S. imports from China, amplifying a threat made by President Donald Trump......»»

Category: topSource: wsj17 hr. 24 min. ago

Factbox: Impact of U.S-China trade tariffs on U.S. companies

Several U.S. companies are putting in place measures to cushion the impact of escalating trade tensions between the United States and China......»»

Category: topSource: reutersJul 20th, 2018

GE CEO says China tariffs" "gross cost" could be $400 million

General Electric Co, a major buyer of Chinese goods, estimates new tariffs on its imports from China could raise its costs by $300 million to $400 million overall before steps to lessen the impact, Chief Executive John Flannery said on Friday......»»

Category: topSource: reutersJul 20th, 2018

GE CEO says China tariffs could cost conglomerate up to $400 million

General Electric Co, a major buyer of Chinese goods, estimates new tariffs on its imports from China could raise its costs by $300 million to $400 million overall before steps to lessen the impact, Chief Executive John Flannery said on Friday......»»

Category: topSource: reutersJul 20th, 2018

Factbox: Impact of trade tariffs on European companies

Some European companies are rethinking their strategies to cushion against the impact of trade tensions between the world's two biggest economies, the United States and China......»»

Category: topSource: reutersJul 20th, 2018

Apple Watch, Fitbit may feel impact of tariffs, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 20th, 2018

Tariffs imperil a hometown business in South Carolina: BMW

The automaker became the No. 1 exporter of American-made cars, transforming Spartanburg. Now it is weighing the impact of an escalation of the trade fight......»»

Category: topSource: moneycentralJul 20th, 2018

Tariffs imperil a hometown business in South Carolina: BMW

The automaker became the No. 1 exporter of American-made cars, transforming Spartanburg. Now it is weighing the impact of an escalation of the trade fight......»»

Category: topSource: moneycentralJul 20th, 2018

Farmers raising concerns about the impact of tariffs

FBN's Edward Lawrence on farmers' concerns about tariffs' impact on U.S. agriculture......»»

Category: topSource: moneycentralJul 19th, 2018

Alcoa"s stock tumbles to pace NYSE decliners after outlook cut, citing "unfavorable" tariff impact

Shares of Alcoa Corp. tumbled 8.3% toward a seven-month low in active morning trade Thursday, enough to pace all the decliners listed on the NYSE, after the aluminum company cuts its outlook, citing the unfavorable impact of aluminum tariffs.....»»

Category: topSource: marketwatchJul 19th, 2018

Danaher sees one cent per quarter impact from U.S.-China tariffs

Danaher Corp said on Thursday it expects an earnings impact of a cent per quarter from the U.S.-China trade tariff dispute......»»

Category: topSource: reutersJul 19th, 2018

Fed report shows tariff concerns rising among business contacts

Manufacturers in every one of the Federal Reserve's 12 districts worried about the impact of tariffs, a Federal Reserve report said on Wednesday, even as the U.S. economy continued to expand at a moderate to modest pace......»»

Category: topSource: moneycentralJul 18th, 2018

"Things Are Getting Real" - Companies Are Reporting The Impact Of Tariffs On Their Business

While President Trump's latest round of tariffs has only just taken effect, and his earlier tariffs on steel and aluminum weren't widely imposed on American allies until May, American companies, or foreign firms' US-based subsidiaries, are.....»»

Category: blogSource: zerohedgeJul 17th, 2018

Boeing's CEO Muilenberg expresses concern about the impact of tariffs and trade restrictions - CNBC

CNBCBoeing's CEO Muilenberg expresses concern about the impact of tariffs and trade restrictio.....»»

Category: topSource: googlenewsJul 16th, 2018

Boeing concerned about tariff talk, but no business impact yet

Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday......»»

Category: topSource: reutersJul 15th, 2018

Fed’s Kaplan already sees “chilling effect” of tariffs

Dallas Fed President Robert Kaplan said businesses is his district are already responding to increased tariffs by delaying investments and raising costs, raising his concern about the economic impact of a prolonged trade war......»»

Category: videoSource: reutersJul 13th, 2018

Asian shares extend rebound but trade fears dog China stocks

Most Asian share markets rose on Friday, heartened by gains on Wall Street fueled by expectations of strong U.S. earnings, but China's markets wobbled as investors braced for the impact of broadening, tit-for-tat Chinese-U.S tariffs......»»

Category: topSource: reutersJul 13th, 2018

After the Bell: The Dow, Like the Economy, Is in a Really Good Place

The stock market soared today as investors continue to wrestle with the potential impact of tariffs. Broadcom was the biggest loser today after agreeing to buy CA, the biggest winner......»»

Category: blogSource: barronsJul 12th, 2018

The impact of the latest proposed US tariffs on industry sectors, in one chart

Bill Pugliano/Getty Images US stocks fell heavily on Wednesday, like other markets around the world. J.....»»

Category: topSource: businessinsiderJul 11th, 2018

European exporters shift trade and supply chains to avoid higher US tariffs

European companies that export from China are changing the global flow of their goods to avoid higher American tariffs, a business group said Tuesday, as the impact of the U.S.-Chinese trade war spreads.        .....»»

Category: topSource: usatodayJul 10th, 2018