Google reports strong earnings amid DoJ antitrust lawsuits and Trump tariffs | Alphabet
Google’s parent company Alphabet reported strong Despite being caught up in antitrust laws brought by the US government, revenues for the first quarter on Thursday The stock price has fallen 17% since the start of the year. This is The company’s first revenue report since Donald Trump imposed tariffs on trading partners around the world. […]
Major firms cut earnings forecasts as Trump’s tariffs are posed to impact everyday product prices — here’s how it could affect your wallet
Procter & Gamble, Pepsico and LG cut forecasts significantly on Thursday, warning of rising prices for everyday products ranging from toothpaste to toilet paper due to President Trump’s tariffs. Procter & Gamble – the conglomerate behind major brands like Tide, Charmin, Bounty, Luvs and Crest – predicts flat sales growth from pre-projections of 2% to […]
Laffer: Tariffs could wreak havoc on economy
Famous conservative economist Art Laffer said in a new interview that President Trump’s tariffs could potentially deprive the economy of the economy. “People who see the facts don’t know how to argue that protectionism doesn’t cause a recession,” Laffer said. I said in the interview There will be Axios on Wednesday. “The more protectionism, the […]
Hyundai reveals task force, production shifts to tackle US tariffs
On Thursday, Hyundai Motors created a task force to combat President Trump’s tariffs, shifting production of its most popular model to the US to avoid heavy import taxes. The South Korean automaker said some of its Tuxon production will move from Mexico to its Alabama plant, and is considering whether to shift production of some […]
Unmissable Live Event: Trump and Norwegian PM Address the Turmoil of Tariffs!
President Trump and Norwegian Prime Minister Jonas Gahr Støre will deliver a statement Thursday afternoon following a White House discussion where the president aims to address the trade conflict. Støre’s visit follows Trump implementing a 10% basic import tax on nearly all overseas imports and applying increased reciprocal tariffs in various nations. This action has […]
Most expect higher prices from Trump tariffs: Survey
According to a new poll from the United States, most Americans expect higher prices due to President Trump’s tariff policy. Associated Press NORC Research Center. In the survey, 76% of respondents said Trump’s customs policy was trying to “a lot” or “somewhat” increase the prices of U.S. consumer goods. 12% said they believe the tariff […]
Durable goods orders skyrocketed in March ahead of Trump tariffs
Prior to Trump’s April 2nd tariff announcement, orders for durable goods surged in March. New manufactured orders rose 9.2% in March to $315.7 billion, compared to a 0.9% increase in February. Economists had predicted a rise of just 2%. Transportation orders rose 27% that month, while commercial aircraft orders rose 139%. Private capital goods orders […]
Nintendo Switch 2 fans crash Target, Best Buy websites during pre-orders after delay over tariffs
The Nintendo Switch 2 caused a massive online halt for retailers as they struggled to keep up with demand from enthusiastic gamers after sales were delayed due to tariffs on Japanese exports. Target, Best Buy and Walmart all had issues with their websites when fans were allowed to pre-order the highly anticipated gaming console on […]
EXCLUSIVE: President Trump on ‘judicial insurrection,’ tariffs, and 100 days in office
on wednesday, Glenbeck Sitting with President Donald Trump, he survived the first 100 days of the second Trump administration. Glenn is the first member of the media to get a 100-day retrospective sit down. And until Thursday night Can only be viewed in BlazetV. So Join now And take a look! In his first 100 […]
Twelve states sue Trump over tariffs
President Donald Trump’s drastic tariffs face major legal challenges from New York and 11 other states, claiming that the president has stepped over his authority and put the US economy at risk by imposing them without Congressional approval. The lawsuit, filed in the U.S. Court of International Trade, challenges Trump’s use of emergency under the […]