tariff impact News

US Manufacturing PMI Dips Below 50 in July, Signaling First Contraction in 2025

The US Manufacturing PMI dropped to 49.8 in July, indicating contraction for the first time in 2025. Factors include client uncertainty due to tariffs and a decline in new export o...

Stellantis Projects €74.3B H1 Revenue Amid Challenges, Eyes Stronger Second Half

Stellantis NV expects €74.3 billion in H1 fiscal 2025 revenues but projects a €2.3 billion net loss. The company anticipates a stronger second half with new products, despite a 6% ...

US Dollar Slightly Declines Against Vietnamese Dong and Major Currencies Amid Global Market Fluctuations

The US dollar has seen a slight decline against the Vietnamese dong and major currencies, influenced by adjustments from Vietcombank and the State Bank of Vietnam, alongside global...

Korea Slips in U.S. Import Market: A Deep Dive into the Shifting Competitive Landscape

Korea's U.S. import market share drops from 7th to 10th amid tariff changes, with major declines in automobile and auto parts exports. The competitive landscape shifts as Mexico an...

Disney's Q2 Financial Results: Navigating Tariff Challenges and Subscriber Trends

Disney prepares to release its Q2 fiscal 2025 results amidst U.S.-China trade tensions and potential tariff impacts. Analysts remain hopeful but warn of recession effects on ad rev...

Volvo Reports a 7% Drop in Q1 Sales Amid Rising Tariff Uncertainties and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. The company remains profitable, focusing on adapting to geopolit...

ASML's Stellar Q1 Performance: Net Sales Leap 45% to €7.7 Billion Amid AI Boom

ASML Holding NV announced a 45% jump in Q1 net sales to €7.7 billion, with net income doubling to €2.4 billion. The company forecasts continued growth, driven by AI, despite macroe...

TCS Takes a Pause: Annual Salary Hikes Deferred Amid Economic Uncertainty

TCS delays annual salary hikes amid economic slowdown and tariff uncertainties, with increments moderating to single digits for many IT professionals.

First-Quarter Financial Showdown: Delta and Major Banks Set to Unveil Earnings Amid Tariff Talks

This week's earnings reports from Levi Strauss, Delta Air Lines, and major US banks will provide early insights into the first-quarter financial performance and the potential impac...

Hyundai Stands Firm: Freezes US Vehicle Prices Amid Rising Tariff Concerns

Hyundai Motor America introduces a price freeze initiative to protect customers from tariff and market volatility impacts, ensuring no MSRP increases for vehicles bought or leased ...

Dow Futures Plunge 1,000 Points: A Tariff Turmoil Shakes Global Markets to the Core

Dow futures plummet by 1,000 points amid tariff fears, causing widespread market panic. Analysts are evaluating the impact on global trade and economy, with more updates to follow.