European Stocks Jump on EU-US Tariff Deal
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Stellantis said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from U.S. tariffs for 2025, with operating income in the second half set to be in the low-single digits following a tough first half.
Carter's, Inc. sees comp sales growth despite a shrinking US baby market, but profitability and valuation still struggle. Click for my CRI earnings update.
The US-EU trade deal (if we are calling these agreements “trade deals”) further cements the consensus that we are heading to an average US tariff rate of about 15 per cent on goods (plus higher tariffs on macho commodities, such as steel). This is up from just 2 per cent or 3 per cent last year.
By Twesha Dikshit (Reuters) -European equities edged higher on Tuesday, lifted by gains in EssilorLuxottica amid a slew of corporate results, even as markets assessed the fallout from the newly inked trade deal between Washington and Brussels.
Demand challenges, especially in autos and construction, are limiting Nucor’s ability to capitalize on tariff advantages. Read why NUE stock is a Hold.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
President Trump's tariffs could hit the economy badly and lead to higher inflation. But Wall Street investors are reacting by sending stocks to record highs.
Hence, the impact of US tariffs on the UK automotive industry are likely to be considerable. This is the opinion of motoring expert and CEO Mike Fazal, who joined the firm Leasing.com during 2024 as Chief Operating Officer to lead the business operations and to support the CEO to deliver the group’s growth objectives.
As Trump eyes an Aug. 1 deadline for countries to come to trade deals or face the tariffs that he originally announced in April, he has touted the agreements he has made in recent days — while maintaining that it would be difficult to meet with all world leaders.
More than $13 trillion of market cap has been added back to MSCI’s all-country stock index from an April 8 low, data compiled by Bloomberg show, as the gauge trades at the highest level since ...