Tariffs

International Economics

Trump’s ‘Biggest Deal Ever’ With EU Prompts Yawn From Wall Street

Photo via Wiktor Dabkowski/ZUMAPRESS/Newscom

The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.

2 min read

Photo via Matthew Huang/Icon Sportswire EHK/Matthew Huang/Icon Sportswire/Newscom

Consumer

Is Nike Pulling Off Its Comeback Plan?

In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.

2 min read
Photo via HO/Jiji Press/Newscom

International Economics

Tariffs ‘The World Can Live With’: US-Japan Trade Pact Pushes Markets to Record Highs

While 15% tariffs would be nothing to toast in normal times, it seems pretty good after Trump first threatened Japan with a 24% tariff rate.

2 min read
Photo via imageBROKER/rafapress/Newscom

Banking

Goldman’s ‘Midas Touch’ During Turbulent Quarter Delivers Record Trading Results

Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.

2 min read

ETF Upside

Tariff Fallout Hasn’t Hit Markets Yet. Issuers Say That Could Change

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Strategists from Allianz and Invesco are cautioning investors about market performance in the second half of the year.

2 min read

Photo illustration by Connor Lin / The Daily Upside

Economics

Bet Your Bottom Dollar: Can the Sinking US Greenback Bounce Back?

The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.

5 min read
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Industrials

Pentagon to Take $400 Million Stake in Rare Earth Miner Outside Vegas

China accounts for nearly two-thirds of raw material production and 90% of the manufacturing of rare earth magnets.

2 min read
Photo via Lenin Nolly/SIPA/Newscom

Advisor Upside

Advisors Calm Clients After Trump’s Latest Tariff Announcements

Financial plans are designed to weather economic uncertainty, but it can be hard for clients to remember that.

2 min read

Industrials

Wired-Up Copper Prices Signal a Tariff-Powered Shock to Consumer Wallets

Photo via Cfoto/ZUMAPRESS/Newscom

A planned 50% tariff on copper has left commodities markets roiling and analysts toiling with the idea consumers paying for higher prices.

2 min read

Consumer

Shein, Temu Sales Slide After Losing US Duty-Free Loophole

Photo by Jetcityimage via iStock

In May, POTUS scrapped the “de minimis” exemption that allowed Shein and Temu to ship packages worth less than $800 to the US duty-free.

2 min read

Photo via ANNABELLE GORDON/UPI/Newscom

Economics

Jerome Powell is Finally Getting Specific

Simply put, Powell says he needs to wait and see June and July price data to know just how impactful and inflationary tariffs have been.

3 min read
Photo via Aaron Schwartz/CNP/ Polaris/Newscom

Inflation & Prices

Just How Much Data Does the Fed Need to Cut Rates?

Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.

2 min read
Photo via Li Ying / Xinhua News Agency/Newscom

International Economics

Washington Trade Talks With Beijing Drive S&P 500 Toward Record High

The on-off dynamic of the US-China economic relationship so far this year would make the writing rooms of most soap operas blush.

2 min read

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