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Wall Street, GM and tariffs

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Wall Street ticks up to another record as GM and others show how tariffs are impacting them
Wall Street is hanging around its records on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies give updates on how much President Donald Trump’s tariffs are ...

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Wall Street ticks up to another record as GM and others show how tariffs are affecting them
News Tribune · 2h
Wall Street inches up to another record amid mixed profit reports
Nikkei surges in boost to Asia as Trump announces Japan trade deal
A rally in Japanese shares led Asian markets on Wednesday after President Donald Trump announced a trade deal with Japan and fuelled hopes of more to come, tempering the disappointment from U.S. earn...

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US stocks hang around their records following mixed profit reports
Dollar holds losses against yen after Trump announces Japan trade deal
US stocks edge higher ahead of a busy week of profit reports
Trump pushed back the deadline for most countries to negotiate on tariffs to Aug. 1, which along with stronger-than-expected earnings reports, has helped to lift markets to record levels in recent we...

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Santa Rosa Press Democrat · 19h
US stocks hang around their records as GM and others show how tariffs are impacting them
Nikkei rally buoys Asian shares as Trump announces Japan trade deal

Tariffs and Conflicts Loom Large Over Merz and Macron's Working Dinner

BERLIN (Reuters) -German Chancellor Friedrich Merz will host French President Emmanuel Macron for talks over dinner in Berlin on Wednesday, with Europe's battle to soften incoming U.S. tariffs and support for Ukraine expected to top a packed agenda.

Asian markets gain, with Japan’s Nikkei up more than 3%, lifted by deal on Trump’s tariffs

Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the U.S. announced a deal on President Donald Trump's tariffs.
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Tariffs hit U.S. companies hard, but businesses absorb them for now

General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import duties to explain smaller profits.

Americans are mostly paying for tariffs — and price rises may be on the way, says Deutsche Bank

People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.

SSAB posts profit miss as tariffs shake European steel market

SSAB's earnings fell more than expected in the second quarter, hit by lower steel prices and a weakening European market due to tariff-driven uncertainty, the Swedish steelmaker said on Wednesday, sending its shares more than 7% lower.

Copper-Laden Ships Race to Reach US Ahead of Trump’s 50% Tariffs

At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal.

SAP CEO warns of tariffs impacting US public sector, manufacturers

Shares of SAP (NYSE:SAP) fell about 4% premarket on Wednesday following the company's second quarter results and outlook, while CEO Christian Klein warned about the U.S. public sector and manufacturers impacted by tariffs.

U.S. tariffs, trade tensions to slow growth in developing Asia and Pacific, ADB says

Higher U.S. tariffs and trade uncertainty have worsened the economic outlook for developing Asia and the Pacific, the Asian Development Bank said in a report on Wednesday as it lowered its growth forecasts for the region for this year and next.
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