Rounding up top reads from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group.
Latest Trump tariffs to directly hit consumers (CNA)“This hits consumers straight on,” Steve Pasierb, president of the Toy Association, said in an interview. “This is finished products. It’s not raw materials.”
The tariffs, a 10 per cent levy on US$300 billion in Chinese goods that Trump said would go into effect on Sep 1, is expected to affect just about all finished products imported from China.
Shares of retailers fell sharply Thursday, with the biggest drops affecting a group that included Best Buy, Target and Macy’s. Others to decline included Apple and Nike. Retail giants Amazon and Walmart also dipped, but by less than most of their rivals because they
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