Investors Slam SEC Plan to Remove Best-Price Rule -- WSJ

WSJ00:30

'U.S., Canada Discussing Possible Reduction In Us Autos To 15% After Some Value Content Deductions From 25% Currently; U.S. Officials Offer To Deduct Only U.S.-Specific Value Content From 15% Tariffs On Canadian Vehicles, But Canadian Officials Want...

BenzingaAug 18 03:37

Warehouse Operators Accelerate Automation -- WSJ

WSJAug 17 18:55

Detroit's Big Three automakers warn that relocating production back to the United States could increase annual costs by $2 billion.

Gelonghui, August 14 – According to Reuters, Detroit’s three major U.S. automakers are preparing to warn the Trump administration that proposed adjustments to the North American Free Trade Agreement could increase costs for each automaker by at least $2 billion annually. This would not only exacerbate existing tariff burdens but also potentially undermine the competitiveness of U.S. manufacturers against their Japanese, South Korean, and European counterparts. General Motors estimates that its total tariff-related expenditures this year will reach $2.5 billion to $3.5 billion, potentially eroding more than 20% of its operating profit. Ford, meanwhile, estimates that the net impact of tariffs this year will be approximately $1 billion.

Gelonghui FinanceAug 14 09:38

More than 40 S&P 500 constituent companies have collectively received $9.6 billion in tariff refunds.

Gelonghui, August 14 | Among the constituents of the S&P 500 Index, more than 40 companies have reported receiving a total of approximately $9.6 billion in tariff refunds for the previous quarter, with at least $2.1 billion received in actual cash. The largest publicly disclosed refunds include nearly $2.2 billion for Apple, $986 million for Nike, approximately $800 million for FedEx, $640 million for Amazon, and $500 million for General Motors. As of July 31, U.S. Customs and Border Protection (CBP) had processed over 252,000 applications for tariff refunds related to duties ruled unlawful by the Supreme Court. Officials from the agency told a federal court last week that

Gelonghui FinanceAug 14 09:23

QUICK SPARK: Trump's Tariff Refunds Are Massive — And Hitting Balance Sheets

BenzingaAug 14 04:17