Trump’s ‘Nightmare’ China Tariffs Could Destroy the U.S. Bridal Gown Industry

U.S. bridal gown designers and retailers are saying “I don’t” to President Donald Trump’s ongoing trade war with China, arguing his latest call for tariffs on Chinese imports will devastate the $2 billion industry. Trump’s proposed 25% tariff hit list on $200 billion of Chinese imports includes silk and other materials used to make wedding […]

Is Wall Street’s Abercrombie & Fitch Love Affair Over?

Investors may not be ready to break up with Abercrombie & Fitch for the longterm, although the fashion retailer’s stock declining as much as 34% this week might indicate otherwise. The drop was an eye-opener, since the teen-to-young-adult Abercrombie chain, along with its surf-oriented Hollister stores, had been Wall Street sweethearts during an impressive two-year […]

Walmart Says Price Increases Are Coming Due to China Tariffs

Shopping at Walmart is about to get more expensive. The nation’s largest retailer commented on the effects of the Trump administration’s increased tariffs on goods made in China Thursday in an earnings call. And it wasn’t good news for bargain hunters. “We’re going to continue to do everything we can to keep prices low,” said […]

3 Reasons Why China’s Markets Laughed Off Trump’s Trade War Escalation

The Chinese markets had a surprisingly good day Friday, given that the U.S. just massively jacked up tariffs against Chinese imports, and the trade negotiations between the two countries appear likely to fail. The Hang Seng Index, having seemed set to plummet around lunchtime, ended up 0.84% up on the day. The Shanghai Composite Index […]