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Express News | Shares of Retail, Apparel and E-commerce Stocks Are Trading Higher. Some Stocks in the Sector May Be Higher Amid Hopes of a US-China Trade Deal. Additionally, Discount Store Stocks Could Be Benefitting From Broader Economic Concerns. E-commerce Stocks...
Under Armour Is Maintained at Buy by Stifel
Under Armour Price Target Cut to $11.00/Share From $13.00 by Stifel
Express News | Shares of Retail and Apparel Companies Are Trading Higher Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China
Express News | Shares of Retail and Apparel Stocks Are Trading Higher as Investors Weigh the Potential Impacts of Tariffs on the Sector. Economic Uncertainty Could Also Cloud Consumer Spending Outlook
Trump imposed the highest tariffs on Cambodia, but the manufacturing industry will "absolutely not" return to the USA.
One of the core goals of the Trump administration in wielding tariffs against trade partners is to relocate manufacturing capacity back to the USA, even at the cost of short-term market turbulence and economic pains. However, for Cambodia, which faces a maximum tariff of 49% under the new trade plan, this vision from the USA is doomed to fail. Trade groups representing the interests of American retail manufacturing point out that although the 49% tariffs will create a survival crisis for Cambodian factories and workers, which are already at the bottom of global income levels, the relevant industries will not return to the USA because of this. The president of the American Chamber of Commerce in Cambodia, Kathy Barnett, stated, "These production capacities absolutely cannot return to the USA."
152428975 : Product probably made in Asia with 20%+ tariff.