Cathie Wood Weighs In On Trump's 'Tariff Turmoil' And Potential Economic Impact: 'If President Trump Cares About His Legacy…'

Cathie Wood Weighs In On Trump's 'Tariff Turmoil' And Potential Economic Impact: 'If President Trump Cares About His Legacy…'

Cathie Wood, CEO of Ark Invest, warned that President Trump's new tariffs could push the U.S. into a recession but remained hopeful that innovation and strategic policies could lead to a recovery.

Economics professor details impact of President Trump's tariffs

PEORIA, Ill. (WMBD) -- The cost of everyday goods, from clothes to coffee, is about to go up for American citizens. The Trump administration plans to impose a 10% tariff on all countries outside of Mexico and Canada starting at 12:01 a.m. on April 5, followed by individualized reciprocal tariffs on countries with which the United States has the largest trade deficits at 12:01 a.m. on April 9. The goal is to rebuild the country's manufacturing ba…

Rock Hill sneaker reseller not fazed yet by Trump retaliatory tariffs

ROCK HILL, S.C. (QUEEN CITY NEWS) — Sneaker resellers may see the brunt of higher prices after President Trump announced sweeping tariffs on several countries like Vietnam, a major manufacturer of Nikes. So Jordans and other brands may cost more at the register. However, the owner of Refresh Sneakers and Streetwear doesn't believe it will affect his bottom line. "This year is the first year where we saw a lot of the Saturday releases go above re…

Tariff Shockwaves Rattle Adtech Sector: LUMA CEO Terence Kawaja Warns of Industry Fallout – Beet.TV

New U.S. tariffs could trigger a wave of economic disruption and stall the advertising technology sector’s recovery, warns Terence Kawaja, founder and chief executive of investment bank LUMA Partners. The Trump administration’s announced tariffs and retaliatory actions by major trading partners such as China have deep and far-reaching consequences for the U.S. economy and the adtech business. “Everyone’s reeling,” Kawaja said in this interview w…

2025 - Impact of Trump's Tariffs on American Consumers: Espresso, iPhones, and Sneakers at Stake - April 4, 2025

Financial markets are facing a downturn, with President Trump’s tariffs expected to directly affect American families. While Trump claims these measures will boost U.S. wealth, they will lead to higher prices for everyday goods, including coffee and electronics. Key imports like bananas and rice will incur significant tariffs, while tech and automotive sectors brace for price increases. Clothing companies are already experiencing stock declines,…

Tens of percent price spikes on goods from the latest iPhones to chocolate to clothing will hit Americans' well-being if Donald Trump does not agree to lower the tariffs he has imposed on almost every country. And for Russian consumers, the main threat lies not so much in the tariffs themselves as in the fact that cheaper oil will bring down the ruble and make imported goods more expensive. Apple logo at a brand store in New York, USA, March 4, …