goods

Trump says he’s lifting tariffs on most goods from Mexico for 4 weeks amid economic fears from trade war

WASHINGTON (AP) — Trump says he’s lifting tariffs on most goods from Mexico for 4 weeks amid economic fears from trade war. https://finance.yahoo.com/news/trump-says-hes-lifting-tariffs-163610783.html https://finance.yahoo.com/news/trump-likely-defer-tariffs-usmca-153549096.html Update: Tariffs against Canada are also paused https://finance.yahoo.com/news/trump-likely-defer-tariffs-usmca-153549096.html h/t Patrick_Liu

Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’ in prepping

Tablets and appliances made in China, hybrid cars built in Canada, European wine. As Donald Trump’s second inauguration as president quickly approaches, Americans are stocking up on goods in anticipation of tariffs Trump plans to place on imports, according to a Guardian reader poll. Since the election, Trump has promised to immediately impose a 25% …

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December PPI rises 0.4%, annual increase hits 3.3%, goods lead with 0.7%, matching expectations.

January 14, 2025. The report shows that the prices for final demand goods increased by 0.6% in December, which was in line with expectations. The 9.7% jump in gasoline prices significantly contributed to this overall increase. Here’s a detailed breakdown of the latest Producer Price Index (PPI) report for December 2024: Producer Price Index (PPI) …

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It looks like the party’s over for luxury goods in China

Hugo Boss said in its preliminary Q2 financial results on Monday that the Chinese market — a key one for the German fashion brand — was “particularly challenging.” British fashion house Burberry’s sales in mainland China fell 21% year-over-year in the most recent quarter, which board chair Gerry Murphy attributed to “deteriorating consumer confidence” in …

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Durables Goods New Orders Actually Declined -2.2% YoY, Biggest YoY Drop Since COVID Lockdowns (Biden Considering Declaring A National Climate Emergency)

by confoundedinterest17 Manufacturer’s Durable Goods New Orders growth peaked in April 2021, thanks in part to M2 Money Growth peaking in February 2021. And its been all downhill since then. Preliminary March data showed a slightly better than expected 2.6% MoM rise (2.5% exp) in the headline orders print. However, thanks to the downward revisions, Durable goods …

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Trump ready to impose 60% tariffs on ALL Chinese goods and 10% tariffs on ALL foreign goods.

Former U.S. President Donald Trump privately proposed a flat 60% tariff on China if he wins the November presidential elections, The Washington Post reported on Jan. 27…. https://worldview.stratfor.com/situation-report/china-us-trump-floats-60-tariff-all-chinese-goods Trump Is Primed for a Trade War in a Second Term, Calling for ‘Eye-for-Eye’ Tariffs Presidential contender is calling for 10% tariff on all imports and higher …

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Global Supply Chain Pressure Index rises; Suez and Panama canals affected, China restricts rare-earth exports, heightening short-term goods inflation concerns.

🌍 Global Supply Chain Pressure Index rising. “Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.” Not good for short-term goods #inflation. H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1 — Alex Joosten (@joosteninvestor) December 21, 2023 🇨🇳 China Bans Exports of Some Rare-Earth Processing Technologies China accounted for more than two thirds …

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Durable Goods: -5.4%

⚠️BREAKING: *U.S. OCTOBER DURABLE GOODS ORDERS PLUNGE -5.4%; EST. -3.1%; PREV. +4.0% *BIGGEST MONTHLY DROP SINCE APRIL 2020 🇺🇸🇺🇸 pic.twitter.com/40Veeh6hIc — Investing.com (@Investingcom) November 22, 2023 Breaking: Durable Goods: -5.4% vs -3.4% estimate. Ugly💀 10 year bond yields down to 4.38%. The economic data is getting hideous peeps. The market likes it now because it …

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Shoppers forced to wait up to 40 minutes to buy basic essentials as major retailers LOCK UP goods to combat shoplifting

via naturalnews: Shoppers at big box stores in New York and New Jersey are being forced to wait as long as 40 minutes just to buy basic essentials as these major retailers have now locked up many of their products to counter skyrocketing retail theft.   This is according to a report from investigative news program “Inside Edition,” whose …

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Inflation rates exceeding 5% continue to affect essential goods, with higher interest rates becoming the new normal as the fight against inflation continues.

This week, the Fed made it clear that they want core inflation down to 2% and that is not changing. Meanwhile, supply-side inflation remains a major issue for the Fed. Higher rates have become the new normal. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 22, 2023

Inflation Reanimator! Producer Prices Soar In August As Goods Inflation Reignites While WTI Crude Hits $90

by confoundedinterest17 Jerome Powell is the God of Hellfire and he brought us …. FIRE! By rapildy raising The Fed’s target rate rapidly. And then sending mixed signals as inflation begins heating up … again. WTI crude just hit $90. Rising oil prices may be one of the reasons. After yesterday’s hotter than expected rebound in …

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Thrill Is Gone … From Bidenomics! US Durable Goods Orders Fall -15.23% From June To July While Fed M2 Money Grew 12.7% (Turning Back On The Money Machine!)

by confoundedinterest17 The Thrill Is Gone … from Bidenomics. July durable goods [blue] new orders plummet, recording the worst month since C19 in April 2020. Durable goods fell on a MoM basis by -5.2%, versus -4% consensus estimate. Durable goods ex-transportation [orange] still rose on a MoM basis by +0.5%, perhaps highlighting the weakness in …

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Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending.

via WSJ: The sporting-goods chain slashed its profit targets for the year after missing Wall Street forecasts for the second quarter. Sales slowed after a pandemic-fueled surge for outdoor gear, leaving it with excess inventory. Executives said thefts of merchandise were also higher than they expected. Macy’s reported declining sales in the June quarter and …

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New orders for manufactured goods increased, breaking ‘Full-Employment Recession’ narrative.

by Dismal-Jellyfish https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf Highlights: New orders for manufactured goods in April, up four of the last five months, increased $2.6 billion or 0.4 percent to $577.5 billion, the U.S. Census Bureau reported today. This followed a 0.6 percent March increase. Shipments, down five of the last six months, decreased $2.5 billion or 0.4 percent to …

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