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Tag Archives: tariffs

GM Stock Is Surging as Earnings and Guidance Overcome Tariffs

General Motors (GM) is higher on Wednesday, following its third-quarter earnings report. Where we were: GM is down more than 10% since the start of the year, but it’s outperformed Ford Motor (F) by a long shot, and is rising following its robust results and outlook. Where we’re headed: With …

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Republican US senator decries USDA aid for WH Group unit Smithfield

WASHINGTON (Reuters) – A prominent Republican on the U.S. Senate Agriculture Committee complained on Thursday about Chinese-owned Smithfield Foods Inc receiving aid from the U.S. Department of Agriculture meant to help American farmers hurt by China’s trade tariffs. “I dont understand why Chinese owned Smithfield qualifies for USDA $$ meant …

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How Trump tariffs affect Ford, GE, Harley Davidson earnings

videoMarkets get boost from strong earnings, economic data MetLife Investment Management’s Drew Matus on the markets and President Trump‘s criticisms of the Federal Reserve. Hard evidence on how President Trump‘s tariffs, especially those on Chinese products, have actually affected U.S. manufacturers will come into focus this week as six major American …

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