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The Latest Breaking News on 3 Retail Stocks That Desperately Need a Tariff Break

3 Retail Stocks That Desperately Need a Tariff Break

Here are three retail stocks with heavy exposure to China and other Asian countries that are facing higher tariffs from the United States

MarketBeat

More Automakers Drop Earnings Guidance Over Tariffs

Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.

International Business Times

Volkswagen Group sees plunge in performance as US tariffs pose risks

Volkswagen Group, along with the wider global car industry, is significantly vulnerable to changing US tariffs, mainly because of how globalised auto supply chains currently are.

Euronews

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Most Stock Markets Rise Despite China Data, Eyes On US Reports

While markets have recovered some of the losses suffered after the US president's "Liberation Day" tariffs announcement on April 2, uncertainty still rules as countries look to cut deals to avert the worst of Washington's duties.

Latin Times

Americans Doubt Trump's Trade War Will Benefit Them

Consumers and businesses are already experiencing higher prices and economic pain.

Reason

Eurozone Economy Grows More Than Expected Despite US Tariff Turmoil

The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US President Donald Trump's tariffs but global trade tensions threaten more pain and near stagnation in 2025.

International Business Times

The markets: China takes a beating while U.S. resilience continues

In recent days new data has shown a drastic reduction in export shipping from China to the U.S. and investors appear to have reacted as a result.

Fortune

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Steelmaker ArcelorMittal Warns Of Uncertainty

Steelmaker ArcelorMittal warned Wednesday that tariff uncertainty could cause further economic disruption as its global footprint helped it weather the turbulence in the first quarter.

International Business Times

Samsung warns US tariffs will hit demand for electronics

The South Korean tech giant said economic uncertainty created by US President Donald Trump’s import taxes will affect sales.

Evening Standard

Jeep Owner Stellantis Suspends Outlook Over Tariffs

US-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on Wednesday due to uncertainty over US President Donald Trump's tariffs.

International Business Times

China’s manufacturing activity drops to a 16-month low as Trump’s tariffs bite

China’s factory activity in April fell to its lowest level since December 2023 as US tariffs weighed on business sentiment. Analysts noted that importers have now adopted a “wait-and-see” approach after Chinese manufacturers rushed to complete orders in March.

Euronews

Aston Martin limits exports to US because of Trump tariffs

Fellow carmakers Stellantis and Mercedes withdraw financial guidance for year over impact of trade war

The Guardian - UK

Germany’s stock markets reverse April’s losses as Trump grants auto tariff relief

Germany’s stock markets have risen since President Trump announced a 90-day pause on reciprocal tariffs on 9 April, nearly reversing all of April’s losses. Trump’s auto tariff relief is expected to continue supporting the broader market rally, with notable surges in auto stocks.

Euronews

Aston Martin limits imports to US over new tariffs

The company kept its financial guidance for 2025 unchanged as it continues to push through a major turnaround plan.

Evening Standard

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The Independent UK

Aston Martin cuts US imports following Trump’s tariffs

The company revealed the move as it reported declining sales figures, but maintained its financial projections for 2025

The Independent UK

China's export orders dip in April as Trump's tariffs begin to bite

Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in

International Business Times

Asian Markets Struggle As Trade War Hits China Factory Activity

Stocks started limply Wednesday as investors struggled to match Wall Street's rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly two years as Donald Trump's trade war kicked in.

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