Tag: Tariff

BusinessManufacturingTechnology

Ford Q3 Earnings Preview: Strong Results Expected Amid Supply Chain and Tariff Headwinds

Ford Motor Company is set to release third-quarter earnings with analysts projecting steady revenue but significant profit contraction. Wall Street anticipates better-than-expected results tempered by concerns about fourth-quarter guidance due to supply chain disruptions and tariff impacts.

Earnings Expectations and Year-Over-Year Comparison

Ford Motor Company is poised to announce its third-quarter financial results after market close, with Wall Street analysts projecting mixed performance compared to the previous year. According to consensus estimates compiled by LSEG, the automotive giant is expected to report revenue roughly consistent with the same period last year, while adjusted earnings per share could decline by approximately 26%.

by Samuel Kim
BusinessTechnologyTrade

US Weighs Sweeping Software Export Restrictions Targeting China in Trade Escalation

The United States is reportedly weighing unprecedented export restrictions targeting products manufactured using American software in response to China’s rare earth export controls. This potential escalation could disrupt global technology supply chains and affect everything from consumer electronics to aerospace components.

Potential Software Export Restrictions

The Trump administration is reportedly considering sweeping restrictions on exports to China that contain or were produced using U.S. software, according to sources familiar with the matter. This potential move would represent a significant escalation in the ongoing trade tensions between the world’s two largest economies.

by Priya Kapoor
BusinessPolicyTrade

U.S. and India Near Major Trade Agreement With Tariff Reductions and Energy Policy Shifts

Reports suggest the U.S. may cut tariffs on Indian exports from 50% to 15%-16% as part of a new trade agreement. India is reportedly considering scaling back Russian oil purchases, a key U.S. demand, amid ongoing bilateral negotiations.

Potential Breakthrough in U.S.-India Trade Relations

According to recent reports from Indian media outlet Mint, the United States and India are nearing a significant trade agreement that could substantially reduce tariffs on Indian exports while addressing Washington’s concerns about New Delhi’s energy imports from Russia. Sources familiar with the negotiations indicate that both sides have made substantial progress after months of strained relations.

by Priya Kapoor
BusinessManufacturing

Cleveland-Cliffs Executives Report Strong Steel Market Recovery Led by Automotive Sector

Cleveland-Cliffs executives report a substantial recovery in domestic steel demand, particularly from automotive customers. The company’s financial leaders point to changing user behavior following trade measures and have secured significant property sales.

Steel Manufacturer Reports Market Improvement

Executives at Cleveland-Cliffs, a major player in American steelmaking, have indicated they are witnessing what they describe as a significant rebound in domestic steel demand. According to reports from the company’s third-quarter earnings discussion, this recovery appears to be gaining momentum several months after the implementation of new trade measures.

by Priya Kapoor