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The Latest Breaking News on China hits back at Trump's tariffs

China hits back at Trump's tariffs

The country announced retaliatory measures after a 10% tariff took effect

Salon

Stock Market Today: Nasdaq, Small Caps Lead; Costco Among Multiple Breakouts (Live Coverage)

The Nasdaq dominated the major indexes Tuesday. Costco hit a new high and is in a buy zone.

Investors Business Daily

Whisky giant Diageo says Donald Trump tariffs could hit profits by £161m

JOHNNIE Walker and Guinness maker Diageo has warned that US President Donald Trump’s proposed US tariffs could deal a 200 million dollar (£161…

The National (Scotland)

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£136m tequila profits hit and higher mining costs: How might Trump’s tariffs affect UK companies?

Diageo are a UK-based drinks company which imports from Mexico into the States, meaning a large potential hit to their bottom line

The Independent UK

What tariffs are China imposing on the US – and why are they significant?

China is quick to act when US tariffs on its imports go into effect, but experts say it’s leaving room for negotiation.

Al Jazeera

Donald Trump’s trade tariffs on Canada, Mexico and China explained visually

Mexico, Canada and China account for more than 40 percent of total goods traded with the United States.

Al Jazeera

18 Giant U.S. Stocks At Most Risk From Trump's Tariff Tantrum

It's unclear if President Trump is just toying around with the threat of tariffs. But it's not fun for large U.S. companies in the S&P 500.

Investors Business Daily

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Spirits giant Diageo says Trump tariffs could hit profits by £161m

Diageo, which also makes Gordon’s gin and Baileys, said it is talking to the US Government over upcoming tariff policies.

Evening Standard

Tesla Stock Looks To Advance After Tariffs Sell Off. But It's No Longer A 'Top Pick.'

Tesla stock attempted to shake off some of Monday's losses related to Trump's tariffs.

Investors Business Daily

China has reacted in kind to Trump’s tariffs, but a deal may still emerge

Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018

The Guardian - UK

Could Harley-Davidson or Other Motorcycle Manufacturers Move To India?

[UPDATE February 4, 2025: Late on the evening of February 3, the Trump administration announced a 30-day pause on tariffs against both Canada and Mexico.

RideApart

Tariffs add a new twist as Don Julio tequila and Guinness maker Diageo faces a rocky 2025

Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.

Fortune

Tequila Maker Diageo Axes Sales Target On Trump Tariffs

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits.

International Business Times

Drinks giant Diageo says trade war could wipe $200 million off profits

The drinks giant is scrapping its 5% to 7% “medium term” sales target

Evening Standard

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news in one place.

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The Guardian - UK

Johnnie Walker owner Diageo says Trump tariffs could hit profits by $200m

UK drinks company considering possible price rises as shares fall despite strong Guinness sales

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