State of Freight

Publishing timestamp: 2025-04-03 19:45:23

Summary

The Trump administration has built a near-$1 trillion trade wall around the U.S. with tariffs hitting their highest level in over a century. Companies across the economy will be paying between $1 billion to $2 billion per day in tariffs, leading to widespread costs and challenges. The impact will be felt across various sectors, with tech giants at risk of retaliation. The trade war is expected to lead to inflation, supply chain disruptions, and lower economic growth. Top CEOs are not happy with the tariff plans, and businesses are already planning to make their case to lawmakers.

Sentiment: NEGATIVE

Tickers: ORCL, MSFT, IBM, NKE, GOOGL, META, AMZN, AAPL,

Keywords: prices, u.s. economy, texas, amazon.com inc, international business machines corp, meta platforms inc, apple inc, trade, japan, breaking news: politics, politics, china, california, microsoft corp, donald trump, alphabet inc, united states, world economy, jason miller, south korea, business news, nike inc, economy, breaking news: economy, oracle corp,

Source: https://www.cnbc.com/2025/04/03/trump-trillion-dollar-tariffs-wall-stock-market-economy.html