Based on the investment bank’s calculations, the impact of China’s counter tariffs is “much-less than proportional,” as China is effectively imposing an additional 12% tariff on $14 billion in U.S.
Automakers, beer firms, and nuclear power companies led declines in a broad equity pullback on Monday after the U.S. hit Mexico, Canada and China with sweeping tariffs, ...
Just as much as chip stocks were getting hammered after Chinese startup DeepSeek's AI progress sent the broader market into a tailspin on Monday, shares of companies powering the AI revolution were ...