Biden tariffs target China, Home Depot reports: Yahoo Finance
The White House announced a 'strategic' wave of new tariffs on numerous imports from China. The move raises tariffs on $18 billion of Chinese goods, targeting numerous industries, including EVs, solar panels, medical products, and manufacturing equipment. The EV sector was hit the hardest, with tariffs jumping from 25% to 100%. On the earnings front, several big names reported this morning, including Home Depot (HD), Alibaba (BABA), and Sea Limited (SE). Yahoo Finance trending tickers include GameStop (GME), AMC Entertainment Holdings (AMC), and BlackBerry (BB).
Key guests include:
9 a.m. ET - Thomas Simons, Jefferies Senior US Economist
10:15 a.m. ET - Bob Nardelli, Former Home Depot CEO
11 a.m. ET - Lazetta Braxton, Lazetta & Associates Founder & CEO
11:40 a.m. ET - Ben Walter, Chase Business Banking CEO