Ferrari Plans to Raise US Prices Up to 10% After Tariffs Hit.
Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari.
tariff
More U.S. Airlines Lower Outlook Due to Economic Uncertainty.
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.
China-US tariff war drives Gold prices to reach record high.
Gold prices hit a record high on Wednesday, bolstered by fears of a new trade war between the United States and China after Beijing slapped tariffs on U.S. imports in a response to new U.S. duties on Chinese goods.
Tariff Turmoil: How U.S. Trade Policies Are Reshaping Global Markets
U.S.-Canada trade is valued at $683 billion, with 75% of Canadian exports heading south.