The European Union is imposing tariffs on American products in response to President Trump’s steel and aluminum tariffs, with goods from Republican-held states being targeted. The tariffs will be implemented in two phases, with the first wave affecting items like bourbon, boats, and motorcycles starting on April 1, with some tariffs reaching up to 50 percent. The second wave, set for April 13, aims to levy tariffs on goods worth 18 billion euros, with a focus on items produced in Republican areas to pressure the U.S. into negotiations while minimizing damage to European interests.
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PVH Posts 4% Revenue Gain in Fiscal Q2
PVH (NYSE:PVH), owner of Calvin Klein and Tommy Hilfiger, reported Q2 FY2025 earnings on August 26, 2025, revealing revenue of $2.17 billion, a 4% increase, and non-GAAP EPS of $2.52, exceeding guidance but down from last year's $3.01. While the results indicated strong brand performance, challenges with costs, margins, and inventory persisted. Want More Context? 🔎
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