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Stock impact report

Retail industry says Trump tariff reversal is a win, even as uncertainty remains [MSNBC.com]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: MSNBC.com
watch nowVIDEO2:3602:36NRF applauds SCOTUS decision as questions remain for retailersMoney MoversThe retail industry on Friday said theSupreme Court's rulingPresident Donald Trump's"The Supreme Court's announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling global supply chains to operate without ambiguity," the National Federation said in astatementThe nation's highest court determined that Trump's broad tariff rates on U.S. trade partners enacted under the International Emergency Economic Powers Act, or IEEPA,overstepped the president's authority.Yet the reversal has raised fresh questions about whether retailers and U.S. consumers will meaningfully feel a financial impact and if the decision means more uncertainty or less.Just hours after the ruling, Trump condemned the ruling and said his administration has "alternatives," referencing sector-specific tariffs andannouncing a new, global tariff rate of 10%.It's also unclea Show less Read more
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