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Which sectors could be hit hardest by Donald Trump’s 25% tariffs? A Deutsche Bank exec weighs in

Which sectors could be hit hardest by Donald Trump’s 25% tariffs? A Deutsche Bank exec weighs in

DEEPAK PURI (DP): Well, I think the companies that export steel and aluminum to the US, they’re going to have a little bit of a negative price reaction because the chances are with that, those kind of tariffs, there’s going to be a substitution effect.


China returns fire in Trump’s trade war with new tariffs and a Google probe

China returns fire in Trump’s trade war with new tariffs and a Google probe

China’s Commerce Ministry also put PVH Corp. (PVH-3.58%), which owns fashion brands Calvin Klein and Tommy Hilfiger, and biotechnology form Illumina (ILMN+0.53%) on its “unreliable entity” list.