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Tariffs News 21 October 2025 - 26 December 2025

Copper Hits Record in China and Jumps in New York as Tariff Uncertainty Fuels a 2026 Supply Squeeze — and a “Phantom Deficit” Debate

Copper Hits Record in China and Jumps in New York as Tariff Uncertainty Fuels a 2026 Supply Squeeze — and a “Phantom Deficit” Debate

December 26, 2025 — Copper closed out the post‑holiday week with a fresh surge that underscores just how unusual—and how politically sensitive—the global metals market has become. Prices pushed to all‑time highs in Shanghai and jumped again in New York,
26 December 2025
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Nike Stock Slides to Seven-Month Low After Q2 FY2026 Earnings: China Sales Drop, Tariffs Bite, and Converse Weakens

Nike Stock Slides to Seven-Month Low After Q2 FY2026 Earnings: China Sales Drop, Tariffs Bite, and Converse Weakens

Nike shares sank to a seven‑month low after fiscal Q2 2026 results. China sales fell again, tariffs squeezed margins, and Converse slumped—raising pressure on the turnaround. NEW YORK — December 20, 2025 — Nike’s latest earnings report delivered a familiar,
21 December 2025
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Costco Sues Trump Administration to Secure Tariff Refunds as Supreme Court Weighs President’s Emergency Trade Powers

Costco Sues Trump Administration to Secure Tariff Refunds as Supreme Court Weighs President’s Emergency Trade Powers

NEW YORK / WASHINGTON — Costco Wholesale has launched a high‑stakes lawsuit against the Trump administration, seeking to protect its right to reclaim hundreds of millions of dollars in import tariffs just as the U.S. Supreme Court considers whether President
2 December 2025
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U.S.–Switzerland Near Tariff Deal: 39% Duties Could Drop to 15% as Trump Confirms Talks; Swiss Watch Stocks Rally (Nov. 11, 2025)

U.S.–Switzerland Near Tariff Deal: 39% Duties Could Drop to 15% as Trump Confirms Talks; Swiss Watch Stocks Rally (Nov. 11, 2025)

Published: November 11, 2025 Key points What’s new today The U.S. and Switzerland appear to be edging toward a breakthrough that would slash the punitive 39% “reciprocal” tariff Washington placed on Swiss goods this summer. Speaking in the Oval Office
11 November 2025
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e.l.f. Beauty (ELF) plunges as tariff hit and soft FY‑2026 outlook overshadow Rhode boost: what to know today (Nov. 6, 2025)

e.l.f. Beauty (ELF) plunges as tariff hit and soft FY‑2026 outlook overshadow Rhode boost: what to know today (Nov. 6, 2025)

What happened e.l.f. Beauty’s stock is tumbling today after the company’s fiscal Q2 print and FY‑2026 guidance underwhelmed investors. In last night’s release, management guided to $1.55–$1.57 billion in sales and $2.80–$2.85 adjusted EPS for FY‑2026, short of consensus (~$1.65B
6 November 2025
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