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Live updates: Most higher tariff rates to take effect in a week, Trump administration says

Live updates: Most higher tariff rates to take effect in a week, Trump administration says

Washington Post4 days ago
Most of President Donald Trump's long-awaited and much-delayed 'reciprocal' tariffs, which were scheduled to kick in Friday, won't take effect for another week to give Customs and Border Protection officials time to prepare, the administration said late Thursday. Trump has rolled out frameworks for deals with 11 of the United States' top 15 trading partners. Temporary trade truces with China and Mexico will remain in effect as negotiators continue talks. But tariffs on other countries will soon escalate, barring late-hour deals. Trump has no public events scheduled Friday. He is heading to his golf club in Bedminster, New Jersey, for the weekend.
After a rough start, President Donald Trump's campaign to reshape global trade suddenly seems to be advancing from strength to strength.
Former vice president Kamala Harris expressed deep concern about U.S. democracy, describing it as a broken system on CBS's 'The Late Show With Stephen Colbert' on Thursday evening, in her first interview since the 2024 presidential election.
President Donald Trump on Thursday finalized his long-awaited and much-delayed 'reciprocal' tariffs in a move designed to rebalance a global trading system that he argues has been tilted against the world's largest economy.
In a pair of executive orders, the president increased tariffs on merchandise from about 70 countries and raised the rate on products made in Canada, one of the United States' largest trading partners, to a punitive 35 percent.
The Trump administration on Thursday said it will send senior U.S. officials into war-ravaged Gaza to inspect food distribution sites and develop a plan to ensure more aid gets to civilians amid growing international anger over mass starvation there.
Special envoy Steve Witkoff and U.S. Ambassador to Israel Mike Huckabee will travel inside the Palestinian enclave on Friday to hear 'firsthand about this dire situation,' White House press secretary Karoline Leavitt told reporters.
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Those who invested in Castings (LON:CGS) five years ago are up 9.0%
Those who invested in Castings (LON:CGS) five years ago are up 9.0%

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  • Yahoo

Those who invested in Castings (LON:CGS) five years ago are up 9.0%

Ideally, your overall portfolio should beat the market average. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term Castings P.L.C. (LON:CGS) shareholders for doubting their decision to hold, with the stock down 23% over a half decade. On top of that, the share price is down 5.9% in the last week. However, this move may have been influenced by the broader market, which fell 2.6% in that time. Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During the five years over which the share price declined, Castings' earnings per share (EPS) dropped by 16% each year. The share price decline of 5% per year isn't as bad as the EPS decline. So investors might expect EPS to bounce back -- or they may have previously foreseen the EPS decline. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Castings, it has a TSR of 9.0% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! A Different Perspective Investors in Castings had a tough year, with a total loss of 16% (including dividends), against a market gain of about 22%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 1.7%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Castings is showing 2 warning signs in our investment analysis , and 1 of those is potentially serious... We will like Castings better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Trump, Murdoch agree to pause WSJ case deposition until after dismissal ruling
Trump, Murdoch agree to pause WSJ case deposition until after dismissal ruling

Axios

time11 minutes ago

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Trump, Murdoch agree to pause WSJ case deposition until after dismissal ruling

President Trump and Rupert Murdoch reached a deal Monday to postpone the media mogul's deposition in a libel lawsuit related to the Wall Street Journal publishing a report on an Epstein birthday book, per court filings. Why it matters: Trump's lawyers had raised concerns about Murdoch's age and health when they asked a federal court in Florida last week to expedite the 94-year-old's deposition, but the deal postpones this until after the outlet's upcoming motion to dismiss the case. Now, neither Murdoch nor the 79-year-old Trump are likely to be deposed for months, per Politico's Josh Gerstein, who first reported on Monday's filing in Miami. Zoom in: "Until Defendants' Motion to Dismiss the Complaint is adjudicated, the Parties agree not to engage in discovery," according to the filing. If the WSJ's motion to dismiss Trump's lawsuit is denied, Murdoch would appear in person for a deposition within 30 days of such a ruling. Murdoch must provide a sworn declaration about his current health condition within three days of a court order approving the agreement and the Australian-born mogul has agreed to provide regular updates on his health, per the filing. Driving the news: Trump is suing Murdoch, the WSJ, its owner Dow Jones, its parent company News Corp. and others over the Journal report last month about a " bawdy" birthday letter" that the outlet said bore the president's name.

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