Looking for Strong Returns? These 5 US Growth Stocks Could Be Perfect for Your Portfolio
The answer is to park your money in well-run, high-quality companies that can demonstrate consistent growth.
Such promising growth stocks should see their share prices rise steadily over time, providing you with valuable capital appreciation and increasing the value of your nest egg.
Here are five growth stocks with solid market positions that are demonstrating healthy growth that you can add to your buy watchlist.
Veeva runs a software-as-a-service cloud platform for the life sciences industry.
The company serves over 1,000 customers, ranging from large pharmaceutical companies to emerging biotechnology firms.
For the first quarter of fiscal 2026 (1Q FY2026) ending 30 April 2025, Veeva saw revenue rise 16.7% year on year to US$759 million.
Operating profit surged 50.6% year on year to US$233.7 million while net profit climbed 41.2% year on year to US$228.2 million.
The business also churned out a positive free cash flow of US$871.2 million, 15% higher than a year ago.
For the quarter, Veeva achieved its revenue run rate goal of US$3 billion, showcasing growth across its Commercial and R&D Solutions.
Management believes the company is progressing well towards its 2030 goals to double revenue.
Last week, Veeva collaborated with Sarah Cannon Research Institute to drive speed and efficiency in oncology clinical trials, with the latter adopting Veeva's platform to ensure seamless data flow across its clinical teams and research sites.
MarketAxess provides a leading electronic platform that allows more than 2,000 firms to efficiently trade fixed income securities.
The company's platform provides a diversified pool of liquidity and generates cost savings for institutional investors and broker-dealers.
MarketAxess reported steady growth over the years, with revenue rising from US$718.3 million in 2022 to US$817.1 million by 2024.
Net profit went from US$250.2 million to US$274.2 million over the same period.
The business also generated healthy free cash flow over these three years.
For the first quarter of 2025 (1Q 2025), total revenue dipped by 1% year on year to US$208.6 million while operating profit slipped 4% year on year to US$88.4 million.
Net profit plunged 79% year on year to US$15.1 million because of a significantly higher tax expense.
Notwithstanding this, MarketAxess continued to generate free cash flow of US$12.7 million for the quarter, reversing the prior year's negative free cash flow of US$20.1 million.
Operationally, the company reported record average daily volume (ADV), up 31% year on year.
It also achieved record emerging market and Eurobonds ADV with an 11% year-on-year increase.
The company paid out a quarterly dividend of US$0.76, up from the previous year's US$0.74.
Domino's Pizza is one of the largest pizza chains in the world, with more than 21,300 stores located in over 90 countries.
The company reported an encouraging set of results for the first quarter of 2025 ending 23 March 2025.
Revenue inched up 2.5% year on year to US$1.11 billion, but operating profit dipped 0.2% year on year to US$210.1 million.
Net profit climbed almost 19% year on year to US$149.7 million.
Free cash flow for the quarter shot up 59.1% year on year to US$164.3 million.
A quarterly dividend of US$1.74 was declared and paid, higher than the US$1.51 per share paid out in the prior year.
Domino's Pizza recorded negative same-store sales growth of 0.5% for its US stores but logged a +3.7% same-store sales increase for its international stores.
Back in April, Domino's Pizza partnered with DoorDash (NASDAQ: DASH) to help fulfil orders on the latter's platform while tapping into DoorDash's customer base.
The US launch commenced in May 2025 and will be expanded to Canada later this year.
Asana provides a work management platform that helps more than 170,000 customers align their corporate teams to achieve organisational goals.
The company uses artificial intelligence (AI) to improve its customers' workflows and processes, which helps to improve efficiency and deliver results.
For 1Q FY2026, Asana reported an 8.6% year-on-year increase in revenue to US$187.3 million.
Gross profit improved by 8.7% year on year to US$168 million.
The business also churned out a positive free cash flow of US$4 million for the quarter, a turnaround from the negative free cash flow of US$4.3 million in the previous corresponding quarter.
Customers are also spending more on Asana's platform, with those forking out US$100,000 or more (on an annualised basis) increasing by 20% year on year to 728.
Last month, Asana signed its largest subscription agreement in history with a US$100 million-plus renewal over three years.
The company also launched Smart Workflow Gallery, a suite of AI-powered workflows designed to help organisations utilise AI to generate greater employee productivity.
PayPal is a payment processing company that helps to move money securely and efficiently and to make shopping simple, secure, and personalised.
For 1Q 2025, PayPal saw revenue inch up 1.2% year on year to US$7.8 billion.
Operating profit grew 31% year on year to US$1.5 billion while net profit leapt 45% year on year to US$1.3 billion.
The business generated a positive free cash flow of US$964 million for the quarter.
Operating metrics continued to improve, with total payment volume edging up 3% year on year to US$417.2 billion.
PayPal's number of active accounts also increased 2% year on year to 436 million.
Venmo, one of the products under PayPal's umbrella, recently introduced enhanced rewards in-store and more benefits to encourage more customers to use its service.
These rewards will apply to the Venmo Debit Card and Venmo Checkout.
Big Tech is spending hundreds of billions on AI, and the ripple effects are just beginning. Our new investor guide shows how AI is changing the way companies generate revenue, structure their business models, and gain an edge. Even if you already know the major players, this report reveals something far MORE important: The why and how behind their moves, and what it means for your portfolio. Download your free report now.
Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses!
Disclosure: Royston Yang does not own shares in any of the companies mentioned.
The post Looking for Strong Returns? These 5 US Growth Stocks Could Be Perfect for Your Portfolio appeared first on The Smart Investor.
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Trump tariffs live updates: EU readies its reprisals as Trump pushes for higher tariffs; US-India deal stalls
The prospect of an interim trade deal between the US and India before the August 1 deadline have dimmed, according to sources. Talks remain deadlocked due to tariff cuts on key agricultural and dairy products. "An interim deal before August 1 looks difficult, though virtual discussions are ongoing," one of the Indian government sources said, adding a US delegation was expected to visit New Delhi soon to continue negotiations. Meanwhile, the European Union still wants a trade pact with the US, but the bloc said to be readying its counterattack as President Trump plays hardball and makes a no-deal outcome more likely. EU member states are pushing for new and stringent measures to retaliate against US companies, The Wall Street Journal reported, while its officials are meeting this week to draw up a plan for reprisals, per Bloomberg. 'If they want war, they will get war,' a German official told the WSJ, while noting there was still time to hammer out a deal. Trump is reportedly pushing for higher blanket tariffs on imports from the EU, throwing a wrench in negotiations ahead of an Aug. 1 deadline for sweeping duties to take effect. The Financial Times reported that Trump wants a minimum of a 15% to 20% tariff on EU goods as part of any deal. Trump has threatened the bloc with 30% duties beginning Aug. 1. That is the date he is also set to impose tariffs on an array of other trading partners, as well as potential sectoral levies on copper, pharmaceuticals, and semiconductors. Trump said last week he would soon send letters to over 150 smaller US trade partners, setting blanket tariff rates for that large group. Trump has already sent letters to over 20 trade partners outlining tariffs on goods imported from their countries. The letters set new baseline tariff levels at 20% to 40% — except for a 50% levy on goods from Brazil in a move that waded into the country's domestic politics. On July 10, Trump announced a 35% tariff on Canadian goods and followed that up with promises of 30% duties on Mexico and the EU. The letters have at times upended months of careful negotiations, with Trump saying he is both open to reaching different deals but also touting his letters as "the deals" themselves. Treasury Secretary Scott Bessent on Monday said the administration is "more concerned with high quality deals than getting these deals done by Aug. 1." Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. Orange juice importer says Trump's Brazil tariffs will raise US prices Orange juice prices join the list of products that could see price increases as a result of tariffs imposed by the Trump administration. Bloomberg reports: A US orange juice distributor is suing over President Donald Trump's move to impose a 50% tariff on Brazil starting next month. Johanna Foods Inc. is arguing that Trump's reasons for the levy increase — including support for Brazil's former right-wing President Jair Bolsonaro — don't present 'unusual and extraordinary' threats that give him emergency authority to circumvent Congress' taxing power. The New Jersey-based company estimates that the Brazil tariffs would increase its costs for not-from-concentrate orange juice from Brazil by $68 million over the next 12 months and raise retail costs for consumers between 20-25%. According to the complaint, Brazil supplies more than half of all orange juice sold in the US. Read more here. Brazil acknowledges possibility of no US trade deal by August 1 President Trump's August 1 tariff deadline is steadily approaching, and trading partners are preparing for multiple outcomes. Brazil, for example, is increasingly open to the possibility that a trade deal won't be reached in time. Reuters reported: Read more here. US steelmaker Cleveland-Cliffs touts 'positive impact' of tariffs Cleveland-Cliffs (CLF) CEO Lourenco Goncalves praised President Trump's protectionist policies on Monday, stating that the 25%-50% tariffs on foreign steel imports have had a "positive impact" on the US steel and automotive industries. The Section 232 steel tariffs "have played a significant role in supporting the domestic steel industry," Goncalves said during the company's earnings call. 'So far, there's no indication that the Section 232 tariffs will be used as a bargaining chip by the Trump administration as leverage in trade deals with other countries," Goncalves added. "We appreciate that and fully expect that the administration will keep in place and enforce these Section 232 tariffs." Goncalves said the only place where it's having a problem is with Stelco, the Canadian steel company it acquired in November 2024. The CEO urged Canadian Prime Minister Mark Carney to implement similar protectionist policies, saying that other efforts to curb unfair trade practices were "insufficient." Cleveland-Cliffs stock soared 11% in early trading Monday after the company reported record steel shipments of 4.3 million net tons for the three months ended June 30. Read more about how Cleveland-Cliffs' stock is trading. Bessent: Trump more concerned about quality of deals than making deals by Aug. 1 Treasury Secretary Scott Bessent on Monday said the US wouldn't rush to make trade deals ahead of an Aug. 1 deadline for many of President Trump's sweeping tariffs to kick in. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. More from Reuters: Read more here. More signs that Europe is hardening its stance We detailed earlier (keep scrolling) how the EU is readying its plans for retaliation in case a trade deal with the US fails. The Wall Street Journal has a big report out today with some more details of those plans — and details on how delicate negotiations are on even thinner ice, as President Trump keeps wanting more. The report said the EU got a "surprise" when US officials said Trump would want a higher baseline tariff in any deal, likely north of 15%, after months of talks around a 10% baseline. That apparently prompted Germany, Europe's largest economy, to swing to more of an alignment with France, which has been pushing a harder line throughout the negotiations. 'All options are on the table,' a German official said. The official said there was still time to negotiate a deal but added, 'If they want war, they will get war.' More from the report: Read more here. Stellantis warns of $2.7B loss as tariffs bite Big Three automaker Stellantis (STLA) warned on Monday that it expects a 2.3 billion euro ($2.7 billion) net loss for the first half of 2025, hit by restructuring costs, ebbing sales, and an initial hit from US tariffs. The Chrysler maker's US-listed shares slipped nearly 2% in premarket, mirroring a drop in its stock in Milan. Reuters reports: Read more here. EU to prepare its retaliation plan as US hardens its stance on trade talks EU negotiators are scrambling to make a trade agreement with the US as the Aug. 1 tariff deadline closes in. But they are also stepping up preparations to strike back if the two sides fail to secure a deal. Bloomberg reports: Read more here. Lutnick 'confident' US will get tariffs deal done with EU before Aug. 1 deadline WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident the United States can secure a trade deal with the European Union, but August 1 is a hard deadline for tariffs to kick in. Lutnick said he had just gotten off the phone with European trade negotiators and there was "plenty of room" for agreement. "These are the two biggest trading partners in the world, talking to each other. We'll get a deal done. I am confident we'll get a deal done," Lutnick said in an interview with CBS' "Face the Nation." President Donald Trump threatened on July 12 to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal. Lutnick said that was a hard deadline. "Nothing stops countries from talking to us after August 1, but they're going to start paying the tariffs on August 1," he said on CBS. Read more here Trump's tariffs are already shaping the holiday shopping season NEW YORK (AP) — With summer in full swing in the United States, retail executives are sweating a different season. It's less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices. But President Donald Trump's vacillating trade policies have complicated those end-of-year plans. Balsam Hill, which sells artificial trees and other decorations online, expects to publish fewer and thinner holiday catalogs because the featured products keep changing with the tariff rates the president sets, postpones and revises. 'The uncertainty has led us to spend all our time trying to rejigger what we're ordering, where we're bringing it in, when it's going to get here,' Mac Harman, CEO of Balsam Hill parent company Balsam Brands, said. 'We don't know which items we're going to have to put in the catalog or not." Months of confusion over which foreign countries' goods may become more expensive to import has left a question mark over the holiday shopping season. U.S. retailers often begin planning for the winter holidays in January and typically finalize the bulk of their orders by the end of June. The seesawing tariffs already have factored into their calculations. Read more here Hawaii coffee growers say Trump tariffs may curb demand (Bloomberg) — Hawaiian coffee farmers have a message for President Donald Trump: Steep tariffs on major exporters such as Brazil will end up hurting them, too. Hawaii at first glance might seem the obvious beneficiary of tariffs on coffee. It is the only state in the country where the tropical goods grow, with the vast majority of java imbibed by Americans imported from South America and Vietnam. Higher priced foreign imports should, in theory, make the island state's products comparatively more affordable. But growers say the opposite is true: rising prices across the board will hit consumers already struggling with inflation, curbing demand on everything from popular everyday roasts available at grocery stores to luxury Kona beans. While the discourse around trade and Trump's 'Buy American' mantra could draw attention to Hawaiian goods, the upshot for the state's farmers is that 'tariffs will probably will hurt us as much as it would hurt the mainland roasters,' said Suzanne Shriner, the vice president of the Kona Coffee Farmers Association and the president of Lions Gate Farms. Read more here Trump pushes for 15%-20% minimum tariff on all EU goods President Trump appears to have settled on a tariff rate on all EU member countries, according to reports. Financial Times reports: Read more (subscription required). Battery materials stocks jump after US lays out 93.5% graphite duty Bloomberg reports: Stocks of battery material makers climbed after the US announced it would impose preliminary anti-dumping duties of 93.5% on graphite imports from China. Shares of Australian graphite miner Syrah Resources Ltd. (SYAAF) surged as much as 38%, while shares of South Korea's Posco Future M Co. ( climbed 24%. Novonix Ltd. (NVNXF), an Australian-listed company with a graphite production plant in Chattanooga, Tennessee, surged 21%. Gains in these and other Asian stocks tracked earlier jumps in Canadian peers including Nouveau Monde Graphite Inc. (NMG) The Commerce Department issued the preliminary determination Thursday, and a final plan should be announced by Dec. 5. The US determined that China, which dominates the processing capacity of graphite, had been unfairly subsidizing the industry. Graphite is a key raw material in the anodes of electric-vehicle batteries. About two-thirds of the material imported by the US still came from China last year. Read more here. China: Trade talks show there's no need for tariff war Reuters reports: Read more here. US set to impose 93.5% tariff on key battery material from China Bloomberg reports that the Commerce Department imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, a key battery component, after concluding the materials had been unfairly subsidized. From Bloomberg: Read more here. Trump Tariff added $115M in aluminum costs for largest US producer The largest producer of aluminum in the US, Alcoa Corp., claims that tariffs cost it $115 million in Q2. Bloomberg reports: Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump's trade agenda has affected the industry. The company redirected Canadian produced aluminum to customers outside the US to mitigate additional tariff costs, it said Wednesday while reporting earnings that beat analyst estimates. Alcoa shares rose as much as 6.4% Thursday in New York, the biggest intraday increase since June 26. Metal producers are navigating the trade tumult Trump created after raising import tariffs on steel and aluminum, first to 25% in March and then to 50% in June, in an effort to revive domestic production. Alcoa's latest toll from tariffs is about six times more than in the first quarter when the Pittsburgh-based firm said the levies, which were then 25%, had cost it an additional $20 million. Mining giant Rio Tinto Group also revealed Wednesday that its Canada-made aluminum generated costs of more than $300 million in the first half due to the tariffs. Read more here. Nordic finance heads urge EU to stand firm in US trade talks Financial leaders in European Union member countries are clearly telling their peers to hold their ground and act fast in trade talks with the US. Bloomberg reports: Read more here. EU lines up tariffs on US digital services as retaliation: Sources The European Commission is drawing up a list of measures against US services as part of its potential response to President Trump's 30% levies due to kick in on Aug. 1, sources told the Financial Times. The FT reports: Read more here. EU stalls probe into Musk's X amid US trade talks The EU seems to be treading carefully during negotiations to avoid a 30% tariff it sees as "prohibitive" to transatlantic trade. The Financial Times reports: Read more here. Volvo CEO wants EU to cut 'unnecessary' auto tariffs Reuters reports: Read more here. Trump eyes tariffs of 10% or 15% for the 150+ countries, muses on EU deal President Trump said the tariff rate could be 10% or 15% for the more than 150 countries he has promised will get a notification letter soon. Bloomberg reports: Read more here. Orange juice importer says Trump's Brazil tariffs will raise US prices Orange juice prices join the list of products that could see price increases as a result of tariffs imposed by the Trump administration. Bloomberg reports: A US orange juice distributor is suing over President Donald Trump's move to impose a 50% tariff on Brazil starting next month. Johanna Foods Inc. is arguing that Trump's reasons for the levy increase — including support for Brazil's former right-wing President Jair Bolsonaro — don't present 'unusual and extraordinary' threats that give him emergency authority to circumvent Congress' taxing power. The New Jersey-based company estimates that the Brazil tariffs would increase its costs for not-from-concentrate orange juice from Brazil by $68 million over the next 12 months and raise retail costs for consumers between 20-25%. According to the complaint, Brazil supplies more than half of all orange juice sold in the US. Read more here. Orange juice prices join the list of products that could see price increases as a result of tariffs imposed by the Trump administration. Bloomberg reports: A US orange juice distributor is suing over President Donald Trump's move to impose a 50% tariff on Brazil starting next month. Johanna Foods Inc. is arguing that Trump's reasons for the levy increase — including support for Brazil's former right-wing President Jair Bolsonaro — don't present 'unusual and extraordinary' threats that give him emergency authority to circumvent Congress' taxing power. The New Jersey-based company estimates that the Brazil tariffs would increase its costs for not-from-concentrate orange juice from Brazil by $68 million over the next 12 months and raise retail costs for consumers between 20-25%. According to the complaint, Brazil supplies more than half of all orange juice sold in the US. Read more here. Brazil acknowledges possibility of no US trade deal by August 1 President Trump's August 1 tariff deadline is steadily approaching, and trading partners are preparing for multiple outcomes. Brazil, for example, is increasingly open to the possibility that a trade deal won't be reached in time. Reuters reported: Read more here. President Trump's August 1 tariff deadline is steadily approaching, and trading partners are preparing for multiple outcomes. Brazil, for example, is increasingly open to the possibility that a trade deal won't be reached in time. Reuters reported: Read more here. US steelmaker Cleveland-Cliffs touts 'positive impact' of tariffs Cleveland-Cliffs (CLF) CEO Lourenco Goncalves praised President Trump's protectionist policies on Monday, stating that the 25%-50% tariffs on foreign steel imports have had a "positive impact" on the US steel and automotive industries. The Section 232 steel tariffs "have played a significant role in supporting the domestic steel industry," Goncalves said during the company's earnings call. 'So far, there's no indication that the Section 232 tariffs will be used as a bargaining chip by the Trump administration as leverage in trade deals with other countries," Goncalves added. "We appreciate that and fully expect that the administration will keep in place and enforce these Section 232 tariffs." Goncalves said the only place where it's having a problem is with Stelco, the Canadian steel company it acquired in November 2024. The CEO urged Canadian Prime Minister Mark Carney to implement similar protectionist policies, saying that other efforts to curb unfair trade practices were "insufficient." Cleveland-Cliffs stock soared 11% in early trading Monday after the company reported record steel shipments of 4.3 million net tons for the three months ended June 30. Read more about how Cleveland-Cliffs' stock is trading. Cleveland-Cliffs (CLF) CEO Lourenco Goncalves praised President Trump's protectionist policies on Monday, stating that the 25%-50% tariffs on foreign steel imports have had a "positive impact" on the US steel and automotive industries. The Section 232 steel tariffs "have played a significant role in supporting the domestic steel industry," Goncalves said during the company's earnings call. 'So far, there's no indication that the Section 232 tariffs will be used as a bargaining chip by the Trump administration as leverage in trade deals with other countries," Goncalves added. "We appreciate that and fully expect that the administration will keep in place and enforce these Section 232 tariffs." Goncalves said the only place where it's having a problem is with Stelco, the Canadian steel company it acquired in November 2024. The CEO urged Canadian Prime Minister Mark Carney to implement similar protectionist policies, saying that other efforts to curb unfair trade practices were "insufficient." Cleveland-Cliffs stock soared 11% in early trading Monday after the company reported record steel shipments of 4.3 million net tons for the three months ended June 30. Read more about how Cleveland-Cliffs' stock is trading. Bessent: Trump more concerned about quality of deals than making deals by Aug. 1 Treasury Secretary Scott Bessent on Monday said the US wouldn't rush to make trade deals ahead of an Aug. 1 deadline for many of President Trump's sweeping tariffs to kick in. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. More from Reuters: Read more here. Treasury Secretary Scott Bessent on Monday said the US wouldn't rush to make trade deals ahead of an Aug. 1 deadline for many of President Trump's sweeping tariffs to kick in. "We're not going to rush for the sake of doing deals," Bessent told CNBC in an interview. More from Reuters: Read more here. More signs that Europe is hardening its stance We detailed earlier (keep scrolling) how the EU is readying its plans for retaliation in case a trade deal with the US fails. The Wall Street Journal has a big report out today with some more details of those plans — and details on how delicate negotiations are on even thinner ice, as President Trump keeps wanting more. The report said the EU got a "surprise" when US officials said Trump would want a higher baseline tariff in any deal, likely north of 15%, after months of talks around a 10% baseline. That apparently prompted Germany, Europe's largest economy, to swing to more of an alignment with France, which has been pushing a harder line throughout the negotiations. 'All options are on the table,' a German official said. The official said there was still time to negotiate a deal but added, 'If they want war, they will get war.' More from the report: Read more here. We detailed earlier (keep scrolling) how the EU is readying its plans for retaliation in case a trade deal with the US fails. The Wall Street Journal has a big report out today with some more details of those plans — and details on how delicate negotiations are on even thinner ice, as President Trump keeps wanting more. The report said the EU got a "surprise" when US officials said Trump would want a higher baseline tariff in any deal, likely north of 15%, after months of talks around a 10% baseline. That apparently prompted Germany, Europe's largest economy, to swing to more of an alignment with France, which has been pushing a harder line throughout the negotiations. 'All options are on the table,' a German official said. The official said there was still time to negotiate a deal but added, 'If they want war, they will get war.' More from the report: Read more here. Stellantis warns of $2.7B loss as tariffs bite Big Three automaker Stellantis (STLA) warned on Monday that it expects a 2.3 billion euro ($2.7 billion) net loss for the first half of 2025, hit by restructuring costs, ebbing sales, and an initial hit from US tariffs. The Chrysler maker's US-listed shares slipped nearly 2% in premarket, mirroring a drop in its stock in Milan. Reuters reports: Read more here. Big Three automaker Stellantis (STLA) warned on Monday that it expects a 2.3 billion euro ($2.7 billion) net loss for the first half of 2025, hit by restructuring costs, ebbing sales, and an initial hit from US tariffs. The Chrysler maker's US-listed shares slipped nearly 2% in premarket, mirroring a drop in its stock in Milan. Reuters reports: Read more here. EU to prepare its retaliation plan as US hardens its stance on trade talks EU negotiators are scrambling to make a trade agreement with the US as the Aug. 1 tariff deadline closes in. But they are also stepping up preparations to strike back if the two sides fail to secure a deal. Bloomberg reports: Read more here. EU negotiators are scrambling to make a trade agreement with the US as the Aug. 1 tariff deadline closes in. But they are also stepping up preparations to strike back if the two sides fail to secure a deal. Bloomberg reports: Read more here. Lutnick 'confident' US will get tariffs deal done with EU before Aug. 1 deadline WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident the United States can secure a trade deal with the European Union, but August 1 is a hard deadline for tariffs to kick in. Lutnick said he had just gotten off the phone with European trade negotiators and there was "plenty of room" for agreement. "These are the two biggest trading partners in the world, talking to each other. We'll get a deal done. I am confident we'll get a deal done," Lutnick said in an interview with CBS' "Face the Nation." President Donald Trump threatened on July 12 to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal. Lutnick said that was a hard deadline. "Nothing stops countries from talking to us after August 1, but they're going to start paying the tariffs on August 1," he said on CBS. Read more here WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident the United States can secure a trade deal with the European Union, but August 1 is a hard deadline for tariffs to kick in. Lutnick said he had just gotten off the phone with European trade negotiators and there was "plenty of room" for agreement. "These are the two biggest trading partners in the world, talking to each other. We'll get a deal done. I am confident we'll get a deal done," Lutnick said in an interview with CBS' "Face the Nation." President Donald Trump threatened on July 12 to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal. Lutnick said that was a hard deadline. "Nothing stops countries from talking to us after August 1, but they're going to start paying the tariffs on August 1," he said on CBS. Read more here Trump's tariffs are already shaping the holiday shopping season NEW YORK (AP) — With summer in full swing in the United States, retail executives are sweating a different season. It's less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices. But President Donald Trump's vacillating trade policies have complicated those end-of-year plans. Balsam Hill, which sells artificial trees and other decorations online, expects to publish fewer and thinner holiday catalogs because the featured products keep changing with the tariff rates the president sets, postpones and revises. 'The uncertainty has led us to spend all our time trying to rejigger what we're ordering, where we're bringing it in, when it's going to get here,' Mac Harman, CEO of Balsam Hill parent company Balsam Brands, said. 'We don't know which items we're going to have to put in the catalog or not." Months of confusion over which foreign countries' goods may become more expensive to import has left a question mark over the holiday shopping season. U.S. retailers often begin planning for the winter holidays in January and typically finalize the bulk of their orders by the end of June. The seesawing tariffs already have factored into their calculations. Read more here NEW YORK (AP) — With summer in full swing in the United States, retail executives are sweating a different season. It's less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices. But President Donald Trump's vacillating trade policies have complicated those end-of-year plans. Balsam Hill, which sells artificial trees and other decorations online, expects to publish fewer and thinner holiday catalogs because the featured products keep changing with the tariff rates the president sets, postpones and revises. 'The uncertainty has led us to spend all our time trying to rejigger what we're ordering, where we're bringing it in, when it's going to get here,' Mac Harman, CEO of Balsam Hill parent company Balsam Brands, said. 'We don't know which items we're going to have to put in the catalog or not." Months of confusion over which foreign countries' goods may become more expensive to import has left a question mark over the holiday shopping season. U.S. retailers often begin planning for the winter holidays in January and typically finalize the bulk of their orders by the end of June. The seesawing tariffs already have factored into their calculations. Read more here Hawaii coffee growers say Trump tariffs may curb demand (Bloomberg) — Hawaiian coffee farmers have a message for President Donald Trump: Steep tariffs on major exporters such as Brazil will end up hurting them, too. Hawaii at first glance might seem the obvious beneficiary of tariffs on coffee. It is the only state in the country where the tropical goods grow, with the vast majority of java imbibed by Americans imported from South America and Vietnam. Higher priced foreign imports should, in theory, make the island state's products comparatively more affordable. But growers say the opposite is true: rising prices across the board will hit consumers already struggling with inflation, curbing demand on everything from popular everyday roasts available at grocery stores to luxury Kona beans. While the discourse around trade and Trump's 'Buy American' mantra could draw attention to Hawaiian goods, the upshot for the state's farmers is that 'tariffs will probably will hurt us as much as it would hurt the mainland roasters,' said Suzanne Shriner, the vice president of the Kona Coffee Farmers Association and the president of Lions Gate Farms. Read more here (Bloomberg) — Hawaiian coffee farmers have a message for President Donald Trump: Steep tariffs on major exporters such as Brazil will end up hurting them, too. Hawaii at first glance might seem the obvious beneficiary of tariffs on coffee. It is the only state in the country where the tropical goods grow, with the vast majority of java imbibed by Americans imported from South America and Vietnam. Higher priced foreign imports should, in theory, make the island state's products comparatively more affordable. But growers say the opposite is true: rising prices across the board will hit consumers already struggling with inflation, curbing demand on everything from popular everyday roasts available at grocery stores to luxury Kona beans. While the discourse around trade and Trump's 'Buy American' mantra could draw attention to Hawaiian goods, the upshot for the state's farmers is that 'tariffs will probably will hurt us as much as it would hurt the mainland roasters,' said Suzanne Shriner, the vice president of the Kona Coffee Farmers Association and the president of Lions Gate Farms. Read more here Trump pushes for 15%-20% minimum tariff on all EU goods President Trump appears to have settled on a tariff rate on all EU member countries, according to reports. Financial Times reports: Read more (subscription required). President Trump appears to have settled on a tariff rate on all EU member countries, according to reports. Financial Times reports: Read more (subscription required). Battery materials stocks jump after US lays out 93.5% graphite duty Bloomberg reports: Stocks of battery material makers climbed after the US announced it would impose preliminary anti-dumping duties of 93.5% on graphite imports from China. Shares of Australian graphite miner Syrah Resources Ltd. (SYAAF) surged as much as 38%, while shares of South Korea's Posco Future M Co. ( climbed 24%. Novonix Ltd. (NVNXF), an Australian-listed company with a graphite production plant in Chattanooga, Tennessee, surged 21%. Gains in these and other Asian stocks tracked earlier jumps in Canadian peers including Nouveau Monde Graphite Inc. (NMG) The Commerce Department issued the preliminary determination Thursday, and a final plan should be announced by Dec. 5. The US determined that China, which dominates the processing capacity of graphite, had been unfairly subsidizing the industry. Graphite is a key raw material in the anodes of electric-vehicle batteries. About two-thirds of the material imported by the US still came from China last year. Read more here. Bloomberg reports: Stocks of battery material makers climbed after the US announced it would impose preliminary anti-dumping duties of 93.5% on graphite imports from China. Shares of Australian graphite miner Syrah Resources Ltd. (SYAAF) surged as much as 38%, while shares of South Korea's Posco Future M Co. ( climbed 24%. Novonix Ltd. (NVNXF), an Australian-listed company with a graphite production plant in Chattanooga, Tennessee, surged 21%. Gains in these and other Asian stocks tracked earlier jumps in Canadian peers including Nouveau Monde Graphite Inc. (NMG) The Commerce Department issued the preliminary determination Thursday, and a final plan should be announced by Dec. 5. The US determined that China, which dominates the processing capacity of graphite, had been unfairly subsidizing the industry. Graphite is a key raw material in the anodes of electric-vehicle batteries. About two-thirds of the material imported by the US still came from China last year. Read more here. China: Trade talks show there's no need for tariff war Reuters reports: Read more here. Reuters reports: Read more here. US set to impose 93.5% tariff on key battery material from China Bloomberg reports that the Commerce Department imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, a key battery component, after concluding the materials had been unfairly subsidized. From Bloomberg: Read more here. Bloomberg reports that the Commerce Department imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, a key battery component, after concluding the materials had been unfairly subsidized. From Bloomberg: Read more here. Trump Tariff added $115M in aluminum costs for largest US producer The largest producer of aluminum in the US, Alcoa Corp., claims that tariffs cost it $115 million in Q2. Bloomberg reports: Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump's trade agenda has affected the industry. The company redirected Canadian produced aluminum to customers outside the US to mitigate additional tariff costs, it said Wednesday while reporting earnings that beat analyst estimates. Alcoa shares rose as much as 6.4% Thursday in New York, the biggest intraday increase since June 26. Metal producers are navigating the trade tumult Trump created after raising import tariffs on steel and aluminum, first to 25% in March and then to 50% in June, in an effort to revive domestic production. Alcoa's latest toll from tariffs is about six times more than in the first quarter when the Pittsburgh-based firm said the levies, which were then 25%, had cost it an additional $20 million. Mining giant Rio Tinto Group also revealed Wednesday that its Canada-made aluminum generated costs of more than $300 million in the first half due to the tariffs. Read more here. The largest producer of aluminum in the US, Alcoa Corp., claims that tariffs cost it $115 million in Q2. Bloomberg reports: Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump's trade agenda has affected the industry. The company redirected Canadian produced aluminum to customers outside the US to mitigate additional tariff costs, it said Wednesday while reporting earnings that beat analyst estimates. Alcoa shares rose as much as 6.4% Thursday in New York, the biggest intraday increase since June 26. Metal producers are navigating the trade tumult Trump created after raising import tariffs on steel and aluminum, first to 25% in March and then to 50% in June, in an effort to revive domestic production. Alcoa's latest toll from tariffs is about six times more than in the first quarter when the Pittsburgh-based firm said the levies, which were then 25%, had cost it an additional $20 million. Mining giant Rio Tinto Group also revealed Wednesday that its Canada-made aluminum generated costs of more than $300 million in the first half due to the tariffs. Read more here. Nordic finance heads urge EU to stand firm in US trade talks Financial leaders in European Union member countries are clearly telling their peers to hold their ground and act fast in trade talks with the US. Bloomberg reports: Read more here. Financial leaders in European Union member countries are clearly telling their peers to hold their ground and act fast in trade talks with the US. Bloomberg reports: Read more here. EU lines up tariffs on US digital services as retaliation: Sources The European Commission is drawing up a list of measures against US services as part of its potential response to President Trump's 30% levies due to kick in on Aug. 1, sources told the Financial Times. The FT reports: Read more here. The European Commission is drawing up a list of measures against US services as part of its potential response to President Trump's 30% levies due to kick in on Aug. 1, sources told the Financial Times. The FT reports: Read more here. EU stalls probe into Musk's X amid US trade talks The EU seems to be treading carefully during negotiations to avoid a 30% tariff it sees as "prohibitive" to transatlantic trade. The Financial Times reports: Read more here. The EU seems to be treading carefully during negotiations to avoid a 30% tariff it sees as "prohibitive" to transatlantic trade. The Financial Times reports: Read more here. Volvo CEO wants EU to cut 'unnecessary' auto tariffs Reuters reports: Read more here. Reuters reports: Read more here. Trump eyes tariffs of 10% or 15% for the 150+ countries, muses on EU deal President Trump said the tariff rate could be 10% or 15% for the more than 150 countries he has promised will get a notification letter soon. Bloomberg reports: Read more here. President Trump said the tariff rate could be 10% or 15% for the more than 150 countries he has promised will get a notification letter soon. Bloomberg reports: Read more here.
Android Authority
20 minutes ago
- Android Authority
Galaxy Watch Ultra users rejoice: Wear OS 6 rolls out ahead of schedule!
Kaitlyn Cimino / Android Authority TL;DR The Samsung Galaxy Watch Ultra (2024) is receiving the One UI 8 update with Wear OS 6 earlier than expected. The rollout has started for T-Mobile, AT&T, and Google Fi models in the US, as well as in some overseas markets. New features include better notifications, new gestures, improved health tracking, and more personalization options. The Samsung Galaxy Watch 8, Watch 8 Classic, and Watch Ultra (2025) are the first smartwatches to get Wear OS 6 update as they shipped with One UI 8 Watch right out of the box. Since there aren't any real spec differences between the older Galaxy Watch Ultra (2024) and the newer Watch Ultra (2025), it was expected that the older Watch Ultra would also get Wear OS 6 very soon. Samsung dampened expectations by giving itself a wide timeline for stable release, and in a healthy surprise, One UI 8 Watch is already here for older Watch Ultra! Reddit users confirm that their older Galaxy Watch Ultra (2024) is receiving its One UI 8 Watch update based on Wear OS 6. This 1.9GB update has been reported on Galaxy Watch Ultra (2024) on T-Mobile, AT&T, and even Google Fi. Outside the US, Reddit users have confirmed receiving the update in Thailand, but nothing yet for regions like the UK. There's a good chance that it's a staged rollout, so more regions and more users should be receiving the update gradually over the week. At Galaxy Unpacked when the Watch Ultra (2025) was being launched, Samsung was asked when the One UI 8 Watch update would arrive for the Watch Ultra (2024). The company mentioned that the older smartwatch is slated to get the Wear OS 6 update either later this year or early next year. It's a happy surprise to see the update roll out in the same month as the launch and release of the Watch Ultra (2025), as otherwise it was nothing but artificial exclusivity to sell the newer version. The company has yet to provide a timeline for when the stable update will be available for older Galaxy Watch models, such as the Galaxy Watch 7 series and earlier. A beta program is already underway for the Galaxy Watch 7, so we're crossing our fingers to see the update soon. Here's the full One UI 8 Watch changelog highlighting all the changes you can look forward to with the update: Get things done: Stay on top of important tasks with the Now bar: Check the information you need right now and start essential features straight from your watch face. Ongoing tasks will appear in the Now bar at the bottom of your watch face so you can check key information quickly. Do more with double pinch: Just pinch your thumb and index finger together twice to scroll through notifications, control music, take pictures, and more. You can also customize what happens when you double pinch on the watch face, music controller, as well as alarm, calendar, and reminder alerts. Choose the actions you need most in each situation. Mark reminders as important: Mark reminders as important by tapping the Star icon. Important reminders will appear at the top of your reminder list to make sure you notice them. New charging effects: When your watch is charging, the new screen layout and animations make it easier to check the current battery level and remaining charging time. Stay connected: Easily respond to notifications and alerts: Use gestures to quickly respond to notifications and alerts. When a notification appears, you can double pinch to view the details or send a reply. You can also shake your wrist to return to the watch face. Enhanced notification view: Notifications on your watch are now easier to use with an attractive new design. Notifications from the same app are stacked vertically, allowing you to view more notifications with fewer swipes. Smarter notification settings: It's now easier to decide how to receive notifications from your phone on your watch. If you choose Smart device selection, notifications will appear on your phone only when you're using it and on your watch when you're not using your phone. If you choose Always show on both, notifications will always appear on both your phone and watch. Upgrade your health: Bedtime guidance: Get to sleep at the right time so you wake up feeling refreshed. The new Bedtime guidance feature analyzes your sleep data and recommends the best time to go to sleep each night. Mindfulness: Manage stress and anxiety in your daily life with the new Mindfulness feature in Samsung Health. You can keep track of your moods and emotions and practice breathing exercises to reduce stress. Tailored to you: Find the perfect watch face: It's now easier to find the watch face that's right for you. Just choose a few keywords such as your preferred style, color, and information to show. The best matches will be suggested from our collection of more than 300 watch faces. Recommended watch faces: Discover new watch faces that you might like. Watch faces with colors, style, or information similar to your current watch face will be recommended on the watch face selection screen. Create your own tiles: Create your own custom tiles that show the information you need. You can even combine information from different apps into a single tile. You can include weather information, calendar events, reminders, and more. Personalized Apps screen: Featured apps now appear at the top of your Apps screen to give you quick access to the apps you need the most. Apps will be featured based on how often you use them and other usage patterns. You can also view your apps as a list with names instead of only icons. Choose calendars to show on your watch: You can now choose which calendars to show in the Calendar app on your watch. You can show all of the same calendars that are on your phone or customize to show only the calendars you need. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
CNET
20 minutes ago
- CNET
How to Recycle Your Old Computers and Printers for Free
It's weirdly difficult to get rid of old laptops, desktops and printers sitting around your house -- even when it's been over a decade since you last plugged them in. But recycling old tech is easier than you think and can free up a lot of space for you. A CNET survey found that 31% of US adults are still holding onto old, unused devices, including laptops, because they're unsure of what to do with them. The survey also found that 19% of respondents just toss old devices in the trash -- which is actually illegal in many states and can draw hefty fines -- while 29% use a recycling service to dispose of old tech. But there are easy and sustainable ways to clear out all that ancient tech. Recycling computers and printers can be as easy as bringing them to major retailers such as Best Buy, Office Depot and Staples. Some stores will even give you credit for offloading your old devices, as hard as it might be to let go of them. Here's what you need to know about recycling your old tech. For more, learn how to recycle your old phones. Before recycling your old computer Wherever you choose to take or mail in your items to be recycled, you'll want to protect your data by removing it as best you can. One way to do this is to perform a factory reset on your computer. Our guide walks you through the process. Where to recycle old printers and computers Some retail stores will accept computers and printers for recycling, but it's not always a free service. Policies vary by company. Apple You can recycle your old Apple computers, monitors and peripherals, such as printers, for free at an Apple store, but there's a costly catch. According to the Apple Free Recycling program, you must also purchase a qualifying Apple computer or monitor to receive this service. Need another option? A third-party company called Gazelle buys old MacBooks to recycle them. After accepting Gazelle's offer, you print a prepaid label or request a prepaid box and ship the machine to them. Read more: Phone and Laptop Repair Goes Mainstream With Push From iFixit Best Buy Best Buy generally accepts up to three household items per household per day to be recycled for free, including desktop computers and printers, as well as other items ranging from e-readers to vacuum cleaners. While three is the limit for most items, there's a higher limit for laptops -- Best Buy will take five of those per household per day. Note that rules for dropping off monitors vary by state, and it's not always free to do so. Best Buy also offers a mail-in recycling service for select items, but that's also not free. A small box that holds up to 6 pounds costs $23, while a large box (up to 15 pounds) costs $30. Office Depot Office Depot and OfficeMax merged in 2013. The retailers offer a tech trade-in program both in-store and online where you may be able to get a store gift card in exchange for your old computers and printers. If the device has no trade-in value, the company will recycle it for free. Office Depot also sells its own tech recycling boxes that you can fill with electronics to be recycled and then drop off at the stores, but they aren't free. The small boxes cost $8.39 and hold up to 20 pounds, the medium ones cost $18.29 and hold up to 40 pounds, and the large boxes cost $28 and hold up to 60 pounds. Staples You can bring your old desktop computers, laptops, printers and more to the Staples checkout counter to be recycled for free, even if they weren't purchased there. The retailer also has a free at-home battery recycling box which, according to a Staples rep, has led customers to recycle thousands of batteries per week, up from an earlier average of 50 per week. Here's a list of everything that can be recycled at Staples. Read more: How to Factory Reset a MacBook, Windows Laptop or Chromebook Where to find electronics recycling centers If you don't live near a major retailer or would rather take your computers and printers to a recycling center, you can locate places near you by using search tools provided by Earth911 and the Consumer Technology Association. Earth911 Use the recycling center search function on Earth911 to find recycling centers near your ZIP code that accept laptops, desktops and printers. Note that the results may also turn up places that accept mobile phones and not computers or printers, so you may have to do a little filtering. Greener Gadgets Consult the Consumer Technology Association's Greener Gadgets Recycle Locator to find local recycling centers in your area that will take old items. The search function also allows you to filter the results to separately hunt for places that take computers versus printers.
