
Hyundai’s Quarterly Profit Falls Short as Ongoing Tariff Headwinds Bite
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A late‑December U.S. tariff reclassification added roughly $900 million to Ford’s 2025 tariff bill, lifting total tariff-related costs to about $2 billion and erasing expected year‑end savings. Management still expects profitability to recover in 2026, but the surprise highlights broader industry sensitivity to abrupt trade‑policy and logistics shocks that can compress near‑term margins.

Steven Madden Withholds 2026 Profit Guidance Amid U.S. Tariff Shift
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Honda margins come under strain as U.S. trade measures and EV slowdown sap earnings
Honda reported a roughly 42% fall in profit for the first nine months of its fiscal year to 465.4 billion yen, citing higher U.S. auto-related tariffs and weaker EV demand in the U.S. The automaker trimmed its 2030 EV penetration target to 20% from 30%, halted development on select EV models and kept its full-year profit forecast at 300 billion yen, while broader industry trade and logistics pressures are prompting peers to consider price and sourcing responses.

U.S. customs bonds hit record shortfalls as tariff-driven liabilities surge
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U.S. Trade Shortfall Leaps as European Gap Widens Despite Tariff Strategy
The U.S. goods deficit surged to $56.8 billion in November, a near doubling from October driven largely by a larger gap with the European Union even as tariffs intended to curb imbalances were in place. Year-to-date through November the shortfall sits at $839.5 billion, about 4% higher than a year earlier, underscoring that recent tariff measures have not delivered an immediate narrowing of trade deficits.
Tariffs, Resilience and Risk: Why U.S. Growth Has So Far Weathered Heavy Import Levies
A year after steep import duties were rolled out, growth has continued instead of collapsing as many forecast; negotiated rollbacks, exemptions and adaptive behavior from firms and foreign suppliers muted the immediate hit. Yet fresh data — including a sharp November swing in the goods deficit and accelerated rerouting of supply chains — underline that the resilience is conditional and could give way to higher prices, margin pressure and a more fragmented global trade landscape.