Let's begin in Washington where the president announcing new tariffs impacting trucks, furniture, and the pharma market. Our Aean Jabber is in DC with more. Hey, Aean.>> Carl, that's right. President Trump announced a slate of new tariffs late yesterday focused on pharmaceuticals and trucks as the big headline. He said the US is going to impose a 100% tariff on any branded or patented pharmaceutical product entering the country.That'll begin on October 1st. But that will not apply to companies that are buil ...

Let's bring in Kevin Green, senior markets correspondent right away to help set up the action today. All right, KG, before we get into the latest on the tariff front, let's talk about the setup for today. We've had a little bit of weakness the past few days.Uh markets seemed like they're bracing for PCE report. What are you expecting. Yeah, I think we did see obviously some volatility yesterday, but we were able to recover going into the close.And I think that's very key for us to really try to hold that 6, ...

RH Inc. (NYSE: RH) shares are trending on Friday.Check out the current price of RH stock here. The shares of the home-furnishing company dropped 3.39% to $204.14 during after-hours trading on Thursday following President Donald Trump‘s tariff announcement targeting home furnishings.Trump Announces New Furniture TariffsTrump revealed that the U.S. would impose a 30% tariff on upholstered furniture and a 50% tariff on bathroom vanities. In a post on Truth Social, he blamed the “massive influx” of these produc ...

President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on "any branded or patented Pharmaceutical Product" entering the country from Oct. 1.The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added.He said that the exemption covers projects where construction has started, including sites that have broken ground or are under construction."There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started," Trum ...