Truist pointed to expectations of lower interest rates, slowing economic growth, and rising loan-loss provisions as key downside risks for the banking sector following President Trump’s sweeping trade tariffs announced earlier this week.
The move follows Ford Motor Co.’s launch of its ‘From America, For America’ campaign, which began Thursday and extends employee pricing to the public through June 2 on select 2024 and 2025 models, including imports.
China’s tariffs target a broad swath of U.S. goods and came alongside other punitive measures, including an expanded “unreliable entities list” and an antitrust investigation into DuPont.
Company CEO Gary Delanois said that the company is “rapidly evolving” from its traditional leasing model to a direct provider of radiation therapy treatment services to cancer patients.
Uplizna is now the first FDA-approved treatment for Immunoglobulin G4-related disease, affecting an estimated 20,000 people in the United States
The temporary U.S. layoffs affect factories in Michigan and Indiana, while the Ontario plant in Canada will shut down for two weeks, and the Toluca facility in Mexico will remain closed through April.
Selling resumed in pre-market trade on Friday after China announced new tariffs of 34% on all U.S. imports, effective April 10.
Tesla registrations in the UK rose 2.4% in March to 7,164 units, while market share fell from 2.2% to 2.01%.
Wolfe Research analysts said Fastenal is positioned well in the current environment.
According to a Bloomberg report, the DOJ decision would allow the Federal Reserve and the Office of the Comptroller of the Currency to approve the deal.
