Market Midday: Stocks Lower, Uncertainty Over China Trade, Retailers Are Dancing To Handle Tariffs 5/30/25
CNBC Business News Update
00:00
Impact of Tariffs on Retailers and Market Responses
This chapter examines the recent spike in tariffs affecting U.S. retailers, noting a rise in effective rates from 2.5% to 21%. It also explores how companies like Walmart are planning price increases, while highlighting Ulta Beauty's success and updates on SpaceX's activities in Texas.
Play episode from 01:39
Transcript
