From Nike to Starbucks, tariff relief for stocks is fleeting
For some of the hardest-hit companies, the share price benefits pale in comparison with the massive losses they suffered on Liberation Day.
Major U.S. retailers and manufacturers are finally receiving some tariff relief from President Donald Trump's trade policies. However, the positive impact on stock prices has been disappointing, considering the significant losses these companies faced when the tariffs were initially imposed in April 2025. The S&P 500 experienced its worst day in five years after Trump announced the tariffs, but the subsequent refunds initiated by the Supreme Court have not provided the anticipated boost to investor sentiment.
Despite the cash inflows, the effect on equities has been relatively limited and short-lived. Furthermore, the situation may worsen as a new trade dispute between the U.S. and Canada escalates, potentially undermining any gains made from the tariff relief.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
