From Yahoo Finance: 2025-04-10 11:19:00

President Trump’s fluctuating import tariffs have businesses anxious over rising costs and disrupted supply chains. Despite a temporary reduction in some tariffs, uncertainties remain. Global stocks rose after the announcement, but reversed course the next day. Companies like Hugo Boss are struggling to navigate the complex implications of these changes.

Tech giant Apple is chartering cargo flights to import iPhones from India amid escalating trade tensions. Alphabet and Microsoft are maintaining their investment plans despite concerns about customer budget limitations. Constellation Brands notes a decline in beer sales due to reduced demand from Hispanic populations in the U.S. amidst immigration policies.

Some companies like General Motors and luxury car brands are stockpiling inventory to combat tariffs. The uncertainty is impacting U.S. consumer confidence and spending habits, with shoe sales down 9.5%. IKEA faces challenges in keeping prices affordable amidst potential tariff impacts. Earnings forecasts for the upcoming season are pessimistic, with companies like Volkswagen and Stellantis already reporting weaker profits and production halts.

Serbia’s Testeral is concerned about potential layoffs due to tariffs affecting construction supplies. The company faces difficulties in adjusting prices due to long-term contracts. The outlook remains uncertain as businesses grapple with the ongoing trade war implications. 1. The FDA has approved the first new drug to treat Alzheimer’s disease in nearly 20 years. Aducanumab, marketed as Aduhelm, has shown promise in slowing cognitive decline in patients with early-stage Alzheimer’s.

2. The G7 leaders have agreed to a global minimum corporate tax rate of at least 15%. The move is aimed at preventing multinational corporations from shifting profits to low-tax jurisdictions and will help ensure a more equitable distribution of tax revenue.

3. The Biden administration has announced plans to donate 500 million doses of the Pfizer-BioNTech COVID-19 vaccine to over 90 countries in need. The donation is part of a broader effort to address global vaccine inequality and help end the pandemic.

4. The CDC has updated its guidelines to allow fully vaccinated individuals to go without masks in most indoor and outdoor settings. The move comes as the US continues to make progress in its vaccination efforts and sees a decline in COVID-19 cases.

5. Amazon founder Jeff Bezos has announced plans to step down as CEO of the e-commerce giant. Bezos will transition to the role of executive chairman later this year, with current AWS CEO Andy Jassy set to take over as CEO.

Read more: Trump’s tariff pause only stokes more uncertainty for CEOs