Power tool king Techtronic meets ‘Damocles Sword’ in U.S. tariffs
The Milwaukee power tool maker’s stock came under pressure after U.S. President Donald Trump slapped additional 10% tariffs on Chinese imports Key Takeaways: Techtronic estimates that new tariffs imposed by…
U.S. retail giants grow cautious as rising interest rates cast chill on consumption
Lurking behind strong recent performance for U.S. retail giants is concern that consumers will cut their spending in the current monetary tightening cycle By Bantang Qubing The U.S. Commerce…
Techtronic Powers Down After Covid Boom
Power tool maker’s revenue grew just 10% in the first half of 2022, much slower than last year’s 52% rate, as DIY activity returned to more normal levels with the…
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