RH (NYSE:RH) swung to a first-quarter profit, beating Wall Street estimates, as shares jumped 11% on plans to sharply reduce China-based production and offset tariff pressures, while maintaining its annual revenue outlook.
#YonhapInfomax #RH #Q1Earnings #Tariffs #ChinaProduction #SharePriceSurge #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67535

#USpolitics #USproduction vs #ChinaProduction

"another win for China" [ ± 1min]
by InCavemanscorner [Jul 3, 2024]

https://www.youtube.com/shorts/wS2ym5IwKmw

#USbeware
#CapitalismIsFailingYou
#WorkersUnite #UnionStrong