Andrew Ross Sorkin
Columnist and Editor at The New York Times
Co-Anchor at Squawk Box
@NYTimes Columnist/Editor & @SquawkCNBC Co-Anchor. Author, Too Big To Fail. Founder, @DealBook. Co-Creator, BILLIONS @Showtime. Co-Chair @NYPL's BLC. Proud Dad.
Articles
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1 week ago |
nytimes.com | Andrew Ross Sorkin |Ravi Mattu |Bernhard Warner |Sarah Kessler |Lauren Hirsch |Edmund Lee
All of our products are made in the U.S., but like many brands, we've historically relied on components from overseas - particularly China. After the COVID-19 disruptions, we realized how fragile global supply chains had become and began shifting aggressively toward domestic sourcing. It's been a multiyear investment, but today more than 90 percent of our cost of goods sold is U.S.-sourced.
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1 week ago |
nytimes.com | Andrew Ross Sorkin |Ravi Mattu |Bernhard Warner |Sarah Kessler |Lauren Hirsch |Edmund Lee | +1 more
Investors are breathing a bit easier on Monday, with markets rallying in Asia and Europe on hopes for a reprieve on tech tariffs. The optimism seems to contradict President Trump's own words. The president has signaled that yet another round of levies are on the way, sowing more confusion among business leaders about what's on, what's off - and how to deal with their new reality. Is Trump undermining his own position?
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2 weeks ago |
nytimes.com | Andrew Ross Sorkin |Ravi Mattu |Bernhard Warner |Sarah Kessler |Lauren Hirsch |Edmund Lee
The relief rally has gone global, for now. Stocks in Asia and Europe have rebounded after President Trump's drastic U-turn on tariffs. Turmoil in the bond markets has cooled, as investors hope that the president averted crashing the global economy into recession. But U.S. stock futures are in the red as uncertainty abounds. Businesses and investors have little visibility into the White House's next moves, even as some corporate leaders take comfort in the markets' role in prompting the reversal.
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2 weeks ago |
cnbc.com | Andrew Ross Sorkin
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAmazon CEO Andy Jassy letter to shareholders: Generative AI will reinvent every customer experienceCNBC's Andrew Ross Sorkin reports on news regarding Amazon.
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2 weeks ago |
nytimes.com | Andrew Ross Sorkin |Ravi Mattu |Bernhard Warner |Sarah Kessler |Lauren Hirsch |Edmund Lee | +1 more
Broad new tariffs on U.S. trading partners went into effect a few hours ago, including huge penalties for those on President Trump's "worst offenders" list. Up next: the threat of additional levies on pharmaceutical imports. The moves have hit jittery investors in the gut yet again, with bonds, Asian and European stocks and oil sharply lower on fears for the global economy.
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This will require our allies wanting to work with us. We have managed to taunt our closest allies + we are trying to extract tariff deals from them too. We probably have to choose where we are going to extract big deals from — our allies or China. Getting both is hard.
🚨 BESSENT: U.S. COULD APPROACH CHINA AS A GROUP WITH ALLIES
RT @m_delamerced: This is one of the stranger and more gripping tales of a software rivalry I've heard of recently: accusations of a mole,…
RT @mikeallen: 🚨NEW! @andrewrsorkin's 8-year-obsession Coming Oct. 14 ... "1929: The Inside Story of the Greatest Crash in Wall Street Hi…
