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-5.9918681789013E-05 -0.000427990584207214 -0.000213995292103683 -0.00213995292103577 -0.00106997646051796 -0.00106997646051796 -0.00106997646051796 -0.00106997646051796
Stock impact report

AEO Stock Tumbles 17% After Tariff News: What's Next for Investors? [Yahoo! Finance]

Nordstrom, Inc. (JWN) 
Last nordstrom, inc. earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.nordstrom.com
Company Research Source: Yahoo! Finance
The sharp decline was due to the U.S. government's decision to implement a flat 10% tariff on imports from nearly all countries, along with additional reciprocal tariffs on around 60 nations that the United States claims to impose higher duties on American goods. Among these is Vietnam, which now faces a 46% tariff effective April 9. With effective tariff rates now standing at 54% for China and 46% for Vietnam, retailers like AEO that rely heavily on cost-efficient sourcing from these regions face a sudden spike in input costs. These elevated duties are expected to significantly pressure margins and may force brands to raise prices for consumers or absorb higher expenses, impacting profitability. The market decline reflects investor concerns about AEO's Read more
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