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Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears

Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears BRP's US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook. The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in a $500 million hit before any mitigation efforts. BRP wrote in a statement: For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the...
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May 7, 2026 / Tyler Durden
Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey
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Apr 19, 2026 / Tyler Durden
US Prepares To Board Iran-Linked Ships Globally Following Iranian Gunboat Attack On Tanker In Hormuz
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Jul 20, 2026 / Tyler Durden
"Americans Deserve To Know": State Dept. Report Details Cuban Espionage, Subversion, And Role In Rise Of Far Left
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