Trump's Tariffs Trigger Pvh Corp. Stock Plunge

Pvh Corp. fell 1.61% in after-hours trading. The decline came after President Trump signed an executive order raising tariffs on imported steel and aluminum from 25% to 50%, which could negatively impact the company's operations and supply chain. Additionally, Trump's comments about the difficulty of striking a deal with China raised concerns about the ongoing trade truce, further contributing to the stock's decline.