Using the pretext of failing to prevent forced labor, the Trump administration imposed 10% to 12.5% Section 301 tariffs on 59 countries and the European Union, neatly replacing the expiring temporary 10% tariff imposed under Section 122 in Feb.

The footwear manufacturer and parent of Chinese retailer Pou Sheng said that net income attributable to shareholders would be down around 55% to 60% to roughly $60 million in the first half from $171.2 million, as weak demand and a tough operating environment hit the bottom line.

Great Outdoors Group’s outlook was revised to stable from negative, and Moody’s affirmed its Ba3 corporate family rating and other debt level ratings, citing improving operating performance.

The ratings agency said that GOLF’s growing customer base, engagement, and popularity support a healthy EBITDA margin, with golf consumables helping offset slowing golf club sales.

National Park recreational visits declined 7% year-over-year to 35,508,942 from 38,173,576 in the seasonally important month, and year-to-date visits were off 4% to 144,513,839 against 149,750,899.