Politics
Lessons from Trump’s tariff tumult
US PRESIDENT Donald Trump’s tariff tempest has turned markets upside down, rocking investors globally. This spurred the Monetary Authority…
Tag
tariff
Politics
Trump rejects China's request for a tariff pause as a prerequisite for trade talks
President Trump says he will not drop the new tariffs he imposed on China to jump-start trade negotiations. Source link
Business
Shein’s London IPO stalled amid US tariff fallout
Shein Group’s initial public offering (IPO) plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business…
Politics
'The truckers are scrambling': Trump's tariffs hit drivers, L.A. port workers hard
Amid a wave of unprecedented tariffs, anxiety is running high for truck drivers like Helen, who makes her living delivering cargo…
Politics
Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online…
Politics
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The latest message from the data on the U.S. economy is simple: So far, so good, until further notice. The labor market remained in a…
Business
US: Wall Street opens higher on tariff, jobs data optimism
stock indexes opened higher on Friday (May 2), as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs…
Business
StanChart profit beats as lender weighs impact of tariff war
DARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Business
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
Standard Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Politics
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China…
Business
Asia: Stocks gain after China teases US tariff talks
Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.…
Business
Apple expects US$900 million tariff hit as shifts US iPhone supply to India
Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Politics
Xbox joins PlayStation in hiking console prices amid US tariff pressures
OSOFT’S Xbox is hiking the prices of its gaming consoles, controllers, first-party titles and other accessories, following similar moves…
Politics
GM Pours Cold Water Over Trump’s Tariff Claims With New Prediction
“If you had a choice between a doll from China, that might have, say, lead paint in it that is not as well constructed, as a doll made in…
Business
Column: The 'USA' brand was 250 years in the making. It took just 100 days to trash it
Ken Griffin, one of the billionaire donors who’d convinced themselves that President Trump wouldn’t do some things he campaigned to do,…
Politics
A month after Trump’s tariff madness, shockwaves still being felt around the world
If US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his…
Politics
A month after Trump’s tariff madness, shock waves are still being felt around the world
IF US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Politics
Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate…
Business
UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
UBS on Wednesday (Apr 30) posted better-than-expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US…
Business
Gold prices steady as investors await key US data, tariff updates
Gold prices held their ground on Wednesday (Apr 30) as investors awaited potential trade developments between the United States and its…
Politics
Senate to vote on ending emergency declaration that gives Trump tariff powers
The Senate is set to vote as soon as Wednesday evening on a resolution terminating the national emergency that President Trump has used to…