Politics
Trump Melts Down Over Fed Chair’s Dark Warning About Tariffs
Shortly after Trump announced Long as his pick to head the IRS, the committee was suddenly flush, taking in $137,000 in under three weeks…
Tag
Tariffs
Politics
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Hyundai Motor plans to temporarily suspend production of…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Fashion
Temu, Shein slash digital ads as tariffs end cheap shipping from China, data show
The online retailers are cutting ad spending on most platforms, according to two digital marketing firms that measure ad spending Chinese…
Politics
Are Shein and Temu prices going up amid Trump's tariffs? What to know
Chinese-founded e-commerce giants Temu and Shein announced plans to raise prices for U.S. customers beginning next week, citing rising…
Business
Europe: Shares close lower as ASML warns US tariffs cloud outlook
European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making…
Politics
Here’s How Much Money Trump’s Tariffs Are Actually Making
U.S. Customs and Border Protection has revealed how much money has been generated from Donald Trump’s tariffs—and it’s not nearly as much…
Politics
Fed Chair Issues Grim Warning About Consequences of Trump’s Tariffs
Federal Reserve Chair Jerome Powell warned Wednesday that Donald Trump’s sweeping reciprocal tariff policy would likely raise inflation,…
Politics
China Girds for Economic Stress of Trump’s Tariffs
President Trump’s tariffs have been good for China’s economic growth. At least they were over the first three months of the year, as the…
Politics
Trump Sends Desperate Message to Farmers as Tariffs War Gets Worse
“He was in our country illegally, he’s from El Salvador, was born in El Salvador, and oh, the media forgot to mention, he is an MS-13 gang…
Politics
AOC Asks MTG One Damning Question on Tariffs
At a rally in Nampa, Idaho, on Monday, Representative Alexandria Ocasio-Cortez had a message for her colleague, Representative Marjorie…
Politics
UOB says data centres are ‘sheltered’ from Trump tariffs, names Reits to buy
UOB Kay Hian (UOBKH) predicts continued growth in demand for data centres over the next five years – despite a challenging environment…
Politics
Marjorie Taylor Greene Bought Market Dip Before Trump Paused Tariffs, Profiting From the Rally
Representative Marjorie Taylor Greene, Republican of Georgia, disclosed on Monday that she had purchased between tens and hundreds of…
Politics
China’s sea cargo flow starts to slow after tariffs take effect
The Trump administration has upended global trade with a slew of new tariffs, prompting China to retaliate The volume of goods processed…
Business
New Zealand central banker says inflation hit from higher tariffs ‘more ambiguous’
Since the start of April, global markets have been rocked by volatility, while policymakers have been grappling with heightened recession…
Politics
China suppliers mock tariffs with Nike, Lululemon deals on TikTok
TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump…
Politics
Trump Moves to Put New Tariffs on Computer Chips and Drugs
The Trump administration took steps on Monday that appear likely to result in new tariffs on semiconductors and pharmaceutical products,…
Politics
Confusion grips Big Tech over exemptions from Trump tariffs
WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty…
Politics
Apple and other tech stocks rebound after Trump offers more tariffs guidance
Stock prices of Apple, Alphabet and other Silicon Valley tech companies rebounded on Monday after the Trump administration said…
Politics
Europe: Shares rise as Trump eases tariffs on electronics from China
European shares closed higher in broad-based gains on Monday (Apr 14), as risk sentiment swelled after US President Donald Trump granted…
Business
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what…
Politics
Trump sees early wins from tariffs, pledges to be 'flexible' on duties on cars, electronics
President Trump said Monday he will not back off his sweeping tariff plan but will be "flexible" in how he taxes imported electronics and…
Politics
Democrats dislike the 'chaos' of Trump's trade war but are OK with some tariffs
Democrats are quick to say that President Donald Trump's tariffs are horrible, awful, terrible. But Democrats are also stressing that they…
Politics
UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
Follow live updates on the Trump administration. The British government ramped up actions to help protect businesses and households from…