Politics
Gold climbs on safe-haven demand as Trump hikes China tariffs
Gold prices rose on Thursday (Apr 10) as investors turned to the safe-haven asset after US President Donald Trump escalated tariffs on…
Tag
Tariffs
Politics
Singapore’s STI up around 5% as Trump takes a pause on tariffs
Singapore stocks soared in a relief rally after US President Donald Trump announced on Wednesday (Apr 9) a 90-day pause to his steep…
Politics
Volkswagen says first-quarter profits impacted by Trump tariffs
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had…
Politics
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and…
Politics
Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
Oil prices climbed more than 4 per cent on Wednesday, bouncing back from four-year lows earlier in the session, after US President Donald…
Politics
Nike’s 30-year gamble on Vietnam is rattled by Trump tariffs
At Nike headquarters in Beaverton, Oregon, executives are trying to figure out how to best spread the pain of new tariffs. Nike, the…
Politics
Amazon cancels some inventory orders from China after tariffs
Amazon.com has cancelled orders for multiple products made in China and other Asian countries, according to a document reviewed by…
Politics
Contributor: Right-wing commentators scrambled to spin Trump's disastrous tariffs
In the wake of reciprocal tariffs landing with all the finesse of a cannonball dive into a hot tub, President Trump has decided to pause…
Politics
Republicans react to Donald Trump's 90-Day pause on reciprocal tariffs
Republicans are responding to President Donald Trump's sudden decision to pause most reciprocal tariffs just hours after they took effect…
Politics
Top Democrats previously backed reciprocal tariffs and demanded punishing tariffs on China
Democrats haven't always been the anti-tariff party, with some of the party's leaders previously calling for reciprocal tariffs --…
Politics
Trump pauses most global tariffs for 90 days, but escalates trade war with China
WASHINGTON — President Trump partially backed down Wednesday on his plan to hike tariffs on countries around the world, with the exception…
News
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than erasing earlier losses after President Trump said he…
Politics
Companies See China as a Safe Harbor Amid Trump’s Tariffs
Even as President Trump heaped additional tariffs on China, his barrage of trade levies on countries across Asia and unpredictability…
Politics
Trump pauses reciprocal tariffs on many nations for 90 days, increases tariff on China
President Trump on Wednesday said he's pausing his reciprocal tariffs on nations that didn't retaliate against the U.S. for 90 days, a…
Politics
European firms eye alternatives to US amid Trump tariff pain
European companies are looking beyond the United States for trade opportunities as President Donald Trump's aggressive new tariff regime…
Business
US: Wall Street mixed at open as China raises tariffs on US goods
Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against…
Politics
For small Lesotho, there are few options for responding to large tariffs.
In Lesotho, the small southern African nation that is among the countries hardest hit by President Trump’s new tariffs, business owners…
Politics
China Hits Back Again at Trump, Bringing New Tariffs on U.S. Goods to 84%
Beijing on Wednesday aimed the latest blow in the escalating trade war between the United States and Washington, with plans to raise new…
Politics
E.U. Officials Set to Vote Today on First Retaliatory Tariffs
The European Union plans to vote on Wednesday afternoon on its first retaliation measures in response to President Trump’s tariffs, moving…
Politics
Donald Trump's reciprocal tariffs begin: What to know
By Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh…
Business
Japan's Nikkei down nearly 4% on slowdown fears as US tariffs kick in
Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns…
Politics
India’s Drug Makers Shudder as Trump Again Threatens Tariffs
An important segment of India’s business community woke up Wednesday to a fright: President Trump had again brandished the threat of…
Business
RBI cuts rates, changes stance to 'accommodative' as US tariffs add to growth risks
The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday (Apr 9) for a second consecutive time and changed its monetary…
Politics
Trump tariffs: US office, China-exposed S-Reits among top losers in continued sell-off
Almost all Singapore-listed real estate investment trusts, or S-Reits, ended in the red on Wednesday (Apr 9), with US office and…