Politics
Oil dives more than 6%, steepest fall in 3 years on tariffs, Opec+ supply boost
Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after Opec+ agreed to a surprise increase in…
Tag
Tariffs
Politics
Trump Imposes Tariffs on Remote Islands
President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing.…
Politics
Trump tariffs to hit autos, iPhones, food and more
Americans burned out on inflation will soon pay more for scores of household goods, including new cars, coffee, chocolate and iPhones…
Politics
Republicans Are in Denial About Trump’s Catastrophic Tariffs
“Well, we’re importing from Turkey, we’re importing from South Korea, to a few other countries right now,” Rollins responded. “But again,…
Politics
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Prime Minister Mark Carney said that Canada had introduced a 25 percent tariff on cars and trucks made in the United States in retaliation…
Politics
Kaine planning vote to remove Trump authority to impose tariffs after rebuke of Canada moves
Sen. Tim Kaine, Virginia Democrat, is planning to force a Senate vote to undo President Trump's across-the-board tariffs after getting…
Politics
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
President Trump upended the international trading system on Wednesday with a blunt package of global tariffs, making the case that the…
Politics
What Donald Trump's bombshell tariffs mean for your pension
President Donald Trump has levied wide-ranging tariffs on nearly every trading nation in the world. But how could this affect your…
Politics
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity…
Politics
Americans Will Pay the Price for Reckless Tariffs
As a share of the economy, President Trump’s executive order is likely the largest peacetime tax increase in U.S. history. Source link
Politics
Tariffs a Harsh New Demonstration of the Folly of Economic Planners
Trump has engineered something like a sanctions regime targeting Americans. Source link
Business
US: Wall Street opens sharply lower as Trump tariffs trigger recession fears
Wall Street’s major indexes plunged on Thursday (Apr 3), as President Donald Trump’s sweeping tariffs on major trade partners ignited…
Business
Euro jumps over 2% against dollar after hefty US tariffs
The euro rallied more than 2 per cent against the dollar on Thursday (Apr 3) and was set for its best day in more than nine years as…
Politics
Russia’s Escape From Trump’s Tariffs Raises Questions
When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia. Treasury Secretary Scott…
Politics
Mercedes weighs moving some car production to US over tariffs
Mercedes Benz Group is considering shifting the production of another vehicle model to the US in response to Donald Trump’s 25 per cent…
Business
Tariffs disrupt Bitcoin mining supply chain rooted in Asia
Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs…
Politics
A Stunned World Reckons With Economic Fallout From Trump’s Tariffs
Laptop computers from Taiwan, wine from Italy, frozen shrimp from India, Nike sneakers from Vietnam and Irish butter. These products are…
Politics
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
Germany had hoped that a new government would revive its stagnant economy, but President Trump’s sweeping new tariffs are stoking worries…
Business
Tariffs rip through South-east Asia stocks, sink Vietnam’s market
South-east Asian stocks and currencies fell after Asian emerging nations were given some of the biggest tariff increases by US President…
Business
Singapore bourse spared in regional rout sparked by US tariffs; STI down just 0.3%
Compared to their regional peers, Singapore shares ended Thursday (Apr 3) almost unscathed by the tsunami of tariffs the United States…
Politics
Even in Trump country, some worry about how tariffs will hit their pocketbooks
In Huntington Beach — where a small, white bust of President Trump occupies the City Council chambers and “Make America Great Again”…
Politics
Trump Tariffs Live Updates: Global Powers Warn of Trade War Over New Tariffs
April 3, 2025, 4:05 a.m. ET An electronic board showing Nikkei share average in Tokyo, Japan on Thursday.Credit...Kim Kyung-Hoon/Reuters…
News
European stocks slide at open after Trump tariffs
[Brussels] European stock markets slumped at the start of trading on Thursday (Apr 3) after US President Donald Trump’s latest tariffs…
Politics
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
After being smacked with double-digit percentage tariffs by a key ally, Japan finds itself with few retaliatory options. Since President…