Politics
US: Wall St sell-off sparked by Trump tariffs, Amazon results, weak payrolls
Wall Street’s main indexes declined sharply on Friday (Aug 1) as new US tariffs on dozens of trading partners and Amazon’s unimpressive…
Tag
Tariffs
Business
BOJ warns US tariffs could hit firms' profits, delay capex plans
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the…
Politics
Britain says EU is removing tariffs on steel under quota
Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of a reset of ties and…
Politics
Mexican President Gets Trump to Cave Yet Again on Tariffs Deadline
Lawyers alleged that the department’s new rule violated Section 527 of the 2024 DHS appropriations bill, as incorporated by the fiscal…
Politics
New Trump tariffs on Mexico delayed 90 days as trade talks continue
MEXICO CITY — The presidents of Mexico and the United States said Thursday that punishing new tariffs on Mexican exports would be put off…
Business
BMW profits slump on China woes, US tariffs
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling…
Politics
Trump’s Tariffs Give CEOs New Ways to Swindle Americans
America’s business class is openly admitting to using the president’s tariffs as “great cover” for its rising prices. A report published…
Politics
Canada's opinion of America hits historic low
Canadian's opinions of America have reached a historic low, new polling has found. According to a survey by Pew Research Center, only 34…
Politics
Trump Reveals Striking 'Very Powerful Deal' With EU, With Europeans Agreeing to Buy $750 Billion Worth of US Energy and Pay 15% Tariffs
President Trump announced a sweeping new preliminary trade deal with the European Union, under which the 27-nation bloc has committed to…
Business
Kia aims to win US market share as tariffs force rivals to pull back
South Korea’s Kia Corp said on Friday (Jul 25) that it aims to increase its US sales and market share in the second half, driven by sales…
Politics
Trump and Philippine leader plan to talk tariffs and China at the White House
President Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking…
Politics
Singapore dollar faces pressure from US tariffs, policy shift
The Singapore dollar is under renewed pressure as US trade challenges are primed to worsen and as speculation of exchange-rate policy…
Politics
Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this year [Stuttgart] Porsche warned its employees to brace for…
Business
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the…
Politics
White House economic adviser says EU, Mexico tariffs driven by desire for 'better' trade deals
The top White House economic adviser said Sunday that President Trump is threatening to slap tariffs on some of the nation's biggest…
Business
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…
Business
Europe: Stocks down with bank and healthcare drag, US-EU tariffs in focus
European shares closed lower on Friday (Jul 11), as losses in banks and healthcare stocks weighed at the end of a week marred by US…
News
PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency…
Politics
Pimco sees Japan wooing capital as tariffs spur diversification
Japan has emerged as a prime destination for global investors as the trade war triggers a reassessment of capital flows into the US,…
Politics
Gold steady after Trump unveils steeper tariffs, Treasury yields weigh
Gold prices steadied on Tuesday (Jul 8) as US President Donald Trump announced sharply higher tariffs on goods from Japan, South Korea and…
Politics
Stock Market Plummets as Trump Announces Tariffs Start Date
Fox News pushed back Monday on the Department of Justice’s claim that Jeffrey Epstein did not keep a list of clients, citing the head of…
Politics
Donald Trump threatens Russia tariffs as relationship with Putin worsens
By Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by…
Business
Brandy Tariffs Just Hit--But These Luxury Giants Found a Secret Way Around Them
China just dropped a trade bomb on European brandyand investors are already repositioning. Starting July 5, the country will impose…
Politics
Video: How Tariffs Are Affecting Wedding Dress Prices
Jordyn Holman, a New York Times business reporter, is planning a wedding. To find out how tariffs are affecting the bridal industry, she…