Politics
Fed officials expect tariffs to boost prices; White House downplays risk
Federal Reserve officials said on Tuesday (May 20) that higher prices are coming on the back of rising US import tariffs and counselled…
Tag
Tariffs
Politics
‘Green’ Tariffs and the Persistence of ESG
The week of May 12, 2025: Sustainability & tariffs, transit, labor, the budget, and much, much more. Source link
Politics
MAGA Senator Threatens Walmart for Responding to Trump’s Tariffs
Walmart may be wading through dangerous waters with Donald Trump’s administration after announcing that the president’s tariffs would…
Politics
Trump’s Tariffs Are About Rent Extraction, Not Rent-Seeking
If Trump did not impose these tariffs to support rent-seeking firms, then why did he do it? Source link
Politics
Trump’s auto tariffs reignite concerns about GM's future in South Korea
SEOUL — In South Korea, the Trump administration’s 25% tariff on imported cars has sent local automakers Hyundai and Kia scrambling to…
Politics
California to ask federal judge for sweeping pause to Trump’s tariffs
WASHINGTON — The California attorney general’s office said Tuesday that it will seek a preliminary injunction in its case challenging…
Politics
U.S. farm economy is starting to see first hits from Trump tariffs
President Trump’s tariffs are upending crop trading, delaying tractor purchases and constraining imports of chemical supplies into the…
Politics
Germany’s DAX Index hits record high after tariffs round trip
Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President…
Politics
Indonesia eyes cut in fuel imports from Singapore as part of tariffs negotiations
Indonesia could shift as much as 60% of its total fuel imports from Singapore to the United States in the early stages Indonesia plans to…
Business
Direct impact of trade tariffs affects about 3% of OCBC’s loan book; portfolio remains ‘resilient’
Current trade tariffs are expected to have a “first-order impact” on 3 per cent of OCBC’s loan book, group chief financial officer Goh…
News
From Apple to GM, tariffs to cost companies tens of billions
From Apple to General Motors (GM), corporate America is bracing for tens of billions of US dollars in damages from Trump’s trade war – and…
Politics
U.S.-U.K. Trade Deal to Build on Close Ties but Leave Some Tariffs in Place
President Trump announced on Thursday that the United States intended to sign a trade deal with Britain that would bring the two nations…
Politics
Trump touts "comprehensive" new trade deal with UK: Live Updates
By Amanda M. Castro is a Newsweek Live Blog Editor based in New York. Her focus is reporting on U.S. politics, breaking news, consumer…
Business
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen…
Business
Toyota sees US$1.3 billion profit hit in two months on tariffs
Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two…
Business
Toyota sees 180 billion yen profit hit in two months from tariffs
Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Politics
Trump’s Threat of ‘Foreign’ Film Tariffs Stirs Anxiety in the U.K.
President Trump’s desire to “make Hollywood great again” by wielding his preferred economic weapon — tariffs — has sent a shiver through…
Business
Fed maintains interest rates but warns of 'uncertainty' amid tariff turmoil
By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily…
Politics
EU considers tariffs on Boeing jets
The European Union intends to propose tariffs on Boeing jets, as it prepares to retaliate further if trade talks with Washington fail, the…
Politics
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would…
Politics
Trump’s Threatened Tariffs Are So Large, 10% Feels Like a Relief
There has been a mantra spreading among weary corporate executives who are becoming resigned to President Trump’s tariffs while still…
News
BMW sticks to 2025 outlook, but warns US tariffs will bite this quarter
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecasts German premium carmaker BMW on…
Business
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief…