Culture
Europe: Shares ease as trade uncertainty lingers after court blocks Trump’s tariffs
EUROPEAN shares eased on Thursday as initial relief that a US trade court had blocked some of President Donald Trump’s tariffs fizzled…
Tag
Tariffs
News
A Trade Court Stopped Trump’s Tariffs. Why Didn’t Congress?
The economic situation in 1933 was unquestionably an emergency. But in the early 1970s, Congress discovered that no president had ever…
Culture
US: Wall St opens higher after court blocks most Trump tariffs
Wall Street’s main indexes opened higher on Thursday (May 29) after a federal court ruled against most of US President Donald Trump’s…
Culture
Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%
Singapore stocks ended higher on Thursday (May 29), after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation…
News
Trump Adviser Flails When Asked About Effect of Tariffs on iPhones
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Culture
Singapore shares rise as US delays tariffs on European Union; STI up 0.5%
Across the broader market, gainers beat losers 249 to 180, after 1.1 billion securities worth S$958 million are traded Shares on the…
Culture
Swiss watch exports jump in April ahead of threatened US tariffs
Asian markets displayed further weakness, with exports to Singapore falling 9%, China off 30% and Hong Kong down 23% Swiss watch exports…
Culture
Euro trades at one-month high after Trump delays EU tariffs
[TOKYO/LONDON] The euro hit a one-month high against the greenback on Monday (May 26), after US President Donald Trump backed down from…
Culture
US: Wall St falls at open after Trump threatens EU, Apple with fresh tariffs
Wall Street dropped at the open on Friday (May 23) after US President Donald Trump recommended 50 per cent tariffs on the European Union,…
News
Trump Drops Another Tariffs Bombshell to Begin in a Matter of Days
“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult…
Business
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
(Bloomberg) -- China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the…
News
MAGA Is Now Threatening 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…
Culture
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…
News
U.S.-U.K. Trade Deal Builds on Close Ties but Leaves 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…
News
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…
News
CEOs at Milken Conference Fear Tariffs and Hope for Trade Deals
The mood at Milken As dealmakers descended on the Beverly Hilton hotel in Los Angeles this week for the annual Milken Institute Global…
News
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…
News
Are U.S. Tariffs Affecting Your Business? We Want to Hear From You.
President Trump’s trade war has created chaos for companies around the world, snarling supply chains, sowing uncertainty and muddling…
Culture
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…
Culture
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…
News
Chinese Imports to US Hit 20-Year Low as Tariffs Sink In
The share of U.S. imports from China in the first quarter of the year fell to its lowest point in over 20 years, as the high tariffs…
News
Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Less than a week ago, President Trump suggested that children may have to make do with fewer toys this year. “Well, maybe the children…
News
Tariffs Could Wreck What Bangladesh’s Garment Workers Have Gained
It was always going to be a hard year for Bangladesh. Last summer, amid an economic collapse, protesters toppled a tyrant and pushed the…
News
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes,…