Politics
Why Trump's war with China is much bigger than trade
"If the United States will not fight the world's largest tyranny politically, then inevitably, it will have to fight it economically, and…
Tag
Tariffs
Politics
Top US pension funds suffer US$169 billion blow from tariffs shock
The total losses for the whole US public retirement system will likely be “significantly higher” The top 25 state and local US pension…
Politics
China Raises Tariffs on U.S. Imports to 125%
China responded to President Trump’s tariffs on Friday, raising its own tariffs on American goods to 125 percent, from 84 percent. The…
Business
Novartis pledges US$23 billion US investment as tariffs loom
Trump has repeatedly said he intends to impose tariffs on pharmaceuticals, citing the industry’s reliance on manufacturing sites around…
Business
China tech faces worry beyond tariffs after US$350 billion wipeout
Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that…
Politics
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
The head of the United Automobile Workers union voiced partial support on Thursday for the Trump administration’s tariffs, saying targeted…
Politics
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
Among those opposed to President Trump’s tariffs on imports from China: a legal group funded by some of the biggest names in conservative…
Politics
Customs revenue ticks up as the Trump tariffs start playing out in the federal budget
Uncle Sam collected an extra $1 billion in customs duties last month, according to new Treasury Department data that shows President Trump…
Politics
Trump Finally Confirms True Extent of China Tariffs
Donald Trump’s tariff reversal Wednesday reduced duties against most countries’ imports to 10 percent—except China, which was instead…
Politics
Trump Can’t Stave Off Recession Even After Chickening Out on Tariffs
Donald Trump may have reversed course on tariffs, but that doesn’t mean the economy has reversed course away from a recession. Some of the…
Politics
Trump Humiliated With Montage of Headlines About Caving on Tariffs
“DHS will enforce all relevant immigration laws to the maximum degree, to protect the homeland from extremists and terrorist aliens,…
Fashion
Prada agrees to buy Versace for US$1.38 billion despite tariffs
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership Prada agreed to buy Versace for US$1.38…
Politics
Congress Must Assert Itself on Tariffs
My bill would require Congress to approve any presidential proposal to impose tariffs before they are put into effect. Source link
Politics
Tariffs Are Here to Stay
Even with the latest tariff ‘pause,’ Trump still holds the cards in this game. Source link
Politics
Apple airlifts 600 tonnes of iPhones from India ‘to beat’ Trump tariffs: sources
Tech giant Apple chartered cargo flights to ferry 600 tonnes of iPhones, or as many as 1.5 million, to the US from India, after it stepped…
Politics
How Will Trump’s China Tariffs Affect Prices? Here’s What Could Get More Expensive.
The tariff whiplash continued on Wednesday, with President Trump pausing “reciprocal” tariffs on most countries for 90 days while imposing…
Politics
EU chief welcomes Trump tariffs pause, but still looking to trade elsewhere
By Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and…
Business
TSMC sales beat estimates as AI demand soars ahead of US tariffs
Major tech companies, including Alphabet and Meta Platforms, have not revised plans to invest tens of billions of US dollars in artificial…
Politics
Samsung under pressure as US tariffs rattle South Korean economy
Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US…
Politics
JPMorgan maintains 60% recession call despite Trump 90-day tariff pause
JPMorgan Chase maintained its forecast of a 60 percent chance of a recession despite President Donald Trump's announcement of a 90-day…
Business
Asia: Stocks crack higher as Trump delays painful tariffs
Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on…
Politics
Inside Factories in China, a Struggle to Survive Trump’s Tariffs
As President Trump ratcheted up new tariffs on goods from China to 125 percent this week, the mood in the dusty streets and small…
Business
Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Chinese companies that sell products on Amazon are preparing to hike prices for the US or quit that market due to the “unprecedented blow”…
Politics
Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to…