Politics
Trump’s Tariffs Aren’t Going to Work How He Thinks They Will
The evidence for all this is pretty thin, and it represents a strange brew of ideological tendencies. The Trump administration’s…
Tag
Tariffs
Politics
Trump Is Set to Unveil Expansive Global Tariffs
President Trump is set to unveil his most expansive tariffs to date on Wednesday afternoon, when he will detail potentially punishing…
Politics
Trump tariffs push gold even higher; fears yet fully materialised, say market watchers
Despite earlier expectations of US President Donald Trump’s reciprocal tariffs, investors were caught off guard by the scale and rationale…
Politics
Bank of Japan’s Ueda says US tariffs could have big impact on global trade
Ahead of the latest levies, Japan’s authorities have been rushing to prepare for potential impacts Bank of Japan (BOJ) governor Kazuo Ueda…
Politics
Asia: Markets edge up but uncertainty rules ahead of Trump tariffs
Asian markets edged up on Wednesday as nervous investors brace for Donald Trump’s wave of tariffs later in the day, though speculation…
News
Gold prices climb on safe-haven demand ahead of US reciprocal tariffs
Investors are also awaiting the automobile tariffs, which will take effect on Apr 3 Gold prices advanced on Wednesday (Apr 2) as anxious…
Business
Hard data shows US economy is solid, but there is fear around tariffs: Federal Reserve’s Goolsbee
CHICAGO Federal Reserve Bank President Austan Goolsbee on Tuesday said while the “hard” data show the underlying US economy is solid, the…
Politics
China ready to buy more goods from India as US tariffs loom
China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement…
Politics
GM leads first quarter US auto sales as tariffs loom
General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President…
Politics
Trump tariffs: Which countries will be hit on deadline day?
President Donald Trump's new round of tariffs—described by the White House as a "Fair and Reciprocal Plan"—is set to take effect April 2,…
Politics
Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs
Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that US President Donald Trump is due to announce on Wednesday,…
Politics
How Trump’s Tariffs Are Hitting One Chinese Factory Owner: ‘We Are Helpless’
Women in blue cloth hairnets sew the finishing touches on plush pink piggies and orange stuffed foxes, before tossing them onto giant…
Politics
Trump Says His Tariffs Will Take Effect Wednesday
President Trump has settled on a final plan for sweeping “reciprocal” tariffs, which are expected to take effect on Wednesday after he…
Politics
Liberation Day? Trump to unveil sweeping tariffs to protect U.S. industries
The president will seek revenge Wednesday with a "Liberation Day" plan that slaps tariffs on any nation that taxes U.S. goods or sets up…
Politics
Auto Sales Surged in Anticipation of Trump’s Tariffs
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before…
Politics
Trump’s ‘Liberation Day’ Tariffs Are Coming, but at a Cost to U.S. Alliances
The incoming German chancellor, more convinced than ever that the defense and trade relationship with Washington is crumbling, has made…
Business
US: Wall Street opens lower as Trump tariffs loom
US stock indexes opened lower on Tuesday (Apr 1), marking a gloomy start to the quarter, as investors braced for the impending storm of…
Politics
Dollar struggles for direction before Trump's reciprocal tariffs, awaits data
The dollar was roughly unchanged on Tuesday (Apr 1) as investors braced for reciprocal tariffs that the US President Donald Trump is due…
Politics
US dollar struggles for direction before Trump’s reciprocal tariffs, awaits data
THE greenback was roughly unchanged on Tuesday (Apr 1) as investors braced for reciprocal tariffs that US President Donald Trump is due to…
Politics
High Stakes and Lack of Details Add to Jitters About Trump Tariffs
What’s behind door No. 1? President Trump likes a big splash, and he’s not holding back for Wednesday’s introduction of reciprocal tariffs…
Politics
Trump's tariffs reshaped manufacturing in Asia. This time, the ramifications are even broader
TAIPEI, Taiwan — The first time that President Trump imposed tariffs on Chinese goods in 2018, it set off a scramble among manufacturers…
Politics
Republican says Trump tariffs will "absolutely" inflict short-term pain
Republican Senator Tim Sheehy of Montana said that the tariffs President Donald Trump promises to impose this week would "absolutely"…
Politics
Trump says TikTok sale could be tied to a reduction in tariffs on China
President Trump said the negotiations regarding the sale of the Chinese-owned app TikTok are not tied to any tariff deals with China, but…
Politics
Europe: Shares fall, record monthly losses as Trump touts sweeping tariffs
EUROPEAN shares fell to their lowest close in two months on Monday, as cautious investors fled risky bets after US President Donald Trump…