Politics
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…
Tag
Tariffs
News
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…
Politics
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…
Politics
Gold touches over one-week low after US court blocks Trump’s tariffs
Gold hit a more than one-week low on Thursday (May 29), as the US dollar rallied and risk sentiment improved after a US federal court…
Politics
Singapore’s STI, Asia markets rise after US court blocks Trump’s reciprocal tariffs
Singapore stocks rose on Thursday (May 29) morning, after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation…
Politics
U.S. trade court rules against Trump's 'liberation day' tariffs
The U.S. Court of International Trade ruled Wednesday that President Trump exceeded his authority when he imposed his "liberation day"…
Business
HP plunges after cutting profit outlook on tariffs, economy
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings…
Politics
Trump dismisses question about 'chickening out' on tariffs as 'nastiest'
President Trump on Wednesday dismissed a reporter's inquiry about a derisive new Wall Street acronym to describe his trade policies,…
Politics
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…
News
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 1.1b securities worth S$958m were traded Shares on the Singapore bourse…
Politics
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…
Politics
Europe: Stocks recover after Trump delays EU tariffs in hopes of deal
EUROPEAN shares kicked off the week on a positive note on Monday, recouping the previous session’s losses, as markets heaved a sigh of…
Politics
Auto tariffs spur U.S. investments, force tough choices on prices for carmakers
President Trump's tariffs on foreign-made cars and auto parts are only weeks old, but they're sending shockwaves through the global…
Politics
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…
Politics
Asia: Stocks, euro gain after Trump delays EU tariffs
Stock markets across Asia edged higher on Monday, and the euro rallied after President Donald Trump abruptly extended by more than a month…
Politics
Interest costs fall for S-Reits in Q1, but US tariffs cloud outlook
Interest costs eased for more Singapore-listed real estate investment trusts (S-Reits) in the first quarter of FY2025, even as looming US…
News
More margin calls and stopouts in April as Trump tariffs rattle markets
Several brokerages across Singapore observed up to double the number of margin calls and stopouts on such trades in April after US…
Politics
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,…
Politics
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…
Politics
Trump threatens 25% tariffs on Apple if iPhones not US made
Apple faces escalating pressure from President Donald Trump to do what many analysts insist would be nearly impossible: move production of…
Politics
How South Korea’s next president wants to deal with Trump and his tariffs
SEOUL — The winner of South Korea’s upcoming presidential election will be faced with the task of uniting a country riven by political…
Business
Donald Trump's tariffs could collide with Bravo's "Summer House"
"Summer should be fun," but for Summer House star Kyle Cooke, this summer could bring another black swan event with the potential to upend…
Politics
US LNG loses ground in Asia as tariffs, politics stall Alaska megaproject
Asian energy buyers are rethinking their long-term bets on US liquefied natural gas (LNG) – increasingly seen as a geopolitical lever – as…
Politics
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…