Politics
U.S. and China to Hold First Trade Talks Since Trump’s Tariffs
Top officials from the Trump administration will meet with their Chinese counterparts in Switzerland this week, the first formal meeting…
Tag
Tariffs
Politics
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…
Politics
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…
Politics
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…
Politics
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and…
Politics
Hollywood's reaction to Trump's movie tariffs idea: Confusion, dread and a little hope
Hollywood executives scrambled Monday to interpret President Trump’s call for stiff tariffs on movies produced outside the U.S. — a…
Politics
The 1600: Bringing Alcatraz back
Opinion |Tap here to get this newsletter delivered to your inbox. Imagine, for a moment, that Barack Obama was still the president. Now…
Politics
US: Wall St opens lower after Trump's fresh tariffs
Wall Street’s main indexes opened lower on Monday (May 5) after President Donald Trump rekindled worries about the ramifications of a…
Politics
There’s No Way to Replace the Income Tax with Tariffs
Even if it could raise enough revenue (which it can’t), it would undercut Trump’s other tariff goals. Source link
Business
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted…
Politics
China’s Garment Factories Face a Tipping Point After New Tariffs
Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt…
Politics
Trump announces 100% tariffs on movies made overseas
Looking to boost the production of Hollywood movies in the U.S., President Trump on Sunday announced a new 100% tariff applied on films…
Politics
US Fed expected to pause cuts again and wait for clarity on tariffs
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how US President Donald…
Politics
Nike, Adidas call on Trump to exempt footwear from tariffs
A trade association representing footwear producers has asked the Trump administration to consider tariff exemptions for its products,…
Politics
They Help Companies Set Prices. Tariffs Are Making It Trickier.
We import a few raw materials for our manufactured products such as yttrium oxide, which is derived from a rare earth metal. We also…
Politics
'The truckers are scrambling': Trump's tariffs hit drivers, L.A. port workers hard
Amid a wave of unprecedented tariffs, anxiety is running high for truck drivers like Helen, who makes her living delivering cargo…
Politics
Car Prices Expected to Rise as Tariffs on Parts Kick In
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles…
Politics
Companies Are Raising Prices as Tariffs Hit
More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like…
News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
Politics
Shorter-duration bonds shine in Asia as Trump’s tariffs roil markets
US President Donald Trump’s tariffs shook markets across asset classes, sending investors searching for shelter. Some landed on cash, some…
Politics
Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs: research firm
CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made…
News
US tariffs provide opportunities for Greenlink Digital Bank: chairman
The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB). GLDB…
Politics
Automakers could still face up to US$12,000 impact per car from tariffs
A Michigan-based economic consulting group said on Thursday that automakers will still face a US$2,000 to US$12,000 tariff impact per…
Politics
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said the Trump administration’s tariffs would…