Sony lifts outlook on entertainment demand despite tariff threat
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its earnings forecast on Thursday (Aug 7) after a…
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tariff
Trump hits India with extra 25% tariff for purchasing Russian oil, doubling total U.S. levies
President Trump slapped India with increased tariffs Wednesday over the country's purchases of Russian oil, bringing the combined tariffs to 50% in a new display of punishment for Moscow's…
U.S. trade representative: Talks with China 'very positive,' Aug. 12 tariff deadline may be extended
U.S. Trade Representative Jamieson Greer said that trade negotiations with China are going well and that President Trump may extend a 90-day pause in tariffs on many Chinese goods that…
Wall Street Falls Sharply After Donald Trump's New Tariff Announcement and Weak Job Data
U.S. stock markets plummeted sharply on Friday following President Donald Trump's new tariffs on imports from Canada, India, Brazil, and Taiwan. The Dow Jones fell 542 points (1.2%) and…
Senate Republicans not eager to enact Trump's tariff rebates for Americans
Senate Republicans, save for Missouri Sen. Josh Hawley, are not rushing to implement President Trump's idea to use incoming tariff revenue to give Americans a share of the windfall coming…
Gold holds gain as markets monitor Trump’s tariff rollout
held an advance - but remained on track for a weekly loss - as the White House unveiled President Donald Trump’s tariff rates on trading partners that are set to take effect…
Singapore, Malaysia markets rise, while Taiwan stocks drop as Trump sets new tariff rates
Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.…
Singapore, Malaysia markets rise; Taiwan drops 1.6% as Trump sets new tariff rates
Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.…
Oil prices fall as Trump’s Aug 1 trade tariff deadline looms
Oil prices declined on Thursday as US President Donald Trump’s Aug 1 tariff deadline loomed over investors, with uncertainty surrounding countries yet to negotiate a trade deal with the…
Shoe Firms Producing in Mexico Get 90-Day Tariff Extension
As the clock ticks down to the 12:01 Aug. 1 deadline, shoe firms that produce in Mexico get a last-minute reprieve — but only for another 90 days. U.S. President Donald Trump had…
Trump’s Tariff Plan Suddenly at Risk One Day Before Deadline
“We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time, namely, that Mexico will continue to pay a 25% Fentanyl Tariff, 25% Tariff…
Trump’s tariff on India to do little to upset iPhone manufacturing plans
US President Donald Trump’s 25 per cent tariffs on Indian goods will do little to slow the role of the country as a key hub for manufacturing iPhones, even when it means more expensive…
Oil rises over 1% as investors weigh Trump’s Russia stance, tariff threats
Oil prices settled 1 per cent higher on Wednesday as investors focused on developments on US President Donald Trump’s tighter deadline for Russia to end the war in Ukraine and his tariff…
Trump Ends Tariff Exemption for Small Packages
US President Donald Trump just dealt another blow to the embattled ecommerce industry, which is still reeling from sweeping tariffs Trump announced in the spring. On Wednesday, Trump…
Tariff Headwinds Are Getting Real for Shoe Firms — And It’s Just the Beginning
Despite the talk about the parameters for trade deals, firms largely remain in the dark as they scramble to adjust sourcing strategies amid an evolving tariff landscape. Second-quarter…
Trump sets 25% tariff on India and penalties for trade with Russia
The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald Trump said Wednesday. India “is…
Trump ends tariff exemption for all low-value packages
President Trump on Wednesday ended tariff exemptions for low-value parcels shipped to the United States. Source link
Trump imposes a 50% tariff on Brazil as punishment for prosecution of ally Bolsonaro
President Trump implemented a 50% tariff on goods imported from Brazil on Wednesday, saying that the punishing levy is retaliation for the country's trial against former President Jair…
Flurry of huge trade deals bury Trump tariff doubters
Big trade deals with Japan and the European Union have injected momentum into President Trump's trade agenda and knocked his critics back on their heels. Source link
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and weak sales in China, prompting it to lower its…
Toyota sees record global sales despite Trump’s tariff turmoil
Toyota Motor saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from US President Donald Trump’s…
P&G estimates US$1 billion tariff hit, plans some US price hikes
Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the…
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a better-than-expected 23 per cent, the…
Gold edges down on stronger US dollar, easing tariff concerns
Gold prices edged lower in early trade on Tuesday (Jul 29), weighed down by easing concerns over a global tariff war and a stronger US dollar, while investors focussed on the US Federal…