Trump tariffs to decimate China profits: Bloomberg Economics
Most of China’s industries can’t survive US President Donald Trump’s tariffs at current levels, according to a new analysis by Bloomberg Economics (BE). Tariffs now set at roughly 40 per…
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Tariffs
Trump tariffs to decimate China profits: analysis
Most of China’s industries cannot survive US President Donald Trump’s tariffs at current levels, according to a new analysis by Bloomberg Economics (BE). Tariffs now set at roughly 40 per…
How Trump’s China tariffs are threatening your glitter nail polish
The ink was barely dry on President Donald Trump’s April tariff missive, when owners of independent nail polish brands sounded the alarm that the changes could chip away at their…
EY Report Says Italy’s GDP Could Fall 1.4 Percent If U.S. Tariffs Hit 30 Percent
MILAN – There are still a lot of ifs, but failure to negotiate U.S. President Donald Trump‘s 30 percent tariffs on European goods by the Aug. 1 deadline could reverse Italian economic…
Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this year [Stuttgart] Porsche warned its employees to brace for further cost reductions as the luxury-car…
Japan’s SMEs ready to adapt to Trump tariffs
Small and medium-sized (SME) firms such as Mitsuwa Electric that form the backbone of Japan’s economy have weathered many storms over the decades, and company president Yuji Miyazaki is…
Why Tariffs (Probably) Won’t Cause Inflation (But Still Raise Prices)
Not all bad economic policy is inflationary, and not causing inflation doesn’t make economic policy good. Source link
Tariffs Are Weighing Heavily on the Industry, But Shoe Price Increases Have Been Minimal — So Far
Price increases are on the way. Expectations concerning higher costs form the tariff impact on many consumer discretionary items including apparel and shoes haven’t yet gained substantial…
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarter Volvo Car posted a US$1.03 billion operating loss in the second quarter, hit by a previously…
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the effect of tariffs on inflation. This is…
Trump Trade Deal Revealed: Indonesia Shoe Imports to US Will Face 19 Percent Tariff Rate
U.S. President Donald Trump‘s increase in trade pressures has resulted in a new deal with Indonesia, the first since he sent out the flurry of tariff letters last week. Trump revealed the…
It’s Official: Trump’s Tariffs Are Driving Up Inflation
The Supreme Court has cleared the way for Trump to destroy the Department of Education. Until Monday, a lower court’s injunction had barred the administration from firing about half of the…
Why Trump’s tariffs won’t ruin your Korean beauty routine
President Trump sent a letter to South Korea last week threatening to levy a tariff of 25% on Korean products imported to the United States starting on August 1 unless the two countries…
Volvo takes US$1.2 billion charge over tariffs and EV model delays
Volvo is also struggling to attract EV buyers in the highly competitive Chinese market Volvo Car is taking a one-time non-cash impairment charge of 11.4 billion Swedish kronor…
Volvo takes 11.4 billion Swedish kronor charge over tariffs and EV model delays
Carmaker is also struggling to attract EV buyers in the highly competitive Chinese market Volvo Car is taking a one-time non-cash impairment charge of 11.4 billion Swedish kronor…
Despite tariffs, it’s still America first for Asia’s legacy automakers
[SEOUL/TOKYO] Toyota and Hyundai Motor may have a beef with US protectionism, but they have one thing in common with US President Donald Trump: when it comes to global car markets, it’s…
Mexico, EU Tariff Threats Follow Double-digit Trend: How Shoe Firms Are Responding
Where will the tariff sweep settle? No one knows yet what the way forward will be, but a likely double-digit percent tariff for all countries seems to be where rates are headed. Based on…
EU trade ministers call Trump’s 30% tariffs ‘absolutely unacceptable’
EU trade ministers agreed Monday that U.S. President Donald Trump‘s announcement of 30% tariffs on the European Union was “absolutely unacceptable,” and they are studying a new set of…
Trump warns Russia of 'secondary' tariffs unless Putin makes ceasefire deal with Ukraine in 50 days
President Trump said Monday he will impose 100% "secondary" tariffs against Russia if Moscow doesn't reach a ceasefire deal with Ukraine within 50 days. Source link
Trump threatens Russia with tariffs if war on Ukraine isn't resolved within 50 days
President Trump said Monday he would punish Russia with tariffs if there isn't a deal to end the war in Ukraine within 50 days, the latest example of his growing frustration with Russian…
US tariffs put spotlight on industrial S-Reits’ upcoming H1 earnings
Market watchers remain cautious on the performance of industrial Singapore-listed real estate investment trusts, or S-Reits, ahead of the sector’s upcoming financial results – given…
US markets grapple with tariffs as bullish trends emerge
US equity markets showed a mixed mid-day performance on Thursday (Jul 10) as investors weighed President Donald Trump’s new tariff policies. The Nasdaq declined, led by weakness in…
White House economic adviser says EU, Mexico tariffs driven by desire for 'better' trade deals
The top White House economic adviser said Sunday that President Trump is threatening to slap tariffs on some of the nation's biggest allies because he is not happy with the direction of…
From tariffs to universities, Trump's negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. Source link