China’s sea cargo flow starts to slow after tariffs take effect
The Trump administration has upended global trade with a slew of new tariffs, prompting China to retaliate The volume of goods processed by Chinese ports slowed last week for the first…
Tag
Tariffs
Confusion grips Big Tech over exemptions from Trump tariffs
WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty Monday, left to decipher whether a government…
Apple and other tech stocks rebound after Trump offers more tariffs guidance
Stock prices of Apple, Alphabet and other Silicon Valley tech companies rebounded on Monday after the Trump administration said electronics, including semiconductors and smartphones, were…
Asia: Stocks rise on electronics tariffs exemption, gold hits new high
Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh…
Tesla shares drop amid auto tariffs and 'brand crisis'
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by President Trump’s auto tariffs and Elon Musk’s…
'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs
SAN FRANCISCO — The iPhone is a quintessentially 21st century product — Californian in its creation and design and now enmeshed in the global economy. Apple makes most of its iPhones in…
Vietnam steel body seeks tariffs on Chinese, South Korean galvanised steel
VIETNAM’S Steel Association has asked the government to impose tariffs on galvanised steel imported from China and South Korea to protect domestic production, the government said on Friday…
HP sees weaker profit on tariffs; will cut over 1,000 jobs
HP GAVE a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China. Earnings, excluding some…
Bank of Korea signals more rate cuts as Trump’s tariffs take shape
BANK of Korea (BOK) governor Rhee Chang-yong signalled more policy easing to come this year as the central bank cut its benchmark interest rate to support an economy jolted by political…
Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years. “We are bullish on the…
Trump’s main target in metals tariffs is China, ex-trade adviser says
US PRESIDENT Donald Trump’s tariffs on aluminium and steel are motivated mostly by concerns that China is flooding the global market and harming US manufacturing, said a former trade…
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and…
Trump’s China tariffs will hit small device makers hardest
The day after the Super Bowl, ZapperBox quietly raised the price on Amazon of its over-the-air DVR. ZapperBox offers one of the best means of recording local channels from an antenna, and…
Walmart stock price falls on disappointing forecast, but the retail giant is not worried about tariffs
Walmart shares fell early trading on Thursday after it posted its fourth-quarter earnings results. Despite an increase in sales, the retail giant said it expected profit growth to slow…
Most US manufacturers forecast layoffs at Vietnam operations with Trump tariffs: survey
MOST US manufacturers surveyed by the American Chamber of Commerce (AmCham) in Vietnam said they would be likely forced to lay off workers if the Trump administration imposed tariffs on…
Texworld Visitors Up as China Tariffs Impact Sourcing
PARIS — China tariffs and their potential consequences for apparel manufacturing were among the main topics of conversation at the latest edition of Texworld and its adjacent Apparel…
Will Trump’s tariffs on aluminum and steel drive up car costs? Experts weigh in
President Donald Trump’s tariffs on steel imports this week could wreak havoc on American auto manufacturing, industry leaders say. The moves align with the Trump administration’s…
Price spikes, demand fears haunt metal markets as Trump’s 25% tariffs bite
Markets are in the dark as key details of Trump’s tariffs on steel and aluminium imports are still pending; experts fear heightened volatility REACTION in the metals markets to US…
Trump tariffs propel safe-haven gold to record highs
GOLD prices soared to a record high on Tuesday (Feb 11), as investors flocked to the safe-haven asset after US President Donald Trump imposed new 25 per cent tariffs on steel and aluminium…
Trump to announce 25% steel and aluminum tariffs
President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other…
Expect growth opportunities from more regional trade amid US tariffs: DBS
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US tariffs, said deputy chief executive and CEO…
Trump Tariffs Dominate Menswear Market at Chicago Collective
CHICAGO — Trump’s tariffs. That was the overwhelming topic of conversation at the Chicago Collective men’s show last week. The issue and its impact on apparel pricing — particularly…
Trump set to announce 25% steel and aluminium tariffs in latest trade salvo
PRESIDENT Donald Trump is expected to introduce new 25 per cent tariffs later on Monday (Feb 10) on all steel and aluminium imports into the US, on top of existing metals duties, in…
Temu and Shein Raised Prices, Removed Products as Trump’s China Tariffs Went Into Effect
Lorianna Calhoun, a Shein shopper, tells WIRED that of the roughly 170 items that were once on her Shein wish list, 40 now appear to be unavailable. She noticed they disappeared on…