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" tariffs. Source link
Tag
trade
Europe: Stocks close lower as caution lingers on US trade policy progress
EUROPE’S main stock index closed lower amid broader declines on Wednesday as investors monitored progress in trade negotiations with the United States and assessed a slate of economic data…
The trade war will cost 7 million jobs in 2025, according to a UN report. Here’s the breakdown
The International Labor Organization (ILO), an agency of the United Nations, has downgraded its global employment forecast for 2025, saying “the global economy is growing at a slower pace…
Trump Responds Angrily to Question About Wall Street’s ‘TACO Trade,’ Meaning ‘Trump Always Chickens Out’ on His Tariff Threats: ‘It’s Called Negotiation’
At a White House press briefing Wednesday, President Trump was asked about a new term circulating on Wall Street: The “TACO trade,” which stands for “Trump always chickens out” when it has…
Asia: Stocks track Wall Street rally as trade fears ease, eyes on Japan debt
Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop in bond yields, with eyes now on a key sale of…
US: Wall St opens higher after long weekend on Trump's trade reprieve
Wall Street opened higher on Tuesday (May 27) after US President Donald Trump dialled back his threat of tariffs on EU imports, defusing trade tensions between the United States…
Asia: Stocks fluctuate as traders await next moves in Trump trade war
Equities meandered on Tuesday as investors awaited the latest developments on Donald Trump’s trade war, while the yen rallied after the head of Japan’s central bank flagged more interest…
Chinese plastics buyers resist switch back to US propane despite pause in trade war
Chinese plastics factories left without US raw material when trade relations collapsed earlier this year are holding back from returning to many of those suppliers despite a pause in…
Oil steadies after Trump extends EU trade talks deadline
Oil prices steadied on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the bloc that could hit fuel…
Trump threatens to redirect $3 billion in Harvard research grants to trade schools
U.S. President Donald Trump said on Monday he is considering taking $3 billion of previously awarded grant money for scientific and engineering research away from Harvard University and…
Trump threatens to strip federal grants from Harvard, shift them to trade schools
President Trump said Monday he is considering stripping federal grants from Harvard University and reallocating them to trade schools across the country. Source link
Trump Pauses AI Trade Rule, Should Scrap It for Good
Instead of restricting American AI with bureaucracy, the president should focus on enabling rapid global deployment of American cutting-edge technology. Source link
After briefest of respites, global trade war fears return with a vengeance
THE trade war is far from over, and neither is the associated rout in the stock market. The broad S&P 500 had turned positive for the year to date, clawing back from bear-market territory…
Oil climbs after Trump extends EU trade talks deadline to July
Oil prices gained in early Asian trade on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the bloc…
US: Stocks fall on revived Trump trade war worries
Wall Street stocks fell on Friday (May 23) on renewed trade war fears as US President Donald Trump’s latest tariff threats offset improvements in the US bond market. Trump…
Tiptoeing Around Trump, Fashion Refines Trade War Rhetorical Style
Fashion is learning how to talk — and when to keep quiet — in the “Art of the Deal” age. U.S. President Donald Trump decided he wanted more from the European Union on Friday and…
Lagarde says international trade will never be the same
PEAN Central Bank President Christine Lagarde warned that international trade will be changed forever by the tensions over tariffs, even as the world’s leading economies edge…
The H Mart paradox: Why the beloved Asian grocer might be OK despite Trump’s trade war
On a recent weekend in April, data consultant Shane Kessler wasn’t at the grocery store to panic-buy eggs, but rather to scour the tall, narrow aisles of the the H Mart in Manhattan’s K…
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar 31, down…
Trump Economic Adviser Has Ridiculous Defense for Lack of Trade Deals
The settlement reverses a 2021 DOJ finding that Babbitt’s civil rights were not violated and it was reasonable for the officer who shot her to believe he was acting in self-defense or in…
Singapore stocks rise on US-UK trade deal; STI up 0.7%
Local stocks ended higher on Friday (May 9), as investors reacted positively to news of the US striking a trade deal with the UK – the first after President Donald Trump announced sweeping…
Direct impact of trade tariffs affects about 3% of OCBC’s loan book; portfolio remains ‘resilient’
Current trade tariffs are expected to have a “first-order impact” on 3 per cent of OCBC’s loan book, group chief financial officer Goh Chin Yee said at the bank’s first-quarter earnings…
Gold firms on dip buying; US-China trade talks in focus
Gold prices firmed on Friday (May 9), as investors bought bullion following a decline in the previous session, while markets looked ahead to US-China trade talks due this weekend.…
US: Stocks rise after Trump announces UK trade deal
stocks finished firmly in the green on Thursday (May 8) after US President Donald Trump unveiled a “breakthrough” trade agreement with the United Kingdom. The deal reduces…