The Silver Lining for Trump in His Trade Policy Setbacks
Failing to achieve his desired tariff levels could inspire him to build a trade system that serves America and the free world — at China’s expense. Source link
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trade
U.S. and China will discuss trade and TikTok in Madrid
U.S. Treasury Secretary Scott Bessent will travel to Madrid this weekend for negotiations with his Chinese counterparts over tariffs and national security issues related to the ownership…
As Smaller Home Players Struggle Amid Tariffs, a New Wave of Consolidation Brews
MILAN — Smaller furnishings, decor and lighting companies that persevered through the financial crisis of 2008 and the post-COVID-19 pandemic downturn may not be able to go it alone now…
Yangzijiang Financial closes 7.4% higher amid heavy trading, hits record in intra-day trade
The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation Shares of Yangzijiang Financial hit an all-time…
Gold prices trade above US$3,600 on Fed rate-cut bets
Investors are now awaiting US producer price data on Wednesday and consumer prices on Thursday for further clues on the Fed’s policy path Gold prices hovered near a record high on Tuesday…
Singapore committed to helping firms navigate energy trade, technology and transition: Low Yen Ling
As the global energy sector faces both trading uncertainty amid geopolitical tensions and transformation in a low-carbon future, Singapore remains committed to supporting firms navigating…
Fired Federal Trade Commission member asks Supreme Court to keep her on the job
The Federal Trade Commission member fighting to keep her post over President Trump's firing has asked the Supreme Court not to undo a lower court's order allowing her to stay on the job.…
Trump’s Trade Deal With Japan Has One Awfully Unusual Requirement
Joining them, former Representative Joe Kennedy III of Massachusetts, the health secretary’s nephew, took to X Friday, calling his uncle “a threat to the health and wellbeing of every…
Lululemon’s woes mount on weak demand, Trump trade policies
[Vancouver] Lululemon Athletica’s rough year continued as the once fast-growing apparel chain slashed its outlook on weakening demand and the Trump administration’s tougher trade policies.…
Trump says Russia, India are 'lost' to China amid summit, trade wars
President Trump said India and Russia appear to be "lost" to China after their leaders met with Chinese President Xi Jinping, underscoring his frustration with Moscow and New Delhi as…
The Unexpected Winners of Trump’s Trade War
But Shein and Temu didn’t stop marketing altogether. Instead, both companies chose to shift their ad budgets abroad to regions where the geopolitical risks were perceived to be lower and…
Chinese e-commerce giants rush to Europe as Trump upends trade
Some of China’s biggest e-commerce and logistics companies, such as JD.com, are making a beeline to Europe’s warehouses once again, as US President Donald Trump’s tariffs reshape…
What to Watch: The Trade Policy Tango
While predicting trade policy has long been the job of economists, lawyers and foreign policy experts who can lean on their love of process and rules, it’s lately become the province of…
US: Stocks retreat as trade uncertainty drags on
Wall Street stocks retreated on Tuesday after a US court ruling threw fresh uncertainty over President Donald Trump’s trade policy. Trump vowed to immediately seek a Supreme Court…
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the rupiah to a stronger level and will try…
Trump lashes out over 'one-sided' trade with India as Narendra Modi embraces Putin, Xi
President Trump complained Monday about the "one-sided" U.S.-India trade relationship, as Prime Minister Narendra Modi embraced Russian President Vladimir Putin at a regional summit in…
MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9
Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering (IPO), as it issues 30 million placement shares at…
No De Minimis Jolt Yet on Footwear, But Shein and Temu Could See Profound Impacts
has yet to see the full impact from the removal of the de minimis trade exception. That’s expected to change, particularly when combined with the implementation of higher tariffs. Katie…
The Trade Desk’s Matthew Henick Talks Ventura, the OS Looking to Change the Smart TV Game
TV buyers will soon have yet another option when weighing what smart TV to purchase. Digital advertising giant The Trade Desk has been developing a new operating system, known as Ventura,…
The Conservative Case Against Protectionism and Interventionism Is the Same
Humility in the face of complexity; preservation over reinvention. Source link
Trump ends small-package trade loophole worldwide, foreign global shippers scramble
The White House said Thursday it is following through on its threat to end the "de minimis" loophole that allowed global shippers to send low-value goods straight to U.S. consumers. Source…
What Jamieson Greer Gets Wrong About Trump’s New Trade System
The U.S. trade representative’s New York Times article defending Trump’s trade policy makes several grievous errors. Source link
Apple claims ex-employee, China’s Oppo stole trade secrets
Apple accused smartphone maker Oppo in a lawsuit of poaching a highly paid member of the Apple Watch team and encouraging him to steal trade secrets for his new job with the Chinese firm.…
ECB officials sticking to steady-rates plan after trade deal
European Central Bank (ECB) officials are increasingly convinced they can keep interest rates unchanged in September, according to sources familiar with the matter who do not see the trade…