Culture
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again…
Tag
tariff
Culture
Trump threatens EU, smartphones as tariff rhetoric escalates
US President Donald Trump dug in on his threat to impose a 50 per cent tariff on the European Union and said a potential 25 per cent…
Culture
Europe: Stocks close week lower on Trump’s EU, Apple tariff threats
European shares closed sharply lower on Friday (May 23) after US President Donald Trump ramped up threats of tariffs on the European Union…
Culture
Oil slides nearly 2% as Trump recommends 50% EU tariff
Oil prices dropped by nearly 2 per cent on Friday (May 23) and were set for their first weekly decline in three weeks after US President…
Culture
Trump targets Samsung, Apple phones with 25% tariff threat
US President Donald Trump said that the tariffs he threatened against Apple earlier on Friday (May 23) would also be aimed at a wider…
News
Transcript: Trump’s Angry Tirade at Walmart Wrecks His Own Tariff Scam
I will say it’s not just the tariffs that are potentially going to result in high prices for Americans. There are a whole host of other…
News
Trump’s China Tariff Deal Is About to Come Back to Bite Him
The president’s tariffs on China appear to have backfired. Last week, Treasury Secretary Scott Bessent announced that U.S. tariffs on…
Culture
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
Culture
Singapore stocks end lower as investors keep eye on tariff negotiations; STI down 0.4%
Local stocks ended lower on Thursday (May 8), as investors kept their eyes on tariff deal negotiations after the US central bank…
Culture
Toyota warns of profit drop as tariff chaos threatens carmakers
Toyota Motor is bracing itself for a bumpy year, with the Japanese carmaker warning of a slump in profit as global manufacturers scramble…
News
China Is Likely to Play Hardball in U.S. Tariff Talks
By agreeing to meet with the Trump administration to discuss trade, China is seeking to cast itself as the responsible one in a bruising…
Culture
US: Wall St opens lower on fresh tariff threats
Wall Street’s main indexes opened lower on Tuesday, after US President Donald Trump’s latest plans for pharma tariffs further dampened…
News
India and UK Strike Trade Deal Amid Trump’s Tariff Upheaval
Britain and India agreed to a trade deal on Tuesday, strengthening economic ties between two of the world’s largest economies amid…
Culture
Audi keeps outlook after Q1 sales rise, but tariff impact not included
Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not…
News
Trump Says He Will Put 100% Tariff on Movies Made Outside U.S.
President Trump said he would impose a 100 percent tariff on movies “produced” outside the United States, proclaiming in a social media…
News
Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online…
News
Stock Market on Track to Erases Losses From Trump’s ‘Liberation Day’ Tariff Rollout
Stocks were on track on Friday to erase their losses from the days after President Trump’s chaotic rollout of tariffs in early April,…
News
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
U.S. employers added 177,000 jobs in April, the Labor Department reported on Friday. The unemployment rate was unchanged at 4.2 percent.…
Culture
US: Wall Street opens higher on tariff, jobs data optimism
stock indexes opened higher on Friday (May 2), as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs…
Culture
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
STANDARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
News
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China…
Culture
Asia: Stocks gain after China teases US tariff talks
Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.…
Culture
A month after Trump’s tariff madness, shockwaves still being felt around the world
If US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his…
Culture
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…