Culture
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model…
Tag
tariff
Lifestyle
A tariff loophole is closing. Why that matters for Shein, Temu and other Chinese online retailers
President Trump’s tariffs could reshape one of retail’s most booming sectors: fast fashion. Hefty taxes on imports from the U.S.’ biggest…
Culture
Gold hits record high as China-US tariff war drives safe-haven demand
GOLD prices touched an all-time-high on Wednesday (Feb 5), underpinned by safe-haven demand after China responded to US tariffs, which…
Fashion
Chipmakers say Trump’s tariff threats cloud their outlooks
IN A semiconductor industry that’s been struggling with an oversupply of chips and weak demand, Infineon Technologies navigated its way…
Lifestyle
Column: Many will lie about the consequences of Trump's tariffs. The markets won't
Thank God for the stock market. The market is one of the only things Donald Trump can be expected to listen to — likely more than polls…
Culture
Gold holds steady near all-time high amid US tariff concerns
GOLD prices on Tuesday (Feb 4) hovered near a record high scaled in the prior session, as investors fretted that US President Donald…
News
After Tariff Fight With Canada and Mexico, Trump’s Next Target Is Europe
Europe, you’re next. That’s the latest message from President Trump, who has repeatedly said in recent days that he would slap punitive…
Lifestyle
Trump delays tariffs on Mexico, easing stocks, but Canada and China remain in play
WASHINGTON — Stocks largely recovered from an early tumble Monday after President Trump confirmed he would delay imposing tariffs on…
Lifestyle
Mexico reaches deal with Trump to avert tariffs for at least a month
Mexican President Claudia Sheinbaum said Monday that her country has avoided U.S. tariffs — for now — after coming to an agreement with…
Fashion
Hong Kong, Taiwan markets drop as Asia-Pacific markets fall on Trump tariff fears
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico…
Culture
Taiwan leads Asia-wide stock tumble as Trump wields tariff weapon; STI sheds 1.5% before recovering
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico…
News
Trump’s Latest Tariff Threats Could Hit Global Companies
Mexico’s pitch to companies considering the American market was simple. Worried about vulnerable supply chains? Need to reduce your…
Lifestyle
Trump's tariffs on Mexico, Canada and China spark fears of a trade war
Washington — President Trump slapped sweeping tariffs on goods from Mexico, Canada and China on Saturday, sending shock waves through the…
Fashion
JPMorgan plans US$4 billion US gold delivery amid tariff fears
JPMorgan Chase will deliver gold bullion valued at more than US$4 billion against futures contracts in New York in February, at a time…
Culture
Markets price in fewer rate cuts as Fed holds on tariff uncertainty, persistent inflation
Industry watchers expect that doubts over Trump’s policies will continue to weigh on US central bank’s movements GLOBAL markets are…
Culture
Gold hits record high as Trump tariff threats aid haven demand
GOLD rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico…
Lifestyle
Will Mexico accept military flights of deportees? President Sheinbaum deflects on sensitive issue
MEXICO CITY — Mexican President Claudia Sheinbaum hedged Tuesday on whether Mexico would accept U.S. military flights carrying deportees…
News
Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China
Before Sunday, Colombia was quietly emerging as a refuge for multinational brands seeking a stable place to make their products in a time…
Fashion
Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1% - The Business Times
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy…
News
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
Automakers ship billions of dollars’ worth of vehicles and parts across the U.S. borders with Canada and Mexico every day. President…
Lifestyle
Opinion: Biden delivered a new 'Roaring '20s.' Watch Trump try to take the credit.
Poor Donald Trump. Twice elected president only to have to clean up the economic messes left to him by Democrats. In 2016, he groused…
News
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer of Michigan, a leading Democrat from a critical battleground state, on Wednesday subtly warned against…
Lifestyle
Trump's tariffs brought China and Mexico closer. Will his second term change that?
TAIPEI, Taiwan — The last time Donald Trump was president, he imposed a slew of tariffs on China that upended global trade. He’s…
Fashion
Asian currency index falls to two-decade low on Fed, tariff bets
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s…