Trump, Tariffs
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The trade truce between the US and China appears fragile, as both sides trade barbs and neither fully trusts the other to uphold their end of the deal. China’s Commerce Ministry announced on Wednesday that it would take legal action against any organisation or individual assisting the US in discouraging the use of China’s advanced semiconductors.
A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth from tariffs will offset that gain.
But Home Depot Inc.’s more conservative approach to prices and tariffs might go further in placating the president, even if the end result, after factoring in the overall mix of items that could be marked up or down, might not be that much different for consumers, an analyst said.
On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since 2011 in April. The sharp drop highlights how US tariff
Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump’s sw
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Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump's tariffs until they are ready to sell the merchandise.
A crucial cog in the global semiconductor industry, Malaysia aims to build high-end chips. It will have to contend with President Trump’s trade policy first.
Germany's economy will stagnate this year as the country faces headwinds from U.S. President Donald Trump’s tariffs and trade threats, the government's panel of independent economic advisers said Wednesday.
The retailer says it has diversified where it sources products from in order to hold prices firm for the time being.
Ford is pulling back further on its EV ambitions, letting rival Nissan use part of its flagship U.S. battery plant, according to people familiar with the plan. For the Japanese carmaker, the chance to
We're just a few days away from what's usually considered a huge weekend for car sales. But with impending tariffs and low supply, should consumers wait?
Diageo, the company that owns Guinness, has warned that tariffs implemented by Donald Trump's administration could affect their profits.