Lifestyle
Tariffs Are Weighing Heavily on the Industry, But Shoe Price Increases Have Been Minimal — So Far
Price increases are on the way. Expectations concerning higher costs form the tariff impact on many consumer discretionary items including…
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Tariffs
Culture
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarter Volvo Car posted a US$1.03 billion operating loss in…
News
Tariffs Give Parents Back-to-School Shoe Anxiety
Eighty percent of consumers expect to pay more for children’s shoes this fall due to tariff-driven price increases. According to data…
Business
Fed’s Logan says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday she expects it will take until the fall to understand the effect of tariffs…
Business
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the…
News
Trump Trade Deal Revealed: Indonesia Shoe Imports to US Will Face 19 Percent Tariff Rate
U.S. President Donald Trump‘s increase in trade pressures has resulted in a new deal with Indonesia, the first since he sent out the…
News
It’s Official: Trump’s Tariffs Are Driving Up Inflation
The Supreme Court has cleared the way for Trump to destroy the Department of Education. Until Monday, a lower court’s injunction had…
Culture
Volvo takes 11.4 billion Swedish kronor charge over tariffs and EV model delays
Carmaker is also struggling to attract EV buyers in the highly competitive Chinese market Volvo Car is taking a one-time non-cash…
News
Despite tariffs, it’s still America first for Asia’s legacy automakers
[SEOUL/TOKYO] Toyota and Hyundai Motor may have a beef with US protectionism, but they have one thing in common with US President Donald…
News
Trump threatens Russia with tariffs while unveiling new Ukraine weapons plan
US President Donald Trump has announced the US will send "top-of-the-line weapons" to Ukraine via Nato countries, while also threatening…
News
Mexico, EU Tariff Threats Follow Double-digit Trend: How Shoe Firms Are Responding
Where will the tariff sweep settle? No one knows yet what the way forward will be, but a likely double-digit percent tariff for all…
News
EU trade ministers call Trump’s 30% tariffs ‘absolutely unacceptable’
EU trade ministers agreed Monday that U.S. President Donald Trump‘s announcement of 30% tariffs on the European Union was “absolutely…
News
Trump warns Russia of 'secondary' tariffs unless Putin makes ceasefire deal with Ukraine in 50 days
President Trump said Monday he will impose 100% "secondary" tariffs against Russia if Moscow doesn't reach a ceasefire deal with Ukraine…
News
Trump threatens Russia with tariffs if war on Ukraine isn't resolved within 50 days
President Trump said Monday he would punish Russia with tariffs if there isn't a deal to end the war in Ukraine within 50 days, the latest…
Business
US tariffs put spotlight on industrial S-Reits’ upcoming H1 earnings
Market watchers remain cautious on the performance of industrial Singapore-listed real estate investment trusts, or S-Reits, ahead of the…
Business
US markets grapple with tariffs as bullish trends emerge
US equity markets showed a mixed mid-day performance on Thursday (Jul 10) as investors weighed President Donald Trump’s new tariff…
News
White House economic adviser says EU, Mexico tariffs driven by desire for 'better' trade deals
The top White House economic adviser said Sunday that President Trump is threatening to slap tariffs on some of the nation's biggest…
News
From tariffs to universities, Trump's negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. Source link
News
Trump hitting EU, Mexico with 30% tariffs
President Trump is implementing 30% tariffs on the European Union and Mexico starting Aug. 1. Source link
Business
Wall Street Ends Lower as Trump Targets Canada with Tariffs, Nvidia Hits $4 Trillion
The impact of the US president's tariff threats was evident in the US markets. Wall Street slid on Friday, led by a decline in Meta…
Business
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…
Business
Europe: Stocks down with bank and healthcare drag, US-EU tariffs in focus
European shares closed lower on Friday (Jul 11), as losses in banks and healthcare stocks weighed at the end of a week marred by US…
News
Trump Tariffs Hit America’s Furniture Heartland as Howard Miller Company Announces Closure
U.S. President Donald Trump’s tariffs have begun to shrink the furniture industry, taking with it two historic names: the Howard Miller…
Business
Claire’s Could Sell Itself Via Bankruptcy Amid Tariff, Debt Struggles
A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The…