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Stocks drop after Trump sets tariffs on Canada
Global stocks fell on Friday after U.S. President Donald Trump intensified his tariff war against Canada, leaving Europe squarely in the…
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Tariffs
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Trump plans to hike tariffs on Canadian goods to 35%
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two…
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Brazil pledges retaliatory tariffs on the U.S. if Trump imposes 50% import taxes
Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President…
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Trump is threatening to raise tariffs on Canadian imports to 35%
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two…
News
Donald Trump Renews Global Trade War With Canada Facing 35% Tariff
President Donald Trump has launched a fresh assault on global trading partners with Canada likely to be among the worst hit. In a letter…
Culture
PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency…
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Even 190% tariffs can’t shake US shoemaker’s reliance on China
When a US$80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze hiring and…
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Gold rises after Trump announces fresh tariffs on Canada, tariff threats to others
Gold rose on Friday (Jul 11) after US President Donald Trump announced new tariffs on Canadian imports and issued broader tariff threats…
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Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others
President Donald Trump said on Thursday the United States would impose a 35 per cent tariff on imports from Canada next month and planned…
News
Pimco sees Japan wooing capital as tariffs spur diversification
Japan has emerged as a prime destination for global investors as the trade war triggers a reassessment of capital flows into the US,…
Business
Trump bullish on tariffs as billions in revenue pour in and inflation remains in check
President Trump has escalated his global trade offensive this week, armed with confidence that the import levies will deliver…
News
Trump’s Reckless New Tariffs
If the courts put an end to this, they would be doing the rule of law, and the markets, a favor. Source link
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DBS downgrades Genting Singapore to ‘hold’, trims target price on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded Genting Singapore to a “hold” rating and lowered its target price for the stock from S$0.90 to S$0.80,…
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Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the Red Sea, while US…
Business
US: Nasdaq ends at record as stocks shrug off latest Trump tariffs
The Nasdaq vaulted to a fresh record on Wednesday, shrugging off new tariff threats from President Donald Trump as Nvidia became the first…
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India Survives Another Round of Trump Tariff Letters: Could a Deal Help Spur More U.S. Shoe Exports?
The U.S. and India are still hoping to get an agreement on terms for a trade deal. So far, so good — maybe. U.S. President Donald Trump…
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Trump says tariffs based on 'common sense,' 'deficits' and 'very substantial facts'
President Trump said Wednesday that he used 'common sense' to calculate the steep tariffs he slapped on countries unless they can broker…
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Trump's tariffs may overshadow Rubio's first official trip to Asia
Sweeping tariffs set to be imposed by President Donald Trump next month may overshadow his top diplomat's first official trip to Asia this…
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Asia: Markets mixed as Trump flags fresh tariffs, eyes on trade talks
Stocks were mixed on Wednesday as investors assessed Donald Trump’s latest tariff threats, while keeping an eye on trade talks after the…
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US used car prices surge as tariffs drive market volatility
A GAUGE of US used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the Covid-19…
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Trump says pharmaceutical tariffs could reach 200%
US President Donald Trump on Tuesday said he plans to announce tariffs on imported pharmaceuticals which could reach 200 per cent but he…
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US: Dow, S&P 500 fall as Trump unveils new tariffs
Wall Street stocks dipped on Tuesday, falling for a second straight session as President Donald Trump added tariff threats on copper and…
News
US will raise tariffs on copper to 50%, Trump says
Natalie Sherman Business reporter, BBC News Copper entering the US from other countries is set to face a new tax of 50%, President Donald…
News
Trump says he's keeping Aug. 1 deadline to collect big tariffs
President Trump said Tuesday he will not budge from his decision to impose tariffs on goods from dozens of trading partners starting Aug.…