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Trump’s new orders dial back some tariffs for U.S. automakers
President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, a significant…
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Tariffs
Business
Thailand’s central bank cuts key rate again, lowers growth forecasts as tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
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Chinese solar losses deepen even before worst of trump tariffs
Chinese solar manufacturers continue to plunge deeper into the red, and the outlook is getting gloomier as sky-high tariffs on exports…
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TSMC starts building third Arizona plant as US tariffs loom
The CEO says that the third and fourth plants will use its most advanced N2 and A16 process technologies and the fifth and sixth plants…
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Trump tempers auto tariffs, winning cautious praise from industry
US President Donald Trump moved on Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has been on…
Business
US: Stocks rally as Trump tempers auto tariffs
Wall Street stocks rose on Tuesday as markets digested mixed earnings while applauding a move by President Donald Trump to ease tariffs on…
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West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Census Bureau data released on Tuesday showed a surge in U.S. imports starting last fall, from $268 billion at the end of October to $343…
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Trump to Sign Executive Order Walking Back Some Auto Tariffs
President Trump plans to sign an executive order Tuesday that will walk back some tariffs for carmakers, administration officials said,…
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Trump pumps the brakes on some auto tariffs
President Trump granted limited relief from his auto tariffs with an executive order Tuesday that keeps automakers from facing multiple…
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In his first 100 days, Trump’s tariffs are already threatening the AI boom
When Donald Trump returned to the White House in 2025, many in the tech world hoped his promises to champion artificial intelligence and…
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Retailers Fear Toy Shortages at Christmas as Tariffs Freeze Supply Chain
President Trump’s China tariffs are threatening Christmas. Toy makers, children’s shops and specialty retailers are pausing orders for the…
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White House slams Amazon for showing price changes due to tariffs
The White House said Amazon was engaging in a "hostile and political act" with plans to display how much President Trump's tariffs will…
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Adidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect
The German sportswear company Adidas said on Tuesday that the increase in tariffs would lead to higher prices for its sneakers and…
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GM pulls forecast due to tariffs as nervous consumers rush to buy
General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as…
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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President…
Business
Porsche's Q1 profit margin plunges on China weakness, US tariffs
Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter, below analyst…
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Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car…
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Canada Election: It’ll Be Carney or Poilievre Against Trump’s Tariffs
Canada chooses a leader to take on Trump Canadians vote on Monday to determine which political party forms their next government. But…
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US shoppers pay for Trump tariffs on Temu, doubling some prices
Discount Chinese retail app Temu appears to be passing on nearly all of US President Donald Trump’s new import taxes to US consumers, more…
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Tariffs: Misses and Myths
The week of April 21, 2025: Tariff legends and reality, the debt, antitrust, and much, much more. Source link
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Trump's treasury secretary says China 'cannot sustain' high tariffs on imports
Treasury Secretary Scott Bessent is confident that President Trump has the upper hand in the trade war with Beijing because the Chinese…
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Trump’s Tariffs Prompt Wave of Lawsuits
Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief…
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Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent tariffs imposed by President Trump on imported cars have added to the pressures on vehicle manufacturers around the world,…