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Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical…
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Tariffs
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How Tariffs Could Make Americans’ Hobbies More Expensive
Hobby forums, normally places for trading tips about knitting patterns and sharing photos of new projects, are now hosting in-depth…
Business
China stops tariffs on some U.S. semiconductors
China appears to have rolled back the 125% tariffs on some imports from the U.S., a move that could mark the start of de-escalating the…
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Uncertainty Over Trump’s Tariffs Paralyzes U.S. Businesses
Three months ago, things were looking pretty good for Tim Fulton and Ramper Innovations, a manufacturer of airplane equipment based in…
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US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as…
Business
Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing…
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The Download: how Trump’s tariffs will affect US manufacturing, and AI architecture
The quest to figure out farming on Mars Once upon a time, water flowed across the surface of Mars. Waves lapped against shorelines, strong…
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Sweeping tariffs could threaten the US manufacturing rebound
The US was great at inventing new stuff, it turns out, but lousy at making it. The hope is that this situation is changing as the country…
Business
Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending
Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for…
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Procter & Gamble Cuts Full-year Forecast Amid Tariffs and Weaker Demand, Signals Price Hikes
Procter & Gamble lowered its full-year forecast on the back of lower sales and sky high tariffs on China. It also indicated that it would…
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Renault to cut costs as US tariffs lash car market
French carmaker Renault said on Thursday (Apr 24) it will seek to further cut costs as US tariffs shake up the global car market. Renault…
Business
Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
Comparable operating profit fell to 156 million euros (S$232.7 million) in the first quarter of 2025 Nokia reported first-quarter profit…
Business
China to kick off special bond sale as tariffs threaten economy
China is set to issue the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by…
Business
China kicks off special bond sale as tariffs threaten economy
China issued the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by authorities…
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Trump considers reducing Chinese car part tariffs: FT
The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the ire of global…
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Boeing ready to resell jets as tariffs hit China trade
[SEOUL/PARIS] Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to…
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Louis Vuitton raises price on popular US bag following new Trump tariffs
The Neverfull GM bag in monogram-coated canvas now costs US$2,200 on the company’s US website, US$100 more than last week, a 4.8 per cent…
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Trump’s Tariffs Tax Hike Not So Coincidentally Spares the Rich
Donald Trump’s tariffs will end up hurting most Americans, acting as a tax increase for nearly every income group, with a minimal impact…
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Transcript: Trump’s “Madness” on Tariffs Darkens as More Bad Polls Hit
Long: It’s one of the reasons that the U.S. dollar has been the global reserve currency. It’s one of the reasons that during the great…
Business
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the…
News
Trump Tariffs Send Stock Market Plummeting to Great Depression Levels
But Hegseth and Donald Trump are refusing to admit he did anything wrong, instead painting the defense secretary as MAGA’s latest victim…
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Trump’s tariffs could be a major boon for secondhand stores
Stores selling secondhand clothes, shoes and accessories are poised to benefit from President Donald Trump’s trade war even as businesses…