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Roche to invest US$50 billion in US to avoid Trump tariffs, create 12,000 jobs
Roche said on Tuesday (Apr 22) it would invest US$50 billion in the United States over the next five years, creating more than 12,000 new…
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Tariffs
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US sets tariffs of up to 3,521% on South East Asia solar panels
The US Commerce Department has announced plans to impose tariffs of up to 3,521% on imports of solar panels from four South East Asian…
News
Global shipping navigates Trump tariffs uncertainty
Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players…
News
Trump tariffs: China warns nations against 'appeasing' US in trade deals
China has warned countries against appeasing the US in trade talks over President Donald Trump's tariffs. A Chinese commerce ministry…
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China plastic plants face closure risk as tariffs hit US ethane
Chinese plastics factories that depend on a gas they mainly import from the US are contending with the prospect of shutdowns as the…
News
Volkswagen floats making Audis in US to swerve Trump tariffs
[Berlin] Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by US President…
News
Ford ‘adjusts’ some exports to China due to tariffs
Citing the US-China trade conflict, Ford said on Friday (Apr 18) it has “adjusted” its exports to the country, where the US auto giant…
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Hertz wins over Ackman in a bet tariffs will boost value of cars
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20 per cent stake in Hertz Global in a bet on the rental car…
News
Boeing jet departs China delivery plant as US tariffs bite
A Boeing jet that arrived at a completion plant near Shanghai last month appeared to be returning to Seattle, flight tracking data showed…
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Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice
US President Donald Trump on Thursday (Apr 17) signalled a potential end to the tit-for-tat tariff hikes between the US and China that…
News
Trump says U.S., China talking over tariffs
President Trump said officials from China have reached out "a number of times" since the tariff war between the U.S. and China began.…
Business
World economy likely to avoid recession despite tariffs, IMF chief says
The global economy is likely to avoid a recession, despite the hit to growth from US President Donald Trump’s tariff rollout, the head of…
News
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Hyundai Motor plans to temporarily suspend production of…
News
Trump Tariffs: Gold hits fresh record high over trade war impact fears
Gold has jumped to a fresh record high as investors fret over the impact of the trade war between the US and China. Spot gold touched…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Fashion
Temu, Shein slash digital ads as tariffs end cheap shipping from China, data show
The online retailers are cutting ad spending on most platforms, according to two digital marketing firms that measure ad spending Chinese…
Business
Europe: Shares close lower as ASML warns US tariffs cloud outlook
European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making…
News
Trump tariffs reignite Europe’s push for cloud sovereignty
The Trump administration’s sweeping tariffs have ruffled feathers across the world — and reignited Europe’s push for digital sovereignty.…
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Beauty M&A Faces Further Uncertainty Amid Tariffs
Last year was a particularly slow one when it came to beauty M&A on the back of consumers tightening their belts in Asia, early signs of…
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UOB says data centres are ‘sheltered’ from Trump tariffs, names Reits to buy
UOB Kay Hian (UOBKH) predicts continued growth in demand for data centres over the next five years – even amid a challenging environment…
News
China’s sea cargo flow starts to slow after tariffs take effect
The Trump administration has upended global trade with a slew of new tariffs, prompting China to retaliate The volume of goods processed…
Business
New Zealand central banker says inflation hit from higher tariffs ‘more ambiguous’
Since the start of April, global markets have been rocked by volatility, while policymakers have been grappling with heightened recession…
News
China suppliers mock tariffs with Nike, Lululemon deals on TikTok
TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump…
News
Confusion grips Big Tech over exemptions from Trump tariffs
WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty…