Fashion
Prada agrees to buy Versace for US$1.38 billion despite tariffs
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership Prada agreed to buy Versace for US$1.38…
Tag
Tariffs
News
Congress Must Assert Itself on Tariffs
My bill would require Congress to approve any presidential proposal to impose tariffs before they are put into effect. Source link
News
Tariffs Are Here to Stay
Even with the latest tariff ‘pause,’ Trump still holds the cards in this game. Source link
News
Apple airlifts 600 tonnes of iPhones from India ‘to beat’ Trump tariffs: sources
Tech giant Apple chartered cargo flights to ferry 600 tonnes of iPhones, or as many as 1.5 million, to the US from India, after it stepped…
Business
TSMC sales beat estimates as AI demand soars ahead of US tariffs
Major tech companies, including Alphabet and Meta Platforms, have not revised plans to invest tens of billions of US dollars in artificial…
News
Samsung under pressure as US tariffs rattle South Korean economy
Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US…
Business
Asia: Stocks crack higher as Trump delays painful tariffs
Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on…
Business
Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Chinese companies that sell products on Amazon are preparing to hike prices for the US or quit that market due to the “unprecedented blow”…
News
Gold climbs on safe-haven demand as Trump hikes China tariffs
Gold prices rose on Thursday (Apr 10) as investors turned to the safe-haven asset after US President Donald Trump escalated tariffs on…
News
Singapore’s STI up around 5% as Trump takes a pause on tariffs
Singapore stocks soared in a relief rally after US President Donald Trump announced on Wednesday (Apr 9) a 90-day pause to his steep…
News
Volkswagen says first-quarter profits impacted by Trump tariffs
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had…
News
Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
Oil prices climbed more than 4 per cent on Wednesday, bouncing back from four-year lows earlier in the session, after US President Donald…
News
Nike’s 30-year gamble on Vietnam is rattled by Trump tariffs
At Nike headquarters in Beaverton, Oregon, executives are trying to figure out how to best spread the pain of new tariffs. Nike, the…
News
Amazon cancels some inventory orders from China after tariffs
Amazon.com has cancelled orders for multiple products made in China and other Asian countries, according to a document reviewed by…
News
Top Democrats previously backed reciprocal tariffs and demanded punishing tariffs on China
Democrats haven't always been the anti-tariff party, with some of the party's leaders previously calling for reciprocal tariffs --…
News
Trump pauses reciprocal tariffs on many nations for 90 days, increases tariff on China
President Trump on Wednesday said he's pausing his reciprocal tariffs on nations that didn't retaliate against the U.S. for 90 days, a…
News
Tod’s Diego Della Valle Unveils ‘Italian Hands’ Book Celebrating Artisanal Excellence, Opines on Tariffs
MILAN — Tod’s unveiled its latest book, “Italian Hands,” at the brand’s Via Montenapoleone flagship and chairman Diego Della Valle was…
Business
US: Wall Street mixed at open as China raises tariffs on US goods
Wall Street’s main indexes were mixed at the open on Wednesday (Apr 9) after China announced more levies on US goods, retaliating against…
News
Trump tariffs spark US government debt sell-off
Michael Race Business reporter, BBC News Confidence in the US economy is plummeting as investors dumped government debt amid growing…
News
Trump tariffs list: See all the tariffs by country
President Donald Trump's tariffs on dozens of countries took effect on Wednesday, including huge 104% duties on Chinese goods. Trump…
Business
Japan's Nikkei down nearly 4% on slowdown fears as US tariffs kick in
Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns…
Business
RBI cuts rates, changes stance to 'accommodative' as US tariffs add to growth risks
The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday (Apr 9) for a second consecutive time and changed its monetary…
News
US exports drove Vietnam's economic success - then came Trump's tariffs
Jonathan Head South East Asia correspondent US President Donald Trump's sweeping tariffs targeting most of the world are now in effect –…
News
Trump tariffs: US office, China-exposed S-Reits among top losers in continued sell-off
Almost all Singapore-listed real estate investment trusts, or S-Reits, ended in the red on Wednesday (Apr 9), with US office and…