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How will the EU respond to Donald Trump's tariffs?
Fundamentally wrong, was how Germany's outgoing chancellor, Olaf Scholz, described the new Trump tariffs. A unilateral attack - that was…
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Tariffs
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Trump tariffs could stymie Big Tech’s US data centre spending spree
US PRESIDENT Donald Trump’s sweeping reciprocal tariffs could hamstring Big Tech’s billion-dollar efforts to build artificial intelligence…
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Oil dives more than 6%, steepest fall in 3 years on tariffs, Opec+ supply boost
Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after Opec+ agreed to a surprise increase in…
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Trump tariffs trigger steepest drop for US stocks since 2020 as China, EU vow to hit back
Tom Espiner BBC business reporter Watch: 'The country is going to boom' after tariffs, says President Trump Global stocks have sunk, a day…
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Wall Street Crashes on Trump Tariffs That Could ‘Hobble’ the Apparel Industry
President Donald Trump’s “Liberation Day” tariffs looked very little like freedom on Wall Street on Thursday, where shocks are disliked…
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What Trump has announced on tariffs and why it matters
Watch: Three things to know about Trump's tariffs announcement US President Donald Trump announced sweeping tariffs on goods from…
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Stellantis Feels the Heat of Trump's Tariffs as Carmaker Fires Hundreds of Workers and Halts Production at Its Mexico and Canada Plants
Stellantis said on Thursday that it was temporarily laying off 900 employees across five U.S. locations following President Donald Trump's…
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UK drawing up list of items for potential retaliatory US tariffs
Kate Whannel Political reporter Sam Francis Political reporter The UK government is drawing up a list of US products it could hit with…
Business
US: Wall Street opens sharply lower as Trump tariffs trigger recession fears
Wall Street’s major indexes plunged on Thursday (Apr 3), as President Donald Trump’s sweeping tariffs on major trade partners ignited…
Business
Euro jumps over 2% against dollar after hefty US tariffs
The euro rallied more than 2 per cent against the dollar on Thursday (Apr 3) and was set for its best day in more than nine years as…
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Mercedes weighs moving some car production to US over tariffs
Mercedes Benz Group is considering shifting the production of another vehicle model to the US in response to Donald Trump’s 25 per cent…
Business
Tariffs disrupt Bitcoin mining supply chain rooted in Asia
Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs…
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RH Mulling New Sourcing Strategy Amid New Trump Tariffs
MILAN – RH’s fourth-quarter earnings call kicked off Wednesday evening, just as President Donald Trump announced his new trade policy,…
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Luxury Shares Drop, Price Hikes Loom in Wake of Trump Tariffs
After what HSBC dubbed “greedflation” – substantial price hikes amid euphoric post-pandemic purchasing – European luxury goods are set to…
Business
Tariffs rip through South-east Asia stocks, sink Vietnam’s market
South-east Asian stocks and currencies fell after Asian emerging nations were given some of the biggest tariff increases by US President…
Business
Singapore bourse spared in regional rout sparked by US tariffs; STI down just 0.3%
Compared to their regional peers, Singapore shares ended Thursday (Apr 3) almost unscathed by the tsunami of tariffs the United States…
Culture
European stocks slide at open after Trump tariffs
[Brussels] European stock markets slumped at the start of trading on Thursday (Apr 3) after US President Donald Trump’s latest tariffs…
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US emerges as biggest loser in markets from Trump’s tariffs
US equity index futures tumble more than 4% after President Trump announces a sweeping series of tariffs Donald Trump’s shake-up of the…
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Three things to know about Trump's tariffs announcement
President Donald Trump has unveiled universal 10% tariffs on all imports into the US effective on 5 April, with certain countries hit with…
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Safe-haven gold hits record peak as Trump announces sweeping tariffs
Gold hit a record high on Thursday (Apr 3), as nervous investors rushed towards safe-haven assets after US President Donald Trump…
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Trump tariffs: 'Worst offenders' around world face import taxes up to 50%
Natalie Sherman BBC News, New York Watch: Key moments in Trump’s ‘Liberation Day’ tariffs announcement President Donald Trump has unveiled…
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Apple production hubs hit by tariffs, sending shares plummeting
Apple is finding itself squarely in the crosshairs of US President Donald Trump’s new tariffs, even after a years-long effort to insulate…
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Trump tariffs list: The US global tariffs plan at a glance
Watch: Key moments in Trump’s ‘Liberation Day’ tariffs announcement Donald Trump announced a sweeping new set of reciprocal tariffs on…
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Oil prices fall into negative territory as Trump announces new tariffs
Oil prices fell to negative territory after rising by a US dollar in post-settlement trade on Wednesday (Apr 2) as US President Donald…