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Shoe Production in China, Southeast Asia Could Shift Again: Here’s Why
Shoe factories across China and Southeast Asia have had their challenges this year, and more obstacles could be ahead as the competitive…
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Tariffs
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Trump's tariffs spur government's improving deficit
The deficit has ticked down in the new fiscal year, and analysts said there's one obvious reason for the improvement: President Trump's…
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Trump Bails Out the Farmers He Kneecapped with Tariffs — Again
The president would rather pay farmers off with taxpayer funds than let them compete in a global marketplace. Source link
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Trump eyes tariffs on cheap Canadian fertiliser, Indian rice
The US president is facing mounting pressure to address high consumer prices and persistent inflation US President Donald Trump signalled…
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Ikea to ramp up US production as tariffs bite
The push for local production aims to support its expansion in the US, its second-biggest market, and the wider region [LONDON/STOCKHOLM]…
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Trump says tariffs can eventually replace federal income taxes. Experts disagree
President Donald Trump has long praised tariffs as key to increasing wealth in the United States, idealizing Gilded Age policies that…
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Trump Official Panics as Brutal Jobs Report Blames Trump’s Tariffs
The order banned citizens of Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia,…
Business
Despite a trade war, the world economy is forecast to grow 3.2% this year, OECD says
The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic…
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Trump makes case for tariffs
Trump on Saturday once again made his plea for the Supreme Court to rule in favor of his sweeping tariffs. Source link
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Trump Reverses Some Food Tariffs, Claims to Solve Problem He Created
The National Guard’s takeover of Washington was not legal, a U.S. District Court judge ruled Thursday. Judge Jia Cobb ruled that the…
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Trump removes hefty tariffs on coffee, other Brazilian agriculture products
President Trump has removed 40% tariffs on Brazilian coffee, cocoa, beef and other agricultural products that are not grown in sufficient…
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The Tariffs Aren’t Helping
Donald Trump is a wholeheartedly pro-manufacturing president, and he’s definitely here to help — with a dizzying array of tariffs. Source…
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Nio’s Firefly EV brand seeks growth in right-hand drive markets without tariffs
It will be marketed as premium in Singapore, avoiding a price war with domestic rivals Firefly, a compact electric vehicle (EV) brand…
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World’s top aluminium producer adds markups as Trump tariffs drive up consumer costs
The US relies heavily on foreign aluminium supplies as it does not have the capacity to produce enough to meet demand Rio Tinto Group is…
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Trump Quietly Backtracks on Disastrous Grocery Tariffs
The countries named in the ban were Afghanistan, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar,…
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Trump rolls back tariffs on dozens of food products
US President Donald Trump has signed an executive order allowing a range of food products, including coffee, bananas and beef, to escape…
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Trump rolls back tariffs on grocery items, and critics say it's an admission tariffs raise prices
President Trump has signed an executive order to reduce tariffs on grocery items that have risen in price or cannot be grown easily in the…
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U.S., Switzerland reach trade deal to bolster manufacturing in America, lower tariffs on Swiss goods
The U.S. and Switzerland have reached a trade deal that will reduce President Trump's tariffs on the European nation from 39% to 15%, a…
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The Spiritual Tariffs on Ballad of a Small Player
A psychodrama about the West’s diminishing identity. Source link
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Tata Steel calls for extension of import tariffs on some steel products to India
India’s Tata Steel hopes the government will extend import tariffs on some steel products to guard against the threat of imports,…
Business
Sats Q2 net profit up 13.3% to S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago In-flight caterer and ground handler Sats on…
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Transcript: Trump Wrecks His Case for Tariffs as SCOTUS Rant Backfires
And what those deals mean, I think, are up for interpretation. They often mean whatever is good for Trump. And so being able to get…
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Trump Wrecks His Own Case for Tariffs as Bizarre SCOTUS Rant Backfires
Signs are mounting that the Supreme Court might invalidate President Trump’s tariffs, and he’s clearly on edge about it. Trump just vented…
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Deck the malls: Tariffs, economic doubts won't flatten holiday shopping season, forecasters say
Consumer sentiment is falling and tariffs will increase some gift prices this holiday season, but retailers don't expect it to ruin…