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Euro steady as Trump’s car tariffs loom next week
THE euro was steady, rising off a three-week low earlier on Thursday (Mar 27), with US President Donald Trump’s 25 per cent tariff on…
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Tariffs
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Germany says it 'will not give in' as Trump announces 25% car tariffs
Germany has said it "will not give in" and that Europe must "respond firmly" as US President Donald Trump targets imported cars and car…
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Porsche, Mercedes face 3.4 billion euros hit from Trump auto tariffs
To offset the impact, manufacturers may have to raise prices or shift more production to the US Porsche and Mercedes-Benz Group will be…
Business
SK Hynix says some customers brought forward orders ahead of US tariffs
South Korea’s SK Hynix, the world’s second-largest memory chipmaker, said on Thursday (Mar 27) that some customers have brought forward…
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Can Trump’s Tariffs Bring Apparel Factories Back to the U.S.? It’s Complicated
As U.S. President Donald Trump launched his chaotic trade war — with everybody — he’s focused on the power of the U.S. manufacturing…
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Asia: Autos lead market losses after Trump’s latest tariffs salvo
A plunge in automakers hit Asian equities on Thursday after Donald Trump announced painful tariffs on all imported vehicles and parts as…
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Autos lead market losses after Trump’s latest tariffs salvo
A plunge in automakers hit Asian and European equities on Thursday (Mar 27) after Donald Trump announced painful tariffs on all imported…
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Japan putting ‘all options on table’ in dealing with US auto tariffs, PM Ishiba says
Japanese Prime Minister Shigeru Ishiba said on Thursday Tokyo will put “all options on the table” in dealing with Washington’s…
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TikTok: Trump says he may cut China tariffs to help seal deal to sell the app
US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner…
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Auto industry rocked by Trump’s 25% tariffs on US imports
US automakers and their global rivals were rocked on Wednesday by President Donald Trump’s announcement that he would impose 25 per cent…
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Trump drives trade war fears with 25% auto tariffs
Asian auto stocks fell on Thursday (Mar 27) after US President Donald Trump unveiled a 25 per cent tariff on imported vehicles, expanding…
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Trump announces 25% tariffs on car imports to US
US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen…
Business
US: Stocks slip as auto tariffs approach
US stocks veered off course on Wednesday (Mar 26) after the White House said President Donald Trump would announce fresh tariffs on the…
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Trump may implement copper import tariffs within weeks
[WASHINGTON, NEW YORK] US tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision,…
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Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday that it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in…
Business
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a…
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Apple’s Tim Cook meeting with Trump as tariffs threaten iPhones
PRESIDENT Donald Trump is meeting with Apple CEO Tim Cook at the White House on Thursday (Feb 20), according to a source familiar with…
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Most US manufacturers forecast layoffs at Vietnam operations with Trump tariffs: survey
MOST US manufacturers surveyed by the American Chamber of Commerce (AmCham) in Vietnam said they would be likely forced to lay off workers…
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Texworld Visitors Up as China Tariffs Impact Sourcing
PARIS — China tariffs and their potential consequences for apparel manufacturing were among the main topics of conversation at the latest…
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US: Wall St opens higher with Fed policy, Trump tariffs in focus
WALL Street’s main indexes opened higher on Tuesday (Feb 18), as investors focused on potential tariff developments and the US Federal…
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Government plans to protect UK steel industry amid threat of tariffs
The government has announced plans to protect the UK's steel industry in a bid to secure its long-term future, as it faces the impact of…
Business
Europe: Shares end at record peak on earnings boost; tariffs eyed
EUROPEAN shares eked out an all-time high on Wednesday (Feb 12), as investors cheered earnings reports from Heineken and ABN Amro,…
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Trump tariffs: Retaliate or negotiate - what will US partners do next?
João da Silva Business reporter A decision by US President Donald Trump to place a 25% tariff on all steel and aluminium imports has left…
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Price spikes, demand fears haunt metal markets as Trump’s 25% tariffs bite
Markets are in the dark as key details of Trump’s tariffs on steel and aluminium imports are still pending; experts fear heightened…