Culture
US: Wall St slides at open as Trump's tariffs trigger risk aversion
Wall Street’s main indexes dropped at the open on Monday (Feb 3) as fears of a full-blown trade war and its impact on the global economy…
Tag
Tariffs
Business
Trump Tariffs Rattle Markets, Media Stocks Dragged Lower
President Trump’s imposition of new U.S. tariffs on imports from China, Mexico and Canada drove down stocks across the board Monday, with…
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Trump says anybody against his tariffs "controlled by China"
President Donald Trump has said that anyone opposed to his tariff plans, including The Wall Street Journal, is "controlled by China."…
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Trump tariffs set to heighten volatility amid uncertainty over their extent and duration: analysts
UNCERTAINTY over how long trade tensions will last and the risk of tariffs on other economies could heighten market volatility in the near…
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Gold dips as US dollar strengthens on Trump tariffs
GOLD prices fell in early Asian hours on Monday (Feb 3), pressured by a stronger US dollar as fears of a global trade war mounted after US…
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Hong Kong-listed China stocks brace for Trump tariffs’ impact
CHINESE stocks listed in Hong Kong will come under renewed pressure when they resume trading Bloomberg following a three-session break,…
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US car prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record…
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Trump tariffs target loophole used by Chinese online retailers
President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against e-commerce, with apparent plans to…
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Trump's oil tariffs a boost for European and Asian refiners
US President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive…
Business
Tariffs worry Wall Street over earnings hit, inflation pressure
Investors are bracing for a looming hit to US corporate profits and pressure on inflation after President Donald Trump on Saturday (Feb 1)…
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Canada and Mexico Announce Retaliatory Tariffs Against the U.S. Hours after Trump's Executive Action
The leaders of Canada and Mexico blasted President Trump on Saturday, just hours after he imposed a 25 percent tariff on their countries.…
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Exxon, Chevron succumb to oil-refining slump as tariffs loom
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers…
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Trump slaps punishing tariffs on Mexico, Canada and China, sparking fears of a trade war
MEXICO CITY — President Trump slapped sweeping tariffs on goods from Mexico, Canada and China on Saturday, sending shock waves through the…
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Canada promises "forceful and immediate" response to any US tariffs
Canada's outgoing Prime Minister Justin Trudeau warned the country will have a "forceful and immediate" response if President Donald Trump…
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Steel, aluminium tariffs will impact millions of tonnes of imports
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is…
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Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico,…
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US: Wall Street ends lower as White House says Trump to implement tariffs
US stocks ended lower on Friday (Jan 31), with indices losing ground after the White House said US President Donald Trump will implement…
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China’s big EV push into Europe fizzles out on tariffs, slowdown
FIVE years of rapid European growth for Chinese electric-car manufacturers ground to a halt in 2024, as trade barriers added to the…
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Oil prices settle down as US stockpile grows, tariffs still in focus
OIL prices fell on Wednesday (Jan 29), with the US benchmark settling at its lowest year to date, after domestic crude stockpiles in the…
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Carmakers take action against EU tariffs on e-cars from China
A pedestrian crosses a street that borders a cycle path and a charging parking lot for electric cars in Stuttgart's city center. Marijan…
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BMW joins Chinese EV makers in filing EU court challenge to tariffs
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on…
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Tariffs will leave everyone worse off, Bundesbank chief warns
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to…
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Investors should ‘take a step back’ to spot opportunities for Asean amid Trump tariffs: JPMorgan
EVEN as US President Donald Trump stirs up the market with a barrage of executive orders, JPMorgan’s chief market strategist for the…
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Top Ikea retailer says in Davos that tariffs could drive prices higher
FOR budget furniture retailer Ikea, the fewer trade tariffs there are, the better, CEO of Ingka Group, the biggest global Ikea franchisee,…