News
Senate to vote on ending emergency declaration that gives Trump tariff powers
The Senate is set to vote as soon as Wednesday evening on a resolution terminating the national emergency that President Trump has used to…
Tag
tariff
News
'Hostile and political act': White House clashes with Amazon over idea to disclose tariff costs
The White House on Tuesday blasted Amazon over a proposal to show the cost of President Trump’s tariffs next to the price of some products…
Business
UPS layoffs: 20,000 jobs cut, 73 locations to close as company cites less Amazon business amid tariff uncertainty
United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for…
News
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…
News
These Singapore names are potential winners from election Budget, tariff volatility: Maybank
The Republic’s domestic-oriented stocks could emerge as spillover beneficiaries amid tariff volatility in spite of Singapore’s high trade…
Fashion
Shein hikes US prices as much as 377% ahead of tariff increases
Fast-fashion giant Shein Group raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in…
News
How to protect your life savings from the tariff fiasco
If the tariff-triggered drop in your 401(k) balance has got you sobbing into a pint of Ben & Jerry’s, you’re not alone. U.S. and global…
News
Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make…
News
Oil posts weekly fall on tariff worry and rising supplies
Oil prices edged higher on Friday (Apr 25) but posted a weekly decline, under pressure from market expectations of oversupply and…
News
China Rejects Trump Claim of Tariff Talks With Xi
President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on…
Business
Tariff Uncertainty and Recession Fears Fuel the ‘No Buy’ Movement
With many Americans concerned that President Trump’s tariffs will make most products more expensive and possibly tip the United States…
News
China Is Weighing Tariff Exemptions on Some U.S. Imports
The Chinese government is considering whether to exclude some essential products from its retaliatory 125 percent tariffs on American…
Business
Will Cars, Phones and Other Goods Be Too Big to Tariff?
A dovish shift Stocks are on a three-day winning streak as investors cheer cooling trade-war tensions. Another boost has come from the Fed…
Fashion
China ramps up cash injection as it braces for tariff impact
China’s central bank is boosting cash injection via one of its policy tools as it seeks to safeguard the world’s second-largest economy…
Business
Bank of Japan’s Ueda keeps rate-hike pledge but warns of US tariff impact
Bank of Japan (BOJ) governor Kazuo Ueda said on Thursday (Apr 24) that the central bank will continue to raise interest rates if…
Business
Stocks Stall as China Calls Reports of U.S. Tariff Talks ‘Baseless’
Stock markets stalled on Thursday, after officials in China said they were not holding talks with the United States about easing trade…
News
Has Trump’s Tariff Fight Passed Its Peak?
Seen and heard, tariff edition “We have three airplanes that we had in China ready for delivery. I think we’ve got two of those already…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Keppel’s Q1 net profit jumps more than 25%; expects limited direct tariff impact
Keppel reported on Thursday (Apr 24) a strong Q1 performance for 2025, with net profit rising more than 25 per cent year-on-year. These…
Business
Keppel posts more than 25% jump in Q1 net profit, expects limited direct tariff impact
Keppel’s net profit rose more than 25 per cent for the first quarter ended March, driven by improvements in its real estate and asset…
News
“Madness”: Trump Tariff Lunacy Suddenly Darkens Amid Brutal Poll Drop
On Tuesday, largely due to President Trump’s tariffs, the International Monetary Fund downgraded its projections for economic growth in a…
Business
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the…
News
Apple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
Apple iPhones could get more expensive on any upcoming US tariffs as the tech giant passes on costs to consumers, said a Citi report. “We…
Fashion
China’s Cnooc agrees LNG deal with UAE’s Adnoc amid tariff war with US
China National Offshore Oil Corporation (Cnooc) has agreed a term deal to buy liquefied natural gas (LNG) from Abu Dhabi National Oil…