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Trump threatens to impose additional 100% tariff on China
Natalie ShermanBusiness reporter US President Donald Trump has said he would to impose 100% additional tariffs on imports from China from…
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tariff
Business
Europe: Trump's fresh tariff threats knock Europe stocks to weekly loss in last-minute slide
European shares tanked on Friday (Oct 10), erasing weekly gains in a last-minute slide as renewed trade war fears sparked by fresh threats…
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Trump tariff threat pushes oil to five-month low
Brent and US crude futures fell more than US$2 a barrel, or more than 3 per cent, on Friday (Oct 10) as US President Donald Trump’s threat…
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Trump heaps a 100% tariff on Chinese goods as payback for Beijing's restrictions on rare earths
President Trump says he will impose a 100% tariff on all Chinese imports in response to Beijing's move to restrict rare earths and other…
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Trump’s Massive China Tariff Has the Industry on Edge as Stocks Take Big Dive
has a new tariff headache, courtesy of U.S. President Donald J. Trump. Trump early Friday threatened a round of “massive increase” of…
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Trump’s 100% Tariff on Foreign-Made Films Met With Eye Rolls at Rome’s MIA Market: ‘There’s No Better Place’ to Make Movies Than Europe
While President Donald Trump might have reupped his threats last month to impose a 100% tariff on movies produced outside the U.S.,…
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Trump Should Use His Tariff Instincts to Lower Drug Prices
The president has an opportunity to pressure foreign leaders into delivering a fair prescription drug market for Americans. Source link
Business
BMW cuts annual guidance on weak China sales, tariff costs
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US BMW lowered its…
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EU steel tariff hike threatens 'biggest crisis' for UK industry
The EU has announced plans to hike tariffs on imported steel in a move the UK's steel industry has said could be "perhaps the biggest…
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White House says it will redirect tariff revenue to keep WIC afloat during shutdown
The Trump administration is diverting tariff revenue to keep food assistance for low-income women and children afloat during the…
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Time to Spring Trump’s Tariff Trap
As a condition of ending the shutdown, Democrats should curb the president’s tariff powers. Source link
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Pfizer’s drug price cuts yield three-year Trump tariff reprieve
The US president has repeatedly pressured companies to bring their US prices in line with what foreign countries pay Pfizer secured a…
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The Trump Administration’s Tariff ‘Plan B’ Has an Ominous History
The White House is warning of a new Great Depression while invoking a statute that contributed to the original. Source link
Business
Asia: Markets drop as US data, new tariff threats dent sentiment
MARKETS retreated on Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the world’s biggest…
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Trump Goes on Weird Rant About Using Tariff Money to Bail Out Farmers
“The other day, it was very interesting, they found $31 billion,” Trump said. “They said, ‘Sir, we’ve found 31.’ I said, ‘You mean…
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EU reveals tariff deal with Trump will save its automakers up to $700 million a month
European automakers will save around 500-600 million euros ($585-700 million) a month dating back to Aug. 1 after the Trump administration…
Business
Swiss National Bank keeps interest rate at zero, warns of tariff impact
The Swiss National Bank (SNB) held its benchmark interest rate at zero on Thursday (Sep 25), the lowest among major central banks, as it…
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Video: Taiwan Screw Suppliers Feel Impact of Trump’s Tariffs
new video loaded: Taiwan Screw Suppliers Feel Impact of Trump’s Tariffs transcript Back transcript Taiwan Screw Suppliers Feel Impact of…
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What is ‘tariff hacking’—and can it help keep prices down?
Businesses are currently facing a “tariff tsunami,” not to mention global economic uncertainty as the ripple effect of President Trump’s…
Business
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can…
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Apac family offices responded most vigorously to tariff turmoil globally: report
Family offices in the Asia-Pacific region responded more vigorously to tariff turmoils than their counterparts elsewhere, a report has…
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US tariff of 15% on Japanese auto exports to take effect Tuesday
US President Donald Trump has signed an executive order to implement the deal earlier this month, setting a maximum 15% tariff on most of…
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Trump says Supreme Court tariff case is about 'common sense'
President Trump says his administration should win a major legal case against his tariff authority on legal grounds and on "common-sense"…
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Mexico plans 50% tariff on Chinese cars before US, Canada talks
Mexico plans to impose tariffs of as much as 50 per cent on cars and other products made by China and several Asian exporters, aligning…