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Oil prices fall as Trump’s Aug 1 trade tariff deadline looms
Oil prices declined on Thursday as US President Donald Trump’s Aug 1 tariff deadline loomed over investors, with uncertainty surrounding…
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tariff
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Shoe Firms Producing in Mexico Get 90-Day Tariff Extension
As the clock ticks down to the 12:01 Aug. 1 deadline, shoe firms that produce in Mexico get a last-minute reprieve — but only for another…
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Trump’s Tariff Plan Suddenly at Risk One Day Before Deadline
“We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time, namely, that Mexico will…
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Trump’s tariff on India to do little to upset iPhone manufacturing plans
US President Donald Trump’s 25 per cent tariffs on Indian goods will do little to slow the role of the country as a key hub for…
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Oil rises over 1% as investors weigh Trump’s Russia stance, tariff threats
Oil prices settled 1 per cent higher on Wednesday as investors focused on developments on US President Donald Trump’s tighter deadline for…
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Trump sets 25% tariff on India and penalties for trade with Russia
The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian…
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Trump ends tariff exemption for all low-value packages
President Trump on Wednesday ended tariff exemptions for low-value parcels shipped to the United States. Source link
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Trump imposes a 50% tariff on Brazil as punishment for prosecution of ally Bolsonaro
President Trump implemented a 50% tariff on goods imported from Brazil on Wednesday, saying that the punishing levy is retaliation for the…
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Flurry of huge trade deals bury Trump tariff doubters
Big trade deals with Japan and the European Union have injected momentum into President Trump's trade agenda and knocked his critics back…
Business
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and…
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Toyota sees record global sales despite Trump’s tariff turmoil
Toyota Motor saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset…
Business
P&G estimates US$1 billion tariff hit, plans some US price hikes
Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Business
Gold edges down on stronger US dollar, easing tariff concerns
Gold prices edged lower in early trade on Tuesday (Jul 29), weighed down by easing concerns over a global tariff war and a stronger US…
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Questions Remain on US-EU Trade Deal, But ‘Reduction of Uncertainty’ Could Be Positive Step
The devil is always in the details. Still, the parameters for the new U.S.-European Union trade deal might just provide the glimmer of…
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Gold hits near two-week low after US, EU agree to tariff deal
Gold prices fell on Monday (Jul 28) to their lowest in nearly two weeks, as a framework trade agreement between the United States and…
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US-EU tariff deal: Both sides can claim victory, but devil may be in detail
After weeks of tense negotiations between their top trade officials, the EU and US have finally struck a deal - and it comes on the eve of…
Business
Global Stocks Dip Ahead of Trump's Tariff Deadline and Key Central Bank Decisions
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index…
Business
ECB leaves interest rates unchanged amid tariff uncertainty
The European Central Bank left its main interest rate unchanged at 2 per cent as expected on Thursday (Jul 24), taking a break after a…
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Mattel cuts 2025 forecast after two-month pause, hurt by tariff uncertainties
TOYMAKER Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop in second-quarter revenue on Wednesday,…
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Trump claims Japan trade deal, imposes 15% tariff on goods from Asian superpower
President Trump on Tuesday said he struck a trade deal with Japan, a surprise development after the U.S. leader described the Asian…
Business
Tariff uncertainty pummels South-east Asia’s private equity dealmaking in H1; caution likely to reign for rest of 2025
Private equity (PE) deal value in South-east Asia plunged by nearly half in the first six months of 2025, as macro uncertainties slowed…
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Commerce Secretary Howard Lutnick predicts action on trade talks before Aug. 1 tariff deadline
Commerce Secretary Howard Lutnick says the Trump administration is sticking with its plan to raise tariffs next month on countries that do…
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Oil steadies as mixed US economic and tariff news offset new Russia sanctions
Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European…