Page 2 - Trump Tariff Threats

Asian shares mostly rose on Friday ahead of US Jobs Report update

Asian shares were mostly higher Friday ahead of an update on the US job market that will offer insights into how the economy is faring. US futures edged higher and oil prices fell. Tokyo's Nikkei 225 index rose 0.5% to 37,730.67, while the Kospi in South Korea jumped 1.5% to 2,812.05. Hong Kong's Hang Seng lost 0.4% to 23,817.10 and the Shanghai Composite index edged 0.1% higher, to 3,385.91. Australia's S&P/ASX 200 was nearly unchanged at 8,536.40. India's Sensex gained 0.6%. On Thursday, the S&P 500 fell 0.5% to 5,939.30 for its first drop in four days. After sprinting through May and rallying within a couple good days' worth of gains of its all-time high, the index at the center of many 401(k) accounts has lost momentum. The Dow Jones Industrial Average dropped 0.3% to 42,319.74, and the Nasdaq composite sank 0.8% to 19,298.45. The US Labor Department is due to report how many more jobs US employers created than destroyed during May. The expectation on Wall Street is for a

Trump signs order hiking steel, aluminum tariffs to 50%, exempts UK

The order said that raising the existing tariffs would offer stronger support to domestic industries and help reduce or eliminate the national security threat posed by imports of steel, aluminium

US to move forward with tariffs despite court ruling, say Trump aides

The Trump administration has confirmed that the tariffs announced under President Donald Trump will proceed, with no plans to extend the 90-day tariff pause

Trump denies 'chickening out' on tariffs amid frequent rate changes

US President Donald Trump wants the world to know he's no chicken just because he's repeatedly backed off high tariff threats. The Republican president's tendency to levy extremely high import taxes and then retreat has created what's known as the TACO" trade, an acronym coined by The Financial Times' Robert Armstrong that stands for Trump Always Chickens Out". Markets generally sell off when Trump makes his tariff threats and then recover after he backs down. Trump was visibly offended when asked about the phrase Wednesday and rejected the idea that he's chickening out", terming the reporter's inquiry nasty". "You call that chickening out? It's called negotiation, Trump said, adding that he sets a ridiculous high number and I go down a little bit, you know, a little bit" until the figure is more reasonable. Trump defended his approach of jacking up tariff rates to 145 per cent on Chinese goods, only to pull back to 30 per cent for 90 days of negotiations. Similarly, last week he

'I set the deal': Trump says trade agreements may come as soon as this week

While Trump did not name countries, he suggested trade deals may be finalised within weeks as talks progress with several nations including India amid tariff tensions and slowdown fears

Appeasing the US at the expense of Beijing won't be tolerated, warns China

China has strongly condemned any nation that reaches a trade deal with the Trump administration that may compromise Beijing as US-China trade war escalates

First shockwaves of Trump's trade tariffs about to hit global economy

International Monetary Fund is set to lower its outlook for economic growth in new projections released on Tuesday

From tariff flip-flops to power plays: Donald Trump's art of making a deal

From real estate to trade wars, Donald Trump's deal-making thrives on chaos, intimidation, and theatrics-a playbook he described in his 1987 bestseller

US tariffs signals end to era of free trade: Singapore PM Lawrence Wong

Wong also criticised the US's policy to address the country's trade imbalances by imposing tariffs. Wong believes that running a trade deficit is not inherently negative

What is the US trying to achieve through reciprocal tariffs? Explained

It could be easier for India to deal with reciprocal tariffs by increasing imports from the US to protect its existing exports to the US, said analysts at Kotak Institutional Equities.

Trump claims tariffs averted Great Depression, but history disagrees

In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and manufacturers from foreign competition: tariffs. President Herbert Hoover signed the Smoot-Hawley Tariff Act in 1930, even as many economists warned that the levies would prompt retaliatory tariffs from other countries, which is precisely what happened. The US economy plunged deeper into a devastating financial crisis that it would not pull out of until World War II. Most historians look back on Smoot-Hawley as a mistake that made a bad economic climate much worse. But tariffs have a new champion in President Donald Trump. Like Trump, Hoover was elected largely because of his business acumen. An international mining engineer, financier and humanitarian, he took office in 1929 like an energetic CEO, eager to promote public-private partnerships and use the levers of government to promote economic .

Trump rejects market rout fears, displays defiance on global tariffs

Trump's remarks underscored those of his top economic officials, who fanned out across the airwaves Sunday to argue the virtues of Trump's plan

From GATT to WTO: How Trump's tariffs are pushing global trade rules

Trump's new reciprocal tariffs raise concerns over WTO limits, trade law violations, and the future of global tariff rules

Trump announces 27% tariffs on imports from India in 'kind reciprocal' move

Donald Trump imposes 26% tariff on Indian imports, citing 'unfair trade practices' and vowing to end decades of imbalances in US foreign trade policy

Trump announces 27% tariffs on Indian imports, but others are hit harder

Donald Trump imposes 26 per cent tariffs on Indian imports as part of sweeping trade levies, but several Asian nations face even higher rates. Check details

Asia braces for historic test of export model from Trump's tariff threats

Treasury Secretary Scott Bessent said in March that the reciprocal levies slated for April 2 will target the dirty 15 that have substantial trade flows and barriers with the US

S Korea, China, Japan agree to promote regional trade as Trump tariffs loom

The countries' three trade ministers agreed to 'closely cooperate for a comprehensive and high-level' talks on a South Korea-Japan-China FTA

Donald Trump's 25% tariff on all steel, aluminium imports take effect

The decision to impose a 25 per cent tariff on all steel and aluminium imports comes after Trump backtracked on his 50 per cent tariff threat to Canada, just hours after making it

Why Indian stock markets rallied despite Trump's reciprocal tariff threat?

According to Ambreesh Baliga, an independent analyst, "It's essentially a pullback rally following a prolonged decline in the Indian market."

Piyush Goyal heads to US for talks as Trump tariffs loom, say officials

Goyal's visit was sudden, as he departed after cancelling previously scheduled meetings until March 8