Page 11 - Trump Tariff

Trump threatens sanctions over Iranian oil: What it means for India, China

US-Iran talks, scheduled for May 3rd, have been postponed due to 'logistical reasons'

As Trump closes China shipping loophole, prices to rise for US consumers

Trump last month signed an executive order closing a loophole that has allowed items from China and Hong Kong valued at no more than $800 to enter the US without customs declarations and import duties

Kids may get 2 dolls in US, but China will suffer from trade war: Trump

Donald Trump, through his remarks, has tried to reassure Americans that the tariffs will not result in a recession

Tesla board rejects new CEO search reports, backs Musk to lead growth plans

According to WSJ report, Tesla's eight-member board is also seeking to appoint an independent director

Tariffs politically risky, but won't rush trade deals, says Trump

Trump went on to agree there was a significant political risk to his efforts, and that they could result in Republicans losing control of the House of Representatives

Ford CEO welcomes tariff relief, urges broader trade reforms for growth

Ford Motor Company's top executive on Wednesday welcomed revisions to auto import rules but said more work is needed to craft trade policies that spur growth in the US auto industry. Ford CEO Jim Farley touted his company's domestic production, saying it outpaces competitors, as he attended the rollout of the company's 2025 Expedition SUV at its massive truck plant in Kentucky. Farley focused on trade policies during his remarks to plant workers, a day after President Donald Trump signed executive orders to relax some of his 25 per cent tariffs on automobiles and auto parts. The changes this week on tariff plans will help ease the impact of tariffs for automakers, suppliers and consumers, Farley said. But this is what we really care about. We need to continue to work closely with the administration on a comprehensive set of policies to support our shared vision of that healthy and growing auto industry. And we are not there yet. Farley pointed to Ford's Kentucky Truck Plant, which

Hoping to regain investor trust, China enacts its first private sector law

China's Private Economy Promotion Law aims to level the playing field for private firms, protect against unfair treatment, and revive business confidence amid US trade tensions

Starbucks earnings disappoint as CEO Niccol's strategy hits US roadblocks

Investors have placed their bets on Niccol's turnaround strategy for the brand, whose sales have fallen for four straight quarters

Walmart tells Chinese suppliers to resume shipments amid US trade war

Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in container bookings

Retailers warn of empty shelves as US-China trade war disrupts shipments

Many logistics firms are storing goods in warehousing or rerouting through Canada to wait out the tariff war

Slumping approvals, Americans divided: Trump's 100 days in office

American disapproval stems from the Trump administration's tariff hikes, federal agency job and funding cuts, and overuse of executive orders for major policy decisions

Nations forced to choose sides as US-China economic tensions intensify

One went to the United States. The other went to China. It was a sign of the times. While the Swiss president was in Washington last week to lobby US officials over President Donald Trump's threatened 31% tariff on Swiss goods, the Swiss foreign minister was in Beijing, expressing his nation's willingness to strengthen cooperation with China and upgrade a free trade agreement. As Trump's trade war locks the world's two largest economies on a collision course, America's unnerved allies and partners are cosying up with China to hedge their bets. It comes as Trump's trade push upends a decade of American foreign policy including his own from his first term toward rallying the rest of the world to join the United States against China. And it threatens to hand Beijing more leverage in any eventual dialogue with the US administration. With Trump saying that countries are kissing my ass to negotiate trade deals on his terms or risk stiff import taxes, Beijing is reaching out to countries

China's trade, economy tsar steps into spotlight amid Trump tariffs

China has repeatedly denied that tariff-related negotiations were ongoing, though on Friday it exempted some US goods from its retaliatory tariffs

Ad firms brace for pullback in client marketing spend amid tariff woes

The car industry, one of the sectors most vulnerable to a trade war, is likely to lead the way in curtailing ad spend

US economy showed signs of weakness even before trade tensions escalated

The US government's initial estimate of first-quarter gross domestic product is projected to show the economy expanded at a 0.4 per cent annualised rate, the weakest in nearly three years

Apple to move entire US-bound iPhones' assembly from China to India by 2026

Production of more than 60 million iPhones sold in the United States will be moved to Indian factories as trade tensions with China continue

China considers rolling back 125% tariff on key US imports amid trade war

US-China trade war: The rollback would impact key industries such as medical equipment and industrial chemicals

Trump tariffs to hit low-income Americans harder than richest: Report

Those making $28,600 or less would have to spend 6.2% more of their income due to higher prices, while the richest Americans with income of at least $914,900 are expected to spend 1.7%

China denies trade talks with US, contradicts Trump's tariff war claims

China has reiterated that Beijing is open to dialogue with the United States, however, negotiations must be equal, respectful, and reciprocal

Asian shares trade mixed as uncertainty persists over Trump's tariff plans

Asian shares traded mixed Thursday, as worries crept back following a Wall Street rally that came after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. Japan's benchmark Nikkei 225 added nearly 0.9 per cent in morning trading to 35,168.80. Australia's S&P/ASX 200 rose 0.6 per cent to 7,966.50. South Korea's Kospi lost 0.5 per cent to 2,513.17. Hong Kong's Hang Seng declined 0.3 per cent to 22,005.16, while the Shanghai Composite gained 0.4 per cent to 3,309.12. Calling Trump's policy announcements headline turbulence, Tan Jing Yi of the Asia & Oceania Treasury Department at Mizuho Bank warned that global economies could be hurt in the long run, adding, Sentiments swing from hopes of intense relief to inflicted economic gloom. On Wall Street, the S&P 500 climbed 1.7 per cent and added to its big gain from Tuesday that more than made up for a steep loss on Monday. The Dow Jones Industrial Average rose 419 .