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Today: April 28, 2025
Today: April 28, 2025

Tariffs

Economy|Americas|Business|Local|News|US|WrittenByLAPost

Port of L.A. Director: ‘In two weeks time, arrivals will drop by 35%’ due to tariffs

The Executive Director of the Port of Los Angeles predicted Thursday that arrivals at his port would drop by more than a third in the coming weeks.

Port of L.A. Director: ‘In two weeks time, arrivals will drop by 35%’ due to tariffs
Business|Economy|Finance|Stock Markets|US

P&G looks to raise prices as tariffs hit costs and force forecast cuts

Pampers maker Procter & Gamble said on Thursday it would raise prices on some products to cover the impact on input costs from the trade war and

P&G looks to raise prices as tariffs hit costs and force forecast cuts
Business|Economy|US|World

Nestle, rivals ease US price hikes in bid for anxious American shopper

Household goods and packaged food makers are easing U.S. price increases to avoid losing American shoppers to retailers' less expensive private-label brands as a

Nestle, rivals ease US price hikes in bid for anxious American shopper
Business|Economy|Technology|US|World

LG considers raising prices, moving production due to tariffs

LG Electronics is considering price increases for some products in response to U.S. tariffs and is also reviewing its options for shifting production of home appliances to the United

LG considers raising prices, moving production due to tariffs
Election|Political|US|World

Trump's surprising unifying effect ahead of the Canadian election

Donald Trump is unifying national voters from all parties….just not in the US. Canada’s voters say their upcoming national election will be a turning point in their relationship with America as tariffs and insults have resulted in a surge of patriotism. Some voters say they are rethinking their approach, even planning to change which party they vote for in hopes of a stronger response to the United States.

Trump's surprising unifying effect ahead of the Canadian election
Business|Economy|Stock Markets|US

Toymaker Hasbro's first-quarter results beat on gaming unit strength

Hasbro's quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gaming segment, sending the toymaker's shares up about 12%.

Toymaker Hasbro's first-quarter results beat on gaming unit strength
Asia|Business|Economy|US|World

China denies any suggestion it is currently in talks with the US over tariffs

China has denied any suggestion it's in active negotiations with the administration of U_S_ President Donald Trump over tariffs, saying any notion of progress in the matter is as groundless as “trying to catch the wind.”

China denies any suggestion it is currently in talks with the US over tariffs
Business|Economy|Political|US|World

Trump trade war spreads more gloom across businesses worldwide

Businesses across multiple industries are hiking prices, backing away from previous financial guidance and warning of

Trump trade war spreads more gloom across businesses worldwide
Business|Economy|Finance|Stock Markets|US

Fed officials argue for patience while gauging tariff impact

By Michael S.

Fed officials argue for patience while gauging tariff impact
Business|Economy|US|World

Freeport-McMoRan profit slightly beats, flags higher costs amid tariffs

Copper miner Freeport-McMoRan reported a first-quarter profit on Thursday that slightly beat Wall Street's expectations but said tariffs proposed by U.S.

Freeport-McMoRan profit slightly beats, flags higher costs amid tariffs
Business|Economy|Political

Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds

An Associated Press-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering

Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds
Business|Economy|Finance|Stock Markets|US

One of Trump’s billionaire supporters has harsh words for the president about his trade war

One of Trump’s billionaire supporters has harsh words for the president about his trade war

One of Trump’s billionaire supporters has harsh words for the president about his trade war
Business|Economy|Finance|World

U.S. and South Korea had 'very successful' trade talks, Bessent says

The U.S. and South Korea had a "very successful" meeting on Thursday, Treasury Secretary Scott Bessent said, as the two countries opened

U.S. and South Korea had 'very successful' trade talks, Bessent says
Business|Economy|Finance|Stock Markets

Dour sentiment readings threaten relief rally

A look at the day ahead in European and global markets from Rocky Swift Europe's souring business sentiment looks likely to put stocks on the defensive on Thursday, as President Donald Trump's erratic

Dour sentiment readings threaten relief rally
Business|Economy|Finance|US|World

Japan urges G20 to stabilise markets, warns of US tariff damage

Japanese Finance Minister Katsunobu Kato on Wednesday urged G20 counterparts to cooperate in stabilising markets, warning that U.S. tariffs and countermeasures

Japan urges G20 to stabilise markets, warns of US tariff damage
Business|Economy|Finance|Stock Markets|World

Singapore's high-yield stocks gain from tariff-induced flight to safety

As reverberations from U.S.

Singapore's high-yield stocks gain from tariff-induced flight to safety
Asia|Business|Economy|Technology|US|World

Boeing poised to resell jets as tariffs hit China trade

Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to

Boeing poised to resell jets as tariffs hit China trade
Economy|Political|Technology|US|World

From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals

State lawmakers across the U.S. have introduced at least 240 anti-China proposals this year

From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals
Economy|Political|US|World

Days before Canada's election, Trump insists that Canada needs the US more than the US needs it

President Donald Trump says Canada would “cease to exist” if it weren’t for the United States

Days before Canada's election, Trump insists that Canada needs the US more than the US needs it
Business|Economy|Finance|US

Trump says 25% tariff on cars made in Canada could go up

President Donald Trump on Wednesday said a 25 percent tariff imposed on cars imported from Canada to the United States could go up.

Trump says 25% tariff on cars made in Canada could go up
Business|Economy|Technology|US

Trump to exempt carmakers from some US tariffs, FT says

U.S.

Trump to exempt carmakers from some US tariffs, FT says
Economy|Political|US|World

The Latest: US stocks are leaping amid a worldwide rally

US stocks are leaping amid a worldwide rally after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent said he expects a “de-escalation” in what he called an unsustainable tariffs showdown against China

The Latest: US stocks are leaping amid a worldwide rally
Business|Economy|Finance|Stock Markets|Technology

Chipmaker TI's rosy forecast soothes tariff worries, for now

Texas Instruments forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on robust demand for its analog chips even as the threat of U.S.

Chipmaker TI's rosy forecast soothes tariff worries, for now
Business|Economy|Political|World

Twelve states sue the Trump administration over ‘tax hikes’ through tariffs

Twelve states sue the Trump administration over ‘tax hikes’ through tariffs

Twelve states sue the Trump administration over ‘tax hikes’ through tariffs
Business|Economy|Political

Trump plans to exempt carmakers from some tariffs, FT reports

U.S. President Donald Trump is planning to spare carmakers from some tariffs, The Financial Times reported on Wednesday, citing two people with knowledge of the matter.

Trump plans to exempt carmakers from some tariffs, FT reports
Business|Economy|US|World

China, US seek to portray each other as bullies at UN

China and the United States accused each other of unfair trade practices at an informal United Nations Security Council meeting on Wednesday, seeking to

China, US seek to portray each other as bullies at UN
Business|Economy|Finance|US|World

UK won't rush to reach trade deal with U.S., finance minister Reeves says

Britain's government is not in a rush to secure a trade deal with U.S.

UK won't rush to reach trade deal with U.S., finance minister Reeves says
Business|Economy|Technology|US|World

America’s biggest exporter was already on the ropes. Then came tariffs

America’s biggest exporter was already on the ropes. Then came tariffs

America’s biggest exporter was already on the ropes. Then came tariffs
Business|Economy|Finance|Stock Markets|US

Wall Street rallies as worries about tariff war, Powell tenure subside

The benchmark S&P 500 US stock Index rallied to a two-week high on Wednesday on hopes for a de-escalation in the U.S.-China trade war and as President Donald Trump scaled back his threats

Wall Street rallies as worries about tariff war, Powell tenure subside
Business|Economy|Finance|Political|Stock Markets|US

Citadel's Griffin says Trump needs to be careful about Treasuries' brand

Citadel's founder and CEO Kenneth Griffin said on Wednesday that U.S.

Citadel's Griffin says Trump needs to be careful about Treasuries' brand
Asia|Business|Economy|Political|World

China's President Xi says tariffs and trade wars hurt world economic order

Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and

China's President Xi says tariffs and trade wars hurt world economic order
Americas|Asia|Business|Economy|US|World

Hapag-Lloyd says 30% of China's US bound shipments have been cancelled

Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest

Hapag-Lloyd says 30% of China's US bound shipments have been cancelled
Business|Economy|US|World

Lindt holds back on Canada supply shift, boosts local stocks

Swiss chocolate maker Lindt & Spruengli said it is still working out how to deal with the escalating trade war launched by U.S.

Lindt holds back on Canada supply shift, boosts local stocks
Business|Economy|Finance|Stock Markets|US

US oil refiners' Q1 profits likely fell despite stronger margins

Investors are expecting top U.S. refiners to report quarterly losses, even as their margins improve, as they brace for the ripple effect from U.S.

US oil refiners' Q1 profits likely fell despite stronger margins
Business|Economy|Finance|US|World

US tariffs could shave up to half a percentage point off India GDP, says finance secretary

The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country's Finance

US tariffs could shave up to half a percentage point off India GDP, says finance secretary
Business|Economy|US|World

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn
Asia|Business|Economy|Technology|World

Trade war, safety concerns take centre stage at Shanghai auto show

China's annual auto shows have become the world's premier showcase for the rise of ever-cheaper, high-tech electric vehicles

Trade war, safety concerns take centre stage at Shanghai auto show
Business|Economy|Finance|Stock Markets|US

Trump's Fed backflip sets off relief rally

A look at the day ahead in European and global markets from Kevin Buckland Listening to President Trump on Tuesday, it's as if all the vitriol towards Fed boss Jay Powell - the threats, the name

Trump's Fed backflip sets off relief rally
Asia|Business|Economy|Europe|Technology|World

Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute

Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to find an "equitable solution" to create a level-playing

Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute
Business|Economy|Political|US

US court keeps Trump tariffs in force against group of small businesses

A U.S. federal court on Tuesday allowed President Donald Trump's tariffs against a group of small businesses to remain in force for now, saying the businesses

US court keeps Trump tariffs in force against group of small businesses
Business|Economy|Finance|Stock Markets

Woodside weighs Trump tariff impact on $1.2 billion Louisiana LNG project

Woodside Energy , Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its

Woodside weighs Trump tariff impact on $1.2 billion Louisiana LNG project
Business|Economy|Finance|US

Trump says US will set terms if China does not do a trade deal

President Donald Trump said on Tuesday that if China does not agree to a deal on trade, the U.S. will set the terms.

Trump says US will set terms if China does not do a trade deal
Business|Economy|Political|US

IMF slashes global outlook as White House says trade talks pick up pace

Worldwide economic output will slow in the months ahead as U.S.

IMF slashes global outlook as White House says trade talks pick up pace
Asia|Business|Economy|Political|World

Beijing warns countries against colluding with US to restrict trade with China

Beijing warns countries against colluding with US to restrict trade with China

Beijing warns countries against colluding with US to restrict trade with China
Business|Economy|Political|US

Strollers and other baby products will get more expensive -- and harder to find -- with tariffs

Raising a child in America has never been cheap

Strollers and other baby products will get more expensive -- and harder to find -- with tariffs
Business|Economy|Political|US

‘Chaotic’ tariff regime and trade war are leaving small businesses in their wake

‘Chaotic’ tariff regime and trade war are leaving small businesses in their wake

‘Chaotic’ tariff regime and trade war are leaving small businesses in their wake
Business|Economy|Political|US

US single-family housing starts tumble to an eight-month low in March

U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates

US single-family housing starts tumble to an eight-month low in March
Asia|Business|Economy|Political|US

Trump joins tariff talks with Japan as US seeks deals amid trade wars

President Donald Trump joined his economic advisers for White House negotiations Wednesday over tariffs and trade with a Japanese official

Trump joins tariff talks with Japan as US seeks deals amid trade wars
Business|Economy|Finance|Stock Markets|Technology|US

Trading Day: When the chips are down

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Tariffied once again The respite was too good to last

Trading Day: When the chips are down