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

Tariffs

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
Business|Economy|Finance|US

Pre-tariffs buying fuels US retail sales, weakness lies ahead

U.S. retail sales increased by the most in more than two years in March as households stepped up purchases of motor vehicles and a range of other goods to avoid

Pre-tariffs buying fuels US retail sales, weakness lies ahead
Business|Economy|Political|World

WTO slashes 2025 trade growth forecast, warns of deeper slump

The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying

WTO slashes 2025 trade growth forecast, warns of deeper slump
Business|Economy|Political|US

Retail sales surged in March as Americans rushed to beat Trump’s tariffs

Retail sales surged in March as Americans rushed to beat Trump’s tariffs

Retail sales surged in March as Americans rushed to beat Trump’s tariffs
Economy|Election|Finance|Political|Stock Markets|US

Older Arizona voters are closely watching Trump's tariffs — and their retirement accounts

President Donald Trump was elected with a promise to improve the economy, lower taxes and control inflation, addressing voters who said the economy was the country's top issue

Older Arizona voters are closely watching Trump's tariffs — and their retirement accounts
Business|Economy|Finance|Opinion|Stock Markets|US

Fed gives market a breather

(The opinions expressed here are those of the author, a columnist for Reuters.)

Fed gives market a breather
Business|Economy|Finance|Stock Markets|Technology|US

US stocks get boost from tariff exemptions but trade war confusion persists

US stocks get boost from tariff exemptions but trade war confusion persists

US stocks get boost from tariff exemptions but trade war confusion persists
Asia|Business|Economy|US|World

What are the thorny farm issues in India-US trade negotiations?

India and the United States have finalised the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade

What are the thorny farm issues in India-US trade negotiations?
Business|Economy|Finance|Political|Stock Markets|Technology|US

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game
Business|Economy|Finance|Political|Stock Markets|US

Trump team tries to project confidence and calm after his tariff moves rattled markets

White House advisers and Cabinet members are trying to project confidence and calm as they defend President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs

Trump team tries to project confidence and calm after his tariff moves rattled markets
Business|Economy|Finance|Political|Stock Markets|World

Gold soars past $3,200 as trade war deepens, dollar loses ground

Gold blazed past the $3,200 mark on Friday, as a faltering dollar and an escalating U.S.-China trade war stirred recession fears, sending investors flocking to the safety of

Gold soars past $3,200 as trade war deepens, dollar loses ground
Business|Economy|Finance|Political|US

Tariffs angst sinks US consumer sentiment, boosts inflation expectations

U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating

Tariffs angst sinks US consumer sentiment, boosts inflation expectations
Asia|Business|Economy|US

Thailand will cut tariffs on US corn imports, minister says

Thailand will cut tariffs on imports of corn from the United States, but volumes still need to be finalised, the finance minister said on Friday.

Thailand will cut tariffs on US corn imports, minister says
Business|Economy|Finance|Political|US

Another inflation report underlines the strength of the US economy before Trump’s tariff chaos

Another inflation report underlines the strength of the US economy before Trump’s tariff chaos

Another inflation report underlines the strength of the US economy before Trump’s tariff chaos
Business|Economy|Finance|Political|Stock Markets|US

Investors in high anxiety mode after painful week

Trillions of dollars in market prices alternately have been wiped off and added back to portfolios, leading to high anxiety among investors and a

Investors in high anxiety mode after painful week
Business|Economy|Political|Technology|US

Trump's tariff confusion could leave aircraft deliveries in limbo

Cars, consumer goods, and industrial equipment have been delayed at ports, stuck on rail cars, and languished in warehouses at

Trump's tariff confusion could leave aircraft deliveries in limbo
Business|Economy|Europe|Finance|Political|Stock Markets|US

Trump's tariff pause only stokes more uncertainty for CEOs

U.S.

Trump's tariff pause only stokes more uncertainty for CEOs
Business|Economy|Finance|Political|Stock Markets|US

Wall Street's response to tariff shock: client calls and bonus worries

With markets crashing after U.S.

Wall Street's response to tariff shock: client calls and bonus worries
Business|Economy|Fashion and Beauty|Finance|US

US off-price chains poised to win as tariffs play to strengths in sourcing, inventory

Aggressive tariffs on China-made clothes, bags and shoes by U.S.

US off-price chains poised to win as tariffs play to strengths in sourcing, inventory
Business|Economy|Political|US

Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs

U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats

Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs
Business|Economy|Political|US

The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China

President Donald Trump has shared on Truth Social that he has “authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
Asia|Business|Economy|Finance|Political|Stock Markets|US

In stunning U-turn, Trump walks back some tariffs, triggering historic market rally

In a stunning reversal, U.S.

In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
Asia|Business|Economy|Political|US|World

South Korea trade envoy says Trump's tariff pause leaves room for negotiations

South Korea's top trade envoy Cheong In-kyo said on Thursday that U.S.

South Korea trade envoy says Trump's tariff pause leaves room for negotiations
Business|Economy|Finance|Political|Stock Markets|Technology|US

These tech leaders donated to Trump. Now they’re out billions of dollars

These tech leaders donated to Trump. Now they’re out billions of dollars

These tech leaders donated to Trump. Now they’re out billions of dollars
Business|Economy|Political|US

US importers, whip-sawed by tariff uncertainty, move to sidelines

So many U.S. companies rushed in goods to avoid President Donald Trump's threatened tariffs that imports soared to near-record levels in recent weeks.

US importers, whip-sawed by tariff uncertainty, move to sidelines
Business|Economy|Finance|Political|US|World

The United States and China are locked in a faceoff over tariffs. No one wants to blink first

The tariff fight between the world’s two largest economies has spiraled into greater peril

The United States and China are locked in a faceoff over tariffs. No one wants to blink first
Business|Economy|Political|US

Senate Republicans express relief after Trump pauses tariff plans

As news that President Donald Trump was backing down on most of his tariffs reached a luncheon of Senate Republicans Wednesday, the room reacted with relief, cheers and smiles

Senate Republicans express relief after Trump pauses tariff plans
Business|Economy|Finance|Political|US

Federal Reserve could be in 'difficult' spot with higher prices, slower hiring

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month’s meeting

Federal Reserve could be in 'difficult' spot with higher prices, slower hiring
Business|Economy|Political|US

Trump says 90-day pause is for countries that didn't retaliate

U.S.

Trump says 90-day pause is for countries that didn't retaliate
Asia|Business|Economy|Political|US

Tariffs on China set to rise to at least 104% on Wednesday, White House says

Tariffs on China set to rise to at least 104% on Wednesday, White House says

Tariffs on China set to rise to at least 104% on Wednesday, White House says
Asia|Business|Economy|Political|World

Limited options push China into trade 'war of attrition' with Trump

Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or

Limited options push China into trade 'war of attrition' with Trump
Business|Economy|Finance|Political|World

Brazil, Egypt and Singapore among potential winners from tariff onslaught

Days after U.S.

Brazil, Egypt and Singapore among potential winners from tariff onslaught
Business|Economy|Finance|Political|Stock Markets|US

Fintech companies caught up in tariff turmoil

Financial technology companies like Robinhood and buy now, pay later provider Affirm have been caught in the whirlwind of President Donald Trump's sweeping tariffs, sending

Fintech companies caught up in tariff turmoil
Business|Economy|Finance|Political|US

Nearly 50 countries want tariff deals, Trump trade chief Greer says

U.S.

Nearly 50 countries want tariff deals, Trump trade chief Greer says
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stocks mostly fall in rocky market as tariff war escalates

Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S.

Stocks mostly fall in rocky market as tariff war escalates
Business|Economy|Finance|Political|Stock Markets|US

This is the stock market’s worst start to a presidential term in modern history

This is the stock market’s worst start to a presidential term in modern history

This is the stock market’s worst start to a presidential term in modern history
Business|Economy|Political|US|World

US starts collecting Trump's 10% tariff, smashing global trade norms

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on

US starts collecting Trump's 10% tariff, smashing global trade norms
Europe|Political|US|World

Hundreds of protesters turn out in European cities against Trump

Hundreds of people protested in European cities on Saturday against U.S.

Hundreds of protesters turn out in European cities against Trump
Asia|Business|Economy|Finance|Stock Markets|US

S&P 500 loses $5 trillion in two days in Trump tariff selloff

Global stock markets extended their recent rout on Friday, with S&P 500 companies wiping out $5 trillion in stock market value since U.S.

S&P 500 loses $5 trillion in two days in Trump tariff selloff
Americas|Business|Economy|Finance

Canada's economy sheds 32,600 jobs in March

Canada's total employment fell and the unemployment rate ticked up to 6.7% in March, data showed on Friday, as uncertainty around tariffs and their subsequent implementation took a

Canada's economy sheds 32,600 jobs in March
Business|Economy|Europe|Finance|Political|Stock Markets|US

'Magnificent' bear

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets It's Friday, so today I'll provide a quick overview of what's happening in global

'Magnificent' bear
Business|Economy|Finance|Political|US

Trump's tariffs are largest US tax hike since 1968, JPM warns

U.S.

Trump's tariffs are largest US tax hike since 1968, JPM warns
Political|News

Trump's 25% tariff on imported cars raises concerns industry leaders

President Donald Trump’s recent announcement of a 25% tariff on imported cars and car parts is generating significant concern among U.S. consumers and industry leaders.  The tariffs – set to take effect on April 3 – aim to bolster domestic manufacturing by reducing reliance on foreign-made vehicles and components. However, experts warn these measures could lead to higher prices and supply chain disruptions. Industry leaders express concern over the tariffs’ potential impact on the automotive supply chain. The Wall Street Journal reports that U.S. manufacturers are already facing challenges due to previous tariffs on steel and aluminum, which have disrupted

Trump's 25% tariff on imported cars raises concerns industry leaders
Business|Economy|Political|Stock Markets|US

Global stocks, and yields, plunge as Trump tariffs fan trade war fears

World markets were slammed on Thursday by U.S. President Donald Trump's unveiling of reciprocal tariffs to match duties put on U.S. goods by other countries.

Global stocks, and yields, plunge as Trump tariffs fan trade war fears
Economy|Political|US

Trump's tariffs aren't strictly reciprocal. Here's how he calculated them

President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods

Trump's tariffs aren't strictly reciprocal. Here's how he calculated them
Business|Economy|Political|US

US service sector growth nearly brakes in March

The U.S. services sector slowed to a nine-month low in March, backing expectations that economic growth likely braked sharply in the first quarter amid

US service sector growth nearly brakes in March
Business|Economy|Finance|Political|Stock Markets|US|World

Investors stunned by Trump tariffs prepare for global growth shock

Big investors reeling from the shock of U.S.

Investors stunned by Trump tariffs prepare for global growth shock
Business|Economy|Political|US

Executives, trade and labour associations on Trump's reciprocal tariffs

U.S.

Executives, trade and labour associations on Trump's reciprocal tariffs
Asia|Business|Economy|Fashion and Beauty|Political|US|World

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India

Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S.

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
Business|Economy|Political|US|World

World leaders condemn Trump's tariffs, some pledge retaliation

Countries across the world, including some of America's closest allies, condemned President Donald Trump's announcement of reciprocal tariffs and some pledged counter-measures while hoping

World leaders condemn Trump's tariffs, some pledge retaliation