Josh Staph fears the fun-packed shelves of his toy warehouse might start looking joyless in the months ahead, with made-in-China flying discs and model gliders grounded -– like much of his product line –- by Donald Trump’s tariffs.”Things have ground to a halt,” said Staph, chief executive of Duncan Toys Company, which has a warehouse …
Trump tariffs stunt US toy imports as sellers play for time Read More »
Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump’s tariff blitz and bubbling row with the Federal Reserve.With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the release of key data that should …
Gold hits record, dollar drops as tariff fears dampen sentiment Read More »
Thai authorities said they have arrested a Chinese executive at a company that was building a Bangkok skyscraper which collapsed in a major earthquake, leaving dozens dead.The 30-storey tower was reduced to an immense pile of rubble when a 7.7-magnitude quake struck neighbouring Myanmar last month, killing 47 people at the construction site and leaving …
Exec linked to Bangkok building collapse arrested Read More »
As the Trump administration attempts to choke off exports of strategically important computer chips to China, experts say the effort might well backfire, fueling innovation at Chinese firms that could help them seize the world semiconductor market.”What’s actually happening is that the US government right now is handing China a big win as it tries …
Analysts warn US could be handing chip market to China Read More »
The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic shipbuilding industry and curb China’s dominance in the sector.The move — which stems from a probe launched under the prior administration — comes as the United States and China are locked in a major …
US unveils new port fees for Chinese-linked ships Read More »
Tokyo led most Asian markets higher Friday on optimism about a Japan-US trade deal as investors keep tabs on countries’ tariff talks with the White House.US President Donald Trump’s remarks that he was reluctant to further hike levies on Beijing also provided a little support amid hope for an easing of tensions between the economic …
Tokyo leads gains in most Asian markets on trade deal hopes Read More »
Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week — with some fearing business may never return.China’s vast southern province of Guangdong, crisscrossed with factories making everything from clothing to electronics, has long been the country’s biggest manufacturing hub.For decades, it has …
China’s manufacturing backbone feels Trump trade war pinch Read More »
Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries’ tariff talks with the White House, while Donald Trump’s remarks that he was reluctant to hike levies on Beijing even more provided a little support.Governments around the world are lining up to visit the US president’s team as they look to …
Asian markets mixed as traders track tariff talks Read More »
Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world’s number four economy.The price of the grain has soared in recent months, prompting Japan’s government to release some of its emergency stockpile into the market.Excluding fresh food, consumer prices …
Japan rice prices soar as core inflation accelerates Read More »
President Donald Trump said Thursday that the United States was in talks with China on tariffs, adding that he was confident the world’s largest economies could make a deal to end a bitter trade war.”Yeah, we’re talking to China,” Trump told reporters in the Oval Office. “I would say they have reached out a number …
