India reacted cautiously on Thursday to US President Donald Trump’s sweeping tariffs, with the government saying it was examining both “implications” and “opportunities” from the duty hikes.Indian stocks fell at the open of trading on Thursday, with the benchmark Nifty index trading more than 0.3 percent down in the afternoon. Trump, speaking while unveiling the tariffs …
India eyes opportunity despite Trump tariffs hit Read More »
Across Asia, factory workers, directors, trade associations and analysts voiced concern Thursday that US President Donald Trump’s stinging tariffs could put jobs at risk and hammer key sectors of industry.Trump ramped up a global trade war as he imposed sweeping levies on imports into the United States on Wednesday, sparking worries about what the implications …
Trump tariffs spark fears for Asian jobs, exporting sectors Read More »
US President Donald Trump intensified a global trade war Wednesday as he slapped sweeping tariffs on imports from allies and foes alike, sending markets into a tailspin and upending decades-long free trade norms.The EU and China vowed retaliation against the levies, with Australia’s leader saying the new tariffs were “not the act of a friend” …
Trump escalates trade war with sweeping global tariffs Read More »
Japan slammed Thursday as “extremely regrettable” US President Donald Trump’s sweeping new tariffs, saying they may break WTO rules and the two countries’ trade agreement.Japanese firms are the biggest investors into the United States but Tokyo has failed to secure an exemption, with Trump announcing a hefty 24-percent levy on Japanese imports.”I have conveyed that …
Japan says US tariffs ‘extremely regrettable’, may break WTO rules Read More »
China on Thursday said it “firmly opposes” sweeping new US tariffs on its exports and vowed “countermeasures to safeguard its own rights and interests”.US President Donald Trump has ignited a potentially ruinous global trade war after imposing 10 percent levies on imports from around the world and harsh extra duties on key trading partners.The Commerce …
China says opposes new US tariffs, vows ‘countermeasures’ Read More »
After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a “declaration of economic independence.”A fresh “baseline tariff” of 10 percent will apply to economies around the world, with steeper rates tailored to those that Washington deemed as bad actors. But there are some exemptions.What are the …
Global financial markets were rocked on Wednesday by Donald Trump’s announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy.The US president laid out the new measures after Wall Street stock markets had closed. But his announcement still rippled through the markets that were open …
Financial markets tumble after Trump tariff announcement Read More »
Wall Street stocks finished higher Wednesday following a volatile session ahead of US President Donald Trump’s latest tariff announcements, while European stocks ended the day lower. After initially retreating ahead of Trump’s “Liberation Day” of new trade levies, US indices forged higher during the session amid hopes that markets have oversold in anticipation of the plan.But …
US stocks end up, but volatility ahead after latest Trump tariffs Read More »
US President Donald Trump on Wednesday unveiled a raft of punishing tariffs targeting countries around the world including some of its closest trading partners, in a move that risks sparking a ruinous trade war. Speaking in the White House Rose Garden against a backdrop of US flags, Trump slapped the most stinging tariffs on China and …
Business was already tough for auto parts maker Asahi Tekko, but with US car tariffs due to bite this week its president has a simple message for Donald Trump: “Give me a break.”The 425 workers at the company are some of the 5.6 million Japanese people employed directly or indirectly in the auto sector who …
‘Give me a break’: Trump tariffs threaten Japan auto sector Read More »
