Reuters US Business

By Aditya Kalra, Abhijith Ganapavaram and Munsif Vengattil NEW DELHI (Reuters) – Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat President Donald Trump’s tariffs, sources told Reuters. The …

Apple airlifts 600 tons of iPhones from India ‘to beat’ Trump tariffs, sources say Read More »

By Andrea Shalal, Jonathan Saul, Lisa Baertlein WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Wednesday aimed at reviving U.S. shipbuilding and reducing China’s grip on the global shipping industry, vowing to boost funding for the effort in coming years. Republican and Democratic U.S. lawmakers for years have warned about China’s growing …

Trump signs executive order seeking to revitalize US shipbuilding Read More »

By Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – India wants to move quickly on a trade deal with the United States, a government official said on Thursday, after President Donald Trump’s decision to pause reciprocal tariffs on dozens of countries, while hiking levies on China. India and the United States agreed in February …

India seeks quick US trade deal as Trump tariffs paused Read More »

By Andrew Silver and Casey Hall SHAOXING, China (Reuters) -Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven’t. U.S. President Donald Trump has raised tariffs on Chinese …

Has Trump cancelled Christmas? China’s decorations makers report no US orders Read More »

By Pesha Magid and Manya Saini RIYADH/DUBAI (Reuters) – Tesla starts selling cars in Saudi Arabia on Thursday, a country where on a 900-kilometre (559 mile) stretch of its main east-west highway linking the capital Riyadh and the holy city of Mecca there isn’t a single charging station. Electric vehicle sales in the kingdom totalled …

Analysis-In Saudi debut, Tesla faces desert heat, few chargers, but no Musk protests  Read More »

By Davide Barbuscia and Carolina Mandl NEW YORK (Reuters) – The searing selloff in Treasuries this week in response to tariffs caused dislocations in the world’s biggest bond market, as hedge funds unwound some debt-fuelled bets and investors raised concerns about lasting damage to U.S. markets. While the market participants, who include brokers, traders and …

Analysis-Tariffs caused US Treasury market dislocations, raising longer term concerns Read More »

By Kenrick Cai Las Vegas (Reuters) -Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity despite turmoil over U.S. tariffs and sought to reassure investors that its AI plans were yielding good returns. Investors are fretting about the massive capital costs of AI …

Alphabet reaffirms $75 billion spending plan in 2025 despite tariff turmoil Read More »