News

Caribbean rum distillers struggling with industry's future as Trump continues imposing tariffs
The tariffs that President Trump has imposed on several countries also include the rum-producing and exporting Caribbean ...
US Weighs Plan to Lower China Tariffs to as Low as 50%, New York Post Reports
WASHINGTON (Reuters) -The Trump administration is weighing a plan to slash the 145% tariff on Chinese imports by more than ...
SMIC to closely monitor impact of tariffs on demand, says co-CEO
China's semiconductor foundry, Semiconductor Manufacturing International Corporation (SMIC), will closely monitor the impact ...
Ford first-quarter profits down; company expects $1.5 billion impact from tariffs this year
Ford Motor Co. reported first quarter profits down across all its divisions, but it said it has managed to mitigate some ...
US removes tariffs on UK steel and aluminium, and cuts car rate to 10%, as Trump and Starmer unveil deal
In return, the UK says it has "agreed new reciprocal market access on beef", while removing the tariff on US ethanol.
The EU publishes a US product hit list and prepares for WTO action against Trump's tariffs
The European Union published on Thursday a list of U.S. imports that it would target with retaliatory duties if no solution ...
Trump lowers tariffs on James Bond's cars but spectre remains on foreign films
Trump's tariffs left worldwide trade shaken and stirred but he said a United Kingdom trade deal means James Bond's cars ...
What world leaders have said about US tariffs — and how negotiations are going with Trump so far
Since President Donald Trump's April 2 tariff announcement global leaders have responded with mixed reactions.
New Jersey "Rinseroo" entrepreneur says tariffs are "literally business-busting"
A New Jersey entrepreneur who built her company from the ground up is worried about the impact tariffs are going to have on ...
US-UK agree deal slashing Trump tariffs on cars and metals
The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country ...
Trump's tariffs will hit hiring and marketing, but not AI spending, Goldman Sachs says
There's so much competition in the artificial space that companies will just keep on spending, Goldman Sachs' Eric Sheridan ...
The U.S. economy might be able to handle any disruption from Trump’s tariffs more easily than Wall Street expects
Lately, Wall Street economic commentary has been replete with ominous warnings. President Donald Trump’s tariffs are bound to ...