Tariff
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
[HONG KONG] Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.Container liners such as Cosco Shipping...
Levi maintains 2025 outlook in face of tariff turbulence
[NEW YORK] Levi Strauss maintained a full-year outlook that excludes the impact from sweeping new US tariffs that are poised to significantly raise costs for multinational apparel companies.The San...
EU Proposes ‘Zero-for-Zero’ Tariff Policy to Remove Industrial Fees on US Goods after Trump’s Tariff Blitzkrieg Rattles Stock Markets
The European Union has proposed a "zero-for-zero" tariff agreement to the Trump administration, following the 20% import tariffs that Washington imposed last week. "We have offered zero-for-zero tariffs for...
Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President Donald Trump’s sweeping tariffs deepened...
Tariff worries continue to pummel Asian markets on Monday; Hong Kong sheds 13.2%
[SINGAPORE] The sell-off following US President Donald Trump’s sweeping tariff announcement last Wednesday continued to roil Asian markets on Monday (Apr 7), with the Hong Kong market faring the...
Australian shares drop 4% in worst session since pandemic on Trump tariff shock
[SYDNEY] Australian shares plunged on Monday (Apr 7), in their worst session since the pandemic began, as sweeping US tariffs under President Donald Trump fuelled recession fears and wiped...
Singapore banks lose over S$37 billion in market value as tariff sell-off continues
[SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by concerns over US tariffs.As at 12.50...
Trump’s tariff ‘medicine’ injects turmoil into global markets
[TOKYO] US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the duties as “medicine” and triggering further...
Marjorie Taylor Green Makes Massive Stock Market Moves to Secure Her Money Just Days Before Trump’s Tariff Announcement
U.S. Representative Marjorie Taylor Greene made hefty stock trades just days before former President Donald Trump announced sweeping new tariffs that sent wall Street crashing. Between March 16 and...
California is not Washington, D.C.”: Governor Gavin Newsom Defies Donald Trump’s Tariff Plans, Explores Trade Opportunities with China, Canada, and Mexico
California Governor Gavin Newsom is pushing back against Washington's trade policy, setting his state apart from President Donald Trump's new tariff plans. In a recent video posted on social...