Tariff
‘Nowhere to hide.’ How Apple and others in Silicon Valley are bracing for Trump tariffs
SAN FRANCISCO — The iPhone is a quintessentially 21st century product — Californian in its creation and design and now enmeshed in the global economy.Apple makes most of its iPhones...
Europe: Shares confirm correction in worst day since 2020 after China’s tariff response
[BENGALURU] European shares slumped on Friday (Apr 4), with the benchmark Stoxx 600 and Germany’s DAX confirming correction territory, as China’s retaliation to sweeping US tariffs intensified fears of...
US: Trump tariff tailspin worsens, Nasdaq confirms in bear market
[NEW YORK] Wall Street nosedived for a second straight day on Friday (Apr 4), confirming the Nasdaq Composite was in a bear market and the Dow Jones Industrial Average...
US: Stock market wipes out over US$5 trillion on Trump’s tariff war
[NEW YORK] US stocks tumbled on Friday (Apr 4), on pace for losses in six of the past seven weeks as strong labour data did little to mitigate anxiety...
Trump says he will extend TikTok’s sell-or-be-banned deadline
With a deadline to sell itself or be banned in the U.S. just hours away, TikTok got another last-minute reprieve from President Trump on Friday.“My Administration has been working...
China Retaliates with Massive 34% Tariff on US Goods Launching Major Trade War Response after Trump’s 34% Levy
China retaliated against President Donald Trump's broad "Liberation Day" tariffs on Friday by imposing its own 34 percent tariff on U.S. imports and introducing restrictions on some key rare...
Singapore shares dive a day after US unleashes tariff tsunami; STI down 3%
Across the broader market, decliners trump gainers 378 to 105, with 1.4 billion securities worth nearly S$2.9 billion changing hands[SINGAPORE] All but two constituents of Singapore’s 30-stock Straits Times...
General Motors to Ramp Up Production in the United States and Create Hundreds of New Jobs after Trump’s Tariff Announcement
General Motors on Thursday revealed plans to dramatically boost vehicle production in Indiana, a decision made in response to President Donald Trump's newly imposed tariffs. The announcement came just...