Tariff

China solar firms to speed up global push amid tariff truce
China solar firms to speed up global push amid tariff truce
[SHANGHAI] Chinese solar companies will continue their expansion into emerging overseas markets during a 90-day tariff truce between the US and China that brings a more stable trade environment,...
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
[TOKYO] The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on...
Tariff truce spurs Pacific trade rush, boosting global shippers
Tariff truce spurs Pacific trade rush, boosting global shippers
[HONG KONG] Importers rushing to ship Chinese goods to the US using a short reprieve from paralysing tariffs could provide a much-needed boost to global freighters.The surprise truce between...
Cost to ship goods from China jumps as tariff truce spurs demand
Cost to ship goods from China jumps as tariff truce spurs demand
The cost for a 40-foot container from Shanghai to Los Angeles has jumped 15.6 per cent from the prior week to US$3,136, the biggest gain in percentage terms since...
Japan’s megabanks forecast more record profits despite tariff uncertainty
Japan’s megabanks forecast more record profits despite tariff uncertainty
[TOKYO] Japan’s three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan. The...
Shein to set up huge Vietnam warehouse in US tariff hedge: sources
Shein to set up huge Vietnam warehouse in US tariff hedge: sources
[HANOI, SHANGHAI] Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, two people familiar with the deal told Reuters, its first in the country, in a move...
Shein lowers prices to lure back US shoppers after tariff cut
Shein lowers prices to lure back US shoppers after tariff cut
Levies have only been lowered for 90 days, and are still higher than before Trump retook officePublished Thu, May 15, 2025 · 02:22 PM[NEW YORK] Shein Group lowered US...
China to US ocean cargo bookings surge after tariff pause, Vizion says
China to US ocean cargo bookings surge after tariff pause, Vizion says
Published Thu, May 15, 2025 · 09:02 AM[LOS ANGELES] United States bookings for container transport from China to the US spiked almost 300 per cent in the wake of...
Sony sees 100 billion yen tariff hit in underwhelming outlook
Sony sees 100 billion yen tariff hit in underwhelming outlook
Even without the levies, the company’s projection falls shy of the average analyst estimate of 1.5 trillion yen and is essentially flat compared to the year concluded in March...
Crude oil climbs more than US.60 a barrel on tariff cuts, economic outlook
Crude oil climbs more than US$1.60 a barrel on tariff cuts, economic outlook
[HOUSTON] Crude oil futures climbed more than US$1.60 a barrel on Tuesday, lifted by a temporary cut in US-China tariffs and a better-than-expected inflation report.Brent crude futures settled at US$66.63 a...