Lutnick warns some South Korean, Taiwanese firms may face 100% chip tariffs unless they invest in US
US Commerce Secretary Howard Lutnick said South Korean memory chipmakers and Taiwanese companies that are not investing in the US ...
Tag: Tariffs
China lowers EU pork tariffs in final ruling after 18-month probe
China on Tuesday (Dec 16) sharply reduced tariffs on European Union pork imports worth over US$2 billion in the final ...
US: S&P 500 ends down 2.7% after Trump warns of big China tariffs
Wall Street stocks tumbled Friday (Oct 10) after US President Donald Trump threatened “massive” tariffs on China, reviving trade war ...
Fed’s Goolsbee says new tariffs renewing business uncertainty
Inflation remains above the central bank’s 2% goal and has accelerated since April, according to policymakers’ preferred gauge US Federal ...
Asian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly ...
Nikkei ends at over 2-week high as Trump lowers tariffs on Japanese automobiles
Japan’s Nikkei share average closed at a more-than two-week high on Friday (Sep 5) as auto shares rose after US ...
US: Wall St sell-off sparked by Trump tariffs, Amazon results, weak payrolls
Wall Street’s main indexes declined sharply on Friday (Aug 1) as new US tariffs on dozens of trading partners and ...
Trump tariffs take US$1-billion bite out of GM earnings, shares fall
General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the ...
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US engineering firm ...
Trump tariffs to decimate China profits: Bloomberg Economics
Most of China’s industries can’t survive US President Donald Trump’s tariffs at current levels, according to a new analysis by ...
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