Tariffs
Temu ditches Chinese imports model to avoid Trump’s tariffs
[NEW YORK] Temu is abandoning the model centred around cheap Chinese imports that catapulted it to success in the US, aiming to sell only goods from local merchants to...
Nike, Adidas call on Trump to exempt footwear from tariffs
Published Sun, May 4, 2025 · 08:00 AM[NEW YORK] A trade association representing footwear producers has asked the Trump administration to consider tariff exemptions for its products, saying the...
Shorter-duration bonds shine in Asia as Trump’s tariffs roil markets
[SINGAPORE] US President Donald Trump’s tariffs shook markets across asset classes, sending investors searching for shelter. Some landed on cash, some on gold, but some money managers are finding...
General Motors Cuts 2025 Profit Forecast as Tariffs Undercut $5 Billion, Plans US Expansion
The year 2025 has been a tumultuous one for the US auto industry, with changing trade policies causing significant upheaval, with General Motors (GM) coming under pressure with a...
Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs: research firm
CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made electric cars, data released on Friday showed.The two brands...
US tariffs provide opportunities for Greenlink Digital Bank: chairman
[SINGAPORE] The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB).
GLDB chairman Geng Jing believes that the tariffs could spur deeper...
Automakers could still face up to US$12,000 impact per car from tariffs
[WASHINGTON] A Michigan-based economic consulting group said on Thursday that automakers will still face a US$2,000 to US$12,000 tariff impact per vehicle despite the White House moving to soften trade levies...
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
[DUBLIN] Ryanair on Thursday (May 1) threatened to cancel orders for hundreds of Boeing aircraft if a US-led tariff war leads to materially higher prices, and said it could...
