Tariffs
US: Wall St sell-off sparked by Trump tariffs, Amazon results, weak payrolls
[NEW YORK] Wall Street’s main indexes declined sharply on Friday (Aug 1) as new US tariffs on dozens of trading partners and Amazon’s unimpressive earnings weighed on sentiment, while...
Trump tariffs take US$1-billion bite out of GM earnings, shares fall
[BENGALURU] General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday (Jul 22), supported by strong...
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
[JAKARTA] Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US engineering firm KBR to build 17 modular refineries, according to...
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 Bloomberg Economics (BE). Tariffs now set at roughly 40 per...
Trump tariffs to decimate China profits: analysis
Most of China’s industries cannot survive US President Donald Trump’s tariffs at current levels, according to a new analysis by Bloomberg Economics (BE). Tariffs now set at roughly 40 per...
Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this yearPublished Fri, Jul 18, 2025 · 09:39 PM[Stuttgart] Porsche warned its employees to brace for further...
Japan’s SMEs ready to adapt to Trump tariffs
[TOKYO] Small and medium-sized (SME) firms such as Mitsuwa Electric that form the backbone of Japan’s economy have weathered many storms over the decades, and company president Yuji Miyazaki...
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarterPublished Thu, Jul 17, 2025 · 04:06 PM[STOCKHOLM] Volvo Car posted a US$1.03 billion operating loss in...
