Tariffs
Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales
[SEOUL] Samsung Electronics on Tuesday estimated a 0.2 per cent drop in first-quarter operating profit from a year earlier, beating analysts’ estimates by far on solid smartphone sales and...
Tesla shares drop amid auto tariffs and ‘brand crisis’
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by President Trump’s auto tariffs and...
Trump Threatens China with Additional 50% Tariffs if Beijing Does Not Roll Back Its 34% Retaliatory Tariffs Amid Global Market Meltdown
President Trump warned China that he would impose an extra 50% tariff if Beijing fails to cut down its 34% retaliatory tariff on U.S. goods by Tuesday, escalating his...
Tariffs continue to pummel Asian markets on Monday; Hong Kong sheds 13.2%
[SINGAPORE] The sell-off following US President Donald Trump’s sweeping tariff announcement last Wednesday continued to roil Asian markets on Monday (Apr 7), with the Hong Kong market faring the...
BOJ warns of heightened uncertainty as Trump tariffs batter markets
[TOKYO] The Bank of Japan said uncertainty over Japan’s economy was growing as some firms worried about the hit to profits from higher US duties, a sign President Donald...
Global Stocks Tumble as Wall Street Braces for Black Monday Rivaling Record 1987 Crash in the Wake of Trump’s Tariffs
Wall Street is on high alert, with fears mounting that Monday could repeat the 1987's devastating Black Monday — and that last week's market plunge might end up looking...
Japan’s Nikkei plunges over 8% as Asia markets continue selloff on Trump tariffs
No respite for Asian markets after massive losses last week after Trump’s tariff announcements[SINGAPORE] The selloff continued as Asian markets tumbled on Monday (Apr 7) morning, following US President...
Japan’s Nikkei plunges over 8% as Asia markets continue selloff on Trump tariffs
No respite for Asian markets after massive losses last week after Trump’s tariff announcements[SINGAPORE] The selloff continued as Asian markets tumbled on Monday (Apr 7) morning, following US President...
Elon Musk Explodes Over Trump-Era Tariffs as Stock Plummets and Ex-White House Insider Sparks Global Trade Firestorm
A major rift has emerged in the White House as Elon Musk publicly criticized Peter Navarro, a key adviser to President Donald Trump. Navarro is the main figure behind...
White House Says More Than 50 Countries Have Contacted Trump Administration as They Want to Make Fresh Deals on Tariffs
A White House advisor said that over 50 nations have contacted President Donald Trump's administration to discuss potential tariff agreements as they seek relief. "They're doing that because they...