Tariffs
Taiwan announces temporary short-selling curbs after US tariffs
[TAIPEI] Taiwan’s top financial regulator said on Sunday (Apr 6) that it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from US...
‘Nowhere to hide.’ How Apple and others in Silicon Valley are bracing for Trump tariffs
SAN FRANCISCO — The iPhone is a quintessentially 21st century product — Californian in its creation and design and now enmeshed in the global economy.Apple makes most of its iPhones...
China says ‘market has spoken’ after US tariffs spark sell-off
Trump has introduced additional 34 per cent tariffs on Chinese goods as part of steep levies imposed on most US trade partners[BEIJING] China said on Saturday (Apr 5) “the...
Dow Sheds Over 2,200 Points as Wall Street Bloodbath Continues, Wiping Out $6.4 Trillion in Two Days, as China Retaliates Against Trump’s Tariffs
The Wall Street bloodbath continued for the second straight session on Friday, with the Dow Jones Industrial Average plunging over 2,200 points, following China's announcement of harsh counter-tariffs in...
China hits back at US tariffs with export controls on key rare earths
[BEIJING/LONDON] China placed export restrictions on rare earth elements on Friday (Apr 4) as part of its sweeping response to US President Donald Trump’s tariffs, squeezing supply to the...
TikTok deal put on hold after China indicated it would reject it over tariffs: sources
[WASHINGTON] A deal to spin off the US assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs...
Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
[WASHINGTON] US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve chair...
Oil dives 7% to lowest in over three years on China’s tariffs
[HOUSTON] Oil prices plunged 7 per cent on Friday (Apr 4) to settle at their lowest in over three years as China ramped up tariffs on US goods, escalating...
Japan could lose US$17 billion in car exports due to US tariffs, says UN trade agency
The tariffs cover more than US$460 billion worth of US imports of vehicles and auto parts annually[GENEVA] Japan could lose US$17 billion in car export potential in the US...
Singapore stocks with regional exposure set to suffer spillover effects from Trump tariffs
[SINGAPORE] Singapore stocks with regional exposure could suffer “negative spillover” effects from slowing South-east Asia economies hurt by high Trump tariffs, CGS International analysts said.Among Asean countries, Cambodia, Vietnam...