Tariffs
Canada will ‘adjust’ counter tariffs on US metals if no deal in 30 days
Published Fri, Jun 20, 2025 · 06:59 AM[OTTAWA] Canada will “adjust” its 25 per cent counter tariffs on US steel and aluminum in response to a doubling of US levies...
Swiss watch exports slump in May as US tariffs shake market
Asia exports slump as shipments to China, Japan and Hong Kong plunge by double digits in latest dataPublished Thu, Jun 19, 2025 · 04:06 PM[ZURICH] Swiss watch exports dropped...
GM dodges tariffs with production shift to US from Mexico
Published Wed, Jun 11, 2025 · 07:39 AMGENERAL Motors plans to invest US$4 billion in its US plants over the next two years to boost output of some of...
US aerospace industry anxious as tariffs loom
[NEW YORK] US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus...
Lululemon plunges with growth plans threatened by Trump tariffs
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing the company’s ambitious growth plans.The retailer is projecting sales in the...
US economic activity declines as tariffs pressure prices, Fed says
The report notes that firms with plans to pass along tariff-related costs to consumers expect to do so within three monthsPublished Thu, Jun 5, 2025 · 06:14 AM[NEW YORK]...
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and...
Trump signs order hiking steel, aluminium tariffs to 50%
[WASHINGTON] US President Donald Trump signed a directive on Tuesday (Jun 3) raising steel and aluminium tariffs to 50 per cent from 25 per cent starting on Jun 4,...
