Ford pulls guidance, warns it will take US$1.5 billion hit from Trump’s tariffs
Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies ...
Tag: Tariffs
US: Wall St opens lower after Trump’s fresh tariffs
Published Mon, May 5, 2025 · 09:46 PM Wall Street’s main indexes opened lower on Monday (May 5) after President ...
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Published Mon, May 5, 2025 · 05:16 PM Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, ...
US Fed expected to pause cuts again and wait for clarity on tariffs
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits ...
Temu ditches Chinese imports model to avoid Trump’s tariffs
Temu is abandoning the model centred around cheap Chinese imports that catapulted it to success in the US, aiming to ...
Nike, Adidas call on Trump to exempt footwear from tariffs
Published Sun, May 4, 2025 · 08:00 AM A trade association representing footwear producers has asked the Trump administration to ...
Shorter-duration bonds shine in Asia as Trump’s tariffs roil markets
US President Donald Trump’s tariffs shook markets across asset classes, sending investors searching for shelter. Some landed on cash, some ...
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, ...
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 ...
US tariffs provide opportunities for Greenlink Digital Bank: chairman
The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB). GLDB chairman Geng ...
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