Tag: Tariffs and trade
Nvidia makes history with $4 trillion market cap while markets brush off tariff worries
Traders seem to be unbothered that tariffs’ return to the spotlight could lead to another market crash. As stocks rose, Nvidia became the first...
Meet Apple’s next COO Sahib Khan, a 30-year veteran who will oversee the iPhone maker’s supply chain amid the ‘Trump tariff black cloud’
Apple named a new operational czar after longtime chief operating officer Jeff Wiliams announced his impending retirement Tuesday. The company promoted Sahib Khan to...
Europe and China’s medical device tit-for-tat shows that Trump tariffs aren’t helping Beijing make friends
China and the European Union can’t seem to get along, despite sharing a common foe in U.S. President Donald Trump and his trade war.
On...
EU chief demands China address trade imbalance as tensions flare
European Commission President Ursula von der Leyen accused China of distorting trade and limiting access for European firms two weeks ahead of a summit...
Samsung projects a 56% plunge in operating profit, blaming U.S. chip controls on China
Samsung Electronics said Tuesday it expected its second quarter operating profits to fall by more than half, blaming U.S. export controls on advanced AI...
EU awaits decision today on Trump’s potential punishing tariffs threatening ‘the most important commercial relationship in the world’
The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move economists have warned...
Trump threatens 10% tariff for ‘anti-American’ BRICS policies
President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further...
Dow futures fall as Trump officials signal limited breathing room before tariffs ‘boomerang back’
A new deadline is emerging as President Donald Trump’s 90-day pause on his reciprocal tariffs is about to expire. While markets expected an extension...
Trump officials keep up tariff pressure but hint at flexibility on deadline
The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending...
U.S. tariffs will return to ‘Liberation Day’ levels on Aug. 1, if no trade deals are reached by then, Bessent says
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury...