U.S. President Trump's plan to raise global tariffs are "a major blow to the world economy," European Commission President Ursula von der Leyen said as the world reeled from Trump's fresh round of ...
The high tariffs imposed on Southeast Asian countries such as Vietnam and Cambodia, which serve as transshipment points for China's exports of intermediate goods, could pose higher-than-expected risks ...
South Korea to Provide 'Emergency Support' for Auto and Other Industries Affected by U.S. Tariffs The South Korean government has said it will provide "emergency support measures" for industries, such ...
Asian Markets Roiled by 'Liberation Day' Tariffs Asian equities tumbled as markets awoke to see some of their worst fears come true: a slate of sweeping U.S. tariffs that could inflict economic damage ...
The Japanese government will continue asking the U.S. to exempt the Asian country from new U.S. tariffs, the country's trade minister said. Yoji Muto, Japan's minister of economy, trade and industry, ...
China will take "resolute" countermeasures against Trump administration tariffs on Chinese goods in order to protect its interests, the country's Commerce Ministry said Thursday. The ministry made the ...
Back-of-the-envelope calculations from economists suggest that the average U.S. tariff rate will be around 22%, last seen in 1910 and higher than the infamous Smoot-Hawley Act of 1930.
Japan Bank Stocks Tumble as Trump's Tariff Plan Raises Uncertainty Over BOJ's Pace of Rate Increases
Bond yields have risen in recent years as the Bank of Japan raised rates gradually on the back of an economic recovery and a return of modest inflation. In March, the BOJ kept its policy rate ...
Chinese liquor giant Kweichow Moutai expects single-digit sales growth in 2025 after reporting in-line net profit growth last year, with economic woes curbing demand in its domestic market. Net profit ...
Tariffs unveiled against dozens of countries by President Donald Trump Wednesday sent stock markets reeling as the levies are ...
Shares of RH fell sharply after hours on Wednesday after the luxury furniture chain's full-year sales outlook came in shy of expectations, amid a forecast of what it characterized as a "higher-risk ...
BlackBerry IVY—the result of a partnership with Amazon Web Services—could create a revolutionary software ecosystem for connected vehicles, allowing OEMs to process, analyze, and monetize massive ...
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