E-commerce software vendors ’most exposed’ to Trump tariffs, says BofA
While much of the focus has been on manufacturing and consumer goods, software firms with high exposure to international supply chains, particularly those reliant on cloud infrastructure and hardware ...
Trump tariffs to draw greater retaliation, stimulus response from China- ING
Investing.com-- U.S. President Donald Trump’s latest round of trade tariffs are expected to elicit a greater policy response ...
EU ready to counter US tariffs with retaliatory measures, von der Leyen says
Investing.com -- European Commission President Ursula von der Leyen has strongly criticized the U.S. President Donald Trump’s ...
With US tariffs, India’s jewellery exports set for sharp decline
The United States accounts for nearly $10 billion or 30.4% of India’s annual gems and jewellery exports of $32 billion. Gems ...
China’s services activity rises to three-month high, Caixin PMI shows
BEIJING (Reuters) - China’s services activity rose to three-month high in March, with both business activity and new orders ...
Stocks slump as trade war stirs recession fear
SINGAPORE (Reuters) -Stocks dived on Thursday and investors scrambled for the safety of bonds, gold and the yen, fearing new ...
Taiwan says US tariffs unreasonable, partly blames Trump policies for trade surplus
Trump on Wednesday announced across the board import tariffs, with much higher duties for dozens of trading partners, including Taiwan which runs a large trade surplus with the United States and will ...
Morning bid: Seems investors really don’t like tariffs
The jury is in, and it turns out investors really don’t like a tariff-induced global trade war and likely recession - who ...
US retailers may raise prices as tariffs hit Asian suppliers - analysts
Bernstein noted that price increases could have significant volume-eroding effects, as consumers become more selective in ...
Oil slump as Trump’s higher-than-expected tariffs expected to crimp demand
Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world’s biggest oil ...
Apple faces gross margin hit from Trump tariffs on China, India- Citi
Trump also imposed about 26% tariffs on India, which stands to hit Apple’s gross margin by about 0.5%, assuming that the ...
Asia FX, dollar battered by Trump tariffs; yen surges on haven demand
The Japanese yen was an outlier, firming sharply on increased safe haven demand, as traders fretted over the implications of Trump’s tariffs. The USDJPY pair fell 1.2% to a three-week low. The Chinese ...