European stocks swing to losses after China retaliates with higher tariffs on U.S. goods – CNBC
America will be hit far more harder than Europe in the trade war, says top EU officials EU Economic and Productivity Commissioner Bardis Dombrovskis was portrayed before an informal meeting of the EU Minister and Central Bank Governor (ECOFIN) for EU Economic and Finance Affairs held in Warsaw, Poland on April 11, 2025. Wojtek radwanski […]
Apple supplier considers shifting more production to US over Trump tariffs: report
Major Apple suppliers have suggested that some production could be moved to the US and other countries to avoid the brunt of President Trump's 104% tariffs in China. Luxshare, a Chinese company that assembles the iPhone and creates Airpods, will rethink some planned investments in China as Trump's trade war unfolds, Chairman Wang Laichun said […]
Vietnam prepared to crack down on Chinese trade to avoid Trump tariffs
Gordon Chang, a senior fellow at the Gatestone Institute, discusses a potential tariff talk with China in “The Evening Edit.” Vietnam is reportedly ready to crack down on Chinese goods shipped to the US via its own territory to avoid compromising US tariffs. The offer, initially reported by Reuters, raised concerns about Chinese goods sent […]
Canada launches WTO dispute over US auto tariffs
Brian Brenberg, host of Fox Business's The Big Money Show, will join Faulkner Focus to discuss Canada launching a complaint about WTO dispute over Trump's automobile fare. Canada has started complaining to the World Trade Organization President Donald Trump It will administer 25% of the mandate on automobile imports from neighboring countries. The World Trade […]
China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday
China announced measures on Friday, raising tariffs on US goods from 84% to 125% from Saturday. The United States and China expanded the trade war by raising tariffs, even if US President Donald Trump suspends tariffs in other countries. Trump's universal tariffs on China total 145%. On April 10, 2025, Chinese cargo containers were stacked […]
Winners and losers from the Trump tariffs drama
President Trump blinked Wednesday, suspending most of the tariffs he had tried to put in countries around the world. One major exception is China, and is now the focus of the escalation of the trade war. While China's US tariffs currently total 145%, China is seeking retaliation for US imports that rose to 125% early […]
March inflation slowed; Fed watching tariffs’ price impact
Angie Newman, UBS Global Wealth Management Manager, discusses market responses amid trade tensions and advises clients and investors. Inflation rose at a slower pace than expected in March, but it far surpassed the Federal Reserve targets as central banks prepare to monitor the impact of tariffs on consumer prices in weeks and months. On Thursday, […]
Magnificent Seven adds whopping $1.5T in value as Trump pauses sweeping tariffs
After President Trump suspends his sweeping tariffs for 90 days, “The Magnificent Seven” shares accumulated more than $1.5 trillion on Wednesday, easing pressure on the tech giant that fell over in recent sessions. Profit did not erase $3.4 trillion worth Companies have fallen out collectively Around $2 trillion of these losses have come since last […]
Trump tariffs lead to soaring tensions, risks for US, China
Economic tensions between the US and China have skyrocketed after President Trump retaliated on Wednesday by raising tariffs on Chinese goods to 125% and tariffs on US exports to 84%. Trump suspended his “mutual” tariffs in dozens of other countries on Wednesday, but he struck China more harder and strengthened the economic battle between the […]
The Forgotten Economic Theory Behind Trump’s Tariffs
Best Tariffs: Ideas Behind Trump's Trade Strategy For decades, American elites have spoken about free trade as if that were the case. Moral commandments engraved on stones– Unstable, sacred, eternal. They say tariffs are relics of the past. Economic heresy. Automated roads to higher prices, reduced production, and global retaliation. What they don't tell you […]