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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 […]

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 […]

Apple, Porsche rushing to beat Trump tariffs, get goods to US: report

Apple and Porsche were among several major companies reportedly scrambled to send goods to the US to stockpile inventory ahead of Trump's “liberation day” tariff deployment. Mutual tariffs on Trump's trading partners (including 26% of India and 20% of EU members) came into effect on Wednesday, turning the course back hours later, announcing a 90-day […]

China curbing Hollywood film imports in latest retaliation against Trump’s tariffs

China on Thursday said President Trump would soon restrict Hollywood movie imports in retaliation for escalating US tariffs on imported Chinese products, targeting one of the most well-known American exports. Industry analysts said the financial impact is likely to be minimal as Hollywood's box office revenue in China has declined significantly in recent years. Three […]