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2023年3月6日小编

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RTX, GE Aerospace expect more than $1 billion tariff impact

Aerospace suppliers are grappling with higher prices for parts from President Donald Trump's tariffs.

M&S says cyber 'incident' hitting click and collect orders

Angry customers have also complained of being unable to use vouchers and gift cards.

Boeing Will Sell Its Digital Businesses for $10 Billion

The deal, with the private equity firm Thoma Bravo, will help the struggling aerospace manufacturer pay down debt and streamline its operations.

IMF Expects Trump’s Tariffs Will Slow Global Economic Growth

The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.

Global growth forecast slashed by IMF over tariff impact

The US suffers the biggest downgrade to growth among advanced economies, in the influential International Monetary Fund's latest forecast.

Tesla’s Falling Profit May Pressure Elon Musk to Return to Day Job

The carmaker is expected to report a decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration.

China rolls out plan to promote its own payment system as US trade war simmers

The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies.

Gold Price Sets Another Record as Trump’s Tariffs Unnerve Markets

President Trump’s tariffs and his attacks on the Federal Reserve continue to unnerve the markets, pushing investors away from the dollar and toward havens like gold.

Global Economic Leaders Gathering in U.S. Confront Trump’s New World Order

The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.

IMF slashes GDP growth estimates for China, US and world as trade tensions rise

The outlook for the US economy this year took a hit during the first quarter, according to the latest World Economic Outlook report.

Tennis great Andre Agassi to play his first pro pickleball tournament with No. 1 player Waters

Tennis great Andre Agassi will make his professional debut with top player Anna Leigh Waters.

Education Department Will Resume Collections on Student Loan Debt

In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see deductions from their paychecks.

China’s shipyards breathe sigh of relief as US scales back port-fee plan

But major shipping carriers face even greater risks as new rules scrap upper limit for levies.

Inside the $1 billion berry startup backed by Ray Dalio’s family office

Fruitist, known for its jumbo blueberries, has surpassed $400 million in annual sales and received backing from Ray Dalio's family office.

After a whirlwind month, how will China’s Politburo counter Trump’s tariffs?

The meeting of the decision-making body, expected to be held at the end of April, will need to account for rapid escalation of trade conflict.

Extra financial grants to help with cost of living

People living in East Yorkshire can apply for the grant to help with food and energy costs.

How Trump’s Fed Fight May Undermine His Trade Negotiations

A flight from U.S. assets, including the dollar, could worsen if the president continues his attacks on the Federal Reserve, analysts warn.

Chobani Plans to Invest Over $1 Billion in New N.Y. Factory

The company, which has branched out from Greek-style yogurt, will invest more than $1 billion in the plant in the town of Rome.

US stocks and dollar plunge as Trump attacks Fed chair Powell

The president amps up attack against US central bank boss calling him "a major loser" for not lowering interest rates.

China’s solar panel makers explore options as Washington sets tariffs for Southeast Asia

Some Chinese manufacturers of photovoltaic products are speeding up their overseas factory deployment, hoping to secure a less-expensive route to the US.

After Trump Spares Apple, Other Businesses Want a Tariffs Break

Retail executives huddled with the president amid fears that tariffs could result in higher prices.

Trump Administration Deploys EEOC in Fight Against Law Firms and DEI Efforts

The Trump administration has deployed the Equal Employment Opportunity Commission in its effort to seek retribution against corporate law firms.

A New ‘Carbon-Positive’ Hotel in Denver Takes Sustainability a Step Further

Amid a hospitality landscape in which many hotels have moved far beyond single-use plastics, how does the Populus in Denver measure up?

Suicides and Rape at a Prized Mental Health Center

Timberline Knolls, a mental health center owned by Acadia Healthcare, skimped on staff. Then came a series of tragedies.

More of China’s spending power needs to be unleashed. Here’s how

Childcare, healthcare and elderly care are precisely the parts of China’s consumer demand that remain significantly untapped.

US sets tariffs of up to 3,521% on South East Asia solar panels

Several Chinese solar companies with factories across the region could face steep new tariffs.

China’s critical metal exports plummet as trade war curbs take effect

Shipments of several critical minerals have halted entirely, putting the US tech sector under pressure.

Care homes 'risk bankruptcy' due to NI rises

Industry association Care and Support West says it is likely some small providers will struggle.

Trump Shuns Europe, and Its Defense Industry Tries to Capitalize

Europe’s weapons makers are prospering as the continent reconsiders its post-Cold War stance of favoring domestic investment over military spending.

China adds nearly 2 million private firms in first quarter as calls for support rise

Top market regulator says 40 per cent of business registrations from January-March were in emerging sectors and new technologies.

Trump’s tariffs give China its biggest chance for economic reform since 1997 crisis

As it did during the Asian financial crisis, China has a chance to rethink its economy in a way that will lay the groundwork for future growth.

Herbert J. Gans, 97, Dies; Upended Myths on Urban and Suburban Life

A leading sociologist, he explored American society up close — living in a Levittown at one point — to gain insight into issues of race, class, the media and even the Yankees.

China sets ‘critical’ rules to corral safe self-driving EVs after Xiaomi’s fatal crash

Caution came as China’s level 2 driving automation system ‘has entered a critical period of large-scale application’.

In New Trial, Palin Says New York Times Editorial Damaged Her Reputation

Closing arguments in the libel case are expected on Tuesday, after which the nine jurors will begin deliberations.

RFK Jr. Plans to Phase Out 8 Commonly Used Food Dyes

The petroleum-based dyes are used in hundreds of thousands of items including cereals and sports drinks. More details are expected on Tuesday.

Trump’s Renewed Attacks on Powell Drive Markets Lower and Weaken Dollar

President Trump’s pressure on the Federal Reserve, on top of the uncertainty about his tariff policy, continued to jar investors as stocks, bonds, oil and the U.S. dollar all tumbled.

Oscars OK the Use of A.I., With Caveats

The Academy of Motion Picture Arts and Sciences said using the technology wouldn’t disqualify a movie. But it also said that it favored films with more human involvement.

Video: Delta Plane Engine Fire Prompts Passengers to Evacuate on Slides in Orlando

Flames erupted around the plane on the tarmac at Orlando International Airport on Monday. There were no reported injuries after passengers fled by emergency slides.

CATL Announces Major Advances in E.V. Batteries

CATL, the world’s largest maker of batteries for electric vehicles, described breakthroughs that could make E.V.s more competitive with gasoline-powered cars.

China’s yuan sees payment popularity rise amid ‘soaring volatility’ in US Treasury market

Washington’s policies seen opening door to greater yuan internationalisation, undermining but not removing US dollar’s dominance in global trade.

Will a Federal Judge Break Up Google?

On Monday, the tech giant and the U.S. government face off in court over how to fix the company’s online search monopoly. The outcome could alter Google and Silicon Valley.

Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

Chipotle is betting that Mexico's familiarity with its ingredients and appreciation for fresh food will win over consumers.

Chinese scholars take on Trump adviser pushing tariff war as prelude to financial revamp

Stance of Council of Economic Advisers chairman Stephen Miran likened to ‘collecting protection money on the streets’.

Hong Kong may feel pain from the trade war but not for too long

While the city’s status as a free port and logistics hub will shield it from total economic ruin, diversifying trade partners is key.

The Legacy of Pope Francis’ Business Diplomacy

As pontiff, Francis sought to build bridges with global corporate leaders, who sought audiences with him — but also to remind them about the need to look out for the poor.

JD.com vs Meituan: accusations of monopolistic practices arise in food delivery rivalry

In a public letter, JD.com accused a ‘rival platform’ of preventing delivery riders from using multiple platforms, for which Meituan was fined in 2021.

China weaning itself off US soybeans as decade-long outlook could hit American farmers

The days of China relying on America for soybeans could be numbered as agricultural ministry outlook report for next decade puts onus on self-sufficiency.

Millions of Student Loan Borrowers Are Behind on Payments

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications for the already slowing economy.

How to Bird-Watch: A Traveler’s Guide

Because birding requires little gear, and can be done almost anywhere, it’s a great activity for your next trip. Here’s what you need to know.

Vance in Delhi to meet Modi amid tariff tensions

The talks are likely to focus on fast-tracking a trade deal, earlier expected to conclude by the end of 2025.

Gatwick worst for delays among UK airports

Departures from Gatwick Airport were an average of more than 23 minutes behind schedule in 2024.

China warns nations against 'appeasing' US in trade deals

Beijing was responding to reports that the US will pressure other nations to restrict trade with China.

Russian tourists in China, non-nuclear hydrogen bomb test: 5 weekend reads you missed

From French people discovering Taobao to Russian tourists in China, here are five stories you may have missed over the weekend.

China says Trump trade tactics will backfire, like ‘bargaining with a tiger for its skin’

Ministry of Commerce calls for countries to resist US trade coercion after report said Washington asked them to curb economic ties with China in exchange for tariff relief.

Add oil: China eyes sweaty success as sports-economy boom brings big gains

The game is on as local authorities across country try to capitalise on interest in all things sport – an area in which consumers are willing to splash extra cash.

'I was careful and followed instructions closely, but still lost my crypto'

A customer's experience highlights issues dealing with cryptocurrency, where many regular banking safeguards do not apply.

Five ways for first-time buyers to get on the housing ladder

Mortgage experts share their tips for anyone starting out on the journey to owning their own home.

Chinese table tennis fans splash cash in Macau as authorities eye sports boom

‘Handsome’ Wang Chuqin and ‘role model’ Sun Yingsha pull in tourists amid efforts to capitalise on growth in sports sector.

Don Mischer, Master of Live Television, Is Dead at 85

He produced and directed major events like the Oscars, Emmys and Tonys, as well as Super Bowl halftime shows and Olympic opening ceremonies.

Osaka World Expo Recalls a Faded Dynamism From Japan in 1970

The event is stirring memories of an exhibition in 1970, when the postwar Japanese economy was taking off and “you could have dreams about the future.”

Inside a Union’s Fight Against Trump’s Federal Job Cuts

Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”

‘Sinners’ Is a Box Office Success (With a Big Asterisk)

Ryan Coogler’s original horror film was expected to sell a strong $46 million in tickets over the weekend, enough for No. 1. But its profitability remains a long way off.

Currently

Duncan Weldon explores the political and economic reality of relying on the bond markets.

China has a secret weapon in US trade war – the renminbi

Taking a leaf from Russia, China should make ‘unfriendly’ countries like the US use Chinese currency for trade transactions.

French flock to Chinese e-commerce bargains, hunt for ‘agent Taobao’ to deliver

Amid US-China trade war, TikTok accounts show users how to purchase cheap goods directly from Chinese factories to avoid pricing mark-ups and tariffs.

The Business Playbook for Tariff Chaos

President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers.

How Trump’s Tariffs Could Hurt US Farmers and Benefit Brazil

China has long relied on the U.S. for soybeans. But with new steep tariffs, it is likely to look even more to Brazil and Argentina.

DHL suspends high value US deliveries over tariffs

The postal giant will stop shipping packages to American consumers after a rise in red tape at customs.

Peter Navarro: The Architect of Trump’s Tariffs

Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.

Malaysian durian sales surge in China amid growing demand for naturally ripened fruit

While Thailand dominates durian sales in China, sales of the Malaysian fruit have grown tenfold from last year, industry insiders say.

1 man, 10,000 durian trees: China’s planting pains give way to golden home-grown bounty

Tropical Hainan province has defied sceptics and rewarded investors with China-grown durian, but it ‘simply cannot compete’ with booming imports from Southeast Asia.

Trump Officials Blame Mistake for Setting Off Confrontation With Harvard

An official on the administration’s antisemitism task force told the university that a letter of demands had been sent without authorization.

More Than 400,000 Wireless Phone Chargers Are Recalled Over Fire Hazard

Casely, a company in Brooklyn, received 51 reports of lithium-ion batteries overheating, expanding or catching fire, resulting in six minor burn injuries.

Ocado apologises to Mumsnet over 'hateful political views' comment

Mumsnet's founder says a number of advertisers have pulled out over the site's gender discussions.

The Trump Billionaires Who Run the Economy and the Things They Say

“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.

Mike Wood, Whose LeapFrog Toys Taught a Generation, Dies at 72

His LeapPad tablets, which helped children read, found their way into tens of millions of homes beginning in 1999.

Carmakers Highlight U.S. Manufacturing in Bid to Influence Trump Over Tariffs

Wary of directly criticizing the president’s trade policies, automakers are emphasizing how much they have already invested in U.S. manufacturing.

Are Easter Baskets Getting Out of Hand?

Social media feeds are awash in images of lavish baskets overflowing with expensive gifts. Some parents are giving their children bikes. Others are pushing back.

CJR Editor Sewell Chan Is Fired

Sewell Chan, who started as executive editor of the publication in September, said his firing after several staff complaints was “baffling.”

U.S. Adds Fees for Chinese Ships in Effort to Boost Shipbuilding

The new fees are aimed at countering China’s dominance of the shipbuilding industry, but critics say they will simply raise prices for American consumers.

Council details £4m cost of living support

Rotherham Council says the funding will offer "peace of mind" for parents.

More rich Americans are opening Swiss bank accounts fearing U.S. risks

Swiss banks say they have seen a surge of interest and business from high-net-worth Americans opening investment accounts in recent months.

Nvidia boss Jensen Huang meets Shanghai mayor in wake of new US export controls on chips

The tech chief executive’s visit is seen by Chinese media as a sign the US company remains committed to the country.

How to Explain Why You Left a Job When You Signed an NDA

Sometimes you just have to be OK with being vague. Plus, what to do when a co-worker has a challenging personality.

Gen Z Re-Evaluates Their Budgets as a Global Trade War Rages

Some young adults with disposable incomes for the first time in their lives are trying to make sense of how tariffs are affecting how they should save and spend.

Why Big Law Firms Aren’t Standing Together Against Trump’s Assault

The arms race for talent seems to have made collective action, within and between firms, nearly impossible.

Losing Your Home Close to Retirement Age: What to Consider Before You Sell or Rebuild

Losing your home in a disaster when you’re at or near retirement age can derail your finances and jeopardize the funds you were counting on.

Russian tourists lift China’s beach resorts as visits surge

Sanya, long a favourite of Russian tourists, saw visits soar elevenfold last year as China’s visa-free policies begin to pay off.

Why everyone is suddenly so interested in US bond markets

What is happening with US bonds, why Donald Trump cares and how ordinary Americans could be affected.

'Lifeline' hub helping families with help and advice

The organisation began as a Facebook group to redistribute old clothing seven years ago.

Female engineer leads China’s challenge to Boeing and Airbus widebody airliners

Zhao Chunling has been lead designer for ambitious programme aimed at challenging Western duopoly since 2023.

Designed in US, made in China: Why Apple is stuck

China sits at the heart of Apple's supply chain - and has benefited hugely from it. Can they break up?

Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.

As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs.

Starmer and Trump discuss 'productive' trade talks

The men held their first call since the US president imposed tariffs on UK goods earlier this month.

Why the Bond Market Holds Sway Over Trump

The bond market has emerged as one of the few brakes on the White House as it pursues its agenda on trade, taxes, personnel and more.

I.R.S. Head Is Ousted in Treasury Leader Bessent’s Struggle With Musk

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his knowledge.

‘Protect the Dolls’ T-Shirts Become a Viral Symbol of Trans Support

The designer Conner Ives hoped to do some good with his “Protect the Dolls” T-shirt. Worn by celebrities, and sold out online, the shirts are raising money for a trans cause.

Risk of Financial Panic Tempers Trump on Firing Powell

President Trump again attacked the chair of the Federal Reserve this week, but advisers say the president has turned more cautious on policies that could stoke extreme financial volatility again.

Capital One and Discover Can Merge, Regulators Say

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.

China-Built Airport in Nepal Was Littered With Corruption, Inquiry Finds

A Nepali investigation blamed lawmakers and officials for looking the other way. The $216 million airport receives only one international flight a week.

Meat Is Back, on Plates and in Politics

After years in which “plant-based” was the mantra, meat once again dominates the national conversation about dinner.

Google Makes History With Rapid-Fire Antitrust Losses

Within a year, two federal judges declared the tech giant a monopoly in search and ad technology. The tide may be turning for antitrust.

Is there a ‘silver lining’ for China in the tariff war with the US?

Donald Trump’s trade war may offer Beijing a chance to build bridges with Europe and its Asian neighbours and bolster its image internationally.

How QVC’s CEO Is Dealing With the Threat of Tariffs and TikTok

The chief executive of QVC Group, David Rawlinson II, on tariffs, TikTok, and other threats to the company’s future.

Meloni and Trump Oval Office Meeting Cements Special Rapport

In Washington, President Trump lavished praise on Prime Minister Giorgia Meloni of Italy. He also accepted her invitation to visit Rome.

Tightened standards to block many LGFVs from selling bonds in Shanghai, Fitch says

China has pledged to trim debts among local government financing vehicles by 2.3 trillion yuan (US$315 billion) by 2028.

Tesla can’t make Optimus robot for US$20,000 without China, humanoid experts say

As US-China trade war tariffs bite, mass production of Tesla’s Optimus ‘likely to be put on hold’, threatening Elon Musk’s plans, according to Chinese industry insiders.

The $5 Limit on Overdraft Fees May Soon Be Struck Down

The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs.

Canadian small businesses are taking Trump's tariffs personally

Canadian national pride has sparked resistance and inspired action from small businesses.

With Harvard Threat, Trump Tries to Bend the I.R.S. to His Will

Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump is seeking to change that.

US lays out plans to hit Chinese ships with port fees

The charges will start in 180 days and rise in the coming years.

U.S. Gas Exports to China Stopped After Beijing Imposed Tariffs

The United States accounted for only 3 percent of China’s natural gas imports last year. Those purchases could now dry up entirely in the trade war.

As trade war heats up, China’s premier wants focus on positive market expectations

Li Qiang tells State Council study session in Beijing that market economy is ‘largely an expectation economy’.

Long-Term Investing Has Gotten Riskier as Trump’s Tariffs Shake the Markets

President Trump’s policies have shaken the markets. Protect yourself first, and, only then, take advantage of investment bargains, our columnist says.

A Reporter Gets a Buzz From Thousands of Bees

The plight of American honeybees drew a journalist away from his usual beat covering energy.

Myanmar earthquake may have disrupted China’s rare earth supplies, analysts say

The disaster may have damaged mines and transport routes in Myanmar, which is China’s main supplier of rare earth elements, analysts say.

Trump adviser Stephen Miran demands other nations pay up for ‘global public goods’

Chairman of US president’s Council of Economic Advisers also wants multilateral ‘Mar-a-Lago Accord’ to weaken US dollar.

Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems

Netflix's choice not to bump guidance suggests caution despite the company predicting limited effect from macroeconomic turbulence.

Netflix posts major earnings beat as revenue grows 13% in first quarter

The report marks the first time Netflix did not disclose quarterly subscriber data, as it shifts its strategy to focus on revenue and other metrics.

Brazil briefly records trade deficit with China before closing quarter with surplus

The deficit, which hit $3.2 billion in February, is largely attributed to surge in Chinese imports, including solar panels.

American Express’ wealthy cardholders are mostly untouched by tariff jitters

American Express results show that the company's wealthier customers may insulate it somewhat from concerns that tariffs and stubborn inflation have caused.

Target CEO Cornell meets with Sharpton to discuss DEI rollback as civil rights leader considers boycott

Target CEO Brian Cornell will meet with the Rev. Al Sharpton as the company contends with a slump in foot traffic after walking back some DEI initiatives.

Chinese tea chain Chagee climbs 15% in stock market debut

Chagee, a Chinese tea chain, made its U.S. public market debut on the Nasdaq as trade tensions between Washington and Beijing rise.

Tax attorneys say IRS has become a 'zombie' as agency cuts staff and halts audits of the wealthy

With the IRS expected to lose about a third of its staff after firings and buyouts, wealthy taxpayers and attorneys are struggling to navigate the new regime.

Harvard's battle with the Trump administration is creating a thorny financial situation

Even for America's richest university, covering federal funding cuts is no small task.

UnitedHealth's stock is plunging on higher medical costs. That may mean trouble for more insurers

The warning sign from a health-care giant seen as the insurance industry's bellwether may mean trouble for companies with Medicare Advantage plans.

UK ban on EU cheese and meat: What it means for you

The temporary measure by the government is aimed at stopping the spread of foot and mouth disease.

No global recession despite US tariffs, says IMF

The international economic group predicts "notable markdowns, but not recession".

Eli Lilly’s weight loss pill succeeds in first late-stage trial on diabetes patients; shares jump 14%

The results bring Eli Lilly's pill orforglipron one step closer to becoming a new, needle-free alternative in the booming weight loss and diabetes market.

Trump attacks Fed boss Powell for not cutting interest rates

The US president says Jerome Powell's "termination" as central bank chair "cannot come fast enough!"

TikTok craze offers hope to Chinese exporters caught in trade war crossfire

With tariffs at record levels, mainland suppliers to US market get creative – but industry insiders remain cautious as duties bite.

The Briefing Room

What cards does China hold in the trade war with the US?

China’s post-PhD students hit record levels as global talent race heats up

Amid competition for elite researchers, mainland goes from strength to strength - but experts say more can be done to attract international students.

Watch: BBC joins retirees aboard China's 'silver trains' that aim to boost economy

China is encouraging it's retirees to spend their savings on fun initiatives to help boost its economy, as the country's trade war with the US rages on.

Supermarket price war looms as Sainsbury's joins fight

The supermarket giant forecasts pressure on profits as competition for customers intensifies.

UK bans EU cheese and meat to stop disease spreading

People coming into Great Britain can no longer bring cured meats or cheese from the EU following an outbreak of foot and mouth disease.

Tesla whistleblower wins latest legal battle in fight against Musk

Engineer Cristina Balan raised a safety concern about a design flaw which could affect the cars' braking in 2014.

Desperate for sales, China’s traders chase risky deals in emerging markets

With the US market closed off, Chinese exporters are scouring the globe to find new buyers – with mixed results.

Chinese developers of drones, flying taxis set sights on US, even with high tariffs

China’s ambitions have set off a production boom that may be too much for today’s domestic market, says Fudan University finance professor.

'Scammers used fake app to steal from me in person'

Fake bank apps mimic legitimate mobile banking platforms, allowing fraudsters walk away with high-value items.

Shein and Temu warn tariffs will raise prices in US

The firms said operating expenses have risen "due to recent changes in global trade rules and tariffs".

Gold hits new record over US-China trade war fears

Prices rose after the US Fed's chair warned tariffs could hit economic growth and fuel inflation.

Trump’s tariff war is ‘hurting all US assets’, investor warns

The trade war ‘puts the US in a bad situation’ as it accelerates a shift away from the dollar, veteran investor Mark Dowding says.

Why China curbing rare earth exports is a blow to the US

As the trade war continues to escalate, China has hit back at Trump by suspending exports of rare earth minerals.

Firms say Meta not helping them to recover hacked accounts

Businesses around the world say they are unable to get back into their Facebook and Instagram pages.

As tariffs cut US-China supply chains, how are firms picking up the pieces?

With full US-China decoupling looking closer than ever – though not a certainty – suppliers are rapidly evaluating their relationships and options.

Nissan aims to 'max out' U.S. production plant amid Trump's tariffs

Nissan 6-million-square-foot facility in Smyrna, Tennessee, is capable of producing 640,000 vehicles a year on three shifts, Meunier said.

CBP says latest tariffs have generated $500 million, well below Trump's estimate

Trump has repeatedly said the United States is taking in $2 billion per day from tariffs.

Wall Street trading desks are feasting on the volatility from Trump’s global upheaval

The six biggest U.S. banks put up $16.3 billion in stock trading revenue, 33% more year over year and higher than the 2020 pandemic or the 2008 financial crisis.

Medical product manufacturers are divided over Trump's tariffs

Medical technology and device makers are fighting for tariff exemptions, while PPE makers are applauding the levies.

US tariffs will make global trade shrink, says WTO

The Geneva-based institution says American tariffs will send international trade into reverse.

Heineken initially downplayed tariffs. Now the brewer is concerned

Heineken shrugged off the threat of tariffs earlier this year, but in the company's latest earnings report, it said it's becoming increasingly cautious.

United Airlines gives two 2025 profit outlooks, calling economy 'impossible' to predict

United Airlines said a deterioration in bookings could lead it to lower its 2025 outlook to $7 to $9 a share from $11.50 to $13.50.

Universal's new Epic Universe park set to generate $2 billion for Florida in year one

Epic Universe is not only expected to bolster theme park revenues for Universal, but it will also bring in billions of dollars to the local economy.

JPMorgan Chase sues more customers who allegedly stole cash in 'infinite money glitch'

The episode highlights the lengths JPMorgan Chase, the biggest U.S. bank by assets, will go to claw back funds it is owed and to deter future crimes.

China’s container bookings to plunge up to 60% as US tariffs wipe out trade: report

But shipping traffic in the rest of Asia is bouncing back as traders rush to take advantage of US ‘reciprocal’ tariff pause.

SAIC Motor joins Huawei in new China EV venture to halt multi-year slide in sales

SAIC, which assembles petrol cars with GM and VW, has been left trailing as Chinese consumers switch to EVs sold by Tesla, Xpeng, Nio and Li Auto.

Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them

Potential changes to the federal food assistance program could impact millions of U.S. shoppers, retailers and food and beverage companies.

Cautionary Tales with Tim Harford

Why Steven Levitt swapped academia for podcasting.

U.S. vehicle supply is falling amid tariff fear-buying

Supplies of new and used vehicles for sale are declining rapidly as consumers flock to stores ahead of potential price increases due to tariffs.

China appoints new trade representative as US tariff war heats up

Li Chenggang will replace Wang Shouwen as China’s top international trade negotiator at the Ministry of Commerce.

China’s premier cites ‘profound changes’ in urging boost to domestic consumption

Li Qiang looks to ‘further unleash the potential of China’s massive market’, provide more support for property sector.

China’s economy grows 5.4% in first quarter ahead of full-blown US trade war

The country’s GDP growth beat expectations to March, but worries persist about the looming impact of the US trade conflict.

After Made in China 2025, are foreign firms at risk of losing tech edge, market share?

EU Chamber of Commerce in China report assesses impact of decade-long initiative to make China less reliant on other countries for critical tech and related resources.

China’s trade with Asia could plug hole left by US tariffs, economists say

Deeper, more expansive trade with neighbours could help offset damage to China’s GDP growth, according to economic surveillance office.

Bank of America tops analysts' estimates on better-than-expected interest income, trading

Bank of America shares have sold off in recent weeks on concern that President Donald Trump's tariff policies could cause a recession.

How China could turn Trump’s tariffs into a geopolitical opportunity

Notwithstanding conflicting positions on issues such as Chinese exports and Ukraine, the EU and China now have much more common ground.

Citigroup results exceed analysts' estimates on gains in fixed income and equities trading

CEO Jane Fraser said Tuesday that the bank was continuing to earn credibility with investors and that she remains focused on executing on her strategy.

China’s Canton Fair traders say US buyers step back as tariff spectre haunts

Meanwhile, China’s showcase of electronic advancements are seen providing a much-needed boost to sentiment surrounding “Made in China” in uncertain times.

American Airlines to make Wi-Fi free on most of its fleet in 2026

American Airlines is following other airlines such as Delta and JetBlue in making Wi-Fi free on board.

China frets about its dependence on Africa’s resources as US muscles in

China has heavily invested to secure raw materials from African nations, but US accusations over those deals pose new risks.

Hit by Trump’s tariffs, China’s chip traders decry ‘no point in working’ as orders tank

One of the world’s largest electronics markets, Huaqiangbei shows how fast the supply chain was upended by the tariff escalation with Washington.

Finland's bid to win Europe's start-up crown

Helsinki wants to become a top European start-up hub, but can it challenge London and Stockholm?

Auto stocks rise as Trump says he wants to 'help' some car companies

The comments pushed stocks such as Ford, GM and Chrysler parent Stellantis higher, swinging from trading levels or negative to being up between 1% and 4%.

Goldman Sachs tops estimates on boom in equities trading revenue

Goldman Sachs joins rivals JPMorgan Chase and Morgan Stanley in posting better-than-expected equities trading revenue.

Was China the reason Guyana faced higher Trump tariff?

A Guyanese political commentator says Washington objects to Beijing's "very strong foothold" in the country.

The curious case of why a billionaire wants to buy Royal Mail

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The plans to put data centres in orbit and on the Moon

Proponents say space-based data centres will be more secure, but sceptics say big hurdles remain.

The Canadians and Danes boycotting American products

As anger grows over Trump's tariffs, apps and social media groups are helping people avoid US goods.

A revolution is under way in India's trainer industry

India wants to boost the domestic trainer industry but will small domestic makers suffer?

Trump has turned his back on the foundation of US economic might - the fallout will be messy

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Starmer's response to Trump tariffs is both to slow down and go faster

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Disasters spur investment in flood and fire risk tech

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