U.S. President Donald Trump has set the stage for another round of high-stakes trade battles by announcing new tariffs that could reshape global commerce. On Wednesday, Trump declared a 50% tariff on all United States copper imports, along with a matching 50% duty on goods from Brazil. Both measures are[Read More…]

Intel Corporation, the largest domestic semiconductor manufacturer in the United States, is moving forward with significant job cuts as it tries to turn around its troubled business. The company has announced it will lay off 172 employees at its Chandler, Arizona campus, a site that has long been a cornerstone[Read More…]

President Donald Trump has announced plans to release additional letters detailing tariff and trade proposals to at least seven more countries. The new letters are expected on Wednesday morning, with additional letters possibly released by midday. This comes just one day after Trump made public letters to 14 countries, warning[Read More…]

A new round of tariffs announced by United States President Donald Trump is casting a long shadow over Japan and South Korea, two of America’s closest allies in Asia. While trade tensions between Washington and Beijing have long dominated headlines, these latest measures show that Tokyo and Seoul are far[Read More…]

Malaysia’s trade ministry clarified on July 8 that a planned 25 percent U.S. tariff on Malaysian imports effective August 1 is a reciprocal replacement for the existing 10 percent baseline tariff, not an additional levy on top of it. Announced by President Trump on July 7 as part of his latest round of reciprocal[Read More…]

The Bank of Japan’s (BoJ) carefully laid plans to gradually raise interest rates could be thrown off course as trade tensions with the United States escalate. According to a fresh analysis by Capital Economics, the central bank may have to hold off on further rate hikes until 2026 if the[Read More…]

South Korea’s economy is feeling the strain as sluggish domestic demand and renewed fears over United States tariffs weigh heavily on growth prospects. According to the Korea Development Institute (KDI), a government-run think tank, the nation’s economic activity remains subdued, with no significant improvement over the previous month. Construction continues[Read More…]

Shares of Trident Ltd, the Indian textile manufacturer, jumped over 6% on Monday as investors cheered a combination of positive regulatory updates and a major geopolitical shift in the textile trade. The stock climbed 6.3% intraday to ₹33.10 on the Bombay Stock Exchange (BSE), reflecting optimism that new US tariffs[Read More…]

China has sharply criticized the United States’ latest move to ramp up tariffs, describing it as economic bullying that threatens to plunge the world’s two largest economies back into a damaging trade war. On Tuesday, Beijing issued a clear warning to the Trump administration, cautioning that any renewed effort to[Read More…]

The world is waiting to see what will happen when United States President Donald Trump’s 90-day pause on his sweeping “reciprocal” tariffs officially ends at 12:01 a.m. Eastern Time on July 9. The uncertainty is rattling investors, governments, and businesses alike, as no one knows for sure how hard the[Read More…]