News

He invented a viral watch-cleaning device. Then Trump's tariffs upended his business.
President Donald Trump’s April 10 announcement that he was raising tariffs on China to 145% left Anthony Mendoza shattered.
Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting ...
Xi Plays Long Game on US-China Trade as Trump Seeks Quick Wins
While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a ...
Exclusive: Trump’s tariff deal ‘quietly’ added 10% raise which nobody is complaining about anymore, says his former commerce secretary
"When you think about it, in the normal course, getting quietly to do a 10% tariff on everything from everywhere was a huge ...
Busiest US seaport takes hit from 145% China tariffs, worries remain
By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May ...
Boeing Delivers First Jet to China in Tariff War Reprieve
Boeing Co. delivered its first aircraft to a Chinese airline customer since President Donald Trump unleashed a wave of ...
China Market Update: Risk Off Night On Middle East Tensions & Trump Tariff Saber Rattling
Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s ...
Tariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says
With the post-pandemic surge in corporate profits, "margins have never been higher in the history of humankind," Jeff ...