Tag Archives: tariffs

Bullying only leads to self-isolation, Xi Jinping says day after US-China tariff truce

Symbolic Handshake Amidst Bullying and Isolation

Tariffs have long impacted global trade dynamics, and you’ve likely followed the recent developments between the US and China closely. In a significant move, Chinese leader Xi Jinping emphasized that “bullying or hegemonism only leads to self-isolation,” highlighting the dangers of aggressive trade practices just a day after both nations agreed to a temporary truce […]

Toyota sees 21% profit decline as tariffs take a bite

Toyota sees 21% profit decline as tariffs take a bite

You need to be aware that Toyota is forecasting a 21% profit decline for the current financial year, highlighting significant challenges ahead for the global automaker. The impact of US tariffs and a stronger yen is weighing heavily on their earnings, despite solid demand for hybrid vehicles. As these factors drive up costs and consumer […]

Trump’s refusal to blink on tariffs raises the risks of an ugly endgame | Politics

Business News and Stock Market

Refusal to Compromise One of the defining characteristics of President Trump’s approach to trade has been his refusal to compromise. He seems unwavering in his belief that the United States is a victim of unfair practices by other countries, particularly in his trade war with China. His threats to increase tariffs on imports to over […]

Live updates: Trump news, China tariff war escalates, Supreme Court backs deportations

Trump news, China tariff war escalates, Supreme Court backs deportations

President Trump’s Tariff Threats Threats from President Trump loom large, as he has signaled plans to impose an additional 50% tariff on China if the country fails to remove its retaliatory duties. With growing fears of a global recession, Trump remains steadfast in his approach, stating he is not considering a pause in enforcing these […]

US stocks set for a major bounce back from their tariff doom spiral | Business News

US stocks set for a major bounce back from their tariff doom spiral

Stock Market Overview For investors, the recent volatility has created a significant opportunity for a rebound. After a sharp decline driven by fears surrounding President Trump’s tariff policies, Dow futures surged by 1,000 points or 2.5%. This bounce back is likely fueled by stocks appearing historically cheap, as the price-to-earnings ratio for S&P 500 companies […]