The financial world is watching closely as a new trade policy unfolds, with Watches of Switzerland Group Plc feeling the immediate pain. The retailer’s shares plummeted by as much as …
Tag:
trade war
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Business
Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push
by admin4773510 comments 100 viewspose new levies on semiconductors and pharmaceuticals. Speaking from the White House on Monday, Trump acknowledged that automakers sourcing parts from Canada and Mexico need more time to restructure …
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Business
Boomerang Economics: How U.S. Tariffs Are Hurting Allies Like Australia—and Itself
by admin4773510 comments 54 viewsSYDNEY, April 13 (Xinhua) – U.S. tariff policies, much like the traditional Australian boomerang, are swinging back with unintended force—striking not just global trading partners, but the U.S. economy itself. …
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World
Trump Doubles Down on Trade War Amid Global Backlash and Economic Strain
by admin4773510 comments 64 viewsDespite growing criticism from Wall Street, international allies, and economists, U.S. President Donald Trump has reaffirmed his commitment to his aggressive trade policies, insisting that the ongoing tariff war will …