Trump and Xi Hold Talks as U.S.-China Tariff Negotiations Remain Stalled
Former U.S. President Donald Trump and Chinese leader Xi Jinping spoke on Thursday, as trade negotiations between the two countries…
Trump Escalates Trade Fight with 50% Tariffs on EU and 25% Levy on Apple Products
Former President Donald Trump issued a warning on Friday that he would impose a 50% tariff on all imports from…
Home Depot says it doesn’t expect to boost prices because of tariffs
Home Depot announced it does not plan to raise prices despite ongoing tariff pressures, crediting its long-term strategy of diversifying…
Trump warns Walmart: Don’t raise prices due to my tariffs but do eat the costs from those taxes
On Saturday, former President Donald Trump sharply criticized Walmart on social media, demanding the retail giant absorb the costs from…
China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade
China’s exports to the U.S. dropped significantly in April, while its trade with other nations surged, highlighting how President Trump’s…
Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain
President Donald Trump has agreed in principle to reduce tariffs on key U.K. exports, including automobiles, steel, and aluminum, as…
World’s biggest carmaker Toyota Projects 21% Drop in Profit Amid Tariffs and Strong Yen
Toyota Motor expects its operating profit to fall by 21% in the current financial year, as the automaker contends with…
Ford doesn’t expect tariffs to cause significant price hikes for its cars
President Donald Trump’s auto tariffs are expected to cost Ford $1.5 billion in 2025, but the automaker said it doesn’t…
GM posts strong Q1 results, but will reassess expectations for 2025 due to auto tariffs
General Motors reported strong financial results for the first quarter of 2025, but it plans to reassess its expectations for…
Coca-Cola reports better-than-expected quarterly profit, says it can manage through tariffs
Coca-Cola reported stronger-than-expected earnings for the first quarter and stated that the impact of tariffs on its business is likely…