Breadcrumb Trail Links PMN Business Countries in Southeast Asia, major sources of exports to the US, are angling to accommodate…
Tag: tariff
US stock market: Trump tariff tailspin worsens, Nasdaq confirms in bear market
Wall Street nosedived for a second straight day on Friday, confirming the Nasdaq Composite was in a bear market and…
Mortgage rates stayed nearly flat again last week. Tariff fallout could make them more volatile going forward.
Mortgage rates stayed essentially flat again last week, despite dreary economic data on job openings and the health of the…
Trump’s tariff hikes signal impoverishment day, not liberation day: Chris Wood of Jefferies
U.S. President Donald Trump may have dubbed April 2 “Liberation Day” while unveiling sweeping new tariffs, but Chris Wood, global…
Coforge, Wipro, TCS and other IT stocks fall up to 7% amid Trump tariff jitters
Indian IT services stocks tumbled as much as 7% on Friday, extending their slide for a second straight session, as…
Pharma stocks survive market rout on tariff exemption, but uncertainty continues
By Maggie Fick and Kashish Tandon LONDON/BENGALURU (Reuters) – Drugmaker stocks gained a temporary reprieve on Thursday as U.S. President…
Global stock sell-off deepens after tariff rout
Global stocks extended their losses on Friday after a brutal sell-off on Thursday triggered by Donald Trump’s tariff blitz. Some…
99% trade tariff! Trump’s tariff algorithm triggers heaviest duty on this French island, critics call it ‘insane’
A remote French island with barely 6,000 residents has just become the most tariffed place on earth—thanks to what critics…
Apple loses more than $300bn in market value from Trump tariff hit
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
‘Math makes no sense at all’: Lesotho, one of Africa’s poorest nations, hit with 50% US tariff
Entrepreneur Arnaud Bertrand on Thursday called out the United States’ newly announced 50% tariff on Lesotho, describing it as a…