President Donald Trump’s tariff war is expected to cut global container volume by 1% in 2025, Drewry said, only the…
Tag: Tariffs
7-Eleven owner says it will need to cut costs as US tariffs hit consumer confidence
By Anton Bridge TOKYO (Reuters) -Seven & I Holdings, the owner of 7-Eleven convenience stores, said it expects it will…
Merck posts higher profit, puts tariffs cost at $200 million
By Deena Beasley (Reuters) -Merck (MRK) on Thursday said its first-quarter adjusted profit rose 7% as lower costs helped offset…
Uncertainty remains the only certainty for UK on tariffs
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Baker Hughes forecasts drop in producer spending as tariffs pinch demand
By Arathy Somasekhar and Mrinalika Roy HOUSTON (Reuters) -U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in…
Tariffs restrain US business activity, boost asking prices for products
By Lucia Mutikani WASHINGTON (Reuters) -U.S. business activity slowed to a 16-month low in April while prices charged for goods…
China tells US to ‘cancel all unilateral tariffs’ if it wants talks
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…
Mobileye posts strong Q1, reaffirms guidance despite tariffs
Three months ago, Israeli advanced driving assistance systems (ADAS) company Mobileye Global Inc (Nasdaq: MBLY) published an annual forecast…
Treasury sees Trump’s tariffs cutting Israel’s GDP growth
The Trump administration’s tariff plan would cut the Israeli economy’s GDP by billions of shekels during 2025 alone, according…
Donald Trump to exempt carmakers from some US tariffs
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…