What’s next for oil as OPEC+ and Trump shake the market? | Business and Economy
OPEC+ is opening the oil taps again, while Donald Trump’s tariffs target Russian crude buyers.OPEC+, which includes Saudi Arabia and Russia, has agreed to another…
Brazil plans aid packages for businesses impacted by Trump tariffs | Trade War News
The plan, called ‘Sovereign Brazil’, will include credit for businesses that rely on exports.The Brazilian government has unveiled a plan to support local exporters impacted…
US car sales slow after tariff-driven buying surge ends | Automotive Industry News
After a wave of rushed buying, driven by looming tariffs, US car sales have started to slow, weighing on carmakers.New car sales fell by 300,000…
Will Trump’s India tariffs shut down world’s biggest cut diamond supplier? | Business and Economy
For Kalpesh Patel, Diwali, the festival of lights celebrated across India, might well mark lights out for his eight-year-old diamond cutting and polishing unit.The 35-year-old…
Singapore warms to ‘Made in China’ label as stigma fades | Business and Economy News
Singapore – On a weekday afternoon in the heart of the central business district, the BYD showroom on Robinson Road is a picture of futuristic…
China, Brazil can be models of ‘self-reliance’ for Global South, Xi says | Business and Economy News
China’s Xi and Brazil’s Lula discuss cooperation amid fallout of US President Donald Trump’s trade war.Chinese President Xi Jinping has suggested that China and Brazil…
US to extend China tariff pause another 90 days | Donald Trump News
US President Donald Trump signed an extension just before midnight in Beijing, when a pause on tariffs was set to expire.United States President Donald Trump…
Canada sheds tens of thousands of jobs as Trump tariffs hit | Unemployment News
Trump’s sectoral tariffs on steel, aluminium and autos have hit the manufacturing sector hard and reduced hiring.The Canadian economy lost tens of thousands of jobs in July, sending…
India may pause plans to buy US arms after Trump’s tariffs: Report | Business and Economy News
India is pausing plans to procure new weapons and aircraft from the United States in apparent retaliation for President Donald Trump’s tariff hike on its…
India’s Modi, Brazil’s Lula speak amid Trump tariff blitz | Narendra Modi News
India is signaling it may seek to rebalance its global partnerships after Trump’s salvo of tariffs on Indian goods.Indian Prime Minister Narendra Modi and Brazil’s…
Tougher transshipment penalties on US imports not immediate: Report | Business and Economy News
Tougher United States trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new US tariffs, three…
Toyota expects to lose billions as Trump tariffs weigh on auto sector | Automotive Industry News
The world’s top-selling carmaker joins a growing list of companies reporting profit hits because of tariffsToyota expects a $9.5bn hit from United States President Donald…
United States expects monthly tariff revenue to rise to $50bn | International Trade News
Commerce Secretary Howard Lutnick forecasts the revenue increase even as Trump announces higher pharma and semiconductor chip levies, which have yet to kick in.The United…
Trump’s higher tariffs take effect on imports from dozens of countries | Donald Trump News
Trump’s order is seeking to address trade practices Washington deems unfair, but small businesses may be harmed, and economists caution it could fuel inflation.United States…
Why Trump’s secondary tariffs on Russia could bite the US, its allies too | Russia-Ukraine war News
Top United States diplomatic negotiator Steve Witkoff visited Moscow on Wednesday in a last-ditch push to persuade Russian President Vladimir Putin to agree to a…
Could Trump’s trade strategy forge new alliances against him? | International Trade
Russia, India, China and Brazil refuse to bend to US tariffs.Brazil, India, China and Russia remain firmly in Donald Trump’s sights as targets for his…
White House says Apple to invest billions in US manufacturing | Business and Economy News
The White House is expected to announce the new deal as early as Wednesday.Apple will pledge $100bn for manufacturing in the United States that will…
Is Trump winning the trade war and at what cost to the economy? | Business and Economy
Donald Trump’s tariff policy is taking shape and the president is already touting benefits to the US economy.Donald Trump aims to rebalance the global trading…
US charges Chinese nationals with illegally shipping Nvidia chips to China | Trade War News
Prosecutors say two men ‘knowingly and willfully’ used California-based company to evade export controls on AI chips.Authorities in the United States have charged two Chinese…
Trump pledges to ‘substantially’ raise US tariffs on India over Russian oil | Donald Trump News
India rejects criticism of its business dealings with Russia as ‘unreasonable’, vowing to safeguard its own interests.Washington, DC – United States President Donald Trump says…