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Business

Trump’s 104% Tariff on China Officially Comes Into Effect. Apple Is No Longer the World’s Most Valuable Company

Trump’s 104% Tariff on China Officially Comes Into Effect. Apple Is No Longer the World’s Most Valuable Company

by Xataka On
April 9, 2025

Impact on Apple. Apple’s shares keep falling. On Tuesday, they closed 5% lower, adding to a cumulative decline of 23% since Trump announced the first tariffs a few days ago....

US “reciprocal tariffs” will ultimately backfire

US “reciprocal tariffs” will ultimately backfire

by Al Jazeera
April 9, 2025

On April 2, the United States announced it would implement “reciprocal tariffs” on its trading partners, including a 34 percent tariff on China and rates ranging from 10 to 39...

Pakistan says the US companies seek to invest in the country’s untapped minerals sector

Pakistan says the US companies seek to invest in the country’s untapped minerals sector

by Associated Press
April 9, 2025

ISLAMABAD — U.S. companies are seeking to invest in Pakistan’s largely untapped minerals sector that boasts one of the world’s largest copper and gold deposits, the Pakistani government said Wednesday....

Economists Say America’s Trade Deficits, Which Trump Seeks to Close With Tariffs, Are a Sign of Dominance Not Weakness

Economists Say America’s Trade Deficits, Which Trump Seeks to Close With Tariffs, Are a Sign of Dominance Not Weakness

by TIME
April 9, 2025

WASHINGTON — By declaring a trade war on the rest of the world, President Donald Trump has panicked global financial markets, raised the risk of a recession and broken the...

Asian markets, US futures slide as Trump’s new China tariffs go into effect

Asian markets, US futures slide as Trump’s new China tariffs go into effect

by ABC News
April 9, 2025

Asian stocks plunged again during Wednesday’s trading session after President Donald Trump’s latest batch of sanctions on China came into force, helping wipe off Tuesday’s limited gains and compounding a...

Republicans are going public with their growing worries about Trump’s tariffs

Republicans are going public with their growing worries about Trump’s tariffs

by ABC News
April 9, 2025

WASHINGTON — Manufacturers struggling to make long-term plans. Farmers facing retaliation from Chinese buyers. U.S. households burdened with higher prices. Republican senators are confronting the Trump administration with those worries...

Trump’s sweeping global tariffs snap into effect, ushering in a new era of disruption

Trump’s sweeping global tariffs snap into effect, ushering in a new era of disruption

by NBC News
April 9, 2025

President Donald Trump’s unprecedented tariffs on global imports into the United States take effect Wednesday, reshuffling a global economic order that has largely stood for generations.  The mere announcement of...

What to watch for as Trump’s ‘reciprocal’ tariffs kick in

What to watch for as Trump’s ‘reciprocal’ tariffs kick in

by Al Jazeera
April 9, 2025

At 12.01am EST (04:01 GMT) on Wednesday, United States President Donald Trump’s “reciprocal” tariffs will kick in, ramping up a global trade war that has roiled stock markets and set...

Harsh trade retaliation from Canada, China show challenge ahead for Trump team

Harsh trade retaliation from Canada, China show challenge ahead for Trump team

by Los Angeles Times
April 9, 2025

WASHINGTON — Canada will begin imposing 25% tariffs on select U.S. car imports Wednesday, ratcheting up tensions between Washington and Ottawa as the rest of the world grapples with President Trump’s ongoing...

Asian shares deepen losses after another Wall St retreat as tariffs due to take effect

Asian shares deepen losses after another Wall St retreat as tariffs due to take effect

by Associated Press
April 8, 2025

BANGKOK — Asian shares sank again on Wednesday as the latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, was due to take effect. Japan’s Nikkei...

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Rubio, in Israel, Meets Netanyahu as Trump Grows Impatient
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Rubio, in Israel, Says a Diplomatic Solution to Gaza War May Not be Possible

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Inside the Deadly Game of Drone Warfare

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