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U.S. TARIFFS ON IMPORTED CARS
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....- Birthright citizenship ruling explained: Supreme Court rejects Donald Trump’s executive order. Will that stop U.S. President from setting criteria for American citizens?Birthright citizenship order, which Donald Trump signed on the first day of his second term, is part of his administration’s broad immigrat...
- US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
- Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
- Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plantWhirlpool's drastic decision to cut over half its Iowa plant's workforce throws a wrench in President Trump's tariff strategy designed to b...
- Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
- Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...
- Iran-U.S. war erupts again: Donald Trump threatens to wipe out Iran, America strikes at missile, drone storage facilities, coastal posts, claim IRGCIran-U.S. confrontation over Stratit of Hormuz and other issues continue to escalate as President Donald threatened to wipe out Iran.
- Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
- Gold gains as dollar weakens; still on track for fourth straight weekly lossGold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following ...
- IMF economist says dollar remains at heart of global financial systemDespite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, according to the IMF's chief econ...
- Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- EU governments adopt legislation to fulfil EU side of US trade dealEuropean Union governments have greenlit legislation to eliminate import duties on numerous U.S. products, honouring a trade pact with Pres...
- Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...
- Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...
- US Stock Market: Fed's Goolsbee says inflation outlook hinges on tariffs, services pricesChicago Fed's Austan Goolsbee highlighted the central bank's primary challenge: discerning if inflation's current surge will persist or fad...
- India seeks tariff advantage over peers in push to finalise US trade dealIndia's trade minister, Piyush Goyal, revealed on Monday that a trade agreement with the United States is experiencing delays. The primary ...
- US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
- US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
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