#trade-tariffs

#trade-tariffs

Modi's visit to Tianjin for a regional security summit comes days after the US doubled tariffs on Indian exports to 50%, citing New Delhi's refusal to stop buying Russian oil. The row has upended years of deepening cooperation between India and the US, built on technology and a shared determination to counter Beijing's global ambitions. It has also forced India to aggressively look elsewhere to diversify its trade.

Instead, Robertson said, voters are distracted by the political noise of President Donald Trump's policies, while the real drivers of grocery sticker shock- labor shortages, and tariffs-continue to tighten their grip. Deportations have thinned fields and stripped farms of undocumented workers who "overwhelmingly" make up the agricultural workforce. At the same time, new tariffs on staples like tomatoes, coffee, and orange juice are pushing up costs on imports, leaving few affordable alternatives.

Trump has warned tariffs on countries imposing digital taxes on US tech firms. He said measures such as the UK's digital services tax and similar rules in France, Italy and Spain discriminate against companies like Google, Meta, Amazon and Apple. Trump said he will add tariffs on exports and restrict technology sales if those policies stay in place.

Target is in trouble. And while it's easy to get lost in the company's recent (poor) handling of American culture war narratives that cast it as too woke or too willing to cave to online fascists, the root of Target's problems runs deep. Don't get me wrong the massive consumer boycotts from Black organizers have done damage. And there are probably folks on the far right who think even Target's toned-down, overwhelmingly beige Pride merch this year was still too loud.

The PlayStation parent cited "challenging economic environment" as the reason for the price increase. PS5 Price Hiked in the US The price of the standard physical edition PS5 is going up from $499.99 to $549.99, Sony announced in a PlayStation Blog post on Wednesday, calling the price hike a "difficult decision". PS5 digital edition now costs $499.99, up from $449.99. The PS5 Pro, too, gets a $50 price hike, up from $699.99 to $749.99

Toyota indicated it faces a 1.4tn yen hit from Donald Trump's trade tariffs, affecting net profits and leading to a cut in guidance for the upcoming year.

South African equities showed resilience, with the JSE All Share Index rising above 100,500, driven by sectors including communications, health services, and non-energy minerals.

Trump stated that his special envoy, Steve Witkoff, made "great progress" in his three-hour meeting with Putin, aiming to end the ongoing war in Ukraine.

Every summer, there is a brief window when the produce is exquisite, especially tomatoes which are unparalleled. Enjoy them while you can.

"We responded swiftly, but there was a near-term hit to output and sales," Ostermann said.

After leading market gains last year, artificial intelligence (AI) stocks are at it again. Investors became more optimistic that President Trump's import tariffs won't represent as much of a headwind for companies as initially expected.

The current uncertainty caused by unjustified tariffs cannot persist indefinitely, and the EU is preparing for all outcomes, including well-considered, proportionate countermeasures.

Three in 10 UK SMEs fear losing up to £20,000 due to Trump's new trade tariffs, making energy savings essential. Business energy experts recommend conducting energy audits to find savings.

President Trump announced a 25% trade tariff on all imports from Japan and South Korea, which are key suppliers of autos, electronics, and steel.

Super Micro Computer Inc., despite being a target for short sellers, is considered to have significant growth potential driven by the explosive demand in the IT services industry.

Steel is at the beginning of the value chain, so you create a lot of instability for all these supply chains that get disrupted that now all of a sudden have to deal with much more expensive steel.

Hedge funds exhibited the largest sell-off of European shares in a decade, prompted by trade tariff concerns and the euro's strength diminishing exports.

As we expected, the first quarter has been weaker,” said executive board member Dr. Jochen Breckner in a statement. “In addition, the macroeconomic situation will remain challenging.

"First you have the loonie was at its weakest at the end of November, then you have the devastating wildfires in Los Angeles, and then you have all this tension, the trade tariff tension."

According to MoneySavingExpert founder Martin Lewis, the "Trump effect" is helping to drive down wholesale energy prices, which means a small drop in domestic bills is likely this summer.

The trade tariffs implemented during Donald Trump's administration may inadvertently shift demand for soya-bean exports away from the United States, leading to increased deforestation risks.