Tariff

Trump tariff effect: Shoemaker Skechers becomes private company, sold for $9 bn

Skechers shares jumped 25% to $61.86 on the news, regaining some ground after dropping nearly 30% this year as the company withdrew its annual results forecast in April and warned of the fallout from President Donald Trump's 145% import tariff on Chinese goods

US seeks to weaken UN deal on development finance, internal draft shows

The United States is working to weaken a global agreement designed to support developing countries facing the impacts of climate change and related challenges, according to an internal United Nations document reviewed by Reuters.

Trump's 100% tariff on foreign films: What does this mean for Hollywood? Will Indian cinema be hit?

Donald Trump is taking his trade war to the big screen. He plans to impose a 100 per cent tariff on ‘all movies coming into our country that are produced in foreign lands’, stating that the ‘movie industry in America is dying a very fast death’. How will the tariffs work? And how will this affect the film business?

Trump tariffs pushing America to 'something worse': Billionaire who predicted 2008 recession

American billionaire who predicted the 2008 global recession, Ray Dalio, slammed the tariff policy of US President Donald Trump and predicted that 'something worse than a recession' could hit the country's economy

As China evaluates trade deal, Beijing asks US to 'show sincerity'

Stating that China has noticed the US constantly talking about adjustments to its tariff measures, the spokesperson said that "in any potential dialogue or talks, if the United States does not rectify its erroneous unilateral tariff measures, it would demonstrate a complete lack of sincerity and further undermine mutual trust"

The last of pre-Trump tariff Chinese ships reaching, America braces for economic, job fallout

As the final wave of Chinese cargo ships loaded before the Trump administration's sweeping new tariffs arrives at the US ports, economists and businesses are bracing for a seismic impact on prices, jobs and supply chains.

Is China discussing a tariff deal with Trump? Beijing says ‘currently evaluating’ negotiation offer

China has said that it is ‘currently evaluating’ an offer to negotiate from the United States, but has maintained that the Donald Trump administration needs to show sincerity to enter talks

Trump’s trade war by numbers: Who benefited, who bled and what comes next?

The US economy contracted by 0.3 per cent in Q1 2025, marking its first decline in three years, largely due to Trump-era tariffs. China’s factory activity fell to a 16-month low, while Taiwan’s GDP surged 5.4 per cent on pre-tariff tech exports. Europe saw 0.4 per cent growth before tariffs hit and Canada is on track to miss GDP estimates

US 'proactively' reaching out to Beijing for tariff talks: Chinese state media

Beijing has made a list of US goods that would be exempted from its 125 per cent tariffs and has been quietly notifying its companies about the development

US GDP report: American economy contracts in first quarter amid Trump's tariff war

US' GDP has unexpectedly contracted in the first quarter of this year. The early impact of President Trump's tariffs, among other policies, weighed on growth