US exempts computers, smartphones from Trump tariffs
Smartphones, computers and other electronics are exempted from the growing tariffs trade offensive by the Trump administration. A notification released late Friday night by the US Customs and Border Protection Office said a host of popular high -tech products for American consumer will not be subject to tariffs and will buffer the public from the…
US Tariffs Update: EU postpones countermeasures by 90 days
The tariff between the US and China remains unsettled as US President Donald Trump on Wednesday increased the tariff on Chinese products by 125%. Within a few hours, China retaliated and implemented 84% tariff on imports from the US. China’s Foreign Ministry said that this US strategy ‘will not win the support of the…
Brazil’s Embraer to suffer from US tariffs as costs of jets ‘fly high’
The global economy is in a state of flux following the introduction of new tariffs by U.S. President Donald Trump and the jitters can be seen in Brazilian jet maker Embraer, which has voiced concerns citing costs of jets to be higher and even flying high along with their jets. The tariffs, which are expected…
South Korea’s Acting President Holds First Call With Trump Amid Tariff Tsunami
Acting President Han Duck-soo of South Korea held his first phone conversation with U.S. President Donald Trump on Tuesday, breaking days of diplomatic silence following the stunning ouster of President Yoon Suk Yeol, whose abrupt imposition of martial law last year plunged the country into political turmoil. The call marked the first direct communication between…
“Waiting For A Call” Says Trump But Beijing Still Seen Reluctant
Wall Street staged a resilient rebound Tuesday, clawing back some of last week’s historic losses as hopes flickered that President Trump might leave the door open for dialogue with Beijing—even as his administration prepares to implement the most aggressive tariff package in modern U.S. history. The market’s response underscored both its deep anxiety and its…
Wall Street Climbs as Hopes Rise for Tariff Thaw; Japan Trade Team For Talks Soon
U.S. stocks roared back on Tuesday, staging a dramatic rebound fueled by hopes that the White House might soften its stance on tariffs after President Trump announced that Japan would dispatch a delegation for trade talks. Investors, rattled by fears of a deepening global trade war, found a glimmer of optimism in signs that negotiations…
South Korean Stocks Take Huge Hit, Plummet 5.5% As Monday Bloodbath Continues
South Korean stocks took a significant hit, plummeting more than 5.5 percent on Monday. This marked the fourth consecutive day of losses, a trend triggered by panic selling in response to escalating global trade tensions sparked by US reciprocal tariffs. The Korean won also experienced its most significant fall since the COVID-19 pandemic against the…
US Tariff Shock Triggers Singapore’s Worst Market Plunge Since 2008, Trails Nikkei
Global markets continued to reel from the economic fallout of sweeping U.S. tariffs, with Singapore and Japan suffering their steepest stock declines in years amid mounting fears of a trade-driven global recession. Singapore’s Straits Times Index (STI) nosedived 8.7% at the open on Monday, dropping to 3,494.39, marking the worst single-day fall for the benchmark…
Japan’s Nikkei Sinks to 1.5-Year Low Trailing Global Recession Fears
Japan’s Nikkei share average nosedived on Monday to its lowest level in a year and a half, as growing fears of a global recession triggered by sweeping U.S. tariffs sent investors fleeing from equities—particularly bank and tech stocks. The Nikkei 225 index dropped as much as 8.8% during the day to hit 30,792.74, its lowest…
Chronology of US Trade Tariffs Unveiled by Trump Admn Since January 2025
As the global countdown begins toward the April 9 deadline for implementation of sweeping U.S. tariffs, diplomatic activity is intensifying across Asia and Latin America, with allies and trade partners scrambling to negotiate exemptions or delays. President Donald Trump’s April 2 executive order imposing “reciprocal tariffs” of up to 50% on nearly 185 countries has…
