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…
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…
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…
Vietnam has formally requested that the United States delay enforcement of a sweeping 46% tariff on Vietnamese exports, just days before the measure is set to take effect on Wednesday, April 9, 2025. In a bid to avert major disruptions to its export-driven economy, Hanoi has asked for a pause of at least 45 days…
Latin American governments and analysts are reacting to U.S. President Donald Trump’s sweeping new tariff plan, which was unveiled Tuesday under the banner of “Liberation Day.” The executive order introduces a wide range of import duties — from 10% to as high as 50% — targeting over 180 countries and dramatically altering the global trade…
In a rare show of regional unity, Japan, China, and South Korea have agreed to accelerate economic cooperation and revive stalled free trade talks, as U.S. tariffs threaten to upend global trade flows and hit Asia’s export-reliant economies. Meeting for the first time in more than five years, trade ministers from the three nations issued…
Asian stock markets plunged on Monday as the economic shock from sweeping new U.S. tariffs sent tremors across global financial markets. Investors across the region reacted with alarm, fearing that an escalating trade war could tip the world’s largest economy into a recession — with serious fallout for export-driven nations in Asia. Markets in Tokyo,…
Nintendo has postponed U.S. pre-orders for its long-awaited Switch 2 console, originally scheduled for April 9, as it evaluates the potential impact of the latest round of U.S. tariffs especially on Vietnam, where it shifted its base five years ago from China. “Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9,…
The European Union is poised to slap retaliatory tariffs on up to $28 billion (€25 billion) worth of U.S. imports within days, escalating trade tensions with Washington following sweeping new duties from President Donald Trump. Reuters reports the bloc will target a wide range of American products — including meat, cereals, wine, wood, clothing, chewing…
Enter any Supermarket, you will find all food prices shooting up. Food industry analyst Phil Lempert estimates that about 40,000 items — nearly half of all supermarket products — may be impacted by new tariffs, either directly or through ingredients. The tariffs, part of President Trump’s push for reciprocal trade, aim to counteract what he…
