Tariffs

Samsonite Plans to Raise Luggage Prices After Latest Round of Tariffs

Samsonite has warned retailers it intends to increase wholesale luggage prices by 10% in the wake of this week’s latest round of tariffs imposed by …

Luggage

NAFTA deal unlikely this week, sources say, raising fears of Trump tariffs

What happens if Canada, U.S. miss deadline? The two countries remain at odds on core issues, including dairy and dispute panels.

Trade Pact

‘Angriest Man’ Creates Tariff Headache for Made-in-USA Bicycles

Arnold Kamler has experienced the trade dispute between President Donald Trump and China first hand, and is trying to respond as quickly as …

South Carolina

Singapore consumers can choose electricity provider from November

SINGAPORE: Starting November, all 1.4 million electricity consumers in Singapore will have the option of choosing their preferred electricity price …

Energy Market

America is winning the trade war and here's the proof, market watcher says

The U.S. and China fired their latest billion-dollar shots in the escalating trade war this week.<p>One market watcher is ready to declare a winner.<p>"You …

Stock Markets

Caterpillar leans on old playbook to cope with Trump tariffs

CLAYTON, N.C. (Reuters) - Six months into the U.S. tariffs on imported aluminum and steel, Caterpillar Inc (CAT.N) is finding that one of the best ways it can protect profits is a cost cutting strategy that is more than two years old.<p>At this sprawling factory in central North Carolina where it …

Caterpillars

Taiwan Woos Firms Away From China Amid Trump's Tariff War

The Taiwanese government is drawing up measures to encourage companies with factories in China to shift operations back to Taiwan, in response to the …

Trade War

Potential NAFTA collapse poses major risk to Canada, conference board warns

Canada’s economic growth could be pared by about a quarter next year if the North American Free Trade Agreement collapses, and the drag will be …

Canada

Donald Trump’s currency confusion continues | Jeffrey Frankel

Next month, the US Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. For his part, President Donald Trump is already accusing China of doing so, as he did throughout the …

Bank of China

Global Markets: Ebbing trade worries push world stocks to highest in over half a year

LONDON (Reuters) - World shares hit their highest levels in over six months on Friday, as investors gravitated to the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared.<p>Shares in Europe rose strongly at the open, extending a …

European Union

Forex- U.S. Dollar Inches Forward as Yen Falls

The dollar continues to edge forward.<p>Investing.com - The U.S. dollar was slightly higher against other currencies on Friday while the Japanese yen …

Forex

China Retaliates Less Than Expected in Tariff War

After another volley of US-China trade tariffs, stocks have gained ground. The Standard & Poor’s 500 index rose 0.5% on 18 September, and the rally …

Research Papers

Italy's Populist Dreams, New Brexit Plans, Fealty to Xi: Eco Day

• Finance Minister Giovanni Tria will soon receive the last piece of economic data needed to decide whether Italy can afford to start tax cuts and …

Italy

Japan’s Economy Was a Cautionary Tale. Now It’s Starting a New Chapter.

© Reuters. Japan’s Economy Was a Cautionary Tale. Now It’s Starting a New Chapter.<p>(Bloomberg Opinion) -- The world's third-largest economy has …

Morgan Stanley

China's second-in-command: We're facing 'greater difficulties' in keeping economy stable

TIANJIN, China — As U.S.-China trade tensions are escalating, Chinese Premier Li Keqiang said Wednesday his government is able to help the domestic …

China

Want to know how Trump’s tariffs will work out for Americans? Consider the washing machine

Attention, Kmart shoppers. Thanks to Donald Trump’s trade war with China, your prices might be about to go up.<p>Sure, the cost of everyday goods haven’t noticeably increased so far—in no small part because the administration adroitly avoided Chinese-made consumers products in its first round of …

Washing Machines

Trump’s trade war brings unexpected boom for knockoff designer bags from China

By Danielle Paquette<p>Danielle Paquette<p>Reporter focusing on national labor issues<p>Email Bio Follow<p>BEIJING — When President Trump threatens China with more tariffs, Lulu thinks of her commission checks and smiles.<p>It’s a good time to work in the fake-handbag business.<p>The shadow industry — already a big …

Michael Kors

While Demand For Rice In Japan Is Down, Prices Are Going Up

The Japanese are eating less rice. But prices are now so high that they are buying imported race, rather than the home-grown version. It's also a story of tariffs, subsidies and incentives.

Japan

China cutting import tariffs amid US trade war: Report

Beijing is looking to cut tariff rates on imports from some of its major trading partners as early as October, Bloomberg reported on Thursday, citing two people familiar with the matter.<p>The move is part of an effort to lift economic growth by boosting imports and opening its economy.<p>However, …

Economy

WATCH: Trump-backing steelworker admits GOP tax cuts have only benefited his 'assh*le' boss so far

Erich Collins, an Iraq War veteran and current steelworker, supported President Donald Trump in 2016 — but he now fears that the president’s …

Liberal View

Chinese petcoke buyers turning to Russia, Mideast after U.S. tariffs

Chinese petcoke buyers turning to Russia, Mideast after U.S. tariffs<p>SHANGHAI, Sept 21 (Reuters) - Chinese importers of petroleum coke are buying more …

China

Trump's trade war

<b>ANALYSIS/OPINION:</b><p>President Trump increased his tariffs on Chinese imports this week, believing that Beijing will eventually cave to his trade reform …

China

China and America May Be Forging a New Economic Order

It’s not a Cold War. But the dispute between the world’s two largest economies is taking the world into unknown territory.<p>“New U.S.-China Tariffs Raise Fears of an Economic Cold War,” proclaimed a <i>Washington Post</i> headline. <i>The New York</i> <i>Times</i> alleged that the United States and China were already “on …

China

Theresa May's leadership is in crisis after being humiliated by EU leaders

LONDON — Theresa May is in the midst of a serious crisis for her leadership after European leaders roundly demolished the Chequers plan she had spent the entire summer selling as the only credible plan for Brexit.<p>Donald Tusk, European Council President, on Thursday said May's idea that the UK could …

U.S. Politics

Exit Brexit: It's Time For Theresa May To Reverse The U.K.'s Mistake

Britain’s non-binding resolution, to leave the EU (aka Brexit) is moving forward because one weak-willed and weak-minded politician, U.K. Prime Minister Teresa May, is treating the 2016 opinion poll as legally binding. It wasn’t and isn’t.<p>Anyone who has seriously studied economics knows that free …

Boris Johnson

China-U.S. Tariff Battle Spells Long Term Pain for Entertainment

The entertainment industry may be feeling relieved that the latest $200 billion round of tariffs announced on Monday by Donald Trump against Chinese …

China

Tariffs could sow trouble for GOP candidates in farm districts

SPANGLE, Wash. — In the aptly named Harvester Restaurant, wheat farmer Roy Dube makes clear he’s no fan of President Donald Trump’s trade policy.<p>“We …

Politics

Micron Shares Slide After Chipmaker Warns Trump Tariffs Will Hit Margins

Micron Technology Inc. (MU) shares fell sharply in pre-market trading Friday after the chipmaker said President Donald Trump's decision to apply …

Micron

Walmart warns Trump tariffs may force higher prices - report

The world’s largest retailer has issued a warning to its customers about the impact tariffs will have.<p>Two weeks ago, Walmart wrote to U.S. Trade Representative Robert Lighthizer, warning that if the Trump administration imposes a tariff on Chinese imports, it may hike product prices, according to a …

Trump Administration

Tech news: Musk under investigation, China tariffs, Facebook's victory

This week, on Technically Speaking: Elon Musk's troubles continue; the Trump administration has slapped tariffs on Chinese exports which will affect …

China Tariffs