U.S. tariffs News

Asian Exports to the U.S. Set for Dramatic Drop: What's Behind the Sudden Shift?

Trade analysts predict a sharp decline in Asian exports to the U.S. due to the end of the pre-order effect and new tariffs, with potential drops of 20-30% by early next year. Exper...

European Markets Tumble Over 2% Amid Rising U.S. Tariff Concerns and Global Uncertainty

European stock markets dropped over 2% due to U.S. tariff announcements, causing global uncertainty. Key indexes like DAX and CAC 40, along with major companies, faced significant ...

South Korea's Exports Defy U.S. Tariffs with a 5.9% Surge in July, Led by Semiconductors and Automobiles

South Korea's exports grew by 5.9% in July despite U.S. tariffs, led by record semiconductor sales and strong performances in automobiles and ships. Exports to the U.S. and ASEAN i...

European Markets Tumble as U.S. Tariffs Spark Trade War Fears, Inflation Data Awaited

European markets opened lower amid U.S. tariff impositions, with significant drops in major indexes like DAX and CAC 40. Investors eye Eurozone inflation data for further clues.

Korean Business Sentiment Hits Record Low Amid U.S. Tariff Fears: A 3-Year Downward Spiral

The Federation of Korean Industries’ Business Survey Index (BSI) shows a continued decline in business sentiment among Korea's top companies, with August 2025 outlook at 92.6. Conc...

Hyundai Motor Faces Profit Dive Amid Record Sales: The Impact of U.S. Tariffs

Hyundai Motor Co. experiences a sharp decline in operating profits due to U.S. tariffs, despite record sales driven by eco-friendly and SUV models. The company's strategic adjustme...

Vietnam's Gold Prices Soar to a Two-Month High Amid Global Economic Uncertainty

Vietnam's gold prices hit a two-month peak, with Saigon Jewelry Company gold bar and gold ring prices seeing notable increases. Global economic uncertainties and new U.S. tariffs h...

EU Forges New Trade Partnerships as Tensions with U.S. Over Tariffs Escalate

The EU is forming new trade alliances with countries like Canada, Japan, and India in response to U.S. tariff policies, signaling a potential shift in global trade dynamics. Effort...

Global Tensions and Tariffs Spark Significant Rise in Gasoline and Diesel Prices

Gasoline and diesel prices have risen significantly, influenced by geopolitical tensions in the Red Sea and U.S. tariffs. RON95 increased by 0.95%, Biofuel E5 RON92 by 1.08%, and d...

China's Strategic Export Shift: Dodging U.S. Tariffs Through Southeast Asia

Chinese firms are increasing exports to the U.S. via Southeast Asia to avoid high tariffs, leading to a significant shift in trade patterns reminiscent of the 2018 trade war.

Global Gold Prices Take a Dip as Trade Optimism Dampens Safe-Haven Demand

Gold prices have seen a slight decline, with Saigon Jewelry Company reporting drops in both gold bar and ring prices. Globally, the decrease is attributed to U.S. trade optimism, a...

U.S. Tariff Concerns Trigger a 15% Plunge in FDI Inflow Declarations During First Half of 2025

First half of 2025 sees a 15% drop in FDI inflow declarations, attributed to U.S. tariff concerns and trade uncertainties. Greenfield and M&A investments decline, with significant ...

Nvidia Halts GPU Design Transfers to China Amidst U.S. Tariff Compliance Concerns

Nvidia Corporation has decided to stop sending its GPU designs to China to comply with U.S. export controls amid President Trump's tariffs, marking a significant moment in U.S.-Chi...

Global Trade Tensions Rise: APEC Leaders Voice Concern Over U.S. Tariffs and WTO Challenges

APEC leaders have issued a joint statement expressing concern over global trade disputes, especially U.S. tariffs, and stressed the importance of cooperation and the WTO. South Kor...

Walmart CFO Warns: Expect Price Hikes by End of Month Due to U.S. Tariffs

Walmart's CFO John Rainey predicts price hikes due to U.S. tariffs, warning consumers of increases by month's end. Despite a strong revenue report, the retail giant faces challenge...

Fitch Forecasts Significant Base Rate Cut by Bank of Korea to 1.75% Amid Economic Slowdown

Fitch Ratings forecasts the Bank of Korea will lower its base rate to 1.75% due to economic slowdown, with weak domestic demand and exports. The agency also discusses potential imp...

South Korea's Economic Sentiment Index Rises Slightly Amidst Global Tariff Tensions and Semiconductor Surge

South Korea's economic sentiment index improves slightly despite U.S. tariff concerns, driven by semiconductor sector growth. Manufacturing and non-manufacturing sectors show resil...

IMF Slashes Global Growth Forecast for 2025 to 2.8%, Citing U.S. Tariffs and Economic Reset

The IMF has revised its global growth forecast for 2025 down to 2.8%, citing U.S. tariffs and an economic reset. The U.S., China, and Eurozone face lowered growth projections, with...

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government predicts economic stagnation in 2025, a historic first of no growth for three consecutive years, due to global trade uncertainties and U.S. policies.

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government expects economic stagnation in 2025, marking the first time in history for three consecutive years of no growth. Revised forecasts attribute this to global tr...

South Korea's Exports Plummet 14.3% to U.S. Amid Escalating Tariff Wars and Global Trade Tensions

South Korea's exports to the U.S. dropped by 14.3% in early April amid tariff wars, contributing to a wider trade deficit. Exports to China and other regions also declined, though ...

ECB's Lagarde Warns of Exceptional Uncertainty Amid U.S. Tariffs and Calls for Euro Area Resilience

ECB President Christine Lagarde warns of exceptional economic uncertainty due to U.S. tariffs, while calling for urgent fiscal and structural reforms to boost the euro area's resil...

ECB's Lagarde Warns of Exceptional Uncertainty Amid U.S. Tariffs and Economic Challenges

ECB President Christine Lagarde addresses the economic uncertainty fueled by U.S. tariffs, noting potential growth in the euro area but warning of consumer and investment impacts. ...

ECB's Lagarde Warns of 'Exceptional Uncertainty' Amid U.S. Tariffs and Calls for Euro Area Resilience

ECB President Christine Lagarde warns of 'exceptional uncertainty' due to U.S. tariffs, with unclear impacts on the euro area economy. Despite signs of stabilization in manufacturi...

ECB's Lagarde Warns of Exceptional Uncertainty Amid U.S. Tariffs and Calls for Eurozone Resilience

ECB President Christine Lagarde discusses the economic uncertainty caused by U.S. tariffs and stresses the need for policy actions to strengthen the eurozone's resilience and compe...

Ford Threatens Vehicle Price Hike in May if U.S. Tariffs on Foreign Cars Stay Unchanged

Ford Motor Company may increase vehicle prices in May due to U.S. tariffs on foreign-made cars, as communicated in a memo to dealers. The move hinges on President Trump's tariff po...

Toyota Steps Up to Cover U.S. Tariff Costs, Easing Global Auto Industry Concerns

Toyota Motor Corporation will cover the added costs from new U.S. tariffs on imported cars, alleviating some concerns in the global automotive industry. Suppliers express anxiety o...

Asian Markets Rally as U.S. Pauses Tariffs on Key Electronics, Sparking Investor Optimism

Asian stock markets surged after the U.S. announced a pause on tariffs for certain electronics, including smartphones and computers, though semiconductor levies are pending. Key in...

ECB's Lagarde Vows to Utilize All Tools Amid U.S. Tariffs for Market Stability

ECB President Christine Lagarde announces the bank's preparedness to use all necessary tools to ensure financial stability against U.S. tariffs, amid observed market volatility but...

ECB President Lagarde Vows to Utilize All Tools Amid U.S. Tariff Turbulence

ECB President Christine Lagarde commits to using all necessary tools to maintain stability against U.S. tariffs, while monitoring market volatility and exchange rate impacts on inf...

Kashkari Warns: U.S. Tariffs Could Fuel Inflation, Challenging Fed's Strategy

Minneapolis Fed President Neel Kashkari discusses the impact of U.S. tariffs on inflation and economic growth, noting the Fed's challenge in ensuring tariffs don't lead to long-ter...

ECB's Lagarde Signals Readiness to Deploy Tools Amid U.S. Tariff Tensions

ECB President Christine Lagarde announces the bank's readiness to use all available tools to ensure stability amidst U.S. tariff tensions and market volatility, while closely watch...