Why Trump’s Tariffs Are Closing Factories in Lesotho

new video loaded: Why Trump’s Tariffs Are Closing Factories in Lesotho Recent episodes in Latest Video Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, Times Video journalists provide a revealing and unforgettable view of the world. Whether it’s reporting on conflicts abroad and […]

Saudi Arabia in June issues 83 new industrial licenses and opens 58 factories worth SR2.85 bn | World News

June saw Saudi Arabia add more than 3,000 new industrial jobs through factory openings and newly issued licenses/ Representative Image In a robust signal of Saudi Arabia’s accelerating industrial transformation, the Ministry of Industry and Mineral Resources announced the issuance of 83 new industrial licenses in June, amounting to over SR950 million ($253.3 million) in […]

‘Far too many still toiling’: 138 million children working in factories and fields; UN says end could take ‘hundreds of years’

The United Nations said on Wednesday that around 138 million children around the world are still working in factories and fields. Given the slow pace of progress, the organisation has warned that eliminating child labour could take “hundreds of years.”Nearly 40 per cent of these children were reported to be engaged in hazardous work in […]

China’s Garment Factories Face a Tipping Point After New Tariffs

Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou, long the center of China’s highly competitive garment industry. He and other factory managers, already dealing with tight profit margins, […]

‘American customers won’t buy anything this year’: Trump’s 104% tariffs dim festive cheer for China’s Christmas factories

Chinese producers of plastic Christmas trees and other holiday items say they’ve yet to receive any orders from their US clients – and they fear they may not get any at all, reports news agency Reuters. The delay comes amid soaring US import tariffs, with US President Donald Trump ramping up levies on Chinese goods […]

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