U.S. President Donald Trump. | Photo Credit: Reuters U.S. President Donald Trump announced on Sunday (May 4, 2025) a 100% tariff on movies produced outside of the United States, saying the U.S. movie industry was dying a “very fast death” due to the incentives that other countries were offering to draw American filmmakers. “This is […]
Haley Stevens (Image: AP) LANSING: Fourth-term US representative Haley Stevens has launched her run for Michigan’s open US senate seat on Tuesday with a video focused on the economic crisis caused by President Donald Trump‘s volatile tariffs policies. Walking through a lot full of pickup trucks and SUVs to make the case that she’s the […]
Washington: The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump’s tariff rollout, the head of the International Monetary Fund said Thursday. The stop-start US tariff plans have fueled levels of market volatility unseen since the Covid-19 pandemic, and most economists expect the imposition of new […]
US President Donald Trump took to Truth Social on Wednesday to declare that the US is collecting “RECORD NUMBERS” in tariffs while prices of “gasoline, groceries, and just about everything else” are falling — a message of economic victory under his leadership: “Promises Made, Promises Kept!” But his celebration comes as confusion deepens around his […]
Washington: Donald Trump believes it is up to China, not the United States, to come to the negotiating table on trade, the White House said Tuesday, after the US president accused Beijing of reneging on a major Boeing deal. “The ball is in China’s court. China needs to make a deal with us. We don’t […]
US President Donald Trump has doubled down on his commitment to revitalising American manufacturing, proposing steep tariffs to push companies into producing goods domestically. This means challenges for tech giants like Apple, Dell and others who have huge manufacturing set-ups in China. Though over the past few years, Apple has moved some of its supply […]
Japan seeks quick resolution to US tariffs as profits decline. Economic Revitalisation Minister Ryosei Akazawa will negotiate in Washington this week. He aims to review Trump’s tariffs. Japanese firms are major US investors. Vehicles form a large part of Japan’s exports to the US. Prime Minister Shigeru Ishiba discussed the tariff impact with Singapore’s Prime […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s sweeping tariff plans have triggered growing anxiety among Americans, with many blaming his policies for worsening economic conditions, even as most Republicans continue to back his strategy. According to a CBS News/YouGov poll, the country remains sharply divided on whether Trump has […]
This is a representational AI image American importers are finding it hard to cope with a wave of new tariffs on Chinese goods announced by US President Donald Trump, with some warning of dire consequences. Rick Woldenberg, CEO of Illinois-based educational toy company Learning Resources, called the situation “the end of days” after Trump abruptly […]
Capping a day dominated by a back-and-forth between the US and China, Donald Trump on Wednesday made two major announcements on tariffs, giving all other countries a breather but doubling down on his tough stance on Beijing. After the US raised tariffs on China to 104%, Beijing retaliated, announcing that it will impose a levy […]
