Wipe Archives - 9xm News

May 9, 2025
International
World

How Trump’s trade war can wipe out toilet papers in US

Brazil’s top pulp exporter, Suzano SA, has warned that US president Donald Trump’s new tariffs are disrupting shipments of a key material used in making toilet paper. The Brazilian company reported that its exports of bleached hardwood pulp to the US dropped by 20% in April compared to the same time last year. This type […]

April 5, 2025
International
World

US tariffs wipe out $9 trillion in global markets; Trump says will ‘supercharge economy’

Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly […]