US tariffs bite Chinese industry

Meta said it would boost its spending on AI this year, and Jay Powell says he will stay on as a Federal Reserve governor once his term as chair ends. Plus, the special relationship between the UK and US held up under intense pressure, and defence stocks are struggling despite the ...  Show more

Federal regulators launched a probe into all Disney-owned TV stations after a late-night comedian made a joke about First Lady Melania Trump, and emerging market stocks have recovered all of their losses from the early stages of the Iran war to hit an all-time high, and the Unite ...  Show more

President Trump's new tariffs went into effect just after midnight as U.S. trade partners seek negotiations. President Trump has raised the import tax on Chinese goods to a minimum of 104 percent. And, the U.S. Supreme Court has said the Trump administration is free to proceed wi ...  Show more

President Trump faces questions on whether tariffs will remain in place as he welcomes trade negotiations with other countries. Forecasters warn of a heightened risk of recession as tariffs could mean higher prices and slower economic growth. And, the Trump administration has two ...  Show more

As Donald Trump declares a trade war on the rest of the world, it’s time to learn about a field of economic research known as “weaponised interdependence”. The bad news is that the US president’s weapon of choice – imposing tariffs on goods imports – is a fairly outdated tool of ...  Show more

President Donald Trump thinks that Asia's goods exports are automatically America's loss and as part of his ‘reciprocal’ tariff policy, he has imposed some of the highest import taxes on goods from south-east Asia. So what does this mean for the region? And are Trump's policies p ...  Show more