Business

[ad_1] What Samsung and Vietnam stand to lose in Trump's tariff war [ad_2] Source link

[ad_1] As news broke on Friday that Britain’s economy had grown by a striking 0.5 per cent in February, well above analysts’ expectations, chancellor Rachel Reeves was having breakfast in Downing Street with economists. The GDP bump was relayed to Reeves by an aide over WhatsApp, prompting the chancellor to surreptitiously reply with a “heart”…

[ad_1] A tariff-induced meltdown of U.S. equity and bond markets has been spooking financial circles. But stocks and Treasuries aren’t the only assets on the fritz—the U.S. dollar is also falling, with analysts warning of a global “de-dollarization” in response to the Trump administration’s frenetic foreign policy decisions. “We are witnessing a simultaneous collapse in…

[ad_1] Anand Mahindra can’t wait to get back home from the US because all the action is happening in India with a new, stable government led by Narendra Modi in place. Hours after chairing a board meeting of Mahindra & Mahindra at midnight US time, the company’s chairman and MD spoke on Saturday to Satish…

[ad_1] Premier of Ontario Doug Ford hopes a deal can be made with the United States dropping tariffs. Ford believes a new trade deal can be made between the two countries, this time excluding Mexico. Government officials in Canada are hoping to strike a deal with the United States to end the ongoing trade war….

[ad_1] China retaliates again in Trump's trade war, prompting flight from US assets [ad_2] Source link

[ad_1] At a cabinet meeting on Thursday, as US equity indices showed new signs of distress at Donald Trump’s trade policies, the president turned to Scott Bessent for an update on the markets. “I don’t . . . see anything unusual today,” the Treasury secretary responded, trying to offer Trump some comfort by citing lower inflation figures, a…

[ad_1] The Trump administration’s trade war with China backfired for the president’s senior advisor Elon Musk when Tesla was forced to pull two cars from its biggest growth market. His electric vehicle manufacturer is no longer accepting orders for its premium Model S sedan and sibling Model X crossover. Both built exclusively in California for…

[ad_1] The central government has complete power with a clear mandate, but directives from the Centre have to be executed well at the state level. So, there are many things that are still not in Modi’s hands, says Raamdeo Agrawal, Joint Managing Director, Motilal Oswal Financial Services in an interview with Narendra Nathan and Sanket…

[ad_1] Shrimpers along the Gulf Coast are calling for stronger federal protections, saying unfair foreign trade practices and international investment are devastating their industry. Shrimpers along the Gulf Coast say they need more help from the federal government with cheap shrimp imports from countries like Ecuador, India, Indonesia, and Vietnam driving down local demand. With…