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Trump's pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty
After slashing billions in foreign aid, including shutting down the U.S. Agency for International Development, the Trump administration says it is forging a new approach: "commercial diplomacy." Trade,
Donald Trump reaps $50bn tariff haul as world ‘chickens out’
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
3M sees smaller tariff hit on 2025 profit amid easing US-China trade tensions
M raised its full-year profit forecast and projected a smaller tariff-related hit to its 2025 earnings on Friday, weeks after the U.S. and China arrived at a trade truce, sending shares of the industrial giant up nearly 4% in premaket trading.
Trump’s U-Turn on Nvidia Spurs Talk of Grand Bargain With China
Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach.
'Be clever with Donald Trump': Raghuram Rajan says China's tariff pain could be India's big shot
While cautioning against protectionism, Rajan said targeted tariff reductions could enhance competitiveness in sectors like auto manufacturing. “We produce certain kinds of cars very well,” he said, suggesting lower import barriers might even sharpen domestic performance.
Why Trump's tariffs may hit low-income households hardest
President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.
Trump's Tough Stance on Semiconductor Tariffs Could Soften, Wedbush Says
Key Takeaways President Donald Trump said late Tuesday that new tariffs on semiconductors could be coming soon, though Wedbush analysts suggested his stance could soften.The analysts pointed to Nvidia's assurances from the Trump administration of licenses to resume AI chip sales to China,
Faced with geopolitics and trade war, US companies in China report record-low new investment plans
American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.
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