The Japanese government will continue asking the U.S. to exempt the Asian country from new U.S. tariffs, the country's trade minister said. Yoji Muto, Japan's minister of economy, trade and industry, ...
Back-of-the-envelope calculations from economists suggest that the average U.S. tariff rate will be around 22%, last seen in 1910 and higher than the infamous Smoot-Hawley Act of 1930.
Bond yields have risen in recent years as the Bank of Japan raised rates gradually on the back of an economic recovery and a return of modest inflation. In March, the BOJ kept its policy rate ...
Chinese liquor giant Kweichow Moutai expects single-digit sales growth in 2025 after reporting in-line net profit growth last year, with economic woes curbing demand in its domestic market. Net profit ...
Tariffs unveiled against dozens of countries by President Donald Trump Wednesday sent stock markets reeling as the levies are ...
Wall Street has been prepping for the tariff rollout on Wednesday, leading investors to put money into the world's safest assets at a dizzying pace. Chinese firms invested billions of dollars setting ...
Shares of RH fell sharply after hours on Wednesday after the luxury furniture chain's full-year sales outlook came in shy of expectations, amid a forecast of what it characterized as a "higher-risk ...
BlackBerry IVY—the result of a partnership with Amazon Web Services—could create a revolutionary software ecosystem for connected vehicles, allowing OEMs to process, analyze, and monetize massive ...
China faces a 34% tariff that will be stacked on existing duties, meaning that the base tariff rate on Chinese imports will be 54% after April 9. Elsewhere in Asia, Japan will get a 24% tariff, Taiwan ...
Alternatively, Apple may spread out the costs across its supply chain. But if customers feel the costs, Apple will count on strong retention rates because of its brand and a rich ecosystem, thanks to ...
Friedman, during RH's call, said the U.S. had leverage to negotiate more favorable trade deals and extract other concessions. And he said other nations would likely start playing the few cards they ...
Nike, like most U.S. footwear brands, has long relied on factories in Asia to produce its products. Suppliers in Vietnam, Indonesia and China make 95% of the sneaker company's manufactured goods.