South Korea’s Unfair Tariffs: A Closer Look at Trump’s Criticism President Donald Trump has once again stirred up controversy with his recent comments targeting South Korea’s trade practices. In a bold statement, Trump highlighted that South Korea imposes higher tariffs on American products compared to China, raising concerns about the fairness of trade relations between […]
Trump pushes for end to $52 billion semiconductor subsidy
Trump Advocates for Termination of $52 Billion Semiconductor Subsidy In a bold move to reshape the semiconductor industry, President Trump has been advocating for the end of a $52 billion subsidy that supports the production of semiconductors in the United States. This decision has sparked debate and divided opinions among industry experts, policymakers, and the […]
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
Tariffs on Canada, Mexico to Start Tuesday, Trump Says US President Donald Trump’s recent announcement regarding the 25 percent tariffs on Mexico and Canada has sent shockwaves through the global economy. Despite mounting pressure and pleas for reconsideration, Trump made it clear that there is no turning back on this decision, causing widespread concern among […]
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty President Trump has made a significant decision regarding tariffs on Canada, Mexico, and China, marking a new chapter in the ongoing trade disputes between these countries. The president had previously paused the sweeping duties on Canada and Mexico on Feb. 3 for one […]
Mexico Analysing More Measures to Crack Down on Low-Cost Shipments, Official Says
Mexico Considers Further Trade Measures to Combat Low-Cost Shipments from China Mexico is taking a proactive stance against low-cost imports, especially those originating from China. The country recently implemented tariffs on “de minimis” purchases, aimed at curbing contraband activities and preventing tax evasion. However, officials are now looking into additional measures to strengthen their efforts […]
Rabanne Owner Puig Expects Slower Sales Growth in 2025
Rabanne Owner Puig Expects Slower Sales Growth in 2025 Puig, the renowned owner of iconic fragrance brand Rabanne, is anticipating a shift in tides as they brace themselves for a slower sales growth in the upcoming year. This projection comes in the wake of a global beauty slowdown, coupled with the looming threat of potential […]
Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns
Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns Bath & Body Works, a well-known retailer specializing in personal care and home fragrance products, recently announced its fiscal 2025 forecast, projecting a modest net sales growth of 1 percent to 3 percent. While this prediction indicates some expansion, it falls notably below […]
Trump orders review of tariffs over digital service taxes
Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]
Trump Says Tariffs on Mexico, Canada ‘Going Forward’ Next Month
Trump Confirms Tariffs on Mexico and Canada Will Take Effect Next Month The Trump administration has reiterated its stance on imposing tariffs on Canada and Mexico, with the new measures set to go into effect next month. Despite a temporary delay to allow the two countries to address concerns related to border security and illegal […]
Trump vows tariffs on Canada and France over digital services taxes
Trump Vows Tariffs on Canada and France Over Digital Services Taxes The ongoing saga of digital services taxes has taken a new turn as President Trump recently announced his intention to impose tariffs on Canada and France. This decision comes in response to the taxes levied by both countries, which reportedly cost US firms over […]