Tag: U.S. tariffs
Swiss Watch Exports Face Major Blow From U.S. Tariffs
Luxury timepieces threatened by looming 39% trade penalty Switzerland’s prestigious watch industry is on edge as President Donald Trump prepares to impose a 39% tariff [more…]
China Pledges Trade Support Amid Tariff Uncertainty
Politburo commits to helping exporters but avoids bold action China’s top leadership has promised targeted support for companies impacted by rising U.S. tariffs, though no [more…]
Brazilian Real Falls 2% After U.S. Tariff Shock
Trump’s move triggers currency drop below 5.60 per dollar Brazil’s currency tumbled sharply on Thursday, sliding 2% against the U.S. dollar in spot trading, after [more…]
IMF Flags High Risks Amid Trump’s New Tariff Wave
Global trade outlook remains fragile, warns IMF The International Monetary Fund (IMF) raised concerns on Thursday over the rising uncertainty in the global economy, following [more…]
German Exports Slide 1.4% as U.S. Demand Weakens
Tariff-driven frontloading fades, raising growth concerns Germany’s exports declined by 1.4% in May compared to April, surpassing expectations for a modest 0.2% drop, according to [more…]
Japan’s Real Wages Fall Sharply Amid Inflation Pressure
Biggest drop in nearly two years fuels growth concerns Japanese real wages fell 2.9% in May compared to a year earlier, marking the steepest decline [more…]
Samsung Faces 39% Profit Drop Amid AI Chip Delays
HBM certification setbacks and U.S. trade tensions weigh heavy Samsung Electronics is expected to post a 39% year-over-year drop in second-quarter operating profit, dragged down [more…]
German Exporters Lose Confidence Over U.S. Tariff Risks
June sentiment falls as EU-U.S. trade talks remain unresolved German export sentiment declined in June, weighed down by persistent uncertainty surrounding U.S. tariff threats, according [more…]
India-Pakistan Tensions Escalate Following Air Strikes
On Wednesday, India and Pakistan found themselves in the midst of a severe escalation after Indian forces launched air strikes on Pakistani territories, followed by [more…]
Gold Prices Rise Amid Tariff Uncertainty and Weak Dollar
Gold’s Safe-Haven Appeal Amid Trade Concerns Gold prices climbed on Tuesday, driven by safe-haven demand as U.S. President Donald Trump’s uncertain tariff plans kept investors [more…]
