Trump threatens 100% tariff on Canada over potential China trade deal
Washington: U.S. President Donald Trump said on Saturday he would impose a 100% tariff on Canada if it follows through on a trade deal with China and warned Canadian Prime…
South Korea seeks U.S. tariff relief on memory chips
Seoul: South Korea will seek favourable terms for U.S. tariffs on imports of memory chips, a presidential office spokesperson said at a televised briefing on Sunday. The country last year…
Dollar slides as Trump tariff threat drives yen, franc demand
Singapore: The dollar fell on Monday as investors, unnerved by U.S. President Donald Trump's latest tariff threats against Europe over Greenland, piled into the safe-haven yen and Swiss franc, in…
South Korea Says U.S. 25% Chip Tariff Will Have Limited Impact on Firms
Seoul: South Korea's trade minister said on Saturday that a U.S. proclamation imposing a 25% tariff on certain advanced computing chips would have a limited impact on South Korean companies.…
Donald Trump slaps 25% tariff on Nvidia and AMD AI chips
U.S. President Donald Trump on Wednesday imposed a 25% tariff on certain AI chips, such as the Nvidia H200 AI processor and a similar semiconductor from AMD called the MI325X,…
US Warns India of Tariffs Over Russian Oil Purchases
New Delhi: The United States could raise tariffs on India if New Delhi doesn't meet Washington's demand to curb purchases of Russian oil, President Donald Trump told reporters aboard Air…
U.S. Firms Sell Potential Trump Tariff Refunds to Investors for Quick Cash
Some U.S. companies are hedging their bets on the Supreme Court case against President Donald Trump's sweeping emergency tariffs by selling their rights to collect potential government refunds of the…
Costco sues U.S. govt, seeks tariff refund guarantee if Trump loses appeal
Costco has sued the U.S. government to ensure it will receive refunds if the Supreme Court rejects President Donald Trump's bid for sweeping authority to impose tariffs. In a complaint…