Amazon sellers, Shein, Temu raise prices over Trump tariffs.
Trump scrapped the exemption for goods from China and Hong Kong and slapped a 145 percent tariff on many Chinese imports.
Global Markets
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Navigation of Global Financial Market Analysis
Global Financial Market Analysis puts the bigger picture together. Whether it is the power of U.S. economic policies, oil price volatility, or geopolitical tensions, global factors immediately affect international financial markets. When you want to invest in emerging markets, you will realise that knowledge of how global policies can affect the areas will make for smarter financial strategies.
Trends and Changes in the Global Market
Global Market Trends and Changes can be quite unpredictable, but they do offer an opportunity for those who stay prepared. While some markets are going down, others promise high returns because of changes in global demand, technological advancement, or new trade agreements. International Market Trends and News will help investors analyze risks and make more strategic decisions in capitalizing on global changes.
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Trainer prices will rise due to tariffs, says Adidas.
Fashion brands, and especially sports shoe producers such as Adidas, will be hit by the introduction of tariffs as the bulk of their products are made in countries including Vietnam, Indonesia and China.
Hong Kong Post is Suspending Postal Service for all US-Bound Merchandises over Trump’s Tariffs
“The US is unreasonable, bullying and imposing tariffs abusively,” the service said in a press release on Tuesday.
China sends Boeing planes back to US over tariffs.
China has sent back planes it ordered from the US in its latest retaliation over Trump tariffs, the boss of aircraft maker Boeing has said.
US stocks and dollar plunge as Trump attacks Fed chair Powell.
US equities had opened the session lower, but stumbled further shortly after the opening bell when Trump called Powell a “major loser” for not cutting interest rates in a social media post
Gold Reaches $3,500 as Trump’s Attacks on Powell Unnerve Markets
Gold hit a record $3,500 per ounce for the first time early Tuesday as President Donald Trump’s renewed attacks on Federal Reserve Chair Jerome Powell unnerved markets and sent investors into safe-haven assets
US stock markets rise on Trump tariff rollback
US stock markets rose on Monday after the White House said tariffs on imports of Chinese-made smartphones and some other electronics devices would not apply.
Apple’s 4-day slide puts Microsoft back on top as most valuable company.
As of Tuesday’s close, Microsoft is worth $2.64 trillion, while Apple’s market cap stands at $2.59 trillion
Global Stocks Rebound Even as China Vows to ‘Fight to the End’ on Tariffs
U.S. stock indexes are poised for a positive start, with Dow Jones Industrial Average futures rising 2%, S&P 500 futures gaining 1.5%, and Nasdaq futures 1.3% higher
EU Commission proposes 25% counter-tariffs on some US imports.
The European Commission on Monday proposed counter-tariffs of 25% on a range of American goods in response to President Donald Trump’s tariffs on steel and aluminum, according to media reports.