News

GM hit with fourth downgrade in April as Barclays warns on tariff fallout
Barclays downgraded General Motors (NYSE:GM) to "Equal Weight" from "Overweight" and slashed its price target to $40 from $70, marking fourth analyst downgrade on stock this month, following cuts from ...
Which companies will be impacted by Trump’s semiconductor tariffs?
Companies such as Taiwan’s TSMC and South Korea’s Samsung Electronics may be particularly hit by upcoming US semiconductor tariffs.View on euronews ...
US moves ahead with tariffs - launching pharma and chip investigations
The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals.View o ...
South Korea to boost support of semiconductor industry in the face of Trump's tariffs
South Korea said Tuesday it will expand its financial support package for its crucial semiconductor industry to 33 trillion won (about $23 billion) in part of efforts to address uncertainties posed by ...
Honda to make 90% of US sales locally by relocating Mexico, Canada production, Nikkei reports
Honda is considering switching some car production from Mexico and Canada to the United States, aiming for 90% of cars sold in the country to be made locally in response to new U.S. auto tariffs, the ...
Trump trade war dries up sorghum sales to China but US farmers plan to plant more
U.S. President Donald Trump's trade war with China comes at a bad time for sorghum growers like Dan Atkisson in Kansas, who is nevertheless preparing to increase plantings by 25% this spring. China ...
Exclusive-Nissan to cut Japanese production of top-selling US model due to tariffs, source says
Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing ...
Trump considers pausing auto tariffs as world economy endures whiplash
President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.Vie ...
Dollar steady as traders grapple with tariff uncertainty, volatility
Still, currency markets were a lot calmer in early Asian hours after last week's turmoil that badly bruised the dollar despite a surge in Treasury yields, highlighting the shaky investor confidence in ...
Taiwan to simulate impact of US tariffs on semiconductor sector
Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island's economy minister said on Tuesday. The Trump administration ...
Navigating Robotics Deployment Challenges with SINBON
In spite of the potential for robotics technology to expand productivity, several implementation challenges continue to stand in the way of more widespread adoption. To help companies navigate these ...
Oil prices rise on potential US tariff exemptions on cars, pick-up in China crude imports
In the latest development in Trump's whipsawing trade war, he said he was considering a modificationto the 25% tariffs ...