China, Trump
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Komatsu should see a nearly 20 billion yen ($140 million) mitigation in the impact of U.S. tariffs on its bottom line after the U.S.-China trade truce last week, the Japanese company's CEO said, suggesting its outlook for lower profits may not be as bad as feared.
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St. Louis Fed president Alberto Musalem said that even after President Trump's 90-day trade truce with China, tariffs at their current levels could have a 'significant' impact on the economy in the short term.
Manufacturers and service-sector companies alike are pondering increased costs due to President Trump's tariffs and how it will impact their ability to make money.
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.
As tariffs rattle retailers in the U.S., Target Corp. (NYSE: TGT) is showing how years of quiet supply chain maneuvering can pay off.
President Donald Trump's trade war truce with China still leaves a hefty 30% tariff in place, at least for the time being, but the deal improves the outlook for the economy.
Kevin O'Leary, the Shark Tank investor, recently discussed the reciprocal tariffs that China will impose on the United States on July 9, 2025.
Economy expanded 5.4% in first quarter, exceeding expectations. Read more at straitstimes.com. Read more at straitstimes.com.
The Asia-Pacific Economic Cooperation grouping warned that exports from a region that accounts for around half of world trade will slow sharply this year, and barely grow at all, in the wake of U.S. tariff announcements.
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Korea JoongAng Daily on MSNKorea's exports to U.S., China likely to decline further over tariff scheme, trade chief saysKorea's exports to the United States and China are expected to decline further in May, as the impact of the Donald Trump administration's sweeping tariff scheme has begun to materialize, Korea's top trade official said Wednesday.