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Trump exempts electronics devices from latest tariff
Electronics parts will be exempt from the Trump reciprocal tariff, according to a US Customs and Border Protection notice posted late Friday. Smartphones, computer monitors and various electric parts are…
Tariff Tension: US and China agreed to slash tariff for 90 days
Global tension eases a bit this week as the US president, Donald Trump and China president, Xi Jinping agreed to lower their reciprocal tariff by 115% for a 90 days…
Nissan to cut 11,000 more jobs and shut seven factories
Japanese carmaker Nissan has said it will cut another 11,000 jobs globally and shut down seven factories as it shakes up the business in the face of weak sales, making…
Donald Trump to slash pharmaceutical prices by 80%
The US President, Donald Trump said he would sign an executive order to lower prices of prescription drugs and pharmaceutical products. Earlier in the week, Trump had promised an “earth-shattering”…
US and China has agreed to slash tariffs for 90 days
The United States and China slashed tariffs or taxes that both sides have imposed on one another for a 90-day period after agreeing on a deal. US Treasury Secretary, Scott…
Donald Trump imposes 100% tariff on foreign-made film
The United States President, Donald Trump on Sunday said he was ordering new tariff on all film made outside the United States, claiming that Hollywood was being “devastated” by a…
DHL begin shipment of over $800 goods to American consumers
DHL on Monday announced the resumption of its global shipment from businesses to American consumers on goods worth more than $800 after a suspension earlier this month. DHL on April…
China reject Trump claim on Chinese calling the United States
Chinese leader Xi Jinping on Monday said that China has not spoken to US President Donald Trump on the phone recently, emphasising that no talks are taking place between the…
EU fines Apple and Meta with $700 million in antitrust fines
The European Union (EU) fines American tech giants, Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law. The European Commission,…
DHL suspends global shipments over tariffs
DHL Express has announced that it will suspends global shipments worth more than $800 to individuals in the United States over significant increase in red tape at customs, following the…