As Trump's copper tariffs loom, traders scramble for copper from China, marking a seismic shift in the metals market that could reshape global trade dynamics.
In a bold move, President Trump has announced a 30% tariff on the European Union and Mexico starting August 1, marking a significant shift in U.S. trade policy. This decision, part of his 2024 campaign strategy, aims to address long-standing trade deficits and reshape international relations. As both allies and adversaries brace for potential repercussions, experts warn of an impending trade war that could reshape the global economic landscape.
In a controversial move, the Trump administration has laid off over 1,350 State Department employees, raising concerns about America's diplomatic capabilities during global crises. Critics warn this could weaken the U.S. position against adversaries like China and Russia.
The LA Lakers informed Luka Dončić about their major team sale but left LeBron James in the dark. As the franchise shifts, what does this mean for their futures?
In a historic move, the State Department has laid off over 1,350 employees, part of its largest reorganization in decades. The decision has sparked protests and raised concerns about the future of U.S. diplomacy.
The UNAIDS annual report warns that decades of progress in combating HIV/AIDS are jeopardized by significant funding cuts, particularly from U.S. donors, threatening millions of lives in the coming years.
JP Morgan CEO Jamie Dimon cautions against market complacency regarding Trump’s tariff threats. He believes the president's pattern of backing down may not last, raising concerns for the economy.
Giovanni Ferrero's latest acquisition of WK Kellogg for $3.1 billion marks a significant milestone in his mission to expand Ferrero's presence in the U.S. snack market. With a decade of strategic deals, Ferrero is transforming into a global food powerhouse while diversifying beyond chocolates.
HMD has announced a significant reduction in its US operations due to geopolitical and economic challenges. The company assures customers of continued support and commitment to existing warranties.
Vietnam is scrambling to respond to President Trump's unexpected announcement of a 20% tariff, a figure much higher than what they anticipated. Leadership is actively working to negotiate a lower rate.