Layoff announcements surge to the most since the pandemic as Musk’s DOGE slices federal labor force
The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,
Xiaomi delivers record cars in March as winners emerge in China’s EV race
Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.
Trump will ‘buckle under pressure’ if Europe bands together over tariffs, German economy minister says
U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.
How did the U.S. arrive at its tariff figures?
The White House Wednesday listed tariff rates for different countries. It didn't take long for market observers to try and reverse engineer the formula.
‘Absolutely nothing good’ coming out of Trump’s tariff announcement: Analysts react to latest U.S. levies
Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for the U.S.
EU preparing further countermeasures against U.S. tariffs if negotiations fail: EC President von der Leyen
The EC president said that Trump's move was a "major blow" to the world economy.
Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair
The country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing