Tariffs
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Trump Says U.S. Would Be ‘Screwed’ if Court Blocks Tariffs; Taxpayers Face Risks
President Donald Trump has warned that the United States would be ‘screwed’ if the Supreme Court strikes down his emergency tariff regime, arguing that a defeat would force the government…
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Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
[SINGAPORE] Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for a Supreme Court ruling on the legality of…
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Major Chinese ports handle record throughput in 2025 amid US tariffs
[SINGAPORE] Major Chinese ports reported record-high container throughput in 2025, shrugging off tariffs imposed by the United States. Ningbo-Zhoushan port’s container throughput came in at over 43 million 20-foot-equivalent units…
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Major Chinese ports handle record throughput in 2025 amid US tariffs
[SINGAPORE] Major Chinese ports reported record-high container throughput in 2025, shrugging off tariffs imposed by the United States. Ningbo-Zhoushan port’s container throughput came in at over 43 million 20-foot-equivalent units…
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Electricity, Gas Tariffs to Fall for Singapore Households in First Quarter of 2026
Singapore households will see lower electricity and gas bills in the first quarter of 2026, as tariffs are set to decline amid reduced fuel and energy costs. The household electricity…
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China lowers EU pork tariffs in final ruling after 18-month probe
[BEIJING/MADRID] China on Tuesday (Dec 16) sharply reduced tariffs on European Union pork imports worth over US$2 billion in the final ruling of an anti-dumping investigation seen as a response…
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President Trump to Reveal Tariff-Funded Payments in Prime-Time 9 p.m. Address
President Donald Trump will deliver a prime-time national address on 17 December to outline his controversial plan to convert tariff revenue into direct payments to Americans. The address, scheduled for…
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Trump eyes tariffs over cheap Canadian fertiliser, Indian rice
The US president is facing mounting pressure to address high consumer prices and persistent inflation [WASHINGTON] US President Donald Trump signalled he could impose fresh tariffs on agricultural products, including…
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Trump eyes tariffs on cheap Canadian fertiliser, Indian rice
The US president is facing mounting pressure to address high consumer prices and persistent inflation [WASHINGTON] US President Donald Trump signalled he could impose fresh tariffs on agricultural products, including…
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Ikea to ramp up US production as tariffs bite
The push for local production aims to support its expansion in the US, its second-biggest market, and the wider region [LONDON/STOCKHOLM] Ikea plans to source more products from factories in…
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Costco Challenges Legality of Trump’s Tariffs, Seeks Refunds for Paid Duties
Costco Wholesale Corporation has filed a lawsuit against the federal government to block President Donald Trump’s emergency tariffs and recover duties it says it was wrongly required to pay on…
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Nio’s Firefly EV brand seeks growth in right-hand drive markets without tariffs
It will be marketed as premium in Singapore, avoiding a price war with domestic rivals [SHANGHAI] Firefly, a compact electric vehicle (EV) brand owned by China’s Nio, is seeking growth…
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World’s top aluminium producer adds markups as Trump tariffs drive up consumer costs
The US relies heavily on foreign aluminium supplies as it does not have the capacity to produce enough to meet demand [NEW YORK] Rio Tinto Group is imposing surcharges on…
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Only Families Under $100k Will Reportedly Qualify for $2K Tariff Dividend
President Donald Trump pledged over the weekend to distribute tariff ‘dividends’ of at least $2,000 to Americans, excluding ‘high income people’, as his sweeping trade duties continue inflicting economic pain…
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Tata Steel calls for extension of import tariffs on some steel products to India
[NEW DELHI] India’s Tata Steel hopes the government will extend import tariffs on some steel products to guard against the threat of imports, particularly from China, chief executive TV Narendran…