Investing.com-- Chinese companies selling products on Amazon (NASDAQ:AMZN) are considering price hikes or exiting the U.S. market entirely as President Donald Trump’s latest tariff hike delivered an "unprecedented blow," Reuters reported on Thursday citing the head of China’s largest e-commerce association.Trump announced on Wednesday that tariffs on Chinese imports would rise to 125%, up ...
Investing.com-- U.S. stock index futures fell sharply Thursday, reversing earlier gains as investors fretted about the escalation in the Sino-U.S. trade war, even as U.S. President Donald Trump announced a 90-day pause on most reciprocal tariffs.At 04:20 ET (08:20 GMT), Dow Jones Futures dropped 520 points, or 1.3%, S&P 500 Futures fell 95 points, or 1.7%, and Nasdaq 100 Futures decl ...
By Maggie FickLONDON (Reuters) -U.S. President Donald Trump late on Tuesday reiterated he would impose tariffs on imports of pharmaceutical products that have long been spared from past trade disputes due to the potential for harm to patients.Trump excluded them from his announcement of sweeping import tariffs last week, but in recent weeks he introduced tariffs on raw ingredients and supplies fro ...
NEW YORK/LONDON (Reuters) - Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions.More than half a dozen senior bankers and advisers told Reuters they are bracing for European Union governments and companies to do more busi ...