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Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)
Apr 4, 2025

China retaliates as Trump’s tariffs affect world markets

BANGKOK (AP) — Countries and industries were scrambling Friday to respond as President Donald Trump‘s latest tariffs hikes upend global trade and world markets. China responded to the 34% tariffs imposed by the U.S. on imports from China by announcing it will impose a 34% tariff on imports of all U.S. products beginning April 10. […]

President Donald Trump, driven by his son Eric Trump, arrives at Trump National Doral during the LIV Golf Miami tournament, Thursday, April 3, 2025, in Miami. (AP Photo/Alex Brandon)
Apr 4, 2025

Trump says things are ‘going very well’ after worst stock market drop in years over tariffs

WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White […]

Wall Street sign in lower Manhattan New York, USA
Apr 4, 2025

Global markets, Wall Street continue to slide after China slaps retaliatory tariffs on imports

Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump‘s latest set of tariffs with some of their own. Futures for the S&P 500 fell 3.6% before the bell, while futures for the Dow Jones Industrial Average shed 3.4%, falling […]

FILE - A TikTok logo is shown on a phone in San Francisco, Friday, Jan. 17, 2025. (AP Photo/Jeff Chiu, File)
Apr 2, 2025

Amazon’s last-minute bid for TikTok comes as a US ban on the platform is set to take effect Saturday

WASHINGTON (AP) — Amazon has put in a bid to purchase TikTok, a Trump administration official said Wednesday, in an eleventh-hour pitch as a U.S. ban on the platform is set to go into effect Saturday. The official, who was not authorized to comment publicly and spoke on the condition of anonymity, said the Amazon offer was made in a […]

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Apr 2, 2025

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

WASHINGTON (AP) — President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States, threatening to upend much of the architecture of the global economy and trigger broader trade wars. Trump held up a chart […]

Steve Rad, CEO of toy maker Abacus Brands Inc., which designs science kits and other educational toys for older children, shows a new improved matte box, left, that will replace its black mold plastic material packaging insert with an improved cardboard material to help offset the costs of future tariffs in El Segundo, Calif., on Monday, March 31, 2025. (AP Photo/Damian Dovarganes)
Apr 1, 2025

No batteries? Thinner packaging? US businesses look for ways to offset tariffs

NEW YORK (AP) — Gadgets sold without batteries. Toys sold in slimmed-down boxes or no packaging at all. More household goods that shoppers need to assemble themselves. These are some of the ways consumer product companies are retooling their wares to reduce costs and avoid raising prices as President Donald Trump levies new import taxes on key […]

FILE - Power transmission towers line a street in Redondo Beach, Calif., Wednesday, Sept. 7, 2022. (AP Photo/Jae C. Hong, File)
Mar 26, 2025

Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy

NEW YORK (AP) — Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal. Buyers in the U.S. have been stocking up on copper ahead of potential tariffs. Future prices for the base metal hit $5.21 per pound […]

FILE - The Boeing logo is displayed at the company's factory Tuesday, Sept. 24, 2024, in Renton, Wash. (AP Photo/Lindsey Wasson, File)
Mar 21, 2025

Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet

WASHINGTON (AP) — President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned […]

Shipping containers are seen at the Atlantic Hub container terminal in Halifax on Monday, Feb. 3, 2025, one day ahead of imposed tariffs by U.S. President Donald Trump against Canada. (Darren Calabrese/The Canadian Press via AP)
Feb 3, 2025

US trade war could raise prices, economists say

Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau managed to separately negotiate a monthlong pause on Monday with U.S. President Donald J. Trump on a trade war that was scheduled to begin on midnight Tuesday. However, as of late Monday afternoon, the Trump administration was still prepared to impose a 10% tariff on […]

White House Press Secretary Karoline Leavitt speaks during a press briefing at the White House in Washington on January 31, 2025. Photo by Yuri Gripas/Abaca/Sipa USA(Sipa via AP Images)
Jan 31, 2025

Trump White House says tariffs will be enacted Feb. 1

The Trump administration says it will impose tariffs on Canada, Mexico and China beginning Saturday, Feb. 1. “The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed […]

Photo of a brick sign that reads Smithfield next to a road.
Aug 27, 2024

Smithfield separates from European arm

Smithfield Foods announced Tuesday that its European operations have been carved into an independent subsidiary. The action takes place a little over a month after Smithfield’s Chinese parent company, WH Group, which has its headquarters in Hong Kong, announced plans to take the company public in the United States.  Smithfield Europe, now to be called […]

Spies in the sky?
Apr 29, 2024

Spies in the sky?

High-level federal concerns over Chinese-made ship-to-shore cranes ramped up in February after President Joe Biden issued an executive order addressing cybersecurity and espionage risks the cranes pose at U.S. ports. Then in early March, a congressional investigation revealed cellular modems had been found on some Chinese crane components at a U.S. port and a modem […]

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