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The Latest: Stocks plummet as global markets feel the impact of Trump’s tariffs
U.S. stocks careened after President Donald Trump threatened to crank his tariffs higher on Monday. The S&P 500 was down 0.8% in late trading, but only after a day of heart-racing reversals as battered financial markets try to figure out what Trump’s ultimate goal is for his trade war. If it’s to get other countries to agree to trade deals, […]
$681M subsea cable plant coming to Chesapeake
A U.S. subsidiary of a South Korean cable manufacturer plans to build a $681 million subsea cable manufacturing plant in Chesapeake, the company announced Tuesday. The project is expected to create 338 jobs. LS GreenLink USA’s Chesapeake subsea cable factory will be built at the Deep Water Terminal Site in Chesapeake, a 96-acre property located […]
Youngkin to meet with Taiwan’s president
Amid rising tensions with China, Virginia Gov. Glenn Youngkin will meet with Taiwanese President Tsai Ing-wen on his first international trade mission this month. Youngkin will travel to Taipei City, Taiwan; Tokyo; and Seoul, South Korea, from April 24 to April 29, according to a Tuesday news release. “I’m excited to represent the commonwealth in […]
