Japan finmin: No comment on Trump’s new tariff plan on Mexico
Japanese Finance Minister Taro Aso on Friday declined to comment on U.S. President Donald Trump’s remark that the United States would impose new tariffs on all imports from Mexico unless illegal immigration from the country was stopped.
Trump plans 5% tariff on Mexican imports over illegal immigration
President Donald Trump, struggling to stem a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods coming from Mexico starting at 5% and ratcheting higher until the flow of border-crossers ceases.
Japan automaker shares hit as Trump announces tariffs on Mexico imports
Shares in Japan’s major automakers sank on Friday after U.S. President Donald Trump said the United States will impose a 5% tariff on all imports from Mexico from next month, as the move was seen affecting vehicles made in Mexico and sold north of the …
Asia stocks sunk as Trump fires new trade salvo
Asian shares extended a month-long slide and sovereign bonds surged on Friday after U.S. President Donald Trump ramped up trade tensions globally by suddenly slapping tariffs on all goods from Mexico, sending the peso tumbling.
Tesla prices China-made Model 3 at 328,000 yuan as China plan accelerates
U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), as it pushes production and sales in the world’s largest new-energy vehicle market.
Trump to impose 5% tariff on Mexican imports over illegal immigration
President Donald Trump said on Thursday the United States will impose a 5% tariff on all goods coming from Mexico starting on June 10 until illegal immigration across the southern border is stopped.
Mexico says would be disastrous if Trump imposes new tariffs
Mexico’s deputy foreign minister for North America, Jesus Seade, said on Thursday that it would be disastrous if U.S. President Donald Trump goes through with his threat to impose new tariffs on Mexico.
Major Hollywood studios may reconsider Georgia business over abortion law
The producer of the hit television series “The Walking Dead” and other major Hollywood film and TV studios said on Thursday they would reconsider locating productions in Georgia if a new state law restricting abortions takes effect.
Dell revenue misses as China softness hits server business
Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters amid economic conditions weighing on demand in China.
Uber loses $1 billion in quarter as costs grow for drivers, food delivery
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.
