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Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
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US President Trump Says He's Willing To Lower China Tariffs For This Reason
President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies are so high that the two of the world's largest economies have essentially stopped doing business with each other
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"Economically Reckless": 12 US States Sue Trump Over Tariffs
A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress.
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International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
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Trump Defends Policy After China Hits US With 125% Tariffs
President Donald Trump insisted Friday that his tariff policy was "doing really well" despite China hiking levies on US goods to 125 percent in the spiraling trade war between the world's two biggest economies.
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Average US Tariff Rate At Highest In A Century Despite Trump's Pause
Many goods from China now face levies of at least 145 per cent -- the total additional figure Donald Trump has imposed this year.
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China Refuses To Step Back, Says Trump's 125% Tariffs "Against Whole World"
China is refusing to back down against the United States' aggression even as US President Donald Trump increases levies on Chinese imports to a punishing 125 per cent.
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Trump's Tariff Gamechanger Pins China At 125%, Isolates Beijing From Rest
Donald Trump's reciprocal tariffs, which was meant to impose levies against all those who tariff US goods, has taken a fresh turn. It has evolved into a slugfest between China and the United States.
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Apple Exported $17 Billion in iPhones From India Last Year, Minister Says
US President Donald Trump’s levies on China — and his threat to impose a further 50 percent tariff — could push Apple to move more manufacturing toward India and countries in Southeast Asia. Still, a complete shift away from the company’s longtime manufacturing hub is unlikely in the short term.
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Canada Says Tariffs On US Auto Imports Take Effect Today
Canada said it will begin imposing a 25 percent tariff on certain US auto imports from Wednesday, activating a retaliatory measure in response to President Donald Trump's levies on foreign-made cars and trucks.
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"Blackmail": How China Plans To Fight Trump's 50% Tariff Threat
"It's blackmail." This is how China decried US President Donald Trump's latest threat to add a further tariff of 50 per cent on its goods as it vowed to fight levies "to the end".
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Explained: Where Things Stand In US-China Trade War
China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods.
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"Dangerous": Harvard Professor Sounds Alert As Markets Lose Trillions
US stock futures fell sharply today, signalling more losses on Wall Street, after China retaliated with fresh tariffs a day after the Trump administration's sweeping levies knocked off $2.4 trillion from US equities.
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Canada Retaliates To Trump Tariffs With 25% Levy On Some US Auto Imports
Canada said it would impose a 25 percent tariff on some autos imported from the United States, retaliating against President Donald Trump's levies that came into affect on Thursday.
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Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
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Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
-
US President Trump Says He's Willing To Lower China Tariffs For This Reason
President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies are so high that the two of the world's largest economies have essentially stopped doing business with each other
-
"Economically Reckless": 12 US States Sue Trump Over Tariffs
A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress.
-
International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
-
Trump Defends Policy After China Hits US With 125% Tariffs
President Donald Trump insisted Friday that his tariff policy was "doing really well" despite China hiking levies on US goods to 125 percent in the spiraling trade war between the world's two biggest economies.
-
Average US Tariff Rate At Highest In A Century Despite Trump's Pause
Many goods from China now face levies of at least 145 per cent -- the total additional figure Donald Trump has imposed this year.
-
China Refuses To Step Back, Says Trump's 125% Tariffs "Against Whole World"
China is refusing to back down against the United States' aggression even as US President Donald Trump increases levies on Chinese imports to a punishing 125 per cent.
-
Trump's Tariff Gamechanger Pins China At 125%, Isolates Beijing From Rest
Donald Trump's reciprocal tariffs, which was meant to impose levies against all those who tariff US goods, has taken a fresh turn. It has evolved into a slugfest between China and the United States.
-
Apple Exported $17 Billion in iPhones From India Last Year, Minister Says
US President Donald Trump’s levies on China — and his threat to impose a further 50 percent tariff — could push Apple to move more manufacturing toward India and countries in Southeast Asia. Still, a complete shift away from the company’s longtime manufacturing hub is unlikely in the short term.
-
Canada Says Tariffs On US Auto Imports Take Effect Today
Canada said it will begin imposing a 25 percent tariff on certain US auto imports from Wednesday, activating a retaliatory measure in response to President Donald Trump's levies on foreign-made cars and trucks.
-
"Blackmail": How China Plans To Fight Trump's 50% Tariff Threat
"It's blackmail." This is how China decried US President Donald Trump's latest threat to add a further tariff of 50 per cent on its goods as it vowed to fight levies "to the end".
-
Explained: Where Things Stand In US-China Trade War
China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods.
-
"Dangerous": Harvard Professor Sounds Alert As Markets Lose Trillions
US stock futures fell sharply today, signalling more losses on Wall Street, after China retaliated with fresh tariffs a day after the Trump administration's sweeping levies knocked off $2.4 trillion from US equities.
-
Canada Retaliates To Trump Tariffs With 25% Levy On Some US Auto Imports
Canada said it would impose a 25 percent tariff on some autos imported from the United States, retaliating against President Donald Trump's levies that came into affect on Thursday.
-
Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
