Tariff Hikes
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Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
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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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Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
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Americans Flock To Chinese Apps For Cheap Goods Amid Tariff Fears
Americans are scouring Chinese e-commerce apps for cheap handbags, yoga pants and wallets as shoppers fear homegrown platforms will hike prices due to tariffs.
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PS5 Price Increased in the UK, Europe and Other Markets, Sony Cites 'Challenging Economic Environment'
Sony is increasing the price of the PlayStation 5 in select markets in Europe, Middle East and Africa (EMEA), Australia, and New Zealand, the company announced Sunday. The PlayStation parent cited “challenging economic environment” as the reason for the price hike of its console.
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Donald Trump Or Xi Jinping: Who Has More Cards In Trade War?
While many countries opted not to retaliate against Donald Trump's now-delayed reciprocal tariff hikes, China took a different tack.
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Tata Consultancy Services Delays Salary Hikes Amid Global Uncertainty
IT services major Tata Consultancy Services (TCS) has delayed salary hikes, as the management remained uncleared on the increment cycle amid global uncertainty arising due to US tariffs.
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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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Nintendo Switch 2 and Sony PS5 Likely to Get Price Hikes Due to Tariffs
Nintendo and Sony Group are likely to raise prices on their game consoles in response to US tariffs. American consumers would pay as as much as 30% more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing close to $590 (roughly Rs. 50,765) for the soon-to-be-released Nintendo flagship machine or Sony’s PS5 Astr...
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Trump's Latest Tariff Hike Brings Additional China Rate To 145%: White House
US President Donald Trump's steep tariff hike targeting Chinese goods, which took effect Thursday, brings Washington's additional rate on China to 145 percent, a White House document confirms.
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Nintendo’s Pivotal Switch 2 Launch Boosted by Trump Tariff Pause
The 90-day reprieve on heightened tariffs for most US trading partners gives Nintendo a chance to ramp up shipments of its upcoming Switch 2 console to a market that accounts for more than a third of its sales.
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US Stocks Mixed As Trade Wars Escalate After Tariff Hike
Wall Street stocks were mixed in early trading Wednesday as markets digested the latest tariff hike by the United States and retaliatory moves by China and the European Union.
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Will Trump Tariffs Lead To A Recession? Here's What Economists Have To Say
President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the US could tip into recession.
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Trump Tariff Hikes "Hurt The Vulnerable And The Poor": UN
Increased global trade tariffs will hurt the most vulnerable and poor people, the UN's trade and development agency said Friday, after US President Donald Trump's measures sparked global alarm.
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Trump's Tariff Move To Make Day-To-Day Things Costlier For Americans. Here's The List
Experts warn that President Trump's new tariffs, which include a 10-200 percent increase on imports, will drive up prices on a range of everyday products. Shoppers are advised to buy essential items now before the tariffs take full effect.
-
Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
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.
-
Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
-
Americans Flock To Chinese Apps For Cheap Goods Amid Tariff Fears
Americans are scouring Chinese e-commerce apps for cheap handbags, yoga pants and wallets as shoppers fear homegrown platforms will hike prices due to tariffs.
-
PS5 Price Increased in the UK, Europe and Other Markets, Sony Cites 'Challenging Economic Environment'
Sony is increasing the price of the PlayStation 5 in select markets in Europe, Middle East and Africa (EMEA), Australia, and New Zealand, the company announced Sunday. The PlayStation parent cited “challenging economic environment” as the reason for the price hike of its console.
-
Donald Trump Or Xi Jinping: Who Has More Cards In Trade War?
While many countries opted not to retaliate against Donald Trump's now-delayed reciprocal tariff hikes, China took a different tack.
-
Tata Consultancy Services Delays Salary Hikes Amid Global Uncertainty
IT services major Tata Consultancy Services (TCS) has delayed salary hikes, as the management remained uncleared on the increment cycle amid global uncertainty arising due to US tariffs.
-
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.
-
Nintendo Switch 2 and Sony PS5 Likely to Get Price Hikes Due to Tariffs
Nintendo and Sony Group are likely to raise prices on their game consoles in response to US tariffs. American consumers would pay as as much as 30% more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing close to $590 (roughly Rs. 50,765) for the soon-to-be-released Nintendo flagship machine or Sony’s PS5 Astr...
-
Trump's Latest Tariff Hike Brings Additional China Rate To 145%: White House
US President Donald Trump's steep tariff hike targeting Chinese goods, which took effect Thursday, brings Washington's additional rate on China to 145 percent, a White House document confirms.
-
Nintendo’s Pivotal Switch 2 Launch Boosted by Trump Tariff Pause
The 90-day reprieve on heightened tariffs for most US trading partners gives Nintendo a chance to ramp up shipments of its upcoming Switch 2 console to a market that accounts for more than a third of its sales.
-
US Stocks Mixed As Trade Wars Escalate After Tariff Hike
Wall Street stocks were mixed in early trading Wednesday as markets digested the latest tariff hike by the United States and retaliatory moves by China and the European Union.
-
Will Trump Tariffs Lead To A Recession? Here's What Economists Have To Say
President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the US could tip into recession.
-
Trump Tariff Hikes "Hurt The Vulnerable And The Poor": UN
Increased global trade tariffs will hurt the most vulnerable and poor people, the UN's trade and development agency said Friday, after US President Donald Trump's measures sparked global alarm.
-
Trump's Tariff Move To Make Day-To-Day Things Costlier For Americans. Here's The List
Experts warn that President Trump's new tariffs, which include a 10-200 percent increase on imports, will drive up prices on a range of everyday products. Shoppers are advised to buy essential items now before the tariffs take full effect.
