Foxconn second quarter revenue rises 15.82% on year

Taiwan's Foxconn , the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Saturday reported second quarter revenue rose 15.82% from the same period last year to a ... Read More

Trump tariffs expected to dampen global economic growth, OECD says

In the United States, GDP growth is projected to fall from 2.8 percent in 2024 to 1.6 percent in 2025 and 1.5 percent in 2026, according to the OECD, if the tariff rates imposed by Trump as of mid ... Read More

Trump’s Tariffs Will Drag Down the Global Economy, OECD Says - The New York Times

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said. Read More

How Trump’s Tariffs Could Lead to Global Recession - TIME

Even if Trump ultimately backs down and reverses or lowers many of the tariffs he’s levied on the world, to some extent, Menon says, the damage has already been done. Read More

IMF says global economy will be hit hard by Trump's tariffs - NPR

The International Monetary Fund warned on Tuesday that the global economy could be hit hard as President Trump's sweeping tariffs threaten to spark an all-out trade war. The IMF predicted the ... Read More

WTO warns Trump's tariffs risk reshaping global trade into 2 rival blocs - UPI.com

After Paramount settles Trump CBS News suit, Sen. Warren seeks probe 300 India-based Chinese workers in Apple's Foxconn facility ordered home Fireworks warehouse near Sacramento explodes, ignites ... Read More

How Global Trade Could Survive Trump’s Tariffs - WSJ

President Trump doubled down on the imposition of global tariffs despite a sustained market selloff. Photo: Mandel Ngan/Agence France-Presse/Getty Images The last time the U.S. raised tariffs as ... Read More

Trump tariffs upend global automotive supply chain, analysts say

Trump's tariff strategy goes beyond the approach he took in his first term, when he placed targeted tariffs on certain goods, many of which the Joe Biden administration kept in place. Read More

World Trade Organization says global trade could slide this year because of Trump's tariff policies - Yahoo

The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with ... Read More

Trump wants his tariffs to reset the world. He might get his wish

So far, he has imposed 25% tariffs on aluminum and steel; 25% tariffs on goods from Mexico and Canada that aren’t compliant with a free-trade agreement; a massive 145% duty on Chinese imports; a ... Read More

Bucking Trump tariffs, California will push to maintain global trade independently, Newsom says

Gov. Gavin Newsom announced Friday that California will look for ways to expand trade despite President Trump’s sweeping round of tariffs that have sent financial markets tumbling. Read More