Greenland Is Ready to Cooperate With Trump, Premier Says
“We have the doors open in relation to mining,” he said. “This will also be the case in the coming years. We have to trade with the US.” Greenland’s prime…
Jamie Dimon: Trump Tariffs Could Prevent Unfair Competition
In the right circumstances, they can help with issues like national security and unfair competition, JPMorganChase CEO Jamie Dimon said Sunday (Jan. 12), eight days before pro-tariff President-elect Donald Trump…
Surging Imports And Policy Failures Force U.S. Steel Plant To Halt Production Of Key Product
Nucor Corporation has announced it will halt production at its wire rod rolling mill in Connecticut, citing challenging market conditions created by a flood of low-priced imports from Canada, Greece,…
Taiwan expects small impact from Trump tariffs on chip exports
Asked at a news conference about the impact on Taiwan’s export orders of Trump’s tariffs, Kuo said it would not much affect the chip sector. “For our semiconductors and advanced…
Tariffs, inflation, and retailers: How Trump’s potential tariffs could hit your wallet
Walmart Chief Financial Officer John David Rainey said the retailer may have to raise prices on some items if Trump’s proposed tariffs take effect. “Our model is everyday low prices,”…
Chick-fil-A’s Lemon-Squeezing Robots Are Saving 10,000 Hours of Work
Squeezing 2,000 lemons a day was such a pain for staff at Chick-fil-A Inc. that the company enlisted an army of robots to do it. In a plant north of…
US Blacklist of China’s Tech Giants Risks Even Faster Decoupling
The US’s latest move to expand its list of Chinese military companies risks doing more than tanking the shares of some of its most valuable companies: It also threatens to…
The rejection of globalism – The arrogant economic prophecies of the late 1990s have turned to ashes
New York Times columnist Thomas Friedman offered quixotic history which peddled the “Golden Arches theory” that no two countries hosting branches of McDonald’s would go to war with each other…
China cuts import tariffs to expand domestic demand
The plan to impose lower tariffs on 935 commodities “will help increase the imports of quality products,” according to a statement from the Customs Tariff Commission of the State Council…
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
Trade data reflects this: The gap between the goods the United States exports to and imports from China narrowed to $278 billion in 2023 from $417 billion in 2018. While…