President Donald Trump, incensed by 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.
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.
Asian shares sank and sovereign bonds surged on Friday as investors feared U.S. President Donald Trump's shock move to slap tariffs on Mexico risked tipping the United States, and maybe the whole world, into recession.
Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday the listings of Chainlink’s LINK, Ethereum Classic’s ETC, and WAVES Tokens on its Wallet and Card App. The tokens notably join a growing list of cryptocurrencies and stablecoins on the platform, which includes Bitcoin (BTC), ether (ETH),... Read More
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U.S. stock futures slid and sovereign bonds surged on Friday as investors feared President Donald Trump's shock move to slap tariffs on Mexico risked tipping the United States, and maybe the whole world, into recession.
Former Chinese central bank governor Dai Xianglong said on Friday he expected no major breakthrough over trade at an anticipated meeting between Chinese and U.S. leaders in Japan at the end of June.
When local investigators scoured a riverbed in southern Malaysia for clues in a chemical dumping case that hospitalized over one thousand people earlier this year, they found a cocktail of toxins, including a colorless liquid commonly secreted when tires are recycled.
China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress toward ending their countries' trade war when they meet at a G20 summit in Japan in June, a former Chinese central bank chief said on Friday.
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), 13% cheaper than those it currently imports as it pushes sales in the fast growing market.
"America First is a fallacy," Mexican President Andres Manuel Lopez Obrador told U.S. President Donald Trump in a letter on Thursday, responding to a White House announcement it was imposing a blanket 5% tariff on all goods from Mexico from June 10.
Shares in Asia's major automakers and their suppliers sank on Friday after U.S. President Donald Trump threatened to slap tariffs on Mexican imports next month, potentially affecting vehicles made in Mexico and sold north of the border.
Mexican central bank board member Jonathan Heath said on Twitter Thursday night "this is a game changer," after U.S. President Donald Trump vowed to impose a tariff on all goods coming from Mexico if the flow of illegal immigrants across the southern border is not stopped.
China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress toward ending their countries' trade war when they meet at a G20 summit in Japan in June, a former Chinese central bank chief said on Friday.
U.S. President Donald Trump, responding to 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 much higher until the flow of people ceases.
Shares of major Asian automakers and suppliers tumbled on Friday after U.S. President Donald Trump threatened to slap tariffs on imports from Mexico from next month, potentially upending a decades-old business model of global manufacturers.