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What to Know as Trump Threatens 10% Tariff on BRICS-Aligned Nations
Bloomberg Television· 2025-07-07 05:00
What are we hearing from the BRICS nations on the tariffs that Trump is suggesting. Well to begin with, I mean, there is a reference to tariffs and, you know, tariffs, unilateral tariffs that is upending global trade, that finds mention in the BRICS leader's declaration. It doesn't, of course, mention the United States, but it just says that tariffs are unilaterally imposed.Tariffs are creating problems, headwinds for developing nations in the global South. That is one mention that is. But having said that, ...
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Bloomberg· 2025-07-03 07:46
Singapore’s Deputy Prime Minister Gan Kim Yong warns that US tariffs may outlast President Donald Trump, urging businesses to adapt to a more protectionist global trade landscape https://t.co/Zmu0MeJ3eA ...
花旗:全球经济_关税正带来挑战
花旗· 2025-07-03 02:41
V i e w p o i n t | 02 Jul 2025 03:00:00 ET │ 15 pages Global Economics Global Trade Flash: Tariffs Are Creating Challenges CITI'S TAKE The impulse to global trade from US frontloading has faded, with US imports through May retreating sharply from their highs in March. This slowing has been evident, for example, in a marked retracement in US pharmaceutical imports from Europe. Even so, US imports show few signs of purchases being "paid back" as they remain well above their level prior to President Trump's e ...
Treasury's Faulkender: Vietnam trade deal a huge win for the American farmer
CNBC Television· 2025-07-02 18:41
As mentioned, Deputy Treasury Secretary joins us now from the White House, Michael Falender. It's a pleasure to have you here. Welcome.Great to be with you this afternoon. So, with Vietnam, can you tell us is that 20% now the new level or is it 20 on top of the existing rates, so brings us to kind of 30 30-ish and change. So, yeah, thanks for having me.We're still putting together the the press release that we're going to that the US trade representative is going to be putting out that provides all of those ...
Alibaba.com and Wix Announce Strategic Partnership to Accelerate Global Growth for SMEs
Globenewswire· 2025-07-02 13:00
The partnership is anchored in three strategic initiatives: 1. Alibaba.com Seller App Integration with Wix Marketplace 2. Smart and Efficient Sourcing from Alibaba.com for Wix Merchants Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide NEW YORK – Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally, today ...
HSBC U.S. CEO on company growth, global trade and U.S. trade volumes
CNBC Television· 2025-06-30 16:04
So you are a I mean you run the US business but it's a huge global financial firm. I I'm curious what the attitude is toward the US right now given some of the volatility over the first half. So uh thank you for the question.We are um celebrating our 160th year as a country as a company and 150th in the United States. Uh we are uniquely positioned to help clients navigate this geopolitical uncertainty. Um we are top in trade globally. We are the number two crossber payment um institution.So we have huge sca ...
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Bloomberg· 2025-06-30 15:11
The Iran-Israel war highlighted a critical flaw in shipping's satellite-based systems that makes the industry hauling 80% of global trade vulnerable to mass-jamming https://t.co/v3NwVuTbKz ...
4 Stocks to Boost Your Portfolio as S&P 500 Hits New All-Time High
ZACKS· 2025-06-30 13:36
S&P 500 Hits New High The S&P 500 rose 0.5% to end at 6,173.07 points on Friday, hitting an all-time high. The index reached an intraday high of 6,1787.68, surpassing its previous record of 6,147.43 points. The S&P 500 had a roller-coaster journey this year. The index surged to an all-time high in February on hopes that Trump's business-friendly policies would help the broader market. However, Trump announced sprawling tariffs soon after moving into the White House. Key Takeaways The Wall Street rally has r ...
X @Bloomberg
Bloomberg· 2025-06-29 21:04
The Iran-Israel war highlighted a critical flaw in shipping's satellite-based systems that makes the industry hauling 80% of global trade vulnerable to mass-jamming https://t.co/5TYIwS8Pt9 ...
X @Bloomberg
Bloomberg· 2025-06-29 20:15
With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised https://t.co/3KtGQUhM2H ...