Exclusive | CK Hutchison’s control of Panama ports ‘undermines’ sovereignty, lawyers say

Exclusive | CK Hutchison’s control of Panama ports ‘undermines’ sovereignty, lawyers say

A decades-old concession giving Hong Kong-based CK Hutchison Holdings control of ports at either end of the Panama Canal carries deep constitutional consequences for the country’s sovereignty, two lawyers challenging the contract have told the Post. The action, filed by lawyers Norman Castro and Julio Macias with the country’s Supreme Court, targets the law that…

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S&P 500 sees worst day since 2020 after Trump's sweeping tariff announcement

S&P 500 sees worst day since 2020 after Trump’s sweeping tariff announcement

U.S. markets took a significant plunge on Thursday, one day after President Donald Trump announced sweeping tariffs, leading to fears of a global recession and prompting international responses.The S&P 500 had its worst day since the COVID-19 pandemic in 2020, falling 4.8%.”The tariffs the administration is imposing are much more severe than had been expected,”…

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US Fashion Firms Will Bear Brunt of 'Reciprocal' Duty Hikes

US Fashion Firms Will Bear Brunt of ‘Reciprocal’ Duty Hikes

The fallout from President Donald Trump’s Wednesday reciprocal tariffs announcement has commenced. Confusion and uncertainty prompted by the “Liberation Day” duty hikes sent markets into a tailspin and global trade partners into a retaliatory frenzy, while paralyzing many fashion firms now grappling for a path forward. The Nasdaq Composite fell 5.39 percent, or 956.96 points…

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