U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump on Monday…
Uncertainties stemming from a reignited US tariff war will potentially cloud Hong Kong business expansion plans and dampen economic growth for the rest of the year, Trade Development Council chairman Frederick Ma Si-hang has said. But in an exclusive interview with the Post, Ma expressed cautious optimism that a US-China trade deal could be reached…
The weekend announcement, effective July 30, came just days after the United States levied the new tariff, which is set to take effect on Wednesday. The measure has sent shock waves through Brazil’s coffee industry and forced exporters to seek other markets. The United States is the largest consumer of coffee globally, importing 3.3 million…
President Donald Trump just showed markets that he doesn’t always chicken out. Trump’s August 1 tariff deadline has arrived, and a barrage of new and amended import duties sent the stock market tumbling in Friday’s session. The updated tariffs don’t officially kick in until August 7, meaning nations still have some time to reach a…
2025-08-01T17:58:44Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Figma had a wild…
new video loaded: Why Trump’s Tariffs Are Closing Factories in Lesotho Recent episodes in Latest Video Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, Times Video journalists provide a revealing and unforgettable view of the world. Whether it’s reporting on conflicts abroad and…
US President Donald Trump shakes hands with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty Images In the frenzied run-up to Friday, August 1— the day when U.S. President Donald Trump’s new tariffs come into effect (no…
Commerce Secretary Howard Lutnick insisted Tuesday that President Donald Trump‘s upcoming Friday deadline to impose major tariffs on a slew of trading partners won’t be delayed any further. But trade negotiations with China — the latest round of which are currently taking place in Stockholm, Sweden — are progressing on a separate timeline, Lutnick noted…
U.S. President Donald Trump talks to the media as he meets with British Prime Minister Keir Starmer (not pictured) at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland. Christopher Furlong | Getty Images U.S. tariffs on incoming goods look to be settling in only slightly less than what President Donald Trump had…
Dowell | Moment | Getty Images President Donald Trump‘s blanket tariffs scheduled to begin on Aug. 1 could soon bring higher prices on certain foods, according to some experts. Tariffs are a tax imposed by foreign nations, paid by domestic companies that import goods or services. U.S. consumers are expected to pay higher prices via…