Apple to build home hub and robot in Vietnam pivoting from China
Apple to build home center and robot in Vietnam in Pivot From China Source link
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The dollar recovers and precious metals soar
The dollar index (DXY00) has risen +0.32% today. The dollar is rising today after the Trump administration signaled its openness to a trade deal with China, easing trade tensions. The current strong rally in stocks is limiting the demand for dollars in terms of liquidity. The current US government shutdown is bearish for the dollar….
Port tariffs between the United States and China threaten trade turbulence at sea
Reuters Videos Tuesday, October 14, 2025 at 2:16 am MDT STORY: The United States and China are charging additional port fees in retaliation for shipping companies in the latest escalation of their trade war.These charges will affect ships that transport everything from toys to crude oil.China has already started charging tariffs on ships owned, operated,…
Treasury Wine shares fall to decade low as headaches mount in China, US
By Christine Chen and Shivangi Lahiri SYDNEY (Reuters) – Australia’s Treasury Wine Estates on Monday withdrew its 2026 profit forecast and halted a A$200 million ($130 million) share buyback, citing weak sales of its flagship Penfolds wines in China and distribution challenges in the U.S. The announcement sent shares in Treasury, one of the world’s…
China’s state iron ore buyer offers BHP cargoes for sale amid ban fears
(Reuters) -Several cargoes of BHP iron ore went up for sale in China on Thursday and at least one was sold to a local trader, potentially allaying concerns in Australia that Beijing had imposed a ban on iron ore sales from the world’s biggest miner. BHP sold a 170,000 metric ton cargo to a Chinese…
China’s car sales accelerate in ‘golden September’
BEIJING (Reuters) – China’s car sales accelerated in September, the traditional peak season for the auto market, as dealers and consumers took advantage of trade-in subsidies before more local governments suspended the incentives. Domestic auto sales rose 6.6% year-on-year to 2.27 million units, following a 4.9% rise in August, data from the China Passenger Car…
Dow Futures Up 300 Points as Markets Eye Another Slice of TACO Trade After Trump Says ‘Don’t Worry About China’
Investors are hoping for a stock market rally after the outbreak of the trade war on Friday led the S&P 500 to its worst loss since April. On Sunday, President Donald Trump attempted to calm nerves in a post on Truth Social, following his announcement on Friday that he will impose an additional 100% tariff…
Philippines accuses China of ramming ship near disputed island as tensions rise
MANILA (Reuters) – The Philippines accused Chinese maritime forces of using water cannon and ramming a Philippine ship near Philippine-occupied Thitu Island, calling the actions a “clear threat” that is escalating tensions in the disputed waters of the South China Sea. The Philippine Coast Guard said three Philippine vessels, including the BRP Datu Pagbuaya, were…
Trump’s 100% China tariff threatens new supply chain shock
President Donald Trump announced Friday that the United States could impose tariffs of up to 100% on imports from China by November 1, marking an escalation in the US-China trade conflict and increasing uncertainty in global supply chains. In a Truth Social post on Friday, Trump said the tariffs were retaliation for China’s new export…
Wall Street falls to its worst day since April after Trump threatens more tariffs on China
NEW YORK (AP) — A month-long calm on Wall Street was shattered Friday and U.S. stocks plunged after President Donald Trump threatened to raise tariffs on China much further. The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average fell 878 points, or 1.9%, and the Nasdaq composite fell…