U.S. senator says Trump’s TikTok divestment plan violates law
Warner says the deal would allow ByteDance to keep a major role in TikTok’s U.S. operations through a large equity stake and tech involvement
NZ says it won’t change economic plans despite US tariff concerns
We have enough resilience to withstand it and we are in a fortunate position relative to others, says Finance Minister of New Zealand
Trump says U.S. will continue imposing tariffs during negotiations
Trump threatens additional 50% tariffs on China over retaliation
EU prepares final list of U.S. goods for $28.46 billion tariff retaliation
The EU faces 25% tariffs on exports of steel, aluminum, and cars under the U.S. trade measures
Canada moves to counter U.S. auto duties at World Trade Organization
WTO confirms Canada's claim that the U.S. measures are inconsistent with Washington's obligations under multiple provisions of the GATT 1994
Goldman Sachs raises U.S. recession odds amid escalating trade war
Investment Banks Revise Economic Outlooks as Tariffs Trigger Market Turmoil and Prompt Rate Cut Expectations
Oil prices fall 2% amid trade tensions, recession fears
Brent futures fall 2.5% to $63.97 per barrel, while U.S. West Texas Intermediate crude futures decline 2.7% to $60.35
U.S. dollar drops against yen and Swiss franc amid trade war fears
The dollar drops 0.41% against the yen, continuing its 2% decline from last week, and falls 0.7% against the Swiss franc, reaching a six-month low
BYD launches premium Denza brand in Europe
BYD, which sold over 4.2 million vehicles globally last year, with more than 90% of sales in China, sees Denza as a key player in its European strategy
Global stock rout deepens amid trade war escalation, recession fears
Hang Seng suffers worst drop since 1997 as global stocks tumble
Samsung’s Mexico TV output softens U.S. trade blow
Samsung's TV division is expected to face less impact from new U.S. tariffs, as most of its North American sales are produced in Mexico
India’s stocks log worst fall in 10 months following global selloff
Tariff shock, recession fears drive global equity rout
Ukraine moves to advance negotiations on U.S. minerals draft
Ukrainian Deputy Prime Minister says the goal is to align on project selection, legal frameworks, and long-term investment mechanisms
Apple challenges UK government’s demand for encrypted data access
The British government’s "technical capability notice" requires Apple to provide access to encrypted data, including messages and photos
Microsoft pulls back from China, ends joint venture with Wicresoft
The company currently employs over 10,000 people worldwide, according to its website