Wary diners shun restaurants, raising prospect of boost for retailers
World 17:04 20/08/2025Cash-conscious consumers choosing to eat in rather than dine out have raised the prospect of an upturn in earnings for supermarkets and food delivery firms, according to data, analysts and company executives.
JETRO struggles to expand scallop supply chain in US
World 17:43 19/08/2025NEW YORK -- The Japan External Trade Organization, or JETRO, struggles to build a new supply chain for Japanese scallops in the United States that involves processing in Mexico, people familiar with the matter said Sunday.
300% US chip tariff to push down Japan GDP by 0.42%: economist
World 17:42 19/08/2025TOKYO -- Japan's real gross domestic product is projected to be pushed down by up to 0.42 pct in a year if the United States imposes a 300 pct tariff on semiconductors, Takahide Kiuchi, executive economist at Nomura Research Institute Ltd., said Monday.
Asia's factory activity worsens as US trade uncertainty bites
World 16:09 01/08/2025Asia's factory activity deteriorated in July as soft global demand and lingering uncertainty over U.S. tariffs weighed on business morale, private sector surveys showed on Friday, clouding the outlook for the region's fragile recovery.
Trump says US will set 15% tariff on South Korean imports under new deal
World 16:32 31/07/2025President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.
Trump eyes 'world tariff' of 15-20% for most countries
World 14:32 29/07/2025TURNBERRY, Scotland -- President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April.
ECB to keep rates steady as trade conflict clouds economic outlook
World 15:24 24/07/2025FRANKFURT -- The European Central Bank was set to keep interest rates on hold on Thursday, pausing after seven straight cuts as it waited for the fog surrounding Europe's trade relations with the United States to clear.
EU ready to hit US with 21-bln-euro tariff list, Italy foreign minister says
World 11:47 15/07/2025MILAN -- The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, Italy's Foreign Minister Antonio Tajani said in a newspaper interview on Monday.
Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others
World 13:30 11/07/2025U.S. President Donald Trump ramped up his tariff assault on Canada on Thursday, saying the U.S. would impose a 35% tariff on imports next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners.
New trade war deadline prolongs instability, UN trade agency says
World 18:00 08/07/2025GENEVA -- The Trump administration's decision to extend a negotiating deadline for tariff rates is prolonging uncertainty and instability for countries, the executive director of the United Nations trade agency said on Tuesday.
