Trump announces Japan tariff deal
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Stocks, tariff news
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On his own terms, it could now be said that the aggressive approach by the US President is yielding tangible results.
U.S. President Donald Trump has created a lot of leverage on trade with his letters on tariff rates, U.S. Treasury Secretary Scott Bessent told Bloomberg Television in an interview on Wednesday.
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2hon MSN
Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.
April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
Texas Instruments Inc., a key chipmaker for producers of cars and factory equipment, tumbled in early trading Wednesday after stoking fears that a tariff-fueled surge in demand will be short-lived.Though the company issued a third-quarter forecast that beat most estimates,
Texas Instruments shares slumped nearly 12% in premarket trading on Wednesday, after its quarterly profit forecast indicated a hit to demand for its analog chips that stoked investor fears of tariff-related disruptions.