Vietnam reciprocal tariffs reflect trade deficit and ties to China

The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam.  Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank […]

Nations puzzle over how to respond to US trade war as global markets gyrate

BRUSSELS (AP) — America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, while the head of the European Union’s executive commission offered mutual reduction of tariffs – while warning that retaliation was an option too. “We stand ready to negotiate with […]

China punches back as world weighs how to deal with higher US tariffs

BANGKOK (AP) — China hit back with a stiff import tax on U.S. goods as countries and industries around the world weighed their responses to President Donald Trump’s latest tariff hikes that are roiling global trade and world markets. China on Friday took the retaliation route by imposing a 34% tariff beginning April 10 on […]

Hey, Elon! Here’s how to meddle in British politics – POLITICO

Word of warning That’s plenty to be cracking on with, but even if you fall foul of the existing rules, the maximum penalty the Electoral Commission can impose is a laughable £20,000. That’s walking-around money for a democracy-loving billionaire. Still, irksome transparency campaigners reckon there are a few simple steps the government could take to […]

Smart money moves to make, from experts

Throughout March, President Donald Trump enacted a number of tariffs, including a 20% blanket tariff on imports from China, a 25% levy on goods from Canada and Mexico that the Trump administration says are not compliant with the United States-Mexico-Canada Agreement, and a 25% tariff on all imported aluminum and steel. Another round of tariffs […]

NASA astronauts return to Earth after 9 months: How space changes the body | Space News

EXPLAINER Nine months in space can permanently alter the body, leaving astronauts Sunita Williams and Barry Wilmore with possible long-term health effects. It was a mission that lasted far longer than planned. United States astronauts Sunita “Suni” Williams and Barry “Butch” Wilmore went to space on board the Boeing Starliner Calypso on June 5, 2024. […]

The fundamentals and charts point to an Alibaba comeback. How to profit from it

After languishing for multiple years, Alibaba (BABA) has finally started to show some momentum and signs of a potential turnaround for its business. This aligns with developments in China, where the government is easing regulatory pressures on its tech sector to revitalize the economy and accelerate its AI ambitions to rival America. BABA, a titan […]