As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer. First, the e-commerce company was entangled in the fleeting spat Tuesday with the White House over a faulty report that Amazon was going to show shoppers the costs of…
It was well after 2 a.m., but an aide to Vice President JD Vance was trying to roust a senior Ukrainian official out of his bed in a Munich hotel. He wanted a face-to-face meeting to close a deal letting the United States extract valuable minerals in Ukraine, a priority of the new president, Donald…
The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member. The Bank of Japan said on Thursday that it expects the Japanese economy to grow 0.5 percent in the fiscal year that started on April 1. That is a sharp downgrade from the 1.1 percent the central…
Meta said on Wednesday that it expected to see strong revenue growth in its advertising business in the coming months, even as President Trump’s tariffs threaten to batter the global economy. The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, also reported rising revenue and profit for the first quarter, buoyed by Instagram and…
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty-two days of losses. More than $6.5 trillion wiped from the value of public companies. For financial markets, the 7 percent drop in the S&P 500 is the worst start to a presidential term since Gerald R. Ford took over from…
President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs on Chinese-made goods to 145 percent, an official report on manufacturing activity signaled that in April, Chinese factories experienced the sharpest monthly slowdown in more than a year. The report, a survey of industrial…
During President Trump’s first U.S.-Chinese trade war in 2018, American companies flocked to Vietnam to sidestep escalating tariffs, and the country became increasingly critical to their bottom lines. But in Mr. Trump’s escalating trade fight across the globe, Vietnam has become a new target. Tensions were so high that there were doubts about whether American…
European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact and unable to plan for the future. After years of sluggish demand and high inflation, Europe’s carmakers headed into 2025 with a raft of new…
Canada’s banker-turned-prime-minister pulled off a political miracle, leading his party from polling abyss to a rare fourth term in power, and securing the top government job after entering electoral politics just three months ago. Mark Carney, the country’s new leader, told Canadians that he was the right person to stand up to President Trump and…
On April 30, 1975, Vu Dang Toan commanded the first tank to smash through the main gate of Saigon’s Independence Palace. After seeing so many die — after grinding away his youth battling the Americans and the forces of South Vietnam — he was there, alive and surprised, for the war’s weary end. It was…