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#tariff

398 posts286 participants17 posts today

Asian stocks rise on electronics tariffs exemption, gold hits new high

> Asian #stocks rose Monday as trade war fears were tempered by #DonaldTrump's announcement of #tariff exemptions for electronics, though the dollar weakened and safe-haven #gold hit a fresh record amid fears the relief would be short-lived

> After the wild gyrations witnessed last week, markets got off to a relatively stable start following news Friday that the White House would exempt #smartphones, today.rtl.lu/news/business-and

"When U.S. President Donald #Trump announced a 25% #tariff on automotive imports, the president of the #UnitedAutoWorkers supported the move, even though it would likely result in layoffs for American and Canadian workers. In #Canada, #Unifor is deeply opposed to the tariffs, so two unions that once supported each other are now divided."

#tradewar
#unions
#cars
cbc.ca/listen/live-radio/1-14-

In wake of #DJT tawdry #tariff tantrums: #China has stopped ALL exports of it's key #RareEarth minerals vital to much #tech device #manufacturing. Minerals banned for international #export include key components of #Semiconductors for computer systems, fiber optics, #Solar panels, #FlameRetardants, Tracer round #ammunition etc

#GiftLink #SharedLink #NYTimes nytimes.com/2025/04/13/busines