U.S. President Donald Trump told reporters gathering to see him off to a campaign rally, that he has approved “in concept” Oracle’s bid for the U.S. operations of TikTok. The short-form video app, owned by China’s ByteDance, has been accused by the Trump…
U.S. President Donald Trump, who is engaged in a trade war with Beijing, said on Friday that the largest U.S. automaker, General Motors Co, should begin moving its operations back to the United States. “General Motors, which was once the Giant of Detroit, is…
Stop us if you’ve heard this before. President Donald Trump said that Apple will follow his wishes by opening a U.S. factory in Texas. The president’s comments were made the same day that he disseminated a tweet saying that he would not grant the tech giant a…
A group of 173 footwear companies, including Adidas, Converse, Foot Locker, Hush Puppies, Nike, Puma, Reebok, Ugg and Under Armour, have requested US President Donald Trump immediately remove footwear from the list of imported products to be tariffed from…
US president Donald Trump has signed an executive order paving the way for banning Chinese vendors including Huawei from supplying equipment for US telecommunications networks. The executive order declares a national emergency to give Trump the authority to…
If you live in the U.S., be prepared to pay more for the Apple iPhone. A multi-part tweet disseminated today by President Donald Trump revealed that starting next Friday, $200 billion of Chinese goods imported into the U.S. will be taxed at a 25% rate, up…
President Donald Trump has criticised India’s “big tariffs” on American paper products and the iconic Harley-Davidson bikes, saying the US has been losing billions of dollars to countries like India, China and Japan. Addressing a Republican political rally in…
Wall Street’s three major indexes ended higher on Monday but well below the session’s highs after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports. Postponement of the tariff deadline was seen as the clearest sign yet…
Shanghai led a rally across Asian markets Monday after Donald Trump said he would delay a hike in tariffs on Chinese goods citing “substantial progress” in trade talks and fuelling hopes of an end to their long-running stand-off. Optimism over the…
The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed. Late on…
US President Donald Trump (pix) said Tuesday he would consider extending the deadline for a trade deal with China beyond March 1. “If we’re close to a deal, where we think we can make a real deal… I could see myself letting that slide for a little while,”…
n an unexpected twist in the ongoing saga over the ban on ZTE importing US components, president Donald Trump has indicated he may throw a lifeline to the Chinese vendor. On Sunday, Trump tweeted on his official account that he is working with Chinese…
US President Donald Trump has escalated his criticism of Amazon and CEO Jeff Bezos, saying the White House will take a “serious look” at addressing what he sees as an uneven playing field between the e-commerce giant and its competitors. “Amazon is just not…
Having a large market share is not illegal in the US – but that hasn’t stopped ill-informed US president Donald Trump from launching an extraordinary attack on Amazon on Twitter. In a new tweet on Wednesday, Trump said Amazon was causing “great damage to…
Donald Trump was running for the US presidency when he personally raised with senior Indonesian politicians the need to have a toll road completed in Indonesia to benefit a massive new resort development in which he later invested. A senior Indonesian…
U.S. President Donald Trump will sign executive orders on Friday aimed at identifying abuses that are causing massive U.S. trade deficits and clamping down on non-payment of anti-dumping and anti-subsidy duties on imports, his top trade officials said. The…