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Trump tariffs: The uncertainties facing businesses and consumers after tariff changes
Posted onUS economist Bernard Yaros pointed out that Trump has already used Section 232 of the Trade Expansion Act of 1962 to introduce industry-specific tariffs on sectors including vehicles, steel and aluminium, and noted that “the Department of Commerce has launched Section 232 investigations into pharmaceuticals, semiconductors, critical minerals, and aircraft”.
US probes Nike over white worker discrimination claims
Posted onThe Equal Employment Opportunity Commission (EEOC), which enforces workplace discrimination laws, announced on Wednesday it has demanded company records going back to 2018, including the use of race and ethnicity data, and whether such information influenced executive pay.
China has found Trump’s pain point – rare earths
Posted onOsmond ChiaBusiness reporter Reuters Last week, China’s Ministry of Commerce published a document that went by the name of “announcement No. 62 of 2025”. But this wasn’t just any bureaucratic missive. It has rocked the fragile tariffs truce with the US. The announcement detailed sweeping new curbs on its rare earth exports, in a move…
