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    China hits back at US with 34% import tariffs

    The move follows President Donald Trump’s “reciprocal” duties on all Chinese goods

    By Editors Desk

    Latest Business

    Donald Trump announces new 25% tariffs on cars from overseas

    President says levies will take effect on 2 April when he is expected to unveil reciprocal tariffs on other imports

    New vehicles at the Port of Tacoma in Washington on 4 March 2025. Photograph: David Ryder/Bloomberg via Getty Images

    Steph Curry and Michelle Obama team up to create a sports drink

    Golden State Warriors point guard Stephen Curry is launching a sports drink. David Gonzales-Imagn Images/Reuters

    Tesla’s stock is making a comeback. But it’s about to face a massive challenge

    A Cybertruck and other Telsla vehicles sit in Kennesaw, Georgia. Mike Stewart/AP

    Europe delays tariffs on US goods, including whiskey

    Luke Sharrett/Bloomberg/Getty Images

    Fast-fashion staple Forever 21 files for bankruptcy again

    F21 OpCo, operator of the low-cost clothing brand, says stores will remain open while it begins winding down operations.

    The Forever 21 store at New York’s Times Square in December 2014. (iStock)

    Canada imposes retaliatory tariffs on $20 billion worth of US goods

     

    Europe swiftly hit back at Trump’s sweeping levies on metals and now America’s northern neighbor is doing the same in a major escalation of the trade war

    Steel coils at the ArcelorMittal Dofasco steel production facility in Hamilton, Ontario. Canada is one of the main sources of aluminum and steel shipped to the US. Nick Iwanyshyn/The Canadian Press/AP

    X under massive cyberattack from ‘Ukraine area’ – Musk

    The tech billionaire has suggested that a large coordinated group or a nation-state actor was involved

    SpaceX and Tesla CEO Elon Musk at the White House in Washington, DC. © Global Look Press / Al Drago/CNP/Keystone Press Agency/Global Look Press

    Tesla faces vandalism and protests amid backlash against Elon Musk

    Tesla faces vandalism and protests amid backlash against Elon Musk

    Canada will win trade war with US – next PM

    Mark Carney has claimed that his country is ready for a fight “when someone else drops the gloves”

    Mark Carney, the newly elected leader of the Liberal Party of Canada, Ottawa, Ontario, March 9, 2025 © NurPhoto / Getty Images

    He's the face of Trump's tariffs. But 9/11 attacks put Howard Lutnick on the national stage

    U.S. commerce secretary escaped death on Sept. 11, 2001, taking his son to school.

    (Ben Curtis/The Associated Press)

    Taiwanese chip giant to announce $100bn investment in US plants

    CEO of Taiwan Semiconductor Manufacturing Co (TSMC) to discuss deal with Trump at White House on Monday

    A Taiwan Semiconductor Manufacturing Company factory in Nanjing, China, in 2022. Photograph: VCG/Getty Images

    Kroger’s CEO abruptly resigns after probe into personal conduct

    Rodney McMullen, chief executive officer of Kroger, has resigned. Jeenah Moon/Bloomberg via Getty Images

    Trump cancels Chevron's Venezuela oil licence, citing lack of electoral reforms

    US president Donald Trump on Wednesday said he was "reversing the concessions" given to oil and gas multinational Chevron to operate in Venezuela by his predecessor Joe Biden, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.

    • By
    A sculpture of a hand holding an oil drilling rig is pictured outside the state-run oil company Petroleos de Venezuela S.A. in Caracas on February 26, 2025. © Pedro Mattey, AFP

    Starbucks asks office workers to stay at home as it announces 1,100 job cuts

    Corporate lay-offs are the first for coffee shop chain since 2018

    New chief executive Brian Niccol was hired in September with a goal to turn round Starbucks as foot traffic and sales were spiralling lower © Bloomberg

    Apple Earmarks $500 Billion for U.S. Expansion

    Company will create 20,000 jobs and build a factory in Houston to support its generative-AI system

    Apple said it plans to expand its manufacturing footprint in the U.S. over the next four years. PHOTO: LUCAS JACKSON/REUTERS

    Every potential TikTok buyer we know about

    Oracle? MrBeast? Elon Musk? Kevin O'Leary? Steven Mnuchin? Perplexity AI? Microsoft? Amazon? The U.S. government?

    Who's going to buy TikTok? Credit: Getty Images / 5./15 WEST
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