BBC Jay Forman says he doesn’t have the fat margins of a business like Apple’s to absorb tariffs The business of the North American Toy Fair, an annual showcase of the latest in silly putty, monster trucks and board games, […]
Toymakers brace for Trump tariffs: ‘It’s killing our mojo’ Read More »
Getty Images Donald Trump said he planned to hit goods from China with another 10% rise in tariffs, the latest salvo in the US president’s steadily escalating trade fights. Imports from China already face tariffs of at least 10%, after
Trump says US will impose additional 10% tariff on China Read More »
Nvidia, the chip giant at the heart of the artificial intelligence (AI) boom, said business remained strong, despite fears of a bubble stirred by the launch of Chinese AI firm DeepSeek’s launch on the scene last month. Sales of the
Nvidia says AI chip sales strong despite DeepSeek fears Read More »
Getty Images US President Donald Trump has said he is planning to hit goods made in the European Union with tariffs of 25%. “We’ll be announcing it very soon,” he told reporters at an appearance with members of his cabinet.
Trump says 25% tariffs on EU will be announced soon Read More »
Getty Images US President Donald Trump has ordered an investigation of copper imports in what is a first step toward potential tariffs on the metal. Administration officials said the White House wanted to find ways to boost US production of
Trump orders probe of copper in first step to tariffs Read More »
Apple has fended off a proposal asking the tech giant to consider ending its diversity practices, such as the use of race and sex in hiring decisions. Apple said a majority of shareholders had rejected the measure, which the company
Apple defeats shareholder effort to end DEI programmes Read More »
Apple plans to invest more than $500bn (£396bn) in the US over the next four years, starting with a new advanced manufacturing factory in Texas. The tech giant said it expected to create 20,000 new jobs over that time, with
Apple commits to ‘largest ever’ $500bn US investment Read More »
Getty Images Starbucks is cutting 1,100 jobs and simplifying its menu in the US as it tries to improve flagging business in its home market. The first items to get the axe include the Royal English Breakfast Latte, White Hot
Starbucks axes some drinks and staff in bid for US turnaround Read More »
Getty Images US President Donald Trump is sharpening plans to hit exports from countries that he says have trade policies that are unfair to the US. On Thursday, Trump signed a memo that instructed staff to develop custom tariffs for
Trump launches plan to target countries with ‘reciprocal’ tariffs Read More »
Getty Images A US court has rejected the Biden administration’s bid to restore “net neutrality” rules, finding that the federal government does not have the authority to regulate internet providers like utilities. It marks a major defeat for so-called open
Court strikes down US net neutrality rules Read More »
