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Reebok founder on Trump tariffs: It's virtually impossible to make sneakers in US
A switch to making sneakers in the US from the likes of China and Vietnam is “virtually impossible overnight,” Reebok founder Joe Foster told Yahoo Finance Executive Editor Brian Sozzi in a new episode of the Opening Bid Unfiltered podcast (see video above or listen below). “It’s not something you can just turn the switch on.”
Trump Imposes 30% Tariff on EU to ‘Correct’ Trade Deficit
US President Donald Trump has announced that all imports from the EU and Mexico will have a 30% tariff as of August 1. He sent letters to EU President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum informing them of the new rates, which were also posted on his Truth Social account on Saturday.
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Vietnam’s 20% tariff deal with Trump lacks full details and a final agreement textVietnam rushed to meet the July 9 trade deadline set by U.S. President Donald Trump, hoping to escape a round of harsh reciprocal tariffs. But that early move has now left officials in Hanoi and major ...
Neither side has released documentation of the tariff terms, raising questions about whether they did, in fact, reach an agreement.
President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive ...
Vietnam's leadership was caught off guard by US President Donald Trump's announcement last week that it agreed to a 20% ...
Vietnam will devise measures to improve product quality to cope with potential risks from U.S. tariffs, as it seeks to expand ...
Vietnam’s central bank stands ready to take steps to curb inflation and support growth, as it warns about the impact of ...
External demand continues to support Chinese economic growth, as the first-half trade surplus surged to a new high of $586bn.
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading ...
Foreign investors are expected to flock back to Vietnam’s stock market after the country received a lower-than-expected US ...
Local businesses are facing a confluence of trade pressures, technological disruption and competition, says ASME. Read more ...
Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee ...
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