Following a temporary easing in US-China trade tensions, Japan’s Komatsu Ltd. $6301.T, the world’s second-largest construction and mining equipment manufacturer, expects a less severe hit from U.S. tariffs than previously projected. CEO Takuya Imaiyoshi stated in an interview with Reuters that the projected negative impact on operating profit will be reduced by roughly ¥20 billion (USD 140 million), bringing the anticipated damage down to around ¥74.3 billion.
French electrical and digital infrastructure group Legrand SA $LR.PA is implementing a series of strategic adjustments in response to intensifying U.S. tariffs on Chinese imports. CEO Benoît Coquart confirmed in a recent interview with Reuters that the company anticipates a financial hit of $150–$200 million in adjusted EBIT for 2025, largely due to heightened duties. To mitigate these losses, Legrand plans to raise product prices, restructure its supply chain, and freeze non-essential spending.
As trade tensions between the U.S. and China continue to affect global markets, Amazon $AMZN is among the companies feeling the heat from tariffs imposed by the Trump administration. With a 145% tariff on Chinese imports, businesses heavily reliant on Chinese manufacturing, such as Amazon, Walmart $WMT, and Apple $AAPL, are grappling with the increased costs. While Amazon has attempted to reassure investors, the pressures from these tariffs have sparked concerns about their long-term impact on the company’s business, particularly in e-commerce. This article explores how these tariffs are affecting Amazon and other major players in the retail and tech sectors, as well as the strategic shifts companies are making to adapt.
The Port of Los Angeles, one of the busiest trade gateways in the United States, is bracing for a dramatic 35% drop in cargo volumes from Asia next week. The anticipated plunge reflects the latest escalation in the ongoing trade conflict, with major U.S. retailers suspending imports from China in response to rising tariffs, according to port executive director Gene Seroka.
The escalating effects of the U.S.-China trade dispute initiated under the Trump administration are reverberating through major sectors of the American economy. On Tuesday, global delivery leader United Parcel Service $UPS announced plans to eliminate 20,000 positions to counter rising operational costs. Meanwhile, General Motors $GM revised its earnings outlook and postponed its investor conference call, citing uncertainties tied to shifting trade dynamics.
Apple Inc. $AAPL is heading into its quarterly earnings release on Thursday under the weight of intensifying geopolitical risk and internal delays in its artificial intelligence strategy. Wall Street analysts are bracing for a modest decline in iPhone sales, which would mark the company’s second consecutive quarterly dip—a rare streak for the tech titan.
The S&P 500 $^SPX and Nasdaq Composite $^IXIC posted modest losses on Tuesday as investors digested a wave of corporate earnings and fresh economic signals. At the heart of the market's hesitation lie growing concerns over the escalating trade dispute between the United States and China, rekindled by sharp commentary from U.S. Treasury Secretary Scott Bessint.
Amazon.com Inc. $AMZN is encountering unexpected headwinds as it prepares for its annual Prime Day event. Traditionally a cornerstone of mid-year consumer spending, this year’s Prime Day appears to be losing traction among a critical demographic: third-party sellers.
The landscape of Beijing’s restaurant industry is increasingly shaped by global economic shifts and trade disputes. A vivid example is Home Plate BBQ, an American-style restaurant in Beijing now facing seismic changes in its beef supply chain due to the ongoing US-China trade war.
Boeing $BA has once again found itself at the center of global financial headlines as escalating trade tensions between the United States and China challenge even the most established supply chains. This week, a Boeing jet originally intended for a Chinese airline returned to the United States, after its delivery was delayed at the company’s completion center near Shanghai—a reflection of how political standoffs are now disrupting routine aerospace operations.
Escalating trade tensions between China and the United States are fundamentally reshaping the strategies of China’s leading tech giants. Tencent $0700.HK and Douyin, both major players in the country’s digital economy, have quickly rolled out new initiatives in response to these shifting conditions. As stringent U.S. tariffs restrict Chinese goods in American markets, these companies are providing vital domestic support for exporters now seeking new growth opportunities at home.
Amid escalating trade tensions between the United States and China, Xpeng (9868.HK), a notable Chinese electric vehicle manufacturer, is re-evaluating its supply chain strategies. Increasing tariffs and evolving international trade dynamics are pushing the company to explore new ways to safeguard its operations and ensure continued business stability.
