Jonathan Wong
The Latest
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Chinese Amazon Sellers to Raise Prices or Exit U.S. Market as Trump Tariffs Hit 125%
Chinese merchants operating on Amazon are preparing to raise prices or withdraw from the U.S. market in response to President Donald Trump's latest tariff hike, which raised duties on Chinese imports to 125%, escalating trade tensions between the world's two largest economies. 
Chinese merchants operating on Amazon are preparing to raise prices or withdraw from the U.S. market in response to President Donald Trump's latest tariff hike, which raised duties on Chinese imports to 125%, escalating trade tensions between the world's two largest economies. -
Apple Airlifts 1.5 Million iPhones From India to Dodge Trump’s 125% China Tariffs
Apple Inc. chartered cargo flights to airlift roughly 600 tons-or as many as 1.5 million-iPhones from India to the United States in a strategic move to preempt steep tariffs imposed by President Donald Trump on Chinese imports, according to sources familiar with the operation. 
Apple Inc. chartered cargo flights to airlift roughly 600 tons-or as many as 1.5 million-iPhones from India to the United States in a strategic move to preempt steep tariffs imposed by President Donald Trump on Chinese imports, according to sources familiar with the operation. -
Trump's Pharma Tariff Threat Sinks Global Drug Stocks as Market Faces Regulatory Jitters
Global pharmaceutical stocks fell sharply Wednesday after President Donald Trump reiterated plans to impose a "major" tariff on drug imports, escalating fears across an industry already grappling with regulatory uncertainty and weakening investor confidence. The announcement came as Trump's broader reciprocal tariff regime took effect, further roiling international markets. 
Global pharmaceutical stocks fell sharply Wednesday after President Donald Trump reiterated plans to impose a "major" tariff on drug imports, escalating fears across an industry already grappling with regulatory uncertainty and weakening investor confidence. The announcement came as Trump's broader reciprocal tariff regime took effect, further roiling international markets. -
Delta Warns of Stalled Growth, Slashes Forecasts as Trump Tariffs Shake Travel Demand
Delta Air Lines withdrew its 2025 financial guidance on Wednesday and warned of deteriorating travel demand in the face of escalating global trade tensions triggered by President Donald Trump's tariff regime. CEO Ed Bastian cited "broad economic uncertainty around global trade" as a primary reason for halting expansion plans and signaling potential recessionary pressures. 
Delta Air Lines withdrew its 2025 financial guidance on Wednesday and warned of deteriorating travel demand in the face of escalating global trade tensions triggered by President Donald Trump's tariff regime. CEO Ed Bastian cited "broad economic uncertainty around global trade" as a primary reason for halting expansion plans and signaling potential recessionary pressures. -
Apple Shares Plunge as Trump Tariffs Set to Hit 104%; iPhone Prices Could Soar by $350
Apple Inc. shares tumbled on Tuesday after the Trump administration confirmed it will implement a 104% tariff on goods imported from China beginning Wednesday, a move that could drastically inflate iPhone prices and squeeze the company's margins. The announcement sent Apple stock sliding after an early rally, closing deep in negative territory amid a broader tech sector sell-off. 
Apple Inc. shares tumbled on Tuesday after the Trump administration confirmed it will implement a 104% tariff on goods imported from China beginning Wednesday, a move that could drastically inflate iPhone prices and squeeze the company's margins. The announcement sent Apple stock sliding after an early rally, closing deep in negative territory amid a broader tech sector sell-off. -
Walgreens Beats Estimates, Reports $38.6 Billion in Revenue as It Prepares for $10 Billion Sycamore Buyout
Walgreens Boots Alliance reported stronger-than-expected second-quarter earnings Tuesday as the pharmacy chain accelerated cost-cutting measures and prepared for a $10 billion acquisition by private equity firm Sycamore Partners. The company also announced it is withdrawing its fiscal 2025 guidance amid preparations to go private later this year. 
Walgreens Boots Alliance reported stronger-than-expected second-quarter earnings Tuesday as the pharmacy chain accelerated cost-cutting measures and prepared for a $10 billion acquisition by private equity firm Sycamore Partners. The company also announced it is withdrawing its fiscal 2025 guidance amid preparations to go private later this year. -
Facing Tariff Surge, Apple Moves Five Cargo Planes of iPhones to U.S. in 72 Hours - Report
Apple rushed five cargo planes loaded with iPhones and other products from India and China to the United States in the final days of March, part of a fast-paced strategy to avoid a 10% reciprocal tariff imposed by the Trump administration that took effect April 5, according to senior Indian officials and industry sources familiar with the matter. 
Apple rushed five cargo planes loaded with iPhones and other products from India and China to the United States in the final days of March, part of a fast-paced strategy to avoid a 10% reciprocal tariff imposed by the Trump administration that took effect April 5, according to senior Indian officials and industry sources familiar with the matter. -
Trump Extends TikTok Deadline by 75 Days Amid Tariff Clash With China and Ongoing Buyout Talks
President Donald Trump on Friday signed an executive order extending the deadline for ByteDance to sell TikTok's U.S. operations by 75 days, a move that forestalls a potential shutdown of the app while escalating tensions with China over trade and national security. 
President Donald Trump on Friday signed an executive order extending the deadline for ByteDance to sell TikTok's U.S. operations by 75 days, a move that forestalls a potential shutdown of the app while escalating tensions with China over trade and national security. -
Nike, Retail Stocks Climb as Trump Says Vietnam Is Willing to Cut Tariffs to Zero
Shares of Nike and other U.S. apparel companies surged Friday after President Donald Trump said he had a "very productive call" with Vietnam's top leader, signaling possible relief from sweeping tariffs imposed earlier this week. 
Shares of Nike and other U.S. apparel companies surged Friday after President Donald Trump said he had a "very productive call" with Vietnam's top leader, signaling possible relief from sweeping tariffs imposed earlier this week. -
Stellantis Idles Mexico and Canada Plants, Lays Off 900 U.S. Workers After 25% Tariff Takes Effect
Stellantis is halting production at two major North American facilities and temporarily laying off 900 U.S. workers, becoming the first automaker to take immediate action following President Donald Trump's new 25% tariffs on imported vehicles. The tariffs, which went into effect Thursday, apply to autos entering the U.S. from all countries, including close trading partners Canada and Mexico. 
Stellantis is halting production at two major North American facilities and temporarily laying off 900 U.S. workers, becoming the first automaker to take immediate action following President Donald Trump's new 25% tariffs on imported vehicles. The tariffs, which went into effect Thursday, apply to autos entering the U.S. from all countries, including close trading partners Canada and Mexico.
