Helen of Troy's market value plummets as U.S. tariffs against China continue to hurt El Paso consumer products company's operations.

Treasury Secretary Scott Bessent said on Monday that the U.S. is “not going to rush” just to close deals ahead of the August 1 deadline for finalising a trade deal with the country, or face steep tariffs.

Treasury Secretary Scott Bessent said China’s dependence on Iranian and Russian oil is a key issue in upcoming trade talks.

President Donald Trump plans to impose tariffs on countries purchasing Russian oil, including China, India, and Brazil, Republican Senator Lindsey Graham said. “These countries buy about 80% of cheap Russian oil,

NEW YORK (AP) — With summer in full swing in the United States, retail executives are sweating a different season. It’s less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices.

Porsche plans to cut 1,900 jobs by 2029, following earlier reductions of 1,500 non-renewed contracts and 500 more planned layoffs.

US President Trump is antagonising friends and rivals alike, inadvertently reinforcing an anti-US bloc. It is quite possible that the world may be witnessing the unintended handover of global leadership from Washington to Beijing and Moscow.

M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,

Under a 2014 deal, called the Enhanced Defence Cooperation Agreement, or EDCA, the U.S. military has access to Philippine bases and sites for joint training and for facilities such as runways, fuel storage and troop housing. The agreement was expanded in 2023 to allow the United States access to nine locations, up from five before.

China and Vietnam plan to hold their first joint army training exercise this month, a sign of deepening military ties as the two countries grapple with US tariff policies.

With U.S. toy sales up 6% in the first four months of the year, toy makers are hoping that consumer demand, and hit toys will help them weather the tariff impact.