Skechers on Thursday withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic uncertainty, sending the footwear maker’s shares down 7 per cent in extended trading. The U.S.-based company is also looking to minimize production in “high-cost locations” by re-routing and diversifying its sourcing base, executives said on a post-earnings call….
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has once again defended his aggressive trade policies, claiming that the United States is now “pouring in” billions of dollars from newly implemented tariffs on foreign imports. Speaking from the East Room of the White House on Tuesday while signing a series…
With Kamala Harris narrowly leading in most of the polls against Donald Trump, Asian diplomats would like to put their bet on the Democrat leader for the upcoming US presidential elections when it comes to the tariff policy of the two.Analysts forecast that import tariffs under Harris would probably stay lower than those suggested by…
