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Trade Wars - Page 23

March 22, 2025
Business/Trade Wars

The Illicit Oil Trade That is Keeping Libya Divided

The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,

Business/Trade Wars

US Lawmakers Launch Probe Into Wall Street’s Role in Alleged Chinese Stock Manipulation

US lawmakers have opened a new investigation into the role of New York-based IPO underwriters in bringing Chinese companies to US stock exchanges, amid allegations that several of these listings were linked to large-scale stock manipulation schemes. The inquiry, led

March 10, 2026

US Beef Prices Soar to Record Highs Amid Historic Cattle Shortage

Business/Trade Wars

Beef prices in the United States have surged to unprecedented levels, driven by the country’s lowest cattle inventory in over 70 years, according to

Satellite Images Reveal Huawei’s Advanced Chip Production Line in China

Business/Trade Wars

Huawei is advancing its semiconductor ambitions with the rapid expansion of its chip production capabilities in Shenzhen, China, as part of an effort to

US Audit Quality Improves After Regulator’s Crackdown, Says PCAOB

April 1, 2025
Business/Trade Wars

The Public Company Accounting Oversight Board (PCAOB) has reported a significant improvement in audit quality for US-listed companies in 2024, following its crackdown on audit firms through tougher standards and steeper fines.

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Traders Bet on Scandinavian Currencies as ‘Euro on Steroids’ Rally Continues

March 30, 2025
Business/Trade Wars

Sweden and Norway’s currencies have emerged as top picks for traders banking on a European economic revival, outperforming their major peers since the start of the year. As Financial Times reports, the

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Brazil’s ‘Egg King’ Expands to U.S. with $1.1 Billion Hillandale Farms Acquisition

March 28, 2025
Business/Trade Wars

Brazilian entrepreneur Ricardo Faria, known as the “Egg King,” is making a major entry into the U.S. market with a $1.1 billion acquisition of Hillandale Farms, one of the country’s largest egg

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Trump Imposes 25% Tariffs on Auto Imports, Escalating Trade War

March 27, 2025
Business/Trade Wars

President Donald Trump has announced a 25% tariff on auto imports, marking a significant escalation in his ongoing trade war aimed at reviving American manufacturing jobs. Speaking from the Oval Office on

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TSMC’s $100 Billion U.S. Investment Unlikely to Revive American Chipmaking — Intel Ex-CEO

March 27, 2025
Business/Trade Wars

Former Intel CEO Pat Gelsinger has cast doubt on Taiwan Semiconductor Manufacturing Company’s (TSMC) recent $100 billion investment pledge in the United States, arguing that it will do little to restore the

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Geopolitical Rivalry Escalates Over Central Asia’s Rich Mineral

March 26, 2025
Business/Trade Wars

Central Asia is rapidly becoming a focal point in the global competition for critical resources, as the United States, European Union, Russia, and China intensify their efforts to secure access to the

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The Illicit Oil Trade That is Keeping Libya Divided

March 22, 2025
Business/Trade Wars

The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,

More

Global Central Banks Increasing Gold Reserves Amid Shifting Economies

March 21, 2025
Business/Trade Wars

Central banks around the world have been steadily increasing their gold reserves, with 2024 marking the third consecutive year that global gold purchases surpassed the 1,000 metric tons (MT) threshold. According to

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Tesla Recalls Over 46,000 Cybertrucks Due to Safety Concerns

March 21, 2025
Business/Trade Wars

Tesla has issued a recall for more than 46,000 Cybertrucks in the United States over a critical safety issue, marking another setback for the highly anticipated electric pickup truck. The company announced

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Costco Pushes Chinese Suppliers for Price Cuts Amid Rising US Tariffs

March 20, 2025
Business/Trade Wars

Costco is exerting pressure on its suppliers in mainland China to lower prices in response to escalating US tariffs, a move that adds to the growing risks of scrutiny from Beijing amid

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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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