Barbie toymaker to raise prices in U.S. due to high tariffs

LOS ANGELES, May 5 (Xinhua) -- Mattel, the U.S. toymaker of Barbie dolls, said Monday it is pausing its full-year financial forecast due to sweeping U…[More]

Trump tariff on foreign films casting doubt on Australian plans for industry epicenter

SYDNEY, May 6 (Xinhua) -- Proposed U.S. tariffs on foreign-made films have cast doubt on a 30-year plan to turn Australia's Gold Coast region into a g…[More]

U.S. tariff stick 'smashes rice bowls' of its own citizens

Cartoon by Ma Hongliang Imposing additional tariffs on foreign imports without regard for the consequences, the U.S. is not only disrupting global tra…[More]

Global manufacturing PMI edges down in April, indicating downward pressure on world economy amplified by US tariffs

The China Federation of Logistics & Purchasing (CFLP) on Tuesday said that April's global manufacturing purchasing managers' index (PMI) remained belo…[More]

U.S. footwear giant Skechers to be sold under shadow of Trump's tariffs

LOS ANGELES, May 5 (Xinhua) -- Skechers, the third-largest footwear firm by sales in the United States, announced Monday it would be sold in a deal va…[More]

U.S. abuse of tariffs hurts global economy

Washington's pursuit of unilateralism and protectionism - wielding tariffs as blunt instruments and provoking trade frictions - is taking a mounting t…[More]