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The Latest Breaking News from Vietnam

'China plus one' bets unravel as Southeast Asian economies get steep 'Liberation Day' tariffs

Companies that embraced supply-chain diversification by moving some operations to economies geographically close to China now face an array of bad options.

Fortune

‘Possible, but not probable': analysts react to rumors of a $2,300 iPhone after Trump tariffs

The announcement of heavy US tariffs across the world has caused alarm, including some murmurs suggesting the price of the iPhone could rise past $2,000 – we’ve checked in with industry analysts to explain why that’s probably not the case.

TechRadar

Coffee Prices Sink on Risk-Off Sentiment in Asset Markets

May arabica coffee (KCK25 ) Friday closed down -19.55 (-5.07%), and May ICE robusta coffee (RMK25 ) closed down -259 (-4.82%). Coffee prices plummeted Friday, with arabica posting a 2-month low and robusta posting a 2-1/2 month low. Friday's risk-off sentiment in asset markets undercut most commodity prices, including coffee....

Barchart

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read the most diverse news in one place.

Why Dow Component Nike, Apparel Stocks, Are Rallying After Trump Tariffs Slide

Nike and several other apparel-related stocks rebounded on Friday after Thursday's tumble.

Investors Business Daily

Nintendo's Switch 2 pre-orders delayed by Trump tariffs — June 5 launch date still on schedule

Nintendo indefinitely delayed the start of its pre-orders in the U.S. after President Trump's tariff announcements.

Tom’s Hardware

Coffee Prices Retreat on Risk-Off Sentiment in Asset Markets

May arabica coffee (KCK25 ) today is down -14.70 (-3.82%), and May ICE robusta coffee (RMK25 ) is down -179 (-3.33%). Coffee prices are selling off today, with arabica and robusta falling to 2-month nearest futures lows. Today's risk-off sentiment in asset markets is weighing on most commodity prices, including...

Barchart

‘There will be blood’: JPMorgan raises recession risk to 60% as global stock market sell off continues

Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

Fortune

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From Nike to Apple: which US brands could be hit hardest by Trump tariffs and what’s at stake?

Companies with suppliers in Asian countries are likely to have to raise prices after the US president’s measures

The Guardian - UK

The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020

Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020

The Independent UK

PC prices up at least 20%: Trump Tariffs may hurt U.S. system integrators most

Boutique PC builders like Maingear and Falcon Northwest bear the brunt of the costs.

Tom’s Hardware

Trump's New Tariffs on These 3 Countries Look Particularly Foolish

What tariffs on Singapore, Brazil, and Vietnam can tell us about how Trump misunderstands the value of trade.

Reason

Robusta Coffee Recovers on Concern Higher Tariffs on Vietnam Could Curb Robusta Supplies

May arabica coffee (KCK25 ) Thursday closed down -3.60 (-0.93%), and May ICE robusta coffee (RMK25 ) closed up +5 (+0.09%). Coffee prices on Thursday settled mixed. President Trump's reciprocal tariffs led to risk-off sentiment in most asset markets and raised concern about consumer demand, weighing on coffee prices. However,...

Barchart

Gap, Nike and Levi's took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining their strategies

What looked like a safe bet to move manufacturing supply chains out of China is turning out to be a nightmare for many big retail brands.

Fortune

Risk-Off Sentiment in Asset Markets Weighs on Coffee Prices

May arabica coffee (KCK25 ) today is down -3.40 (-0.87%), and May ICE robusta coffee (RMK25 ) is down -10 (-0.19%). Coffee prices today are moderately lower as President Trump's reciprocal tariffs led to risk-off sentiment in most asset markets and raised concern about consumer demand. Coffee prices are consolidating...

Barchart

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International Business Times

'Shocking': US Tariffs Worse Than Feared For Vietnamese Exporters

At a garment factory in Ho Chi Minh City that exports T-shirts and underwear to the United States, staff were alarmed by "shocking" trade tariffs imposed on Vietnam that could severely impact their business.

International Business Times

Trump's Tariffs Sting Asian Giants, Including US Allies

Asia's manufacturing powerhouses were desperately seeking talks with Washington on Thursday after Donald Trump announced 10 percent "reciprocal" tariffs, and even more for some longtime US allies.

Fortune

Trump’s ‘Liberation Day’ tariffs crash markets and send world leaders scrambling to respond

Tariffs are especially steep in Asia. Vietnam, a major beneficiary of shifting supply chains for electronics and clothing, got hit with a 46% tariff.

The Conversation

Trump’s trade war will hurt everyone – from Cambodian factories to US online shoppers

It had the hallmarks of a reality TV cliffhanger. Until recently, many people had never even heard of tariffs. Now, there’s been rolling live international coverage of so-called “Liberation Day”, as US President Donald Trump laid out tariffs to be imposed on countries around the world.

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Barchart

Coffee Prices Consolidate Above Recent Lows

May arabica coffee (KCK25 ) Wednesday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25 ) closed down -6 (-0.11%). Coffee prices Wednesday posted modest losses as they consolidated above Tuesday's 2-month lows. Coffee prices have been the defensive over the past week, with arabica falling to a 2-month...

Barchart

Coffee Prices Slightly Lower on Recent Rain in Brazil

May arabica coffee (KCK25 ) today is down -0.30 (-0.08%), and May ICE robusta coffee (RMK25 ) is down -32 (-0.60%). Coffee prices today are slightly lower but remain above Tuesday's 2-month lows. Coffee prices have been the defensive over the past week, with arabica falling to a 2-month nearest-futures...

The Independent UK

Counting the potential toll of Trump's tariffs on major Asian economies

Export manufacturing and free trade helped transform China and other Asian countries into economic powerhouses

Fortune

Asia tries to prepare for Trump’s ‘Liberation Day’ wave of new tariffs: ‘We’re working on this matter nonstop, even on weekends’

Vietnam cut import duties on Monday while other governments like Japan and Australia have tried negotiating with Washington.

Barchart

Coffee Prices Settle Higher on Supply Concerns

May arabica coffee (KCK25 ) Tuesday closed up +9.30 (+2.45%), and May ICE robusta coffee (RMK25 ) closed up +103 (+1.95%). Coffee prices on Tuesday recovered from 2-month lows and closed higher. Short-covering emerged in coffee futures Tuesday due to weather concerns in Brazil after Somar Meteorologia forecasted limited rainfall...

Barchart

Coffee Prices Rebound on Brazil Weather Concerns

May arabica coffee (KCK25 ) today is up +5.50 (+1.45%), and May ICE robusta coffee (RMK25 ) is up +57 (+1.08%). Coffee prices today recovered from 2-month lows and are moderately higher. Short-covering emerged in coffee futures today due to weather concerns in Brazil after Somar Meteorologia forecasted limited rainfall...

Barchart

Coffee Prices Slip on Brazil Rains

May arabica coffee (KCK25 ) Monday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25 ) closed down -68 (-1.27%). Coffee prices on Monday settled lower. Coffee prices have been the defensive over the past week, with arabica falling to a 1-month nearest-futures low last Thursday and robusta dropping...

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