tariff

Trump ramps up trade war with tariff blitz targeting 14 countries

United States President Donald Trump has unveiled steep tariffs on more than a dozen countries as he ratchets up his pressure campaign aimed at winning concessions on trade. Trump’s latest trade threats on Monday put 14 countries, including key US allies Japan and South Korea, on notice that they will face tariffs of 25 to 40 … Read moreTrump ramps up trade war with tariff blitz targeting 14 countries

Prada acquires rival Versace for $1.4bn despite tariff uncertainty

Fashion brand Prada has agreed to buy its smaller rival Versace for $1.38bn from Capri Holdings, bringing together two of the biggest names in Italian fashion and the prospect of enhanced revenues. The deal was announced on Thursday. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating … Read morePrada acquires rival Versace for $1.4bn despite tariff uncertainty

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