
Former US Under Secretary of Commerce for International Trade Frank Lavin says US President Donald is achieving his goals in his tariff initiatives. But he also tells Bloomberg’s Yvonne Man and David Ingles that he’s not sure if the new levies will help the US economy. He speaks on “Bloomberg: The China Show.” (Source: Bloomberg)…

The global copper market is reeling from its biggest shock yet in a year of policy surprises, violent price swings and unprecedented trade dislocation. US President Donald Trump went ahead with 50% tariffs on copper imports but exempted refined metals, which are the mainstay of international trading. The move triggered a record plunge for US prices after…

Takeshi Horikoshi, Komatsu of CFO, expects US tariffs will inflict a $550 million dent to its profits this fiscal year, even after Washington reduced Japan’s levy rate. He speaks exclusively on the company’s latest earnings with Shery Ahn and Haidi Stroud Watts on “Bloomberg: The Asia Trade”. (Source: Bloomberg) Source: Bloomberg Markets.