Smartphone Exports to US Plummet Amid Trump's Tariffs
The export of smartphones from China to the USA fell in April to the lowest level since April 2011.
Business
Study Reveals 25 Major US Cities Are Slowly Sinking
The ground beneath 25 of the USA's largest cities is sinking, according to a study. A slow danger, the researchers describe the development. "One of the biggest surprises was that the land subsidence is already so widespread", writes researcher Leonard Ohenhen.
World
Sweden Pledges 20 Million Kronor to Support Radio Free Europe
Sweden is supporting Radio Free Europe, threatened with closure, with 20 million kronor. We are showing the way and hope that more will follow, says Minister for Development Cooperation and Trade Benjamin Dousa (The Moderate Party) to TT.
Swedish politics
Amazon Beats Quarterly Expectations with Strong Earnings
The American e-commerce giant Amazon exceeded expectations in its quarterly report after the stock market closed in New York on Thursday.
Business
US Probes Tariffs on Medicine and Semiconductor Imports
The US President Donald Trump's government is moving forward with introducing tariffs on imports of semiconductors and medicines by initiating investigations led by the Commerce Department, reports Bloomberg.
Business
Trump's Concern - Investors Punish the USA
Turbulence in the economy usually gets investors to seek shelter in dollars or American government bonds. But now something has happened. The uncertainty that Trump's eternal tweeting has created makes the willingness to invest decrease, says Jens Magnusson, chief economist at SEB.
BusinessTop news
Trump's Tariff Strategy: Unpacking His Economic Goals and Global Impact
The USA's President Donald Trump's tariff shock has astonished most people. Stock exchanges have crashed – and then soared. And many now fear that the trade war with China will fundamentally reshape the economic world order. But what does he really want?
BusinessTop news
US Tariffs Challenge Swedish Firms, Sparking Concerns and Opportunities
Swedish companies will be affected by the USA's new tariffs. All these storm clouds - one feels bad thinking about it, says small business owner Johanna Olofsson. She shares the concern with many entrepreneurs right now - but perhaps new opportunities will also open up.
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