Money Moves

How South Korea's K-beauty industry is being hit by Trump tariffs

How South Korea’s K-beauty industry is being hit by Trump tariffs

South Korea is known for its significant exports to the United States, including automobiles and smartphones, but its beauty products have garnered a uniquely enthusiastic following. The term “K-beauty” encompasses a variety of skincare, makeup, and cosmetics from South Korea, which are often praised for their quality and affordability. As a result, demand for these […]

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Trump's global tariffs 'victory' may come at a high price

Trump’s global tariffs ‘victory’ may come at a high price

In April, Donald Trump announced new import tariffs, which were largely put on hold due to market panic. Four months later, Trump is highlighting what he claims are significant achievements, including new agreements with some trading partners and unilateral tariffs on others, all while avoiding the major financial disruptions seen previously. Trump asserts that his

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Labour might be down, but it's not necessarily out

Labour might be down, but it’s not necessarily out

In a recent assessment of the Labour party’s current standing, a senior government figure stressed the importance of the relationship with voters, particularly in light of recent challenges faced by the party. This week, Labour has experienced difficulties in maintaining control of its backbenchers, prompting discussions about the state of their connection with the electorate.

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The US factory that lays bare the contradiction in Trump's policy

The US factory that lays bare the contradiction in Trump’s policy

In the desert near Phoenix, Arizona, construction is underway on a significant semiconductor manufacturing facility by the Taiwan Semiconductor Manufacturing Company (TSMC). This facility, named Fab 21, aims to produce advanced chips, marking the first time such technology has been developed in the United States. TSMC’s investment is reported to be part of a larger

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