Deira Trading Company

Temu adds ‘import charges’ after Trump tariffs

Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump’s tariffs. The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than […]

Comcast, Charter lean into mobile service

10’000 Hours | Digitalvision | Getty Images Cable companies are increasingly calling on mobile for their next big opportunity. The cable industry’s foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than a decade after cable giants like Comcast and Charter Communications jumped into the mobile business, the […]

Ford launches exclusive experience program for its priciest pickups

Ford is launching a program that aims to give its “Platinum Plus” pickup truck customers a more curated, exclusive experience. Michael Wayland / CNBC DEARBORN, Mich. — Ford Motor is launching a program that aims to give its most premium pickup truck customers a more curated, exclusive experience. The Detroit automaker’s new ownership experience is […]

Trump tariffs urge U.S. auto production. Here’s why that’s complicated

Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more […]

Boeing (BA) Q1 2025 earnings

Boeing narrowed its losses in the first quarter and is preparing to raise monthly output of 737 Max jets, as CEO Kelly Ortberg said the planemaker could send some aircraft destined for China to other airlines amid the trade war. Boeing is planning to seek Federal Aviation Administration approval later this year to increase production […]

Source: CurrencyRate