HSBC sounds alarm on trade war; Trump to soften blow of automotive tariffs – business live

Rolling coverage of the latest economic and financial newsAmazon is seeking steep discounts from suppliers and setting tough terms to protect its margins amid the Trump trade war, the Financial Times reports this morning.According to the FT, Amazon had sought low double-digit price cuts from the sellers of goods ranging from homeware to consumer electronics, according to three vendor consultants — who negotiate on behalf of multiple brands and suppliers.“Global demand for air travel continues to grow. Despite all the geopolitical uncertainties, we therefore remain on course for growth, are optimistic about the summer, and are sticking to our positive outlook for 2025.In the first quarter, our airlines were able to sell their expanded capacity at higher yields in the market. Continue reading...

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I'm a federally employed military spouse and feel forced into retirement. It's making me sad that I voted for Trump.

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