Trump Administration Readies Reciprocal U.S. Tariffs | Softbank Posts Third-quarter Loss Of $2.4 Billion
According to reports, U.S. President Donald Trump's trade advisers are finalizing plans on for the reciprocal tariffs the U.S. president has vowed to impose on every country that charges duties on U.S. imports, ratcheting up fears of a widening global trade war. Japanese technology investor SoftBank Group has booked a net loss of 369.2 billion yen in the October-December quarter as valuations at its Vision Fund investment arm fell.
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