-
Kenya's economy faces climate change risks: World Bank
-
France's largest wildfire in decades 'under control', says minister
-
South Korea baseball league cancels two games over heatwave
-
Warsaw and Kyiv exhume Volyn victims at centre of diplomatic quarrel
-
India PM Modi says he forgives protesters who abused him
-
California lifeguards wiped out from extreme weather
-
US plans steep water cuts for southwest amid Colorado River crisis
-
Amazon surges as US stocks shrug off bond yield worries
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Stocks diverge on earnings, as oil steadies
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
'Not the end': Small US firms wary but hopeful on tariff upheaval
Small American businesses warned Friday that a tougher trade landscape was here to stay, as the Supreme Court's rejection of sweeping tariffs was quickly followed by President Donald Trump's pledge to impose new duties.
"It's certainly not the end of the difficult trade environment that we're trying to deal with," said Ben Knepler, co-founder of outdoor chair maker True Places.
He was forced to radically scale back his Pennsylvania-based business last year after Trump imposed new tariffs on virtually all trading partners.
The high court's decision on Friday that these country-specific tariffs were illegal brought limited comfort.
"Even with this ruling, there's too much uncertainty for us to be able to restart production for the US," he told AFP.
Knepler had shifted his supply chain out of China to Cambodia at heavy cost after Trump's trade war with Beijing during his first presidency.
But Trump's new 19-percent tariff on Cambodia imports last year forced him to halt manufacturing. He is now working on selling the remainder of his inventory rather than continuing production while he plans his next steps.
But he said: "It does give us a little bit of hope that at least there's some kind of check on what was previously unlimited power outside of Congress."
- 'Surgical approach' -
Josh Staph, chief executive of Ohio-based Duncan Toys Company, urged a "more surgical approach to tariffs" after Trump announced his plan to impose new and sweeping 10-percent duties on imports.
Duncan Toys has been producing yo-yos, flying discs and model gliders in China, and Washington's escalating tariffs with Beijing last year similarly forced him to pause imports.
He was "cautiously optimistic" over the Supreme Court ruling.
But he said he "knows the administration is committed to imposing these tariffs, despite their impact on US toy companies and consumers."
Boyd Stephenson, who runs retailer Game Kastle in Maryland, told AFP he was "very excited to hear that the tariffs have been struck down."
He believes the legal limits can do "wonderful things for the gaming and toy industry over the next year," but conceded "the devil's always in the details."
"It's very much a wait to see how the removal of the tariffs percolates through the supply chain," he added.
Meanwhile, the effects of Trump's incoming duties remain uncertain.
- 'A setback' -
Drew Greenblatt, president of Baltimore-based metal product manufacturer Marlin Steel, worries however that Friday's court ruling was "a setback" for the United States.
Greenblatt has been supportive of Trump's steel levies, which alongside other sector-specific tariffs were not impacted by the high court's decision.
But he expressed concern that the outcome would hamper Trump's ability to navigate and negotiate trade deals with an aim of boosting US manufacturing.
"Do you think if we get into an adversarial relationship with one of these trading entities, they're going to supply us ships?" he asked. "Do you think they're going to supply us critical materials?"
"The wider concern is we need a robust manufacturing industry," he told AFP.
Y.Ibrahim--CPN