David Thompson, Author at Sun news miami

Toyota, world’s biggest carmaker, warns of unprecedented .5 billion profit hit from tariffs

The automotive industry faces substantial challenges as trade policies reshape the competitive landscape, with Toyota Motor Corporation projecting a $9.5 billion reduction in annual profits due to recently implemented tariffs.…

Here’s what could get more expensive from Trump’s massive tariff hikes

Investments and Business

Key products set to get more expensive after Trump’s massive tariff hikes

David Thompson

The recent implementation of substantial tariff increases by the U.S. government is expected to impact consumer prices across multiple sectors of the economy. These trade policy changes, representing the most…

Wall Street gains as oil ends lower in volatile trade

Investments and Business

Wall Street sees gains with oil ending down in turbulent trade

David Thompson

Major U.S. stock indices posted modest gains Wednesday as investors navigated a day of market volatility marked by falling energy prices and shifting economic outlooks. The Dow Jones Industrial Average…

France's biggest wildfire of the summer has eclipsed the size of Paris and is still spreading

International

Wildfire in France this summer now exceeds Paris in area and is still spreading

David Thompson

An unprecedented wildfire raging through France's Mediterranean region has now consumed more land area than the entire city of Paris, with firefighters struggling to contain the rapidly expanding blaze. The…

India has 20 days to avoid 50% Trump tariffs - what are its options?

Economy

Can India avoid 50% Trump tariffs in 20 days – what options remain?

David Thompson

With merely three weeks left until the possibility of 50% tariffs being imposed on significant Indian exports to the United States, decision-makers in New Delhi are considering their strategic alternatives…

Israel's Netanyahu expected to push for plan to 'occupy' Gaza

International

Netanyahu plans to urge Gaza occupation strategy

David Thompson

Recent governmental activities indicate that Israeli authorities might be considering a long-term security plan in Gaza after the ongoing conflict. The current administration of Prime Minister Benjamin Netanyahu seems to…

High whey protein prices take chunk out of THG profits

Economy

THG profits hit by soaring whey protein prices

David Thompson

The Hut Group (THG), a well-known e-commerce company from the UK famous for its health, beauty, and nutrition brands, has experienced a drop in profits partly because of the ongoing…

Chinese nationals charged with exporting Nvidia AI chips to China

Economy

Chinese nationals implicated in Nvidia AI chip exports to China

David Thompson

A group of Chinese nationals has been formally indicted in the United States over allegations of illegally exporting high-performance Nvidia AI chips to China, raising concerns over technology transfer, national…

Trump hits India with extra 25% tariff for buying Russian oil

Economy

Trump imposes extra 25% tariff on India over Russian oil purchases

David Thompson

Former U.S. President Donald Trump has announced a new 25% tariff on Indian goods in response to the country’s ongoing purchase of oil from Russia, a move that has reignited…

UK to start returning some migrants to France within days under new deal

International

UK to begin sending migrants back to France in days under new agreement

David Thompson

El Reino Unido está preparado para comenzar a devolver algunos migrantes a Francia en cuestión de días, tras la puesta en marcha de un convenio recién negociado que busca abordar…