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Today: April 04, 2025
Today: April 04, 2025

Economy

Business|Economy|Political|US

US farm, food groups largely critical of Trump tariffs

Groups representing U.S. farmers and food processors were mostly critical of President Donald Trump's announcement on Wednesday of sweeping tariffs on imports, which have

US farm, food groups largely critical of Trump tariffs
Business|Economy|Finance|MidEast|World

OPEC+ unexpectedly speeds up oil output hikes, oil drops

Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing

OPEC+ unexpectedly speeds up oil output hikes, oil drops
Business|Economy|Finance|Political|Stock Markets

TSX posts biggest decline in five years on US tariff shock

Canada's main index tumbled to a three-week low on Thursday, including steep declines for energy and technology shares, as the escalation of a U.S.-led trade war sparked

TSX posts biggest decline in five years on US tariff shock
Americas|Economy|Political|World

Mexico celebrates preferential treatment under USMCA after US tariffs announcement

Mexican President Claudia Sheinbaum on Thursday celebrated the preferential tariff treatment Mexico receives under the US-Mexico-Canada

Mexico celebrates preferential treatment under USMCA after US tariffs announcement
Business|Economy|Finance|Political|US

Crypto execs ask Congress to let stablecoins pay interest as bill set to advance

Some influential cryptocurrency executives are making a last-minute pitch to Congress to allow interest to be paid on U.S. dollar-pegged tokens as part of popular

Crypto execs ask Congress to let stablecoins pay interest as bill set to advance
Economy|Finance|Political|US

US senators seek to rein in Trump tariff authority

Two senior lawmakers on the Senate Finance Committee introduced legislation on Thursday seeking to rein in U.S.

US senators seek to rein in Trump tariff authority
Business|Economy|Finance|Political|Stock Markets|US

US tech, retail stocks lead rout after Trump's tariff blow

Megacap U.S. tech companies including Apple and retail giants Walmart and Nike led a global market meltdown as President Donald Trump's

US tech, retail stocks lead rout after Trump's tariff blow
Business|Economy|Political|US

Trump's tariffs roil company plans, threatening exports and investment

Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced

Trump's tariffs roil company plans, threatening exports and investment
Business|Economy|Europe|Fashion and Beauty|Finance|Sports

Struggling Puma names former Adidas sales chief as CEO

Sportswear brand Puma said on Thursday former Adidas sales chief Arthur Hoeld would take over as CEO, replacing Arne Freundt due to what the company called "differing views on

Struggling Puma names former Adidas sales chief as CEO
Business|Economy|Fashion and Beauty|Political|US

What Trump’s tariffs mean for fashion

What Trump’s tariffs mean for fashion

What Trump’s tariffs mean for fashion
Business|Economy|Europe|Finance

Irish Q1 underlying tax take up 9% ahead of expected Trump hit

Ireland collected 9% more tax year-on-year in the first quarter excluding one-off proceeds from a ruling on Apple back taxes, growth that was once again propelled by booming

Irish Q1 underlying tax take up 9% ahead of expected Trump hit
Asia|Business|Economy|Finance|Political|Stock Markets

Dollar sinks as investors grapple with tariff aftermath

The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, and the safe haven yen and Swiss franc, as investors grappled with how

Dollar sinks as investors grapple with tariff aftermath
Americas|Business|Economy|Europe

VW to build Amarok for South American market in Argentina from 2027

Volkswagen is launching a new version of its Amarok mid-size pick-up truck targeted at the South American market from 2027, the carmaker said on Thursday, in the latest example of

VW to build Amarok for South American market in Argentina from 2027
Business|Economy|Europe|Political|World

UK lists thousands of US goods which could face any retaliatory tariffs

Britain on Wednesday published a 400-page list of U.S. goods it could include in any possible retaliatory tariff response to President Donald Trump's levies on British imports, even

UK lists thousands of US goods which could face any retaliatory tariffs
Business|Economy|Political|US

US trade deficit narrows in February

The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on

US trade deficit narrows in February
Americas|Business|Economy|Finance|US

Castillo Hermanos strikes $1.5 billion deal to buy U.S. maker of SunnyD, sources say

Guatemalan conglomerate Castillo Hermanos is buying U.S.-based Harvest Hill, maker of beverages such as SunnyD, for around $1.5 billion, including debt,

Castillo Hermanos strikes $1.5 billion deal to buy U.S. maker of SunnyD, sources say
Americas|Business|Economy|Election|Political

Canada's services PMI tumbles to near 5-year low on tariff concerns

The downturn in Canada's services economy deepened in March as U.S. tariffs and the start of a general election campaign led to an increase in economic uncertainty

Canada's services PMI tumbles to near 5-year low on tariff concerns
Americas|Business|Economy|Europe|Food|US

Lavazza plans US expansion amid Brazil coffee tariff concerns

Italian coffee maker Lavazza plans to press ahead with expansion in the U.S. market, it said on Thursday, adding it would assess the potential impact of tariffs on its Brazilian

Lavazza plans US expansion amid Brazil coffee tariff concerns
Business|Economy|Europe|US

Steelmaker Aperam to seek potential exemptions from US tariffs

The Luxembourg-based steel group Aperam said on Thursday it would explore potential exemptions from announced U.S. tariffs, along with its U.S. customers.

Steelmaker Aperam to seek potential exemptions from US tariffs
Business|Economy|Europe|Stock Markets|US

Sneaker and apparel retailers blindsided by tariffs on Asian factory hubs

Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the United States after President Donald Trump imposed a raft of new tariffs on

Sneaker and apparel retailers blindsided by tariffs on Asian factory hubs
Business|Economy|Europe|Political|US

Spain unveils $15.7 billion plan to soften blow from US tariffs

Spain on Thursday was one of the few major economies to offer up a concrete solution to help weather the impact of new U.S. tariffs, offering its

Spain unveils $15.7 billion plan to soften blow from US tariffs
Business|Economy|Political|US

Countries need to allow in more US products to bring down tariffs, Lutnick says

The Trump administration is talking to all major trading partners throughout the world about ways to bring down President Donald Trump's new tariffs, Commerce

Countries need to allow in more US products to bring down tariffs, Lutnick says
Business|Economy|Political|US

US service sector growth nearly brakes in March

The U.S. services sector slowed to a nine-month low in March, backing expectations that economic growth likely braked sharply in the first quarter amid

US service sector growth nearly brakes in March
Business|Economy|Europe|Political|US

French cognac industry group calls for de-escalation of US, EU trade dispute

The European Union and the United States need to de-escalate their trade dispute and wine and spirits should be left untouched by both sides, said Florent Morillon, the president of

French cognac industry group calls for de-escalation of US, EU trade dispute
Business|Economy|Political|US

US economy slowing heading into tariffs turbulence

The U.S. services sector slowed to a nine-month low in March, backing expectations that economic growth likely stalled in the first quarter amid uncertainty

US economy slowing heading into tariffs turbulence
Africa|Business|Economy|Political|US|World

Steep US tariffs on Africa signal end of trade deal meant to boost development

The U.S. government's imposition of steep tariffs on African nations signals the end of the AGOA trade deal, an initiative

Steep US tariffs on Africa signal end of trade deal meant to boost development
Business|Economy|Finance|Political|Stock Markets|US

Gold eases after record high on knock-on effect of wider selloff

Gold prices trimmed losses on Thursday after falling over 2% from an all-time high, as a wider market selloff triggered by U.S.

Gold eases after record high on knock-on effect of wider selloff
Arts|Economy|Education|Political|US

Parents, teachers rally to save Cleveland school after recommendation to close it

Parents, teachers rally to save Cleveland school after recommendation to close it

Parents, teachers rally to save Cleveland school after recommendation to close it
Africa|Business|Economy|Political|US|World

The US-Africa trade programme under threat from Trump tariffs

President Donald Trump has moved to impose sweeping tariffs on most goods imported to the United States, including from African countries

The US-Africa trade programme under threat from Trump tariffs
Americas|Crime|Economy|Political

Once called the world's most popular politician, Brazil’s Lula faces plummeting approval

Brazil’s President Luiz Inácio Lula da Silva was once called the most popular politician on Earth by then-U.S. President Barack Obama

Once called the world's most popular politician, Brazil’s Lula faces plummeting approval
Australia|Economy|Political|US|World

Polar bear-inhabited islands affected by Trump tariffs

The Trump administration appears to be leaving no stone unturned with its sweeping tariffs around the globe, from rocky outcrops home to polar bears in the Arctic to tiny tropical islands to a former British penal colony

Polar bear-inhabited islands affected by Trump tariffs
Business|Economy|Finance|Food|Stock Markets|US

Slim Jim-maker Conagra Brands misses sales estimate on soft demand, supply constraints

Conagra Brands missed Wall Street expectations for third-quarter sales and profit on Thursday, hurt by softening demand for its snacks and supply-chain disruptions

Slim Jim-maker Conagra Brands misses sales estimate on soft demand, supply constraints
Business|Economy|Europe|Political|US

UK publishes list of goods for potential US tariff response

Britain on Thursday published a list of goods that could be included in any retaliatory tariff response to U.S.

UK publishes list of goods for potential US tariff response
Business|Economy|Europe|Finance|Stock Markets

Mining consolidation to speed up as Chinese demand growth slows

Joint ventures and asset sales are expected to accelerate in the mining industry, which is ripe for consolidation due to the slowdown in manufacturing and demand

Mining consolidation to speed up as Chinese demand growth slows
Business|Economy|Europe|Finance|Political

Tariff fears were centre stage at ECB's March meeting, accounts show

ECB policymakers were already counting the potential cost of U.S. tariffs long before their introduction, arguing they would weigh on growth but have a more uncertain impact on

Tariff fears were centre stage at ECB's March meeting, accounts show
Business|Economy|Political|US

For Trump, tariff gamble brings political risk

He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his

For Trump, tariff gamble brings political risk
Business|Economy|Europe|Political|US

ABB expects to pass on cost increases from new tariffs

Swiss engineering group ABB said on Thursday it is evaluating the implications of new import tariffs and expects to pass on higher costs that result from them.

ABB expects to pass on cost increases from new tariffs
Africa|Business|Economy|Political|US

Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says

A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S.

Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says
Business|Economy|Finance|Health|Political|Stock Markets|US

Pharma stocks survive market rout on tariff exemption, but uncertainty continues

Drugmaker stocks gained a temporary reprieve on Thursday as U.S.

Pharma stocks survive market rout on tariff exemption, but uncertainty continues
Business|Economy|Finance|Political|Stock Markets|US

Morgan Stanley expects no rate cuts from the Fed this year

Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.

Morgan Stanley expects no rate cuts from the Fed this year
Business|Economy|Election|Europe|Finance|Political|World

Former Putin challenger is declared bankrupt by Russian court

Russian opposition politician Boris Nadezhdin, who tried unsuccessfully to run against Vladimir Putin in a presidential election last year, was declared bankrupt by a Moscow court on

Former Putin challenger is declared bankrupt by Russian court
Business|Economy|Finance|Political|Stock Markets|US|World

Investors stunned by Trump tariffs prepare for global growth shock

Big investors reeling from the shock of U.S.

Investors stunned by Trump tariffs prepare for global growth shock
Business|Economy|Political|US

Executives, trade and labour associations on Trump's reciprocal tariffs

U.S.

Executives, trade and labour associations on Trump's reciprocal tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US

Fitch cuts China's foreign currency rating on rising debt, weakening finances

Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt.

Fitch cuts China's foreign currency rating on rising debt, weakening finances
Business|Economy|Health|US

Lowering the cost of insurance in Colorado – a new analysis of the Peak Health Alliance

A health insurance alliance proved to lower costs for individuals and employers.

Lowering the cost of insurance in Colorado – a new analysis of the Peak Health Alliance
Business|Economy|Environment|Political|US

From business exports to veteran care − here’s what some of the 35,000 federal workers in the Philadelphia region do

Over a dozen federal agencies have offices in the Philly area. Understanding what they do can highlight how mass layoffs and cutbacks might affect the region.

From business exports to veteran care − here’s what some of the 35,000 federal workers in the Philadelphia region do
Business|Economy|US

Fewer Americans file for jobless benefits last week as labor market continues to show strength

The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years

Fewer Americans file for jobless benefits last week as labor market continues to show strength
Business|Economy|Political|US

US announced job cuts surge in March on Doge hit, recruitment firm Challenger says

Layoffs announced by U.S. employers surged in March to the highest level since the pandemic recession as the government purged federal workers and contractors to slash spending.

US announced job cuts surge in March on Doge hit, recruitment firm Challenger says
Business|Economy|Europe|Finance|Political

Export-reliant central Europe weighs repercussions of Trump tariffs

Leaders in the Czech Republic and Poland signalled a readiness on Thursday to retaliate to new U.S. tariffs, while Hungary blamed Brussels

Export-reliant central Europe weighs repercussions of Trump tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US

Trump's trade policies triggered largest Asian equity outflows in at least 15 years in Q1

Foreign investors withdrew the largest amount of money from Asian equities in about 15 years in the quarter to March ahead of U.S.

Trump's trade policies triggered largest Asian equity outflows in at least 15 years in Q1
Business|Economy|Europe|Technology

Tesla's March sales dive in Germany, edge down in UK

Tesla sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on

Tesla's March sales dive in Germany, edge down in UK
Business|Economy|Europe|Finance|Political|Stock Markets|US

UK stocks tumble as Trump's tariffs stir economic growth fears

London shares plunged on Thursday, as investors avoided risky assets after U.S. President Donald Trump's reciprocal tariffs amplified global trade war and recession worries.

UK stocks tumble as Trump's tariffs stir economic growth fears
Business|Economy|Political|US|World

Russia, Cuba and North Korea escape worst of Trump's tariff wrath

While U.S.

Russia, Cuba and North Korea escape worst of Trump's tariff wrath
Business|Economy|Europe|Political|US|World

EU's tariff response should target Republican-led US states and tech firms, Austria says

The European Union's countermeasures in response to U.S.

EU's tariff response should target Republican-led US states and tech firms, Austria says
Business|Economy|Political|US

Executives, trade and labour associations on Trump's reciprocal tariffs

President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a

Executives, trade and labour associations on Trump's reciprocal tariffs
Americas|Business|Economy|Europe|Political

Trump's tariffs set to drive up bar bills and wipe out spirits jobs

U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs

Trump's tariffs set to drive up bar bills and wipe out spirits jobs
Business|Economy|Political|US

Brokerages raise risks for US recession after Trump's latest tariffs

Brokerages HSBC, Deutsche Bank and BofA warned on Thursday that the U.S. economy faces a higher risk of slipping into a recession this year if President Donald Trump's

Brokerages raise risks for US recession after Trump's latest tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US|World

China stocks, yuan tumble after bigger-than-expected Trump tariffs

China's yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S.

China stocks, yuan tumble after bigger-than-expected Trump tariffs
Business|Economy|Political|US|World

WTO chief will answer members' questions about US tariffs, document shows

The head of the World Trade Organization told member states on Thursday that it had received "many" questions about the impact of U.S.

WTO chief will answer members' questions about US tariffs, document shows
Business|Economy|Europe|World

Ukraine's corn could benefit from US tariffs, analyst says

Ukrainian corn, a key element in the country's grain sector, could benefit from the tariffs imposed by the U.S., as it is able to partially substitute for U.S. corn

Ukraine's corn could benefit from US tariffs, analyst says
Asia|Business|Economy|Fashion and Beauty|Political|US|World

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India

Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S.

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
Business|Economy|Political|US

This is the dubious way Trump calculated his ‘reciprocal’ tariffs

This is the dubious way Trump calculated his ‘reciprocal’ tariffs

This is the dubious way Trump calculated his ‘reciprocal’ tariffs
Business|Economy|Political|US

Auto tariff to cost US consumers more than $30 billion in first year, report shows

U.S.

Auto tariff to cost US consumers more than $30 billion in first year, report shows
Business|Economy|Europe|Political|US

Irish PM says too early to consider supporting businesses hit by tariffs

Irish Prime Minister Micheal Martin said on Thursday it was still too early to consider supporting businesses hit by President Donald Trump's import tariffs of 20% but that he

Irish PM says too early to consider supporting businesses hit by tariffs
Business|Economy|Political|US

DOGE drove layoff announcements to their third-highest-ever level in March

DOGE drove layoff announcements to their third-highest-ever level in March

DOGE drove layoff announcements to their third-highest-ever level in March
Asia|Business|Economy|Political|US

Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister

Singapore's trade minister said the wealthy financial hub was disappointed that the U.S. had imposed a 10% tariff on its exports despite it having a free-trade agreement and

Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister
Business|Economy|Europe

Italy ends antitrust probe into Otis after elevator maker agrees to pay $1.6 million

Italy's competition authority (AGCM) has closed its investigation into Otis, it said on Thursday, after the U.S. elevator maker said it would refund Italian customers to the tune of

Italy ends antitrust probe into Otis after elevator maker agrees to pay $1.6 million
Business|Economy|Finance|Stock Markets|US

U.S. crypto stocks slide as Trump's sweeping tariffs jolt markets

U.S. crypto stocks declined on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions,

U.S. crypto stocks slide as Trump's sweeping tariffs jolt markets
Business|Economy|Europe|Political

Spain's PM Sanchez unveils $15.66 billion plan to protect economy from U.S. tariffs

Spanish Prime Minister Pedro Sanchez said on Thursday his government will implement a 14.1 billion euro ($15.66 billion) plan, including 7.4 billion euros in new financing, to

Spain's PM Sanchez unveils $15.66 billion plan to protect economy from U.S. tariffs
Americas|Business|Economy|Europe|US

Spain's Acerinox says tariffs positive in principle, but wary of surplus flooding EU

Spanish steel maker Acerinox said on Thursday that the U.S. tariffs would have "in principle" positive effects on the company as the country is its main market and where its main

Spain's Acerinox says tariffs positive in principle, but wary of surplus flooding EU
Business|Economy|Finance|Stock Markets|US

Investors hunt for tariff-proof trades as new trade reality hits

Investors are looking at ways to ward off economic pain now tariffs are here, seeking assets that can ride out a recession and higher inflation

Investors hunt for tariff-proof trades as new trade reality hits
Business|Economy|Europe|Political|US|World

World leaders react to Trump's tariffs

U.S.

World leaders react to Trump's tariffs
Business|Economy|Political|US|World

Trump tariffs draw global promises of counter measures

Governments around the world pledged counter measures on the U.S. after President Donald Trump unveiled on Wednesday a new baseline 10% tariff on goods from all countries plus reciprocal

Trump tariffs draw global promises of counter measures
Business|Economy|Europe|Political|US

EU members to vote April 9 on countermeasures to U.S. tariffs, says senior EU official

European Union member states are set to vote on Wednesday April 9 on countermeasures to the United States' steel and aluminum tariffs, a senior EU official, said on Thursday.

EU members to vote April 9 on countermeasures to U.S. tariffs, says senior EU official
Business|Economy|Finance|Political|Stock Markets|US

Trepidation Day 

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets If you thought a global trade war was already

Trepidation Day 
Business|Economy|Europe|Finance|Stock Markets

'Tariff avoiders' among surprise bright spots dappling Europe markets

Shares of surprise tariff avoiders like pharmaceuticals and drinks firms and rate-sensitive stocks such as real estate were among the few to post gains

'Tariff avoiders' among surprise bright spots dappling Europe markets
Business|Economy|Finance|Political|Stock Markets|US|World

Trump's policies to spur further central bank gold buying

Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks

Trump's policies to spur further central bank gold buying
Business|Economy|Political|US

Every car is about to get more expensive. ‘It’s just math,’ former Ford CEO says

Every car is about to get more expensive. ‘It’s just math,’ former Ford CEO says

Every car is about to get more expensive. ‘It’s just math,’ former Ford CEO says
Business|Economy|Political|US|World

Trump tariffs bad for global economy and trade, Maersk says

Shipping company Maersk said on Thursday that the tariffs announced by U.S. President Donald Trump on Wednesday amount to bad news for the global economy and trade stability.

Trump tariffs bad for global economy and trade, Maersk says
Business|Economy|Europe|Finance|Political|Stock Markets|US

Deutsche Bank says risk of a dollar confidence crisis

Deutsche Bank warned on Thursday of the risk of a crisis of confidence in the U.S. dollar, saying major shifts in capital flow allocations could take over from currency fundamentals

Deutsche Bank says risk of a dollar confidence crisis
Business|Economy|Finance|Political|Stock Markets|US

Trump tariffs set stage for wave of profit warnings

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks.

Trump tariffs set stage for wave of profit warnings
Asia|Business|Economy

Thailand growth to be hit by US tariffs, finance minister says

Thailand's economic growth could be reduced by 1 percentage point due to the imposition of U.S. tariffs, the finance minister said on Thursday.To try to maintain exports, the

Thailand growth to be hit by US tariffs, finance minister says
Asia|Business|Economy|Political|US

India says studying impact of 27% US tariff, vows to push trade deal

India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade

India says studying impact of 27% US tariff, vows to push trade deal
Business|Economy|Europe|Political|World

Finland says all of Europe should engage with the US on tariffs

Finland's President Alexander Stubb said on Thursday that all of Europe should engage with the United States on the issue of trade tariffs.

Finland says all of Europe should engage with the US on tariffs
Business|Economy|Europe|Finance|MidEast

OPEC+ ministers seen sticking to further oil output hikes as planned, sources say

A meeting of eight top ministers of OPEC+ will likely keep oil output policy that calls for gradual oil output hikes from

OPEC+ ministers seen sticking to further oil output hikes as planned, sources say
Asia|Business|Economy|Political|World

Southeast Asian nations, among hardest-hit by Trump tariffs, seek talks

Southeast Asian nations reeled on Thursday as they were hit with some of President Donald Trump's heftiest tariffs, which now

Southeast Asian nations, among hardest-hit by Trump tariffs, seek talks
Business|Economy|Europe|Political|Technology

Retaliating against U.S. digital services not EU position, Ireland says

Targeting U.S. digital services in potential reciprocal trade measures is not the European Union's position and would be very damaging for Ireland, trade minister Simon Harris said

Retaliating against U.S. digital services not EU position, Ireland says
Business|Economy|Political|Travel|US

Canadians to Maine: No, thanks!

Canadian tourists make up about 30-40% of the revenue for many businesses in Old Orchard Beach, Maine. This year, many are choosing to skip their regular getaway, given President Trump’s antagonistic rhetoric towards Canada. The owner of the Point of View Inn tells CNN’s Randi Kaye he’s had so many cancellations that his business may not survive.

Canadians to Maine: No, thanks!
Business|Economy|Finance|MidEast|Political

US tariffs on Israel may hit medical equipment, diamonds, Israeli official says

Donald Trump's latest tariff announcement could impact Israel's exports of machinery and medical equipment, an Israeli finance ministry official said on Thursday,

US tariffs on Israel may hit medical equipment, diamonds, Israeli official says
Business|Economy|Europe|Finance|Political|Stock Markets

European shares slump as investors grapple with tariff fallout

European shares tumbled on Thursday, notching their biggest daily loss in eight months, on fears an escalating trade war would slam

European shares slump as investors grapple with tariff fallout
Business|Economy|Political|US|World

China urges US to immediately lift tariffs, vows retaliation

China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests,

China urges US to immediately lift tariffs, vows retaliation
Business|Economy|Europe|Finance|Political|Stock Markets|US|World

Trump's tariffs dull the dollar's safe-haven sheen

The dollar, one of the world's safest places to park money in times of turmoil, has been shunned by investors as an option for now as

Trump's tariffs dull the dollar's safe-haven sheen
Australia|Business|Economy|Political|Stock Markets

Traders seek refuge in Aussie consumer staples as US tariffs spark market fall

Shares of Australia's consumer staple companies rose on Thursday, driven by grocers Coles and Woolworths, as investors moved to safer bets after U.S.

Traders seek refuge in Aussie consumer staples as US tariffs spark market fall
Business|Economy|Europe|Political|World

Trump tariffs will harm U.S. economy even without Europeean response, says Germany's Scholz

The tariffs announced by U.S. President Donald Trump will put a strain on the United States' exports as well, said German Chancellor Olaf Scholz on Thursday.

Trump tariffs will harm U.S. economy even without Europeean response, says Germany's Scholz
Australia|Business|Economy|Political

Australian beef farmers say Trump tariffs to boost price of US hamburgers

At a cattle auction in Australia's lush Southern Highlands, an auctioneer shouts from a gantry over the din of nearly 2,000 cows

Australian beef farmers say Trump tariffs to boost price of US hamburgers
Asia|Business|Economy|Political|US

South Korea's acting president calls for talks with US over tariffs

South Korea's acting President Han Duck-soo called on Thursday for talks with U.S. officials to shield the export-reliant economy from the impact of U.S.

South Korea's acting president calls for talks with US over tariffs
Americas|Asia|Business|Economy

Global drinks maker Suntory aims to sell local to avoid tariffs, president says

Japanese drinks maker Suntory is looking to shift where it markets its spirits across the globe as it girds for a potential trade war, its new president said on

Global drinks maker Suntory aims to sell local to avoid tariffs, president says
Business|Economy|Europe|Political|US

Trump will buckle under pressure from Europe, says German economy minister

U.S. President Donald Trump will buckle under pressure from Germany and Europe in an escalating trade war, German Economy Minister Robert Habeck said on Thursday.

Trump will buckle under pressure from Europe, says German economy minister
Asia|Business|Economy|Finance|Political|Stock Markets

Trump’s hefty tariffs send stock markets falling

Trump’s hefty tariffs send stock markets falling

Trump’s hefty tariffs send stock markets falling
Business|Economy|Europe|Finance|Political|Stock Markets|US|World

JPMorgan downgrades emerging FX after Trump tariffs exceed worst-case scenario

Investment bank JPMorgan downgraded its recommendation for emerging currencies to "underweight" on Thursday after U.S. tariffs exceeded its worst-case scenario. U.S.

JPMorgan downgrades emerging FX after Trump tariffs exceed worst-case scenario
Americas|Business|Economy|Europe|Political|US

German industry expects severe hit from Trump tariffs

Far-reaching tariffs announced by the U.S. will deal a major blow to German industry, a major exporter to the world's top economy,

German industry expects severe hit from Trump tariffs
Asia|Business|Economy|Political|US

Trump's global tariffs hurt China with 'all-round blockade'

Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs.

Trump's global tariffs hurt China with 'all-round blockade'
Business|Economy|Europe|Fashion and Beauty|Stock Markets

Luxury, Swiss watchmaker shares take a hit from new U.S. tariffs

Shares in European luxury companies dropped on Thursday after U.S. President Donald Trump announced new tariffs, including on goods from the European Union and Switzerland.

Luxury, Swiss watchmaker shares take a hit from new U.S. tariffs
Africa|Business|Economy|Political|US

South Africa seeks new US trade deal after tariff hike, says presidency

South Africa's presidency said on Thursday that the new U.S. tariffs underscore the need to negotiate a new bilateral trade deal with Washington to ensure long-term trade

South Africa seeks new US trade deal after tariff hike, says presidency
Business|Economy|Europe

Billionaire Kretinsky secures regulatory approval for Royal Mail takeover bid

Czech billionaire Daniel Kretinsky's takeover of Royal Mail-owner International Distribution Services has cleared all regulatory conditions, his company EP Group said on Thursday.

Billionaire Kretinsky secures regulatory approval for Royal Mail takeover bid
Asia|Business|Economy|Political|World

Japan 'disappointed' in Trump tariffs, will support businesses

Japanese Prime Minister Shigeru Ishiba said on Thursday he was disappointed that his country did not win an exemption from President Donald

Japan 'disappointed' in Trump tariffs, will support businesses
Business|Economy|Europe|Food|US

Greek feta producers fret over exports after US tariffs

A small cooperative of 1,200 stock breeders producing feta, Greece's trademark white soft cheese, in the southern Peloponnese peninsula had one big

Greek feta producers fret over exports after US tariffs
Business|Economy|Europe

German services sector grows modestly in March, PMI shows

Germany's service sector maintained modest growth in March, extending its expansion streak to four months, though the pace slowed as new business continued to decline, S&P Global

German services sector grows modestly in March, PMI shows
Business|Economy|Europe

Euro zone economy saw only modest growth in March, PMI shows

The euro zone economy eked out modest growth for a third month in March as the bloc's manufacturing industry showed signs of recovery and its dominant services industry expanded at

Euro zone economy saw only modest growth in March, PMI shows
Business|Economy|Europe|Fashion and Beauty|Finance

Poland's LPP bets on rapid Sinsay expansion to boost sales

Poland's largest fashion retailer LPP is betting on rapid expansion of its budget brand Sinsay to double its annual revenue to 40 billion zlotys ($

Poland's LPP bets on rapid Sinsay expansion to boost sales
Business|Economy|Europe

DHL sees EBIT growth in mail and parcel division after 2030

German logistics group DHL expects earnings before interest and taxes (EBIT) in its Post & Parcel division only to return to growth after the completion of its

DHL sees EBIT growth in mail and parcel division after 2030
Business|Economy|Political|US|World

World leaders condemn Trump's tariffs, some pledge retaliation

Countries across the world, including some of America's closest allies, condemned President Donald Trump's announcement of reciprocal tariffs and some pledged counter-measures while hoping

World leaders condemn Trump's tariffs, some pledge retaliation
Asia|Business|Economy|Finance|Political|Stock Markets

Relatively lower tariff hit, slumping dollar helps rupee hold ground

The rupee closed modestly stronger on Thursday, aided by a broadly weaker dollar and inflows as markets grappled with the impact of sweeping U.S. reciprocal

Relatively lower tariff hit, slumping dollar helps rupee hold ground
Americas|Business|Economy|Finance|Political

Could Panama throw a new wrench into BlackRock's ports deal?

BlackRock could hit another roadblock in its attempt to secure control of two flagship ports near the Panama Canal once the Central American country

Could Panama throw a new wrench into BlackRock's ports deal?
Asia|Business|Economy|Finance

Japan's Mitsubishi may consider investing in Alaska LNG project, CEO says

Japanese trading house Mitsubishi Corp may consider investing in an LNG project in Alaska, though any decision will require careful review, Chief Executive Katsuya

Japan's Mitsubishi may consider investing in Alaska LNG project, CEO says
Asia|Business|Economy|US

With US tariffs, India's jewellery exports set for sharp decline

India's $32 billion gems and jewellery industry is bracing for a sharp fall in exports as hefty U.S. tariffs will impede overseas sales to its biggest market,

With US tariffs, India's jewellery exports set for sharp decline
Business|Economy|Political|US|World

An uninhabited island, a military base and a ‘desolate’ former whaling station. Trump’s tariffs include unlikely targets

An uninhabited island, a military base and a ‘desolate’ former whaling station. Trump’s tariffs include unlikely targets

An uninhabited island, a military base and a ‘desolate’ former whaling station. Trump’s tariffs include unlikely targets
Economy|Europe|Political|US|World

Norway seeks to negotiate with US over tariffs, PM says

Norway will seek to negotiate with the United States regarding the tariffs imposed by U.S.

Norway seeks to negotiate with US over tariffs, PM says
Business|Economy|Europe|Political|US

Swiss business group slams Trump tariffs as harmful and unjustified

Switzerland's main business lobby on Thursday rejected U.S. tariffs on Swiss imports as harmful and unjustified, as the country's government stressed the importance of respecting

Swiss business group slams Trump tariffs as harmful and unjustified
Economy|Europe|Finance|Political|Stock Markets

European stock futures fall over 2% after Trump's tariff announcement

European stock futures plunged on Thursday after U.S.

European stock futures fall over 2% after Trump's tariff announcement
Business|Economy|Political|US

Trump's tariffs stoke global trade war as China, EU hit back

President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much

Trump's tariffs stoke global trade war as China, EU hit back
Asia|Business|Economy|Entertainment|Technology

Nintendo Switch 2 to launch in June with $449.99 price tag

Nintendo said it will launch its Switch 2 gaming device on June 5, with the long-anticipated successor to its hit hybrid home-portable Switch retailing for $449.99.

Nintendo Switch 2 to launch in June with $449.99 price tag
Asia|Business|Economy|Political|US

Taiwan says US tariffs unreasonable, partly blames Trump policies for trade surplus

Taiwan said on Thursday that U.S. tariffs levied on the island were unreasonable and it would discuss them with Washington, partly blaming U.S. tech curbs on China

Taiwan says US tariffs unreasonable, partly blames Trump policies for trade surplus
Business|Economy|Europe|Political|US|World

Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’

Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’

Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’
Americas|Business|Economy|Europe|Finance|Political|Stock Markets|World

Seems investors really don't like tariffs

A look at the day ahead in European and global markets from Wayne Cole The jury is in, and it turns out investors really don't like a tariff-induced global trade war and likely recession - who knew?

Seems investors really don't like tariffs
Business|Economy|Europe|Political|World

France's Macron to convene sectors hit by U.S. tariffs - French presidency

French President Emmanuel Macron will convene all representatives of business sectors hit by the import tariffs announced Wednesday by U.S.

France's Macron to convene sectors hit by U.S. tariffs - French presidency
Asia|Economy|Political|US|World

China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates

China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates

China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates
Business|Economy|Europe|Political|World

EU plans countermeasures to new US tariffs, says EU chief

European Commission President Ursula von der Leyen described U.S.

EU plans countermeasures to new US tariffs, says EU chief
Asia|Business|Economy

IMF sees Japan sustainably hitting central bank's inflation target

Japan is showing signs of sustainably achieving the central bank's 2% inflation target with robust consumption and capital expenditure likely to underpin the economy,

IMF sees Japan sustainably hitting central bank's inflation target
Business|Economy|Political|US|World

How will Trump's reciprocal tariffs impact Indian exports?

India was slapped with a reciprocal tax by the United States on Wednesday, as President Donald Trump raised trade barriers on all goods entering America.

How will Trump's reciprocal tariffs impact Indian exports?
Business|Economy|Political|US

Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports

Volkswagen will introduce an "import fee" on vehicles affected by 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday.

Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports
Business|Economy|US

Stellantis to close Canada's Windsor plant for two weeks over Trump tariffs, union says

Carmaker Stellantis will close its assembly plant in Windsor, Ontario for two weeks, Canadian labour union Unifor said on Wednesday.

Stellantis to close Canada's Windsor plant for two weeks over Trump tariffs, union says
Business|Economy|Political|US

Auto tariffs are now in effect. What it means for America - and you

Auto tariffs are now in effect. What it means for America - and you

Auto tariffs are now in effect. What it means for America - and you
Australia|Business|Economy|Political|World

Australia says US tariffs 'not act of a friend' but rules out reciprocal move

Australian Prime Minister Anthony Albanese said on Thursday the decision by U.S.

Australia says US tariffs 'not act of a friend' but rules out reciprocal move
Asia|Business|Economy|Finance|Political|Stock Markets

Japan's Nikkei slumps to 8-month low on Trump tariff shock

Japan's Nikkei share average slumped to an eight-month low on Thursday after U.S.

Japan's Nikkei slumps to 8-month low on Trump tariff shock
Business|Economy|Finance|Political|US|World

Trump tariffs pile stress on ailing world economy

The latest round of U.S. trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from

Trump tariffs pile stress on ailing world economy
Business|Economy|Political|US

Trump signs order ending duty-free treatment for cheap shipments from China

U.S.

Trump signs order ending duty-free treatment for cheap shipments from China
Business|Economy|Environment|Political|US

Rare greenhouse gas law in Southern state could get pulled back by GOP legislators

North Carolina enacted a rare energy law in the South in 2021 that directed power plant emissions be sharply reduced

Rare greenhouse gas law in Southern state could get pulled back by GOP legislators
Economy|Political|US

Measuring the cost of extending Trump's tax cuts becomes a flashpoint in Congress

An obscure bookkeeping matter has become the latest flashpoint in Congress as Democrats accuse Republicans of violating Senate norms

Measuring the cost of extending Trump's tax cuts becomes a flashpoint in Congress
Americas|Crime|Economy|Political|World

Thousands of Haitians take to streets to protest surging gang violence

Thousands of Haitians took to the streets in Port-au-Prince on Wednesday to express their anger against armed gangs that control nearly all of the

Thousands of Haitians take to streets to protest surging gang violence
Asia|Business|Economy|Political

China's services activity rises to three-month high, Caixin PMI shows

China's services activity rose to three-month high in March, with both business activity and new orders picking up from February, a private sector survey showed on Thursday.

China's services activity rises to three-month high, Caixin PMI shows
Australia|Business|Economy|Finance|Stock Markets

Australia's Galan Lithium declines $150 million buyout bid for Argentine assets

Australia's Galan Lithium said on Thursday that it rejected an offer from Zhejiang Huayou Cobalt Co and Renault Group to acquire the lithium explorer's stake in its Argentine assets for $

Australia's Galan Lithium declines $150 million buyout bid for Argentine assets
Business|Economy|Finance|Political|Stock Markets|US

Stock futures plunge as investors digest Trump’s tariffs

Stock futures plunge as investors digest Trump’s tariffs

Stock futures plunge as investors digest Trump’s tariffs
Asia|Business|Economy

Japan services sector loses steam in March as confidence eases, PMI shows

Japan's service industry stagnated in March while broader private sector activity contracted at the fastest pace in more than two years, a business survey showed on Wednesday.

Japan services sector loses steam in March as confidence eases, PMI shows
Australia|Business|Economy|Finance|Political|Stock Markets|US

Australia central bank warns US tariff policies could threaten global growth

Australia's central bank warned on Thursday that U.S. trade policies could pose significant headwinds for the global economy, causing a sharp rise in risk aversion in

Australia central bank warns US tariff policies could threaten global growth
Business|Economy|US

Ford offers across-the-board discounts, jumping on recent tariff-induced sales bump

Ford Motor announced discounts across multiple models starting Thursday, leaning on its healthy inventory to offer customers thousands of dollars off

Ford offers across-the-board discounts, jumping on recent tariff-induced sales bump
Business|Economy|Political|US

Tariffs to cause 'short-term bumps,' Trump economic adviser tells Fox Business

U.S.

Tariffs to cause 'short-term bumps,' Trump economic adviser tells Fox Business
Asia|Business|Economy|US

Hyundai Motor says no plan for price hikes in US for now

Jose Munoz, co-CEO of Hyundai Motor, said on Thursday there were no plans to raise prices in the United States at this time in response to U.S. tariffs.

Hyundai Motor says no plan for price hikes in US for now
Business|Economy|Political|US

What's in Trump's sweeping new reciprocal tariff regime

U.S.

What's in Trump's sweeping new reciprocal tariff regime
Business|Economy|Election|Political|US

The Latest: Business leaders warn Trump tariffs will raise prices for US consumers

President Donald Trump has announced plans for sweeping tariffs

The Latest: Business leaders warn Trump tariffs will raise prices for US consumers
Business|Economy|Political|US

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
Economy|Political|US

Senate rebukes Trump’s tariffs as some Republicans vote to halt taxes on Canadian imports

The Senate has passed a resolution that would thwart President Donald Trump’s ability to impose tariffs on Canada

Senate rebukes Trump’s tariffs as some Republicans vote to halt taxes on Canadian imports
Business|Economy|Finance|Political|US

Key takeaways from Trump’s ‘Liberation Day’ tariffs

Key takeaways from Trump’s ‘Liberation Day’ tariffs

Key takeaways from Trump’s ‘Liberation Day’ tariffs
Business|Economy|Political|US

Oil imports exempted from Trump’s sweeping tariffs

Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.

Oil imports exempted from Trump’s sweeping tariffs
Business|Economy|Political|US

US tariff rate rockets to 22%, highest since 1910, Fitch economist says

The U.S. tariff rate on all imports has rocketed to 22% from just 2.5% in 2024 under the new global levies imposed by President Donald Trump, Fitch Ratings' U.S. economic research chief

US tariff rate rockets to 22%, highest since 1910, Fitch economist says
Americas|Business|Economy|Political|US

Brazil mulls 'all possible actions' as Congress lays framework for trade retaliation

Brazil said on Wednesday it is assessing all potential responses to the United States' 10% tariffs on imports from Latin America's largest economy, while its Congress approved a

Brazil mulls 'all possible actions' as Congress lays framework for trade retaliation
Business|Economy|Political|US

Fact check: Trump’s false claims about tariffs and trade

Fact check: Trump’s false claims about tariffs and trade

Fact check: Trump’s false claims about tariffs and trade
Economy|Political|US

Trump signs order that closes duty exemptions for cheap shipments from China

U.S.

Trump signs order that closes duty exemptions for cheap shipments from China
Economy|Political|US

US Senate passes bill aimed at stopping Trump tariffs on Canada

The U.S.

US Senate passes bill aimed at stopping Trump tariffs on Canada
Business|Economy|Political|US

Canada, Mexico not subject to new global rates as fentanyl tariff still in place

Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from

Canada, Mexico not subject to new global rates as fentanyl tariff still in place
Americas|Business|Economy|Europe|Political

French wine, spirits sales in US expected to fall 20% after tariff announcement

Sales of French wine and spirits are expected to slide at least 20% in the United States after U.S.

French wine, spirits sales in US expected to fall 20% after tariff announcement
Business|Economy|Political|Technology|US

Trump's auto tariffs to cover more than $460 billion of US vehicle, parts imports

U.S.

Trump's auto tariffs to cover more than $460 billion of US vehicle, parts imports
Economy|Political|US

Four Senate Republicans join with Democrats to rebuke Trump tariff policy in key vote

Four Senate Republicans join with Democrats to rebuke Trump tariff policy in key vote

Four Senate Republicans join with Democrats to rebuke Trump tariff policy in key vote
Business|Economy|Europe|Political|World

Switzerland flags importance of international law after tariff hit

The Swiss government on Wednesday underlined the importance of respecting international law after U.S.

Switzerland flags importance of international law after tariff hit
Americas|Business|Economy

Embraer delivers 30 aircraft in first quarter, up 20% year-on-year

Brazilian planemaker Embraer said on Wednesday it delivered 30 aircraft in the first quarter of 2025, a 20% increase from a year earlier.

Embraer delivers 30 aircraft in first quarter, up 20% year-on-year
Australia|Business|Economy|Finance

Australian regulator increases ANZ's capital add-on, criticises bank's risk culture

Australia's bank regulator again increased the cash ANZ Group must hold in reserve, as it criticised on Thursday what it said was the lender's failure to address wide-

Australian regulator increases ANZ's capital add-on, criticises bank's risk culture
Business|Economy|Political|US

Answering your questions about President Trump's vast new tariffs

After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States

Answering your questions about President Trump's vast new tariffs
Business|Economy|Health|Political|US

FTC puts hold on insulin lawsuit against drug middlemen

The Federal Trade Commission put on hold a lawsuit against pharmacy-benefit manager (PBM) units of UnitedHealth, Cigna and CVS Health over insulin prices after the Trump administration

FTC puts hold on insulin lawsuit against drug middlemen
Business|Economy|Political|US

Trump unveils global reciprocal tariffs

President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House.

Trump unveils global reciprocal tariffs
Asia|Business|Economy|Political|US|World

Counting the potential toll of Trump's tariffs on major Asian economies

Export manufacturing and free trade helped transform China and other Asian countries into economic powerhouses

Counting the potential toll of Trump's tariffs on major Asian economies
Economy|Political|US

Senate GOP unveils new budget blueprint and braces for another vote-a-rama

Senate GOP unveils new budget blueprint and braces for another vote-a-rama

Senate GOP unveils new budget blueprint and braces for another vote-a-rama
Asia|Business|Economy|Finance|Political|Stock Markets|US

A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday

U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partners, an action that could drastically remake the global economy

A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday
Business|Economy|Political|US

What to know about Trump's announcement that could shake the world economy

President Donald Trump is set to announce the details of his tariff plan at 4 p.m. ET, as he aims to redraw economic agreements with US trading partners. CNN's Alayna Treene reports from the White House.

What to know about Trump's announcement that could shake the world economy
Business|Economy|Finance|Political|Stock Markets|US

Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs

Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the policy rate by October, as U.S.

Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs

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