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Today: April 03, 2025
Today: April 03, 2025

US Tariffs

Business|Economy|Europe|Political|US

EU trade chief meets with Trump officials to try to head off 'harmful' tariffs

The European Union's trade commissioner Maros Sefcovic met with U.S.

EU trade chief meets with Trump officials to try to head off 'harmful' tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stocks edge higher, US dollar slips as tariff uncertainty weighs

Global stocks were slightly higher on Tuesday, after a sharp rally in the prior session on hopes that U.S.

Stocks edge higher, US dollar slips as tariff uncertainty weighs
Asia|Business|Economy|Finance|Stock Markets

Southeast Asian stocks feel the heat from economic, U.S. tariff worries

Foreign investors have soured on Southeast Asian markets as the rising threat of U.S. tariffs, worries over domestic growth and a surge in

Southeast Asian stocks feel the heat from economic, U.S. tariff worries
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Relief rally starts to fizzle

A look at the day ahead in European and global markets from Ankur Banerjee The prospect of narrower-than-feared U.S. tariffs rekindled some investor optimism in recent days but the relief rally in

Relief rally starts to fizzle
Business|Economy|Europe|Finance|Stock Markets

European shares end flat amid investor caution over tariff uncertainties

European shares ended flat on Monday as caution prevailed, even as hopes grew that U.S.

European shares end flat amid investor caution over tariff uncertainties
Business|Economy|Europe|Political|US|World

EU trade commissioner to meet U.S. Commerce Secretary Lutnick on Tuesday

The European Commissioner for trade, Maros Sefcovic, is heading to Washington to meet U.S. Commerce Secretary Howard Lutnick on Tuesday, a Commission spokesperson said on Monday.

EU trade commissioner to meet U.S. Commerce Secretary Lutnick on Tuesday
Asia|Business|Economy

BOJ's message: Food inflation can't be ignored even as Trump tariffs raise risks

The Bank of Japan's meeting last week passed with no surprises, but for a careful BOJ watcher its message on the need to remain vigilant on food-driven inflationary

BOJ's message: Food inflation can't be ignored even as Trump tariffs raise risks
Asia|Business|Economy|Political

Chinese premier warns of 'rising instability' at key business forum

Chinese Premier Li Qiang urged countries to open their markets to combat "rising instability and uncertainty" at a business forum in Beijing on Sunday, as China

Chinese premier warns of 'rising instability' at key business forum
Americas|Business|Economy|Political

Canada aims for free internal trade that can offset any US tariffs, Carney says

Prime Minister Mark Carney on Friday said Canada could offset the effects of any U.S. tariffs by removing internal trade barriers and that he aimed for free trade within the country

Canada aims for free internal trade that can offset any US tariffs, Carney says
Asia|Business|Economy|Finance|Stock Markets

Wall St ends higher, dollar rises as Trump signals tariff respite

Wall Street edged higher and the dollar gained ground on Friday after U.S.

Wall St ends higher, dollar rises as Trump signals tariff respite
Business|Economy|Europe|Political|World

EU leaders vow to continue backing Ukraine, but make no concrete pledge

European Union leaders said on Thursday that they will continue to support Ukraine, but they did not immediately endorse a call by

EU leaders vow to continue backing Ukraine, but make no concrete pledge
Business|Economy|Finance|Political|US

Bank of Canada could change tack, give range of projections

Uncertainty over the impact of U.S. tariffs means the Bank of Canada could give a range of economic estimates rather than a single forecast

Bank of Canada could change tack, give range of projections
Business|Economy|Europe

Lamborghini sees tariff threat to US volumes after strong 2024 results

Potential U.S. tariffs on European-made products could hit revenue at Lamborghini, its CEO said, as the sports carmaker posted strong results for last year, despite a contraction in

Lamborghini sees tariff threat to US volumes after strong 2024 results
Asia|Business|Economy|Food|World

China ends two-year ban on Argentina poultry imports

China has lifted a two-year ban on poultry imports from Argentina, reopening a key supply channel amid a tit-for-tat trade war with the United States that has led to steep tariffs

China ends two-year ban on Argentina poultry imports
Asia|Business|Economy|Finance|Political|US

BOJ Governor Ueda's comments at news conference

The Bank of Japan held interest rates steady on Wednesday, as expected, as policymakers opted to spend more time gauging the impact of potential higher U.S. tariffs on the export-dependent

BOJ Governor Ueda's comments at news conference
Asia|Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil prices ease as Ukraine peace talks offset Mideast instability worries

Oil prices eased about 1% on Tuesday as U.S.

Oil prices ease as Ukraine peace talks offset Mideast instability worries
Asia|Business|Economy

Costco is pressuring suppliers in mainland China to cut prices, FT reports

Costco Wholesale is pressuring mainland China suppliers to cut prices in response to U.S. tariffs, The Financial Times reported on Tuesday, citing two suppliers.

Costco is pressuring suppliers in mainland China to cut prices, FT reports
Americas|Business|Economy|Political|World

US will be hit by 'high tariffs' from other countries, China's Global Times warns

U.S. tariffs will inflict significant harm on the U.S. economy as other countries hit back with "high tariffs" on American goods, Chinese state media warned, leaving the door open

US will be hit by 'high tariffs' from other countries, China's Global Times warns
Business|Economy|Europe|Political|US

UK cabinet minister heads to Washington for trade, economy talks

Britain's business and trade secretary Jonathan Reynolds travels to Washington on Tuesday to meet his U.S. counterparts in the hope of strengthening economic ties, as President Donald

UK cabinet minister heads to Washington for trade, economy talks
Business|Economy|Europe|Political

EU to look at import limits for aluminium sector, draft document shows

Concerns that the Trump administration’s metals tariffs could divert a wave of aluminium to Europe have prompted the European Commission to consider possible curbs

EU to look at import limits for aluminium sector, draft document shows
Business|Economy|Finance|Stock Markets|US|World

Gold pops above $3,000/oz for first time in historic safe-haven rally

Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a historic rally in the safe-haven asset to seek cover from economic

Gold pops above $3,000/oz for first time in historic safe-haven rally
Business|Economy|Finance|Political|World

Oil rebounds 1% to end week steady amid prospect of Ukraine ceasefire

Oil prices rebounded by 1% on Friday to end the week nearly unchanged as investors weighed the diminishing prospects of a quick end to the Ukraine war that could

Oil rebounds 1% to end week steady amid prospect of Ukraine ceasefire
Business|Economy|Europe|Finance|Stock Markets

Global equity funds see declining demand on esclating trade tensions

Global equity funds saw weaker demand in the week through March 12, amid a global stock sell-off driven by concerns over U.S. tariffs and its escalating trade wars.

Global equity funds see declining demand on esclating trade tensions
Americas|Economy|Political|US

Meeting with Lutnick on tariffs was constructive, Canadian ministers say

Canadian ministers emerged from a lengthy, high-level meeting between Canada and the United States on Thursday without immediate relief from U.S. tariffs on Canadian imports,

Meeting with Lutnick on tariffs was constructive, Canadian ministers say
Business|Economy|Europe|Political|US

French minister says EU can go further in response to US tariffs

France's European Affairs Minister, Benjamin Haddad, said on Wednesday the European Union could go further in its response to U.S. tariffs, though a trade war was in no-one's interest

French minister says EU can go further in response to US tariffs
Business|Economy|Europe|Political|World

Germany could suffer recession on U.S. tariffs, Bundesbank chief says

Europe was right to respond to U.S. tariffs but a trade war is a negative for all sides involved and could push Germany, the bloc's biggest economy, into recession this year,

Germany could suffer recession on U.S. tariffs, Bundesbank chief says
Asia|Business|Economy|Finance|Political|US|World

Global trade to grow despite US tariff policies, says DHL Group CEO

Global trade is forecast to grow, albeit less robustly, as the world reacts to U.S.

Global trade to grow despite US tariff policies, says DHL Group CEO
Economy|Finance|MidEast|Stock Markets

Gulf markets end mixed on Ukraine ceasefire hopes, tariff fears

Stock markets in the Gulf ended mixed on Wednesday, buoyed by Ukraine's readiness to support a proposal for a 30-day ceasefire with Russia, but investor optimism was

Gulf markets end mixed on Ukraine ceasefire hopes, tariff fears
Asia|Crime|Health|Political|World

China says US has undermined fentanyl cooperation by imposing tariffs

China said on Wednesday that the U.S. has undermined bilateral counter-narcotics cooperation by imposing tariffs on Chinese goods over fentanyl, calling on

China says US has undermined fentanyl cooperation by imposing tariffs
Business|Economy|Political|US

Trump's tariffs on steel, aluminum to raise costs for US energy firms, experts say

U.S. tariffs on steel and aluminum imports are poised to escalate costs for the oilfield service companies behind North America's vast energy industry, as their

Trump's tariffs on steel, aluminum to raise costs for US energy firms, experts say
Australia|Business|Economy|Political|US|World

Australia rules out reciprocal move on US after Trump proceeds with steel tariffs

Australia will not impose reciprocal tariffs on the United States, Prime Minister Anthony Albanese said on Wednesday, after President Donald Trump ruled out exemptions

Australia rules out reciprocal move on US after Trump proceeds with steel tariffs
Asia|Business|Economy|Finance|Stock Markets|US

Euro jumps to five-month high on hopes for Ukraine ceasefire; Canadian dollar rebounds after Trump tariffs

The euro hit a five-month high on Tuesday after Ukraine agreed to a 30-day ceasefire proposal, while the dollar rose to a one-week high before

Euro jumps to five-month high on hopes for Ukraine ceasefire; Canadian dollar rebounds after Trump tariffs
Business|Economy|Finance|Political|Stock Markets|US

Oil settles slightly up on weaker dollar, US economic fears cap gains

Oil prices settled slightly higher on Tuesday, helped by weakness in the dollar, but gains were capped by mounting fears of a U.S. economic

Oil settles slightly up on weaker dollar, US economic fears cap gains
Business|Economy|Finance|MidEast|Stock Markets

Most Gulf markets in red on US slowdown worries

Most stock markets in the Gulf ended lower on Tuesday due to fears of a U.S. economic downturn amid escalating trade tensions, although the stocks trimmed some of their

Most Gulf markets in red on US slowdown worries
Business|Economy|Europe|Political|US|World

What challenges face the EU in first round of Trump tariffs?

The European Union is bracing for its first round of U.S. tariffs on Wednesday, 25% tariffs on aluminium and steel imports, affecting more EU imports in value

What challenges face the EU in first round of Trump tariffs?
Asia|Business|Economy|Finance|Political|US|World

Oil settles down 1.5% as tariffs prompt fears of slow demand

Oil prices were down 1% on Monday on fears that U.S. tariffs on Canada, Mexico and China would slow economies around the world and slash

Oil settles down 1.5% as tariffs prompt fears of slow demand
Business|Economy|Europe|Finance|Stock Markets

Tariff fears drag FTSE 100 to more than one-month low

The British benchmark index fell to a near five-week low on Monday, tracking a global equity selloff as worries about economic growth and uncertainties around U.S. tariffs continued to keep

Tariff fears drag FTSE 100 to more than one-month low
Business|Europe|Finance|Stock Markets

European shares kick start the week flat amid US tariff fears

European shares were flat on Monday as investors took a breather after a week of high volatility due

European shares kick start the week flat amid US tariff fears
Americas|Business|Economy|Political|US

VW's Traton sees no significant impact from U.S. tariffs

Traton does not see a significant impact from U.S. tariffs on imports from Mexico in the short term, Volkswagen's truck unit said during a post-earnings call on Monday.

VW's Traton sees no significant impact from U.S. tariffs
Asia|Economy|Finance|Political|Stock Markets

Japanese investors boost bond holdings, sell foreign stocks in February

Japanese investors increased bond purchases in February due to a fall in yields overseas, but retreated from foreign equities on concerns over U.S.

Japanese investors boost bond holdings, sell foreign stocks in February
Business|Economy|Finance|Political|US

Recession risks rise for all three North American economies over US tariff chaos

Risks to the Mexican, Canadian and American economies are piling up amid a chaotic implementation of U.S. tariffs that has created deep

Recession risks rise for all three North American economies over US tariff chaos
Business|Economy|Finance|MidEast|Stock Markets

Major Gulf markets ease on global trade war concerns

Major stock markets in the Gulf fell in early trade on Monday as U.S. import tariffs sparked concerns over global economic growth, causing investors to shy away from

Major Gulf markets ease on global trade war concerns
Business|Economy|Political|Technology|US

US to hold hearing on China's efforts to boost semiconductor industry

The U.S.

US to hold hearing on China's efforts to boost semiconductor industry
Business|Economy|Finance|Political|Stock Markets|US

Wall St turns to jobs picture 

Morning Bid U.S.

Wall St turns to jobs picture 
Asia|Business|Economy|Political

China's imports tumble as demand skids, trade war heats up

China's imports unexpectedly shrank over the January-February period, while exports lost momentum, as escalating tariff pressures from the United States cast a shadow

China's imports tumble as demand skids, trade war heats up
Americas|Business|Economy|Finance|Political

Canada's January trade surplus at 32-month high as firms stockpile on tariff threat

Canada's trade surplus in January exceeded expectations by a wide margin posting a 32-month record as fears of tariffs from the U.S. pushed exports of cars and

Canada's January trade surplus at 32-month high as firms stockpile on tariff threat
Business|Economy|Finance|Political|World

IMF says US tariffs will hurt Mexican, Canadian economies

If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on those countries, the International Monetary Fund said on

IMF says US tariffs will hurt Mexican, Canadian economies
Business|Economy|Finance|Political|US

Oil steadies in choppy trading on tariff uncertainty, OPEC+ hike plans

Oil settled largely unchanged in choppy trade on Thursday, with global benchmark Brent closing below $70 a barrel under pressure from tariffs between the U.S.,

Oil steadies in choppy trading on tariff uncertainty, OPEC+ hike plans
Asia|Business|Economy|Finance|Political|Stock Markets

Investors stay bearish on Asian currencies as trade war intensifies: Reuters poll

Investors maintained their short bets on most Asian currencies as they assessed the prospects of an escalating global trade war after U.S.

Investors stay bearish on Asian currencies as trade war intensifies: Reuters poll
Asia|Business|Economy|Political|Technology

Malaysia discussing response to U.S. chip tariffs with companies, minister says

Malaysia is discussing with chip companies based in the country whether they can absorb the impact of potential U.S. tariffs on semiconductors, its trade

Malaysia discussing response to U.S. chip tariffs with companies, minister says
Business|Economy|Political|US|World

Canada open to reduce its tariff retaliation if US offers more exemptions, source says

Canada is willing to reduce its retaliation to U.S. tariffs if the Trump administration drops some of the tariffs it has imposed, a Canadian government source said on Wednesday.

Canada open to reduce its tariff retaliation if US offers more exemptions, source says
Americas|Business|Economy|Political|World

Canada muses about oil and gas exports as lever in tariffs dispute, also mentions potash

Canada could potentially use oil and gas exports as a lever in negotiations if U.S. tariffs on Canadian imports escalate, Foreign Minister Melanie Joly told a Toronto business

Canada muses about oil and gas exports as lever in tariffs dispute, also mentions potash
Americas|Business|Economy|Finance|Political|Stock Markets

Latam markets jump on hopes of US tariff relief after Trump floats exemptions

Latin American markets soared on Wednesday, with Mexico's peso regaining more of its tariff-driven losses as investors hoped for some relief from U.S.

Latam markets jump on hopes of US tariff relief after Trump floats exemptions
Business|Economy|Europe|Stock Markets

UK stocks stabilise after sell-off, eyes on US tariff moves

British shares stabilised on Wednesday after a sell-off in the previous session, as investors looked for any possible reprieve from U.S. tariffs.

UK stocks stabilise after sell-off, eyes on US tariff moves
Business|Economy|Europe

Campari pauses M&A to focus on brand growth amid US tariffs

Italian spirits group Campari plans to put the brakes on M&A and focus on developing its most promising brands as it faces a hit from U.S. tariffs, its new chief

Campari pauses M&A to focus on brand growth amid US tariffs
Business|Economy|Finance|MidEast|Stock Markets

Most Gulf markets fall on trade war fears

Most stock markets in the Gulf ended lower on Wednesday after the latest round of U.S. tariffs and countermeasures from Canada and China fuelled global trade war concerns.

Most Gulf markets fall on trade war fears
Business|Economy|Political|US|World

China targets US soybeans, lumber in stepped-up response to Trump tariffs

China suspended on Tuesday the soybean import licences of three U.S. firms and halted imports of U.S. logs, stepping up its retaliation for additional

China targets US soybeans, lumber in stepped-up response to Trump tariffs
Americas|Asia|Business|Finance|Political|Stock Markets

Stocks fall on Trump tariffs; euro gains as Germany invests

Major stock indexes fell on Tuesday as the United States hit Canada, Mexico and China with steep tariffs, while the euro climbed to a three-month peak

Stocks fall on Trump tariffs; euro gains as Germany invests
Americas|Business|Economy|Europe|Political

Campari warns of tariffs impact, sees 2025 as "transition year"

Italian spirits group Campari warned on Tuesday of the potential hit from U.S. tariffs in what it said would be a "transitional year" under its new chief executive.

Campari warns of tariffs impact, sees 2025 as "transition year"
Business|Economy|Europe|Food|Political|US

Italy farm lobby worried about U.S. tariffs' impact on Prosecco and Parma ham

U.S. tariffs on European Union food products would cause "billion of dollars of damage" for Italy's prized agricultural exports including Parma ham and Prosecco wine, an Italian

Italy farm lobby worried about U.S. tariffs' impact on Prosecco and Parma ham
Asia|Business|Economy|Political|World

India's exports face pressure from US, EU trade policies, govt official says

Indian exports are facing mounting pressure from aggressive trade policies by partners such as the United States and the European Union, a senior trade ministry

India's exports face pressure from US, EU trade policies, govt official says
Asia|Business|Political|Science|Technology|World

China bans imports of Illumina's gene sequencers right after Trump tariff action

China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina, just minutes after U.S.

China bans imports of Illumina's gene sequencers right after Trump tariff action
Asia|Business|Economy|Finance|Stock Markets|US

China's yuan pares some gains after US tariffs kick in

China's yuan pared some earlier gains against the dollar on Tuesday after fresh U.S. tariffs on Chinese goods kicked in, heightening trade tensions and threatening to put more

China's yuan pares some gains after US tariffs kick in
Asia|Business|Economy|Political|World

South Korea acting president calls for unity to respond to U.S. trade war

South Korea's Acting President Choi Sang-mok said on Tuesday that the government, parliament and the private sector should be united to respond to the U.S. "trade war".

South Korea acting president calls for unity to respond to U.S. trade war
Asia|Australia|Economy|Finance|Political|Stock Markets|US

Stocks drop as Trump says tariffs start Tuesday; euro gains

U.S. stocks ended down sharply Monday, with the S&P 500 posting its biggest daily percentage drop since December 18 after U.S.

Stocks drop as Trump says tariffs start Tuesday; euro gains
Asia|Business|Economy|Finance|World

Oil prices fall 2% to 12-week low with OPEC+ set to increase output

Oil prices fell about 2% to a 12-week low on Monday on reports OPEC+ will proceed with a planned oil output increase in April and worries U.S. tariffs could hurt

Oil prices fall 2% to 12-week low with OPEC+ set to increase output
Asia|Business|Economy|Political|US|World

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

Chinese manufacturers reported stronger orders in February as importers rushed to beat higher U.S. tariffs

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
Asia|Business|Economy|Finance|Political|Stock Markets

Iron ore at more than 6-week low on mounting US tariff tensions

Iron ore futures fell for a sixth straight session on Monday amid rising trade tensions between the U.S. and top consumer China, outweighing upbeat Chinese

Iron ore at more than 6-week low on mounting US tariff tensions
Asia|Business|Economy|Political|World

China targets US agriculture over Trump tariff threat, Global Times says

China has American agricultural exports in its cross hairs as it prepares countermeasures against fresh U.S. import tariffs, China's state-

China targets US agriculture over Trump tariff threat, Global Times says
Asia|Business|Economy|Finance|Political

Oil falls on White House spat, tariffs, Iraq exports

Oil prices fell on Friday and were headed for their first monthly drop since November, as markets watched an Oval Office argument between the U.S. and Ukrainian

Oil falls on White House spat, tariffs, Iraq exports
Business|Economy|Food|Political|US

Beef prices may rise as Canadian ranchers shrink cattle herds, fearing Trump tariffs

Canadian farmer Jon Vaags quit buying beef cattle in November after the election of U.S.

Beef prices may rise as Canadian ranchers shrink cattle herds, fearing Trump tariffs
Americas|Economy|Election|Health|Political

Progressive Conservative party wins Ontario election, CBC reports

Ontario's Progressive Conservative Party swept to victory and clinched a rare third consecutive majority, according to a Canadian Broadcasting Corporation

Progressive Conservative party wins Ontario election, CBC reports
Asia|Business|Economy|Finance|Political|Stock Markets

Tariffs, tech fatigue rev up month-end turbulence

A look at the day ahead in Asian markets. 

Tariffs, tech fatigue rev up month-end turbulence
Americas|Business|Economy|Finance|Political

Alberta projects C$5.2-billion budget deficit if Trump tariffs proceed

Canada's oil-producing province of Alberta on Thursday forecast a budget deficit of C$5.2 billion ($3.5 billion) for the 2025/26 fiscal year if U.S. tariffs

Alberta projects C$5.2-billion budget deficit if Trump tariffs proceed

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