China’s exports grew slower than expected in the first two months of the year, official data showed Friday, as a deepening trade war with the United States piles on economic malaise.Over a month into his second term as US president, Donald Trump has slapped sweeping tariffs on the export-dependent nation, citing Beijing’s failure to stem …
China’s exports start year slow as US trade war intensifies Read More »
Asian stocks tumbled at the open Friday following a tough day on Wall Street as uncertainty over US President Donald Trump’s trade policies roiled markets and traders awaited key US jobs data.Bitcoin plunged 5.7 percent after Trump signed an executive order to establish a “Strategic Bitcoin Reserve” without planning any public purchases of the cryptocurrency.The …
Asian stocks, bitcoin down as trade uncertainty roils markets Read More »
China’s retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump’s voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal, analysts say.Since taking office in January, Trump has unleashed a storm of tariffs against friends and foes alike, this week …
China tariffs aimed at Trump fan base but leave wiggle room Read More »
US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico, leading Ottawa to halt an upcoming wave of countermeasures — offering a reprieve to companies and consumers after blowback on financial markets.Stock markets tumbled after Trump’s duties of up to 25 percent took effect Tuesday, as economists warned that blanket levies could …
Trump backs off Mexico, Canada tariffs after market blowback Read More »
US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico, leading Ottawa to halt an upcoming wave of countermeasures — offering a reprieve to companies and consumers after blowback on financial markets.Stock markets tumbled after Trump’s duties of up to 25 percent took effect Tuesday, as economists warned that blanket levies could …
Trump backs off Mexico, Canada tariffs after market blowback Read More »
Troubled Australian casino operator Star Entertainment said Friday it is trying to sell its stake in a major resort to raise desperately needed cash.Shares in the group, which employs more than 8,000 people, have been suspended from trading since March 3 after it failed to post half-year financial results citing liquidity woes.Star Entertainment is considered …
Australian casino firm scrambles for cash to survive Read More »
Wall Street stocks resumed their downward slide on Thursday amid uncertainty over US President Donald Trump’s shifting trade policy, while European bourses advanced following an ECB interest rate cut.Major US indices spent the entire day in the red, shrugging off Trump’s moves to soften tariff actions.Trump on Thursday unveiled a temporary rollback to steep tariffs …
US and European stocks gyrate on tariffs and growth Read More »
After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.The “Big Three” automakers — Ford, General Motors and Chrysler-owner Stellantis — operate their businesses on an integrated basis throughout North America, leaving them badly exposed to the …
Trump car tariff pivot and Detroit’s ‘Big Three’ Read More »
The United States offered a $10-million reward on Thursday for information leading to the arrest of a Canadian former Olympic snowboarder wanted on drug and murder charges.Ryan Wedding, 43, who is believed to be in Mexico or another Latin American country, was also placed on the FBI’s list of the “Ten Most Wanted Fugitives.””Wedding went …
US offers $10mn reward for Canadian Olympic snowboarder turned drug lord Read More »
Thu, 06 Mar 2025 11:38:19 GMT
