By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Highest U.S. tariffs in over 100 years slam markets On March 7, U.S. Treasury Scott Bessent said the U.S. economy could be in for a “detox period” as it adjusted to President Donald …
Trump is on fire, global markets tariffied: Trading Day Read More »
By Laurie Chen, Michael Martina and David Brunnstrom BEIJING/WASHINGTON (Reuters) – In its first months, U.S. President Donald Trump’s administration has moved to deter China from threatening its neighbors, signalling that the U.S. will ramp up its military presence in the Indo-Pacific and offer more support to Taiwan. But with his global tariffs announcement on …
Analysis-Trump’s global trade war may defeat US strategic goals on China Read More »
By Pratima Desai LONDON (Reuters) – 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 growth for industrial metals, particularly in top consumer China. However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now …
Analysis-Mining consolidation to speed up as Chinese demand growth slows Read More »
LONDON (Reuters) -Lenovo said on Thursday it and Ericsson had reached an agreement on a global patent cross-licence and to settle all pending litigation, ending a worldwide legal battle. Lenovo sued Ericsson in London in 2023, one of a number of cases brought by one or other of the two companies around the world over …
Lenovo, Ericsson settle international patent dispute Read More »
By Joe Cash, Xiuhao Chen and Liz Lee BEIJING (Reuters) – China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.S. trading partners around the world. The U.S. move disregards the balance of interests reached …
China urges US to immediately lift tariffs, vows retaliation Read More »
By Juveria Tabassum (Reuters) – President Donald Trump’s move to impose sweeping tariffs on U.S. imports could force major retailers to raise prices on products ranging from apparel and footwear to electronics as supply hubs Vietnam, Cambodia and Bangladesh reel from fresh levies. Here are some of the Asia suppliers for retailers. WALMART Walmart remains …
Factbox-Walmart, Best Buy, Nike’s major supply hubs in Asia Read More »
(Reuters) -U.S. 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 move that could escalate a trade war and upend the global economy. Here are latest reactions from company executives, trade and …
Executives, trade and labour associations on Trump’s reciprocal tariffs Read More »
By David Lawder WASHINGTON (Reuters) – 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 Secretary Howard Lutnick said on Thursday, adding that they will have to change their rules to allow more imports of U.S. products. Lutnick told CNBC …
Countries need to allow in more US products to bring down tariffs, Lutnick says Read More »
By Siddarth S (Reuters) -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 sweeping new levies remain in place. Trump on Wednesday imposed a 10% baseline tariff on all imports to the U.S. and higher duties …
Brokerages raise risks for US recession after Trump’s latest tariffs Read More »
(Reuters) -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 tariffs on those that his administration says have high barriers to U.S. imports. Here is what some governments said about what they would – and …
Factbox-Trump tariffs draw global promises of counter measures Read More »
