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TAIPEI (Reuters) -Taiwanese contract electronics manufacturer Inventec has agreed to invest up to $85 million to build manufacturing facilities in Texas to help mitigate the impact of U.S. tariffs, it said on Monday. In a statement to the Taiwan stock exchange, the company said that its U.S. subsidiary would look for “suitable production” plants in …

Taiwan’s Inventec to invest up to $85 million in US to lessen tariff impact Read More »

By Mike Dolan Morning Bid U.S.  A look at the day ahead in U.S. and global markets from Mike Dolan The furious April for U.S. markets has calmed down a bit as the month draws to a close on Wednesday, and now its time to consider the costs to the real economy. Today’s Market Minute …

Morning Bid: The toll from Trump’s tariffs Read More »

By Suzanne McGee, Saqib Iqbal Ahmed, Davide Barbuscia NEW YORK (Reuters) -A bruising rollercoaster ride for markets in the first 100 days of the Trump administration has seen some investors move away from American assets, but it remains to be seen whether policies have caused a sustained shift away from the United States. The market …

Analysis-After 100 days under Trump, investors reassess the allure of ‘brand USA’ Read More »

By Doyinsola Oladipo NEW YORK (Reuters) -Kimberly Hilliard, co-founder of a five-year-old travel agency in Maryland, says at this time of year she usually fields up to 10 inquiries a week from clients eager to book vacations, but for much of the past month her phones have gone quiet.  The unusual lull in Hilliard’s business …

Stock market uncertainty makes many Americans wary of spending on travel Read More »

By Nandita Bose, Alexandra Ulmer WASHINGTON (Reuters) -As billionaire Elon Musk scales back work for U.S. President Donald Trump, he’s laying the groundwork for a major role as a Republican political megadonor in next year’s midterm elections, according to four people with direct knowledge of the matter. After announcing last week that his cost-cutting role …

Musk lays groundwork for big donor role in midterm elections as time with DOGE ends Read More »

By Rajesh Kumar Singh CHICAGO (Reuters) -The U.S. aviation industry, reeling from President Donald Trump’s trade war and a slump in travel demand, is lobbying the White House for exemptions from tariffs. Industry officials have held meetings with senior members of the Trump administration including the President, asking them to restore the tariff-free regime under …

US aviation industry slammed by tariffs, seeks exemptions Read More »

By Leika Kihara (Reuters) – The Bank of Japan is expected to keep interest rates steady on Thursday and warn of heightening risks to the fragile economy that could keep policy in a holding pattern, as U.S. tariffs continue to hit confidence. The debate may be swayed by what BOJ Governor Kazuo Ueda heard in …

BOJ to keep rates steady, warn of US tariff risks Read More »