NEW DELHI (Reuters) -Sri Lanka is ready to engage with the United States in strengthening trade relations, the island nation said on Friday, committing to substantially reduce tariff and non-tariff barriers that hinder trade and investment. U.S. President Donald Trump’s government imposed a 44% tariff, which will affect about $3 billion of exports, Sri Lanka’s …
WASHINGTON (Reuters) -U.S. President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest rates, saying it was the “perfect time” to do so. “CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!,” Trump said on Truth Social. (Reporting by Katharine Jackson and Ismail Shakil; Editing by Caitlin Webber)
By Marafaele Mohloboli MASERU (Reuters) -Lesotho scrambled to put together a delegation on Friday to head to Washington to engage with the United States on tariffs that risk wiping out nearly half of its exports, its trade minister said, in what could be a death blow to its economy. The 50% trade tariff on the …
Baffled Lesotho seeks to engage with US on jeans tariffs Read More »
By Tom Polansek and Leah Douglas (Reuters) -U.S. President Donald Trump’s new tariffs could apply to eggs being imported to ease a supply shortage, Agriculture Secretary Brooke Rollins said on Thursday, a move that industry experts said could boost prices just as they have started to decline from record highs. Rollins said in a Fox …
US egg imports meant to drive prices down could be hit by tariffs Read More »
By Ellen Zhang, Maria Martinez and Promit Mukherjee BEIJING/BERLIN/OTTAWA (Reuters) – U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace. Hit by 10%-50% tariffs on their exports to the world’s dominant economic superpower, most lack the firepower to hit back or the political …
Analysis-Nowhere to hide: Trump tariffs leave trading partners cornered Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -Shares of Yeti Holdings tumbled in December and again in March when President Donald Trump threatened tariffs against China, where the company had some of its biggest factories. Behind the headlines, Yeti, the Austin, Texas-based maker of $300 coolers and $40 travel mugs, was facing another problem. Hedge fund …
Trump tariffs, economic uncertainty fuel more settlements between CEOs and activists Read More »
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and trimmed losses versus the yen on Friday, after non-farm payrolls data showed the U.S. economy added more jobs than expected in March. Non-farm payrolls rose by 228,000 jobs last month after a downwardly revised 117,000 rise in February, the Labor …
Dollar gains vs euro, pares losses vs yen after US payrolls data Read More »
(Reuters) -The Federal Reserve is seen waiting until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month that eased concern about the state of the labor market as President Donald Trump moves to put sweeping tariffs on imports from around the globe. Still, contracts continue to …
Fed seen waiting until June to start rate cuts, after big job gains last month Read More »
(Reuters) – The U.S. economy added far more jobs than expected in March, but President Donald Trump’s sweeping import tariffs could test the labor market’s resilience in the months ahead amid sagging business confidence and a stock market selloff. Nonfarm payrolls increased by 228,000 jobs last month after a downwardly revised 117,000 rise in February, …
Strong jobs report creates Fed easing quandary amid tariff distress Read More »
(Corrects figure in headline and lead to T$88 billion from T$288 billion) TAIPEI (Reuters) -Taiwan’s government announced T$88 billion ($2.67 billion) worth of financial help on Friday for companies and industries to deal with the impact of U.S. tariffs. U.S. President Donald Trump on Wednesday announced across-the-board import tariffs, with much higher duties for dozens …
Taiwan unveils $2.7 billion in help for companies to deal with US tariffs Read More »
