Reuters US Economy

Trump says he will speak to Lula at some point as Brazil downplays tariff impact

11 Jul 2025

By Nandita Bose, Bernardo Caram and Gabriel Araujo WASHINGTON/BRASILIA/SAO PAULO (Reuters) -Brazil’s government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from both nations expressed a cautious willingness to negotiate in the future. Trump told reporters he might speak later …

Trump says he will speak to Lula at some point as Brazil downplays tariff impact Read More »

Argentina inflation seen accelerating in June after May slowdown

11 Jul 2025

BUENOS AIRES (Reuters) -Argentina’s monthly inflation likely ticked up to 1.9% in June, according to the median forecast of a Reuters poll, after May’s rise marked the lowest monthly increase since 2020. The month of May had marked the smallest monthly increase in five years for South America’s No. 2 economy, with consumer prices rising …

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Canada records surprise job gains, June unemployment rate edges down

11 Jul 2025

By Promit Mukherjee OTTAWA (Reuters) -Canada’s unemployment rate fell slightly to 6.9% in June as the wholesale and retail trade sectors as well as manufacturing, healthcare and social assistance all saw surprise job growth, data showed on Friday. The economy added 83,100 new jobs in June, the first net increase since January, Statistics Canada said. …

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Instant view: Canada’s economy adds 83,100 new jobs in June

11 Jul 2025

TORONTO (Reuters) -Canada’s economy added 83,100 jobs in June, the first net increase since January, and the jobless rate edged down to 6.9%, Statistics Canada data showed on Friday. Market reaction: [CAD/]     Link:  COMMENTARY ADAM BUTTON, CHIEF CURRENCY ANALYST AT FOREXLIVE “The Canadian jobs report isn’t quite as strong as it first appears but it’s …

Instant view: Canada’s economy adds 83,100 new jobs in June Read More »

Brazil raises forecast for 2025 GDP growth, sees slowdown next year

11 Jul 2025

BRASILIA (Reuters) -Brazil’s finance ministry raised its forecast for economic growth this year, while projecting a slight slowdown in 2026 in face of the central bank’s tight monetary policy, a report showed on Friday. The ministry’s economic policy secretariat now expects Brazil’s gross domestic product to grow 2.5% in 2025, up from the 2.4% estimated …

Brazil raises forecast for 2025 GDP growth, sees slowdown next year Read More »

Brazil to collect $1.8 billion from debt renegotiation with big companies

11 Jul 2025

By Bernardo Caram BRASILIA (Reuters) -The Brazilian government secured 10.2 billion reais ($1.8 billion) in revenue from the first round of tax debt renegotiations with major companies this year, the Treasury’s attorney general and the Federal Revenue Service said. As part of the initiative, which is included in a broader effort to reduce Brazil’s fiscal …

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German debt level will rise to 74% of GDP by 2030, Scope says

11 Jul 2025

BERLIN (Reuters) -Germany’s debt is expected to increase to 74% of gross domestic product by 2030 from 62.5% last year due to the increase in spending on defence and infrastructure, according to a report from the European rating agency Scope seen by Reuters on Friday. Germany’s parliament approved plans for a massive spending surge in …

German debt level will rise to 74% of GDP by 2030, Scope says Read More »

German upper house of parliament approves $54 billion corporate tax relief package

11 Jul 2025

By Maria Martinez BERLIN (Reuters) -The German upper house of parliament approved on Friday a first tax relief package worth 46 billion euros ($54 billion) from 2025 to 2029 to support companies and revive the country’s sluggish economy. The package, which had already been approved by the lower house, includes measures such as favourable depreciation …

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German business insolvencies up 2.4% in June

11 Jul 2025

FRANKFURT (Reuters) -The number of German business insolvencies registered in June rose 2.4% from a year earlier, the German statistics office said on Friday, adding pressure on the new government to revive economic growth. The office’s statement cited preliminary figures on insolvencies, many of which were initiated three months before they were registered. Citing final …

German business insolvencies up 2.4% in June Read More »

China’s export growth expected to edge up in June amid delicate truce with US: Reuters poll

11 Jul 2025

By Ethan Wang and Joe Cash BEIJING (Reuters) -China’s export growth likely edged higher in June, buoyed by exporters rushing to front-load shipments on fears that a fragile trade truce with the United States could unravel and see President Donald Trump reinstate extra tariffs on Chinese goods. Outbound shipments were expected to have risen an …

China’s export growth expected to edge up in June amid delicate truce with US: Reuters poll Read More »

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