By Shankar Ramakrishnan and Matt Tracy (Reuters) -No new offerings were announced in the U.S. investment-grade and high-yield bond markets for the third consecutive day as credit spreads, or the cost of issuance, continued to increase on worries that U.S. President Donald Trump’s tariff war could lead to a recession. Since Trump imposed sweeping tariffs …
US credit spreads continue to widen, no new bonds announced Read More »
By Daina Beth Solomon SANTIAGO (Reuters) – The CEO of copper producer Freeport-McMoRan said on Monday she was concerned about the health of the global economy and the possibility of recession and inflation in the wake of U.S. tariffs rolled out last week. The comments from the world’s largest publicly traded copper producer join the …
Freeport-McMoRan CEO flags concern over global growth amid US tariffs Read More »
By David Shepardson WASHINGTON (Reuters) -U.S. Trade Representative Jamieson Greer will tell the Senate Finance Committee on Tuesday that nearly 50 countries have approached him to discuss new sweeping tariffs imposed by President Donald Trump. The comments echo U.S. National Economic Council Director Kevin Hassett’s disclosure over the weekend that more countries have reached out …
Nearly 50 countries want tariff deals, Trump trade chief Greer says Read More »
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s total lithium resources are 28% greater than previously estimated, according to new studies of salt flats in the northern Antofagasta region that show a higher amount of the battery metal, state mining body ENAMI said on Monday. A new analysis shows that the La …
Chile has 28% more lithium than previous estimates, studies find Read More »
By Raul Cortes and Kylie Madry MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Monday her government would like to avoid imposing tariffs on the United States in response to President Donald Trump’s sweeping tariff plans, though she said they could not be ruled out. Mexico, which ships nearly 80% of its exports to …
Mexico seeks to avoid retaliatory tariffs against US, but not ruling them out Read More »
OTTAWA (Reuters) – The probability of a U.S. recession has risen significantly thanks to President Donald Trump’s tariffs and that will have a major negative effect on the Canadian economy, Prime Minister Mark Carney said on Monday. Carney also told a televised news conference he had spoken to Bank of Canada Governor Tiff Macklem and …
Carney says chances of US recession has shot up, will hit Canada Read More »
By Promit Mukherjee and David Ljunggren OTTAWA, April 7 (Reuters) – Canadian firms and consumers see a sharply higher chance of recession over the coming year as U.S. President Donald Trump’s tariffs and possible retaliation fuel widespread uncertainty, the Bank of Canada said on Monday. About 32% of companies surveyed by the BoC for a …
More Canadian firms see chance of recession in next year – central bank survey Read More »
By Duncan Miriri NAIROBI (Reuters) – Kenya is among those exporters hoping a smaller Trump tariff blow vis-a-vis competitors might help them emerge as winners in the nascent global trade war, but translating the disparity into an advantage will be an uphill struggle. As governments around the world reeled from U.S. President Donald Trump’s new …
Kenya thinks it can win from U.S. tariffs, but global recession risk looms Read More »
ATHENS (Reuters) – Greece’s economy can withstand the new challenges that U.S. tariffs pose, Prime Minister Kyriakos Mitsotakis said on Monday, as the country awaits a unified European Union stance on the matter. U.S. President Donald Trump’s sweeping tariff plans hammered global financial markets after he warned foreign governments they would have to pay “a lot …
Greece expects EU response on US tariffs, economy can withstand challenges, PM says Read More »
BERLIN (Reuters) – Investor morale in the euro zone tumbled in April to its lowest point in more than a year, a survey showed on Monday, as U.S. President Donald Trump’s tariffs hammered sentiment in the bloc. The Sentix index for the euro zone fell to -19.5 in April from -2.9 in March, its lowest …
Euro zone investor morale in April hammered by Trump tariffs Read More »
