Reuters US Economy

(Reuters) -Global investors have yearned for clarity over U.S. President Donald Trump’s tariffs, but now they have it, they don’t much like what they see. As part of his “Liberation Day” on April 2, Trump slapped hefty tariffs on major trading partners, plunging markets into turmoil, just as investors parse through the first new quarterly …

Take Five: This is going to hurt Read More »

By Maria Martinez (Reuters) -German exports rose more than expected in February as U.S. demand increased in anticipation of tariffs by the Trump administration, but industrial production fell, showing the struggles of manufacturing in Europe’s biggest economy. Exports rose by 1.8% in February compared with the previous month, data from the federal statistics office showed …

German exports rose in February ahead of tariffs, industrial production fell Read More »

By Lucy Craymer WELLINGTON (Reuters) -New Zealand said on Monday it would boost defence spending by NZ$9 billion ($5 billion) over the next four years, and aim to nearly double spending to 2% as a share of GDP in the next eight years, at a time of rapidly growing tension worldwide. The details came in …

New Zealand aims to nearly double defence spending to 2% of GDP Read More »

(Reuters) -U.S. President Donald Trump’s tariff measures could slow euro area economic growth by anywhere between 0.5 and 1 percentage points, Greek central bank governor Yannis Stournaras told the Financial Times in an interview published on Monday. Stournaras’ comments come against the backdrop of European Union countries weighing approval of a first set of targeted …

Trump tariffs could slow euro growth by up to 1 percentage point, Greek central banker tells FT Read More »

SYDNEY (Reuters) -Australia will be able to manage the direct impact of U.S. President Donald Trump’s tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers said on Monday. “We expect more manageable impacts on the Australian economy, but we still do expect Australian GDP to take a hit …

Trump tariffs to slow Australia’s economy but recession not expected, Treasurer says Read More »

By Ira Dugal MUMBAI (Reuters) -India’s economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by the central bank, analysts said. U.S. President Donald Trump on Wednesday slapped a 26% reciprocal tariff on India, threatening the Reserve Bank …

US tariffs to hit India’s GDP growth, prompt more rate cuts Read More »