Reuters US Economy

By Joe Cash, Mei Mei Chu and Xiuhao Chen BEIJING (Reuters) -China has American agricultural exports in its cross hairs as it prepares countermeasures against fresh U.S. import tariffs, China’s state-backed Global Times reported, raising the stakes in an escalating trade war between the world’s top two economies. U.S. President Donald Trump last week threatened …

China targets US agriculture over Trump tariff threat, Global Times says Read More »

By Marius Zaharia HONG KONG (Reuters) – China has repeatedly pledged to make the consumer sector a more prominent driver of economic growth but is yet to implement any structural policy changes to achieve this. Analysts say potential costs in the trillions of dollars and risks that reform could bring instability are making officials wary …

Explainer-How China could boost its weak consumption Read More »

(This Feb. 27 story has been corrected to fix the surname of ‘Kirsten Chang’ in paragraphs 7 and 11) By Suzanne McGee NEW YORK (Reuters) – State Street Global Advisors’ much-anticipated private credit exchange-traded fund, developed with alternative investment firm Apollo Global Management, began trading on the New York Stock Exchange on Thursday. The SPDR …

State Street launches Apollo private credit ETF Read More »

(Reuters) – Ukrainian President Volodymyr Zelenskiy is leaving the White House early on Friday after a contentious Oval Office meeting with President Donald Trump, a White House official said. Zelenskiy is “not ready for Peace if America is involved,” U.S. President Donald Trump said in a post on Truth Social on Friday, following a contentious …

Instant View: Wall Street shakes off Trump-Zelenskiy clash after dip Read More »

(Reuters) – Investors were stunned on Friday after Ukrainian President Volodymyr Zelenskiy’s meeting with U.S. President Donald Trump ended in disaster, adding uncertainty to financial markets already jittery due to weakening economic data and volatility around U.S. trade policies. The two leaders traded verbal blows before the world’s media at the White House, pushing markets …

Investors unnerved by heated Trump-Zelensky Oval Office showdown Read More »

SAO PAULO (Reuters) -Brazil’s government is considering cutting import taxes on ethanol in a bid to appease U.S. President Donald Trump and as a way to help tame inflation, newspaper O Globo reported on Friday, citing sources. By reducing ethanol import taxes, Brazil is hoping to attempt to convince the U.S. government to make an …

Brazil mulls cutting ethanol import tax in nod to Trump, report says Read More »

PARIS (Reuters) – U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said on Friday. The U.S. Trade Representative’s office has proposed chargingup to $1.5 million for Chinese-built …

US port fees on China vessels would affect all shipping firms, CMA CGM says Read More »