Reuters US Economy

By Francesco Guarascio HANOI (Reuters) – Vietnam is vulnerable to becoming the new Trump administration’s next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said. The Communist-run country, home to large industrial operations of U.S. multinationals such as Apple, Google, Nike and Intel, has the …

Vietnam’s soaring US trade surplus stokes new fears of Trump tariffs Read More »

(Reuters) -Argentina’s central bank on Thursday lowered its benchmark interest rate to 32% from 35%, as the South American nation makes headway in its fight to tame triple-digit inflation. The reduction is the eighth since libertarian President Javier Milei assumed office in December 2023 and continues a series of cuts since a high of 133% …

Argentina central bank cuts benchmark interest rate to 32% Read More »

By Jamie McGeever ORLANDO, Florida (Reuters) -While the dollar has benefited enormously this year from the tech-led wave of U.S. “exceptionalism” that has lifted American growth, productivity, profits and stock prices, the greenback has also gotten a huge helping hand from its crisis-prone rivals.     Unforeseen political and economic events have drawn investors toward the safety …

Dollar is the cleanest dirty shirt: McGeever Read More »

By Suzanne McGee (Reuters) -A fledgling asset manager plans to unveil an exchange-traded fund which avoids companies that commit to quantitative diversity, equity and inclusion (DEI) measures, with the rollout planned at U.S. President-elect Donald Trump’s Mar-a-Lago residence on Thursday. The fund, named the Azoria Meritocracy ETF, will invest in companies in the Standard & …

Startup asset manager opposing DEI-linked investing plans Mar-a-Lago rollout Read More »

By Stefano Rebaudo and Samuel Indyk (Reuters) -The risk premium investors demand to hold French debt rather than German bunds dropped on Thursday on optimism that France will be able to pass a budget, while German bunds fell on reports Europe plans to tap bond markets for a defence fund. Far-right and left-wing lawmakers in …

French-German spread narrows on budget optimism, German bunds weaken Read More »

By Promit Mukherjee OTTAWA (Reuters) -Canada recorded in October a bigger-than-expected trade deficit with the world and its surplus with top trading partner the United States fell to its lowest this year, data showed on Thursday. U.S. President-elect Donald Trump has long complained about the U.S. trade deficit with Canada and last month threatened tariffs …

Canada’s trade deficit narrows in October, surplus with the U.S. shrinks Read More »