12:31 BOJ to raise rates in Q3 though Trump tariffs will disrupt policy normalisation: Reuters poll
-The Bank of Japan is likely to hold its key interest rate through June, showed a Reuters survey of economists, with a 25-basis-point hike next quarter expected by a slight majority of respondents rather than over two-thirds in a poll last month.
- Reuters09:17 China's President Xi says tariffs and trade wars hurt world economic order
-Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and impact the world economic order, the official Xinhua news agency reported.
- Reuters07:51 Switzerland flexes financial muscle ahead of tariff date in Washington
-Top Swiss officials will this week test whether big commitments to the U.S. can help secure relief from import tariffs, after pharma giant Roche followed its cross-town rival Novartis in announcing major investments in the United States.
- Reuters07:51 Japan's factory activity shrinks on tariff woes, services perk up, PMI shows
-Japan's factory activity shrank for the tenth consecutive month in April as confidence among manufacturers dived to almost 5-year lows, dented by worries about U.S. President Donald Trump's tariff policies, a private-sector survey showed on Wednesday.
- Reuters06:48 Vietnam seeks more free trade deals to drive growth as Trump tariff looms
-Vietnam is seeking to speed up its negotiations for new free trade agreements while more effectively exploiting the 17 ones it has already signed, as its export-reliant economy is bracing for U.S. tariffs.
- Reuters04:21 South Korea to seek speedy solution on auto tariffs in US trade talks
-South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S. counterparts and is also prepared for the prospect of Washington bringing up the issue of defence costs.
- Reuters04:21 Trump tariffs threaten to pile more pain on Thailand's rice sector
-Thai farmer Daeng Donsingha was already worried for her family of nine when rice prices in the world's second-largest exporter of the staple crashed this year after India resumed exports.
- Reuters03:43 Focus: Hyundai Steel's $6 bln US investment draws investor ire, tests Seoul's tariff strategy
-In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a $6 billion investment in the U.S., the company organised a call with a dozen investors to calm nerves over the project that lacked detailed funding plans.
- Reuters03:43 Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths
-Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China's export restrictions of rare earth magnets.
- Reuters03:41 World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries
-Given big cuts in development aid by Europe and the United States, think tanks and other groups are urging the World Bank to reduce the equity-to-lending ratio of its main lending arm to free up billions in additional lending capacity.
- Reuters03:41 Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'
-U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog," according to a person who heard his closed-door presentation to investors at a JP Morgan conference.
- Reuters03:41 US court keeps Trump tariffs in force against group of small businesses
-A U.S. federal court on Tuesday allowed President Donald Trump's tariffs against a group of small businesses to remain in force for now, saying the businesses had not shown they would immediately be harmed by new taxes on imports.
- Reuters01:50 Carney appeals for support in Quebec, promises protection from Trump
-Canadian Prime Minister Mark Carney took his election campaign to Quebec on Tuesday, saying only he could protect the predominantly French-speaking province from U.S. President Donald Trump.
- Reuters00:25 Trading Day: Stocks rebound, no new Powell-bashing or trade tirades from Trump
-Making sense of the forces driving global markets
- Reuters23:51 US, Japan move closer to outline of trade deal, source says
-The United States and Japan are moving closer to an interim arrangement on trade, but many of the biggest issues are being put off, according to a person familiar with the matter.
- Reuters23:51 IMF slashes global outlook as White House says trade talks pick up pace
-Worldwide economic output will slow in the months ahead as U.S. President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday as global finance chiefs swarmed Washington seeking deals with Trump's team to lower the levies.
- Reuters21:53 US Treasury Secretary says situation with China is unsustainable, source says
-U.S. Treasury Secretary Scott Bessent on Tuesday said that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate, a source familiar said.
- Reuters21:53 Breakingviews - Crafty CEOs peek around tariff corners
-There are many reasons to dump U.S. stocks, but even in bad markets there are good opportunities. In these trade-ravaged times, some companies have positioned themselves, relatively speaking, to ride out the turmoil, for a while at least.
- Reuters15:57 IMF cuts growth forecasts for most countries in wake of century-high US tariffs
-The International Monetary Fund slashed its forecasts for growth in the United States, China and most countries, citing the impact of U.S. tariffs now at 100-year highs, and warning that further trade tensions would slow growth further.
- Reuters22/04 How Trump moved swiftly to punish perceived foes in his first 100 days
-Hours after swearing an oath to defend the U.S. Constitution on January 20, President Donald Trump signed an executive order directing his attorney general to scour the Justice Department and other agencies for evidence of political "weaponization."
- Reuters22/04 In Dubai's Gold Souk, bullion's record run brings little joy for jewellers
-In the bustling Gold Souk in Dubai, dubbed the "City of Gold", 22-karat gold jewellery is a traditional favourite for weddings, religious celebrations, and as a family investment.
- Reuters22/04 The theory and practice of Trump’s economic policy: podcast
-The president’s tariffs have wreaked havoc in financial markets. Beneath the short-term turmoil, though, are more fundamental woes. In this episode of The Big View podcast, Edward Chancellor describes how the US became a bubble economy, and why deflating it is so dangerous.
- Reuters22/04 Roche to invest $50 billion in United States over next five years
-Roche on Tuesday said it will invest $50 billion in the United States over the next five years, in one of the biggest inward investment moves by companies dealing with President Donald Trump's tariffs policy.
- Reuters22/04 Vietnam clamps down on fraud on US exports, document shows
-Vietnam's trade ministry has issued a directive to crack down on illegal transhipment of goods to the United States and other trading partners as it tries to avoid steep U.S. tariffs, according to a document reviewed by Reuters.
- Reuters22/04 Trump visa cuts and tariff hikes turn Chinese students away from American Dream
-When 25-year-old biology student Yao's PhD program enrollment was deferred due to funding cuts at her U.S. university, she joined a growing list of Chinese students exploring other destinations.
- Reuters22/04 US finalizes tariffs on Southeast Asian solar imports
-The tariffs unveiled on Monday vary widely depending on the company and country.
- Reuters21/04 Trading Day: Trump pummels Powell
-TRADING DAY
- Reuters21/04 Trump to meet major retailers to discuss tariffs, White House official says
-U.S. President Donald Trump is set to meet with representatives from major retailers on Monday afternoon to discuss the effects of broad-based tariffs on their businesses, a White House official said.
- Reuters21/04 Nintendo faces trade war test with Switch 2 launch
-Nintendo's Switch became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device.
- Reuters21/04 US beef off the menu as the trade war hits Beijing's American-style restaurants
-At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef - once the star ingredient - will soon be off the table.
- Reuters21/04 US multinationals extend currency hedges to counter Trump's tariff volatility
-U.S. multinational companies are extending their currency hedges to longer periods to shield their cash flows from potential exchange rate volatility triggered by the Trump administration's tariff policies.
- Reuters21/04 Exclusive: EU explores tweaking methane rules for US gas to help trade talks, sources say
-The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules, as the bloc attempts to avert a trade war with U.S. President Trump, three sources told Reuters.
- Reuters21/04 Second Boeing jet starts return from China, tracker shows
-The jet appears to be another victim of the tit-for-tat bilateral tariffs launched by Trump.
- Reuters21/04 India's Modi to host JD Vance in Delhi under US tariffs shadow
-U.S. Vice President JD Vance begins a four-day visit to India on Monday and will hold talks with Prime Minister Narendra Modi, as New Delhi rushes to avoid steep U.S. tariffs with an early trade deal and boost ties with the Trump administration.
- Reuters21/04 South Korea finds 'Made in Korea' breaches intended to avoid US tariffs
-South Korea has found rising attempts to disguise foreign products as Korean exports, mostly from China, to avoid U.S. President Donald Trump's sweeping tariffs, its customs agency said on Monday.
- Reuters21/04 China opposes any deals between US, other nations at its expense
-China respects all parties resolving economic and trade differences with the United States through consultation on an equal footing, but it will firmly oppose any party striking a deal at China's expense, its Commerce Ministry said on Monday.
- Reuters21/04 South Korea, US, to hold trade talks this week, Seoul says
-South Korea and the United States will hold trade consultations this week in Washington at the suggestion of the United States, Seoul's trade ministry said on Sunday.
- Reuters20/04 DHL to suspend global shipments of over $800 to US consumers
-DHL Express, a division of Germany's Deutsche Post , said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21, as U.S. customs regulatory changes have lengthened clearance.
- Reuters20/04 China's US envoy urges end to trade war, but warns Beijing ready to fight
-China's ambassador to the United States, Xie Feng, has urged Washington to seek common ground with Beijing and pursue peaceful coexistence while warning that China stood ready to retaliate in the escalating trade war.
- Reuters20/04 Boeing jet returns to US from China, a victim of Trump's tariff war
-A Boeing jet intended for use by a Chinese airline landed back at the planemaker's U.S. production hub on Sunday, a victim of the tit-for-tat bilateral tariffs launched by President Donald Trump in his global trade offensive.
- Reuters20/04 Japan seeks 'fairness' in currency talks with US, Prime Minister Ishiba says
-Trump accused Tokyo of intentionally weakening the yen to give its exporters an unfair advantage.
- Reuters19/04 Carney pledges tax cuts, defense spending in Canada election platform
-Canadian Prime Minister Mark Carney's campaign platform plans released on Saturday include tax cuts and new spending on infrastructure and defense, as he pledges a new economic order that is less reliant on the United States.
- Reuters19/04 China pushes anti-'bullying' agenda amid tensions with US
-China's Foreign Minister Wang Yi warned Global South nations that "unilateral bullying" was hurting a rules-based world, as Beijing kept up the diplomatic pressure on U.S. President Donald Trump to roll back his punitive trade tariffs.
- Reuters19/04 Bankers get creative to sign M&A deals in Trump's trade war
-Deal sweeteners and clauses protecting against slumping markets abound.
- Reuters19/04 Buick finally had cars Americans wanted to buy - then came tariffs
-Buick’s three most popular models are made outside the U.S. That means all three are now subject to stiff tariffs that could add thousands to sticker prices on dealer lots in the U.S.
- Reuters19/04 Taiwan short-selling curbs extended again amid tariff uncertainty
-Taiwan's top financial regulator said on Saturday it would extend temporary curbs on the short-selling of shares to help ensure stock market stability, and did not give an end date for when the restrictions might be lifted.
- Reuters18/04 Melodic Italian bolsters Meloni in talks with Trump and Vance
-The Italian language proved a secret weapon for Prime Minister Giorgia Meloni as she launched a charm offensive with U.S. President Donald Trump and his deputy JD Vance in back-to-back transatlantic meetings.
- Reuters18/04 In US Chinatowns, merchants ‘don’t want the trade war to be a war’
-Last week, a pack of rice crackers at Sun Vin Grocery store on Mulberry Street in New York City’s Chinatown cost $4.99.
- Reuters18/04 Exclusive: Toyota weighs adding US production of new RAV4 in response to tariffs, sources say
-Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit from U.S. tariffs on imported vehicles.
- Reuters18/04 Indonesia says to increase US imports, lower orders from other countries
-Indonesia will increase imports of U.S. food and commodities and reduce orders from countries the Southeast Asian nation currently buys the products from, chief economic minister Airlangga Hartarto told reporters in Washington.
- Reuters18/04 Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice
-U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.
- Reuters18/04 LVMH's Arnault lashes out at Brussels over US trade tensions
-European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if no solution is found.
- Reuters17/04 Colombia banana farmers eye EU trade boost
-Farmers in Colombia, the world's fifth-largest banana grower, are looking to boost shipments to the European Union this year on the lucrativeness of shipping to the region, an industry leader said on Thursday.
- Reuters17/04 Italy's Meloni says Trump will visit Rome and consider meeting EU
-U.S. President Donald Trump has agreed to an official visit to Rome and will consider also meeting representatives of the European Union while there, Italy's Prime Minister Giorgia Meloni said on Thursday in the Oval Office.
- Reuters17/04 Trump says he is 100% confident on Europe trade deal
-U.S. President Donald Trump and Italian Prime Minister Giorgia Meloni each expressed confidence on Thursday that the United States and Europe will be able to negotiate a trade deal before his 90-day pause on some tariffs ends.
- Reuters17/04 Trading Day: ECB acts, Trump attacks
-TRADING DAY
- Reuters17/04 US airlines struggle to forecast their business in worsening economic fog
-President Donald Trump's trade war has created the biggest uncertainty for U.S. airlines since the COVID pandemic.
- Reuters17/04 Gold starts coming back to Switzerland from US after exclusion from Trump's tariffs
-Gold, which traders have been flying to New York since December as a precaution against the possibility of broad U.S. tariffs hitting bullion imports, is being shipped back to Switzerland, where it came from, official data shows.
- Reuters17/04 PIMCO bearish on dollar, Treasuries as US safe-haven status wavers
-U.S. bond giant PIMCO said protectionism in U.S. trade policy strengthened the case for dialing down exposure to the U.S. dollar and Treasury bonds, while greater reliance on foreign bond markets had become more attractive.
- Reuters17/04 Trump says Fed chair Powell's termination can't 'come fast enough!'
-U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates.
- Reuters17/04 Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters Poll
-An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the next 12 months approaching 50%, according to economists polled by Reuters.
- Reuters17/04 Trump includes US troop costs in tariff talks with Asian allies
-The tens of thousands of U.S. troops stationed in South Korea and Japan appear set to be part of President Donald Trump's tariff negotiations, despite efforts by both countries to separate security talks from trade.
- Reuters17/04 Tax cuts could trump tariffs, but it may be too late: Pelosky
-Just when there seemed to be little hope that Donald Trump would reverse his aggressive tariff plans, Mr. Market saved the day, forcing the U.S. president to reverse course. But what might be at the root of Trump’s U-turn is not concern about tanking markets, but his own tax agenda.
- Reuters17/04 Exclusive: Japan finance minister 'deeply concerned' over Trump tariff impact
-Japan is "deeply concerned" over global economic fallout from U.S. President Donald Trump's trade tariffs, Finance Minister Katsunobu Kato said on Thursday in the government's strongest warning yet as the two nations began trade talks.
- Reuters17/04 TSMC quarterly profit jumps, upbeat on outlook despite tariff uncertainty
-Taiwan's TSMC , the world's largest contract chipmaker, logged a forecast-beating 60% leap in quarterly profit and said it still expects robust growth this year despite U.S. President Donald Trump's unpredictable trade policies.
- Reuters17/04 Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos
-There has been a chaotic reaction by exporters in the Southeast Asian industrial hub.
- Reuters17/04 Forvia on track to mitigate full exposure to US tariffs, CEO says
-Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.
- Reuters17/04 Why the yen is the wrong gambit in any US-Japan trade row
-U.S. President Donald Trump's desire for a stronger yen against the dollar is almost certain to figure into trade negotiations with Japan underway in Washington, but analysts say any effort to shift the currencies is fraught with risks for both sides.
- Reuters17/04 Breakingviews - How Trump’s tariff turmoil scarred global markets: podcast
-Stocks and government bonds have steadied following dramatic falls triggered by the US president’s trade war. But the policy may yet do lasting damage. In this Viewsroom podcast, Breakingviews columnists examine the possible long-term effects on US Treasuries and the dollar.
- Reuters17/04 BOJ warns US tariff uncertainty may hurt confidence, economy
-Bank of Japan policymakers on Thursday warned of heightening uncertainty over the fallout from U.S. President Donald Trump's tariffs, saying they could damage household confidence and hurt the country's fragile economy.
- Reuters17/04 Japan's exports expand in March as US tariffs feared to hit economy broadly
-Japan's exports rose for a sixth straight month in March, data showed on Thursday, as the threat of sweeping U.S. tariffs drove Japanese companies to ramp up shipments while sparking concerns about the outlook of the country's export-reliant economy.
- Reuters17/04 Ford Motor may hike prices if Trump's auto tariffs persist, memo says
-Ford Motor may raise prices on its new vehicles if U.S. President Donald Trump's auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters.
- Reuters17/04 More Japanese embracing foreign rice, even before it became a tariff topic
-When a severe rice shortage sent prices skyrocketing in Japan last year, Tokyo restaurant owner Arata Hirano did what had once seemed unthinkable: he switched to an American variety.
- Reuters17/04 South Korea holds rates as Trump tariffs heighten economic risks
-South Korea's central bank left its policy interest rate unchanged as expected on Thursday, a decision designed to aid a wobbly won as Washington's attempts to reorder global trade by imposing sweeping tariffs threaten to damage economic growth.
- Reuters17/04 Cambodia eyes more China help as Xi visits amid US tariff tensions
-Cambodia is betting on more financial support from China, including for infrastructure, as President Xi Jinping visits the country on Thursday at the end of a three-nation trip in Southeast Asia, a Cambodian government spokesman said.
- Reuters17/04 Carney clashes with chief rival for first time during Canada debate
-Prime Minister Mark Carney clashed with his chief rival for the first time during Canada's election campaign on Wednesday, in a French-language debate that could help determine who wins the April 28 vote and then deals with U.S. tariffs.
- Reuters17/04 Trading Day: When the chips are down
-TRADING DAY
- Reuters16/04 Trump's trade war ripples through the business world, hits stocks again
-The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.
- Reuters16/04 Intel will need license to export AI chips to Chinese clients, FT reports
-American chipmaker Intel has informed Chinese clients it will start needing a license to sell some of its advanced artificial intelligence processors, the Financial Times reported on Wednesday.
- Reuters16/04 California sues Trump administration to block tariffs
-California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump's sweeping tariffs on foreign trading partners, accusing him of abusing his powers and inflicting financial harm on the state and nation.
- Reuters16/04 Powell says Fed remains in wait-and-see mode; markets processing policy shifts
-U.S. Federal Reserve chair Jerome Powell said Wednesday that the Fed would wait for more data on the economy's direction before changing interest rates, and characterized recent market volatility as a logical processing of the Trump administration's dramatic shifts in tariff policy.
- Reuters16/04 Mexico's Sheinbaum says country will not renew diplomatic relations with Ecuador
-Mexican President Claudia Sheinbaum said Wednesday that Mexico would not renew diplomatic relations with Ecuador as long as Ecuadorean President Daniel Noboa remains in office.
- Reuters16/04 Federal Reserve Chair Jerome Powell speech text April 16, 2025
-Thank you for the introduction. I am looking forward to our conversation, Professor Rajan. First, I will briefly discuss the outlook for the economy and monetary policy.
- Reuters16/04 Chinese factory bids to keep exporting fun amid US trade war
-Bin Zhang is in the business of fun, but his job has become less so because of U.S. President Donald Trump.
- Reuters16/04 AMD flags $800 million hit from new US curbs on chip exports to China
-Advanced Micro Devices expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China, the company said on Wednesday.
- Reuters16/04 WTO slashes 2025 trade growth forecast, warns of deeper slump
-The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover effects could lead to the heaviest slump since the height of the COVID pandemic.
- Reuters16/04 What are the potential outcomes of Canada's federal election?
-Canada will hold a general election on April 28, with polls indicating a close race between Prime Minister Mark Carney's ruling Liberals and the official opposition Conservatives of Pierre Poilievre.
- Reuters16/04 What are Canada's main parties promising in the upcoming federal election?
-Canada's general election will take place on April 28, with polls indicating a tight race between the ruling Liberals and the official opposition Conservatives.
- Reuters16/04 Japan set to kick off Trump tariff talks in Washington
-Japan is set to begin tariff negotiations with the United States in Washington on Wednesday, one of the first countries to test President Donald Trump's willingness to relent on sweeping import duties that have roiled markets and stoked recession fears.
- Reuters16/04 Hongkong Post suspends goods mail services to US
-Hongkong Post said on Wednesday it had suspended goods mail services by sea to the United States and will suspend its air mail postal service for items containing goods from April 27 due to "bullying" U.S. tariffs.
- Reuters16/04 China appoints new top trade negotiator amid US tariff war
-China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with the U.S., replacing veteran trade tsar Wang Shouwen with the Chinese envoy to the World Trade Organization.
- Reuters16/04 Shein's tariff-busting shift hits home in Chinese factory hub
-The rapid rise of ultra-fast fashion retailer Shein has been so key to the fortunes of a group of urban villages on the outskirts of China's southern metropolis of Guangzhou that they have been colloquially dubbed "Shein villages".
- Reuters16/04 China's Xpeng says it reviewed supply chain to insulate it from tariff turmoil
-Chinese electric vehicle maker Xpeng said on Wednesday that it had done a "thorough analysis" of its supply chain to ensure it would not be impacted by the current turmoil caused by U.S. President Donald Trump's tariffs and tensions with China.
- Reuters16/04 Chinese exporters on Rednote ask local consumers to buy goods meant for US
-Chinese sellers of items from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy purchases, telling domestic consumers they are offloading stock at bargain prices amid U.S. tariffs.
- Reuters16/04 Trump orders tariff probe on all US critical mineral imports
-U.S. President Donald Trump on Tuesday ordered a probe into potential new tariffs on all U.S. critical minerals imports, a major escalation in his dispute with global trade partners and an attempt to directly rebuke industry leader China.
- Reuters16/04 Japan manufacturers turn cautious about business outlook due to Trump tariffs: Reuters poll
-Japanese manufacturers expressed improved business sentiment in April versus March though are bearish about their outlook over the next three months as they brace for the impact of sweeping U.S. import tariffs, a Reuters Tankan poll found.
- Reuters16/04 China's Q1 economic growth likely to slow as tariffs darkens outlook
-China's economy is expected to have slowed in the first quarter in the face of a prolonged property downturn, as policymakers brace for the impact of hefty U.S. tariffs that analysts say pose the biggest risk to the Asian powerhouse in decades.
- Reuters16/04 Trading Day: Another lull, but fireworks are coming
-TRADING DAY
- Reuters16/04 Nvidia faces $5.5 billion charge as US restricts chip sales to China
-Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to China of its H20 artificial intelligence chip, which has been one of its most popular chips.
- Reuters16/04 Exclusive: US tariffs may cost chip equipment makers more than $1 billion, industry estimates
-U.S. President Donald Trump's new tariffs could cost U.S. semiconductor equipment makers more than $1 billion a year, according to industry calculations discussed with officials and lawmakers in Washington last week, two sources familiar with the matter said.
- Reuters15/04 Exclusive: Argentina bumper wheat harvest could hit record if export tax cuts extended
-Argentina's major Buenos Aires grains exchange, already forecasting a bumper wheat crop, could raise its estimates even higher if a temporary export tax cut until the end of June is extended, the body's chief economist told Reuters on Tuesday.
- Reuters15/04 Brazil auto market offers warning for US tariff policy
-When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars.
- Reuters15/04 China's customs administration encourages companies to expand in diverse markets
-The head of China's General Administration of Customs on Tuesday encouraged import and export businesses to rise to the challenges presented by sweeping U.S. tariffs by expanding in diverse markets.
- Reuters15/04 US banks flag risks to consumer spending from tariff uncertainty
-U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the upheaval sparked by President Donald Trump's trade policy persists, bank executives warned.
- Reuters15/04 J&J earnings beat estimates on strong cancer drug sales
-Johnson & Johnson reported first-quarter revenue and profit above Wall Street estimates on Tuesday, driven by strong cancer drug sales, and provided its first forecast that accounts for trade tariffs imposed by U.S. President Donald Trump.
- Reuters15/04 Bank of America's first-quarter profit rises on trading strength
-Bank of America's profit rose in the first quarter, as market volatility boosted its trading fees, lifting the shares of the bank up 1.9% before the open.
- Reuters15/04 Trump trade war dries up sorghum sales to China but US farmers plan to plant more
-U.S. President Donald Trump's trade war with China comes at a bad time for sorghum growers like Dan Atkisson in Kansas, who is nevertheless preparing to increase plantings by 25% this spring.
- Reuters15/04 At China's largest trade fair, exporters say US markets are 'frozen'
-Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.
- Reuters15/04 Breakingviews - Small countries sit at nexus of tariff trade-offs
-Among the many absurdities of Donald Trump's global trade war is the inclusion of Singapore and Australia on his naughty list. The U.S. President slapped the 10% baseline tariff, which will apply to nearly all countries, on both with very little justification.
- Reuters15/04 Oil price drop turns up heat on emerging market crude exporters
-A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also curb any benefits for importers.
- Reuters15/04 Chinese official says US tariff aims to 'take away Hong Kong's life'
-One of China's top officials overseeing Hong Kong affairs, Xia Baolong, said on Tuesday that the United States' tariff war was "extremely shameless" and aims to "take away Hong Kong's life".
- Reuters15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says
-Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.
- Reuters15/04 US steps up probes into pharmaceutical, chip imports, setting stage for tariffs
-The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on grounds that extensive reliance on foreign production of medicine and chips is a national security threat, Federal Register filings on Monday showed.
- Reuters15/04 US says most tomatoes imported from Mexico to face 21% duty from July 14
-The U.S. Commerce Department on Monday said most tomatoes imported from Mexico to the United States will face duties of 20.91% from July 14 as it withdraws from an agreement it said had failed to protect domestic tomato growers.
- Reuters14/04 Yellen says Trump policies eroding trust in US, dollar assets
-Former U.S. Treasury Secretary Janet Yellen said on Monday she was concerned that President Donald Trump's tariffs and other policies were eroding allies' trust in U.S. commitments, and that some investors were starting to shun U.S. assets.
- Reuters14/04 LVMH misses sales forecast as core business slumps in first quarter
-LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's largest luxury group said on Monday.
- Reuters14/04 Breakingviews - Wall Street homilies are no match for trade chaos
-The market wreckage strewn by President Donald Trump’s trade war is uniquely driven by minute-by-minute policy whims. A trader riding out the tempest might look to the simple aphorisms passed down as time-tested investment wisdom for guidance. With trillions of dollars resting on as little as social-media posts, that would be a mistake.
- Reuters14/04 Bullish trade in Apple options reaps gains as shares jump on tariff exemption
-An unidentified options trader's multi-million dollar bet on a short-term rebound in Apple Inc.'s shares was set to reap a sizable profit as the iPhone-maker's shares soared on Monday following the Trump administration's weekend move to grant tariff exclusions for smartphones.
- Reuters14/04 Gloom in Barbieland as Trump tariffs drive up costs
-Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that U.S. tariffs are likely to drive up the price of their favourite dolls.
- Reuters14/04 Breakingviews - Breakingviews: Tariff chaos leaves its mark on US debt costs
-It’s too soon to tell whether the recent selloff in U.S. government debt reflects an exodus of overseas investors. Yet there are early signs that something is afoot. The sheer scale of possible future moves makes it a scenario that investors – and Uncle Sam – must contemplate.
- Reuters14/04 Gold is an uncertain certainty amid Trump tariff turmoil
-As U.S. President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs.
- Reuters14/04 China's March exports likely got front-loading lift before Trump's new tariffs took effect
-China's exports likely picked up pace in March, as factories rushed out shipments ahead of U.S. President Donald Trump's sweeping tariffs this month, though the broadening trade war with the United States has darkened the economic outlook.
- Reuters14/04 China's March exports jump in temporary boost as Trump 2.0 heaps pressure
-Exports rose 12.4% year-on-year, a five-month high, handily beating 4.4% growth expected in a Reuters poll of economists.
- Reuters14/04 Japan PM warns US tariffs have potential to disrupt global economic order
-Japanese Prime Minister Shigeru Ishiba said on Monday that U.S. tariffs have the potential to disrupt the global economic order, issuing his strongest warning to date about the damage President Donald Trump's decisions could inflict on the world economy.
- Reuters14/04 Australia's ruling Labor could retain power with slim majority in May vote, poll shows
-Australia's ruling centre-left Labor party could retain power with a slim majority after a national election on May 3, a widely-watched poll said on Monday, marking a reversal of sentiment from February, when voters wanted it out of office.
- Reuters14/04 Taiwan tech supply chain stocks bounce back after Trump tariff exemptions
-Stocks in Taiwanese tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China.
- Reuters14/04 Indian shrimp industry sails in troubled waters after Trump tariffs
-Turbulence unleashed by President Donald Trump's tariffs could rock global shipments of shrimp to the United States, with exporters in biggest supplier India saying they endanger 2,000 containers packed with the frozen delicacy.
- Reuters14/04 China's Xi urges greater cooperation with Vietnam as trade tensions with US flare
-Xi starts a three-nation tour of Southeast Asia this week, beginning with Vietnam.
- Reuters14/04 Singapore central bank eases monetary policy as US tariffs threaten growth
-Singapore's central bank loosened its monetary policy for the second time this year on Monday, as expected, saying prospects for global growth and trade have dimmed amid U.S. tariffs, and the trade ministry cut its growth forecast for the city-state.
- Reuters14/04 China's Xi to meet Vietnam leaders, kick off Southeast Asia tour amid US tariffs
-President Xi Jinping will meet Vietnam's leaders in Hanoi on Monday as he begins a three-nation trip to Southeast Asia, aiming to cement ties with some of China's closest neighbours amid mounting trade tensions with the United States.
- Reuters13/04 Trump aide Navarro brushes off Musk insults, says, 'I've been called worse'
-White House trade adviser Peter Navarro brushed off insults from Elon Musk on Sunday, saying "Elon and I are great" after a public spat over President Donald Trump's sweeping global tariffs.
- Reuters13/04 Looser food standards off the menu in any US-UK trade deal, UK says
-Britain will not relax its food safety standards as part of any deal to secure lower tariffs on its exports to the United States, business minister Jonathan Reynolds said on Sunday.
- Reuters13/04 India's TCS says retail, travel clients more exposed to US tariff turmoil
-Clients of India's Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists, the company's CEO told Reuters.
- Reuters13/04 How China went from courting Trump to ‘never yield’ tariff defiance
-The combative approach marked a hard turn for Beijing, which had tried to avoid a spiraling trade war.
- Reuters13/04 Japan policymaker wants stronger yen, says Tokyo shouldn't sell Treasuries
-Japan must strengthen the yen, such as by helping boost the country's industrial competitiveness, as the currency's weakness has pushed up households' living costs, the ruling party's policy chief said on Sunday.
- Reuters13/04 Britain makes $26 bln export finance support available amid tariff turmoil
-Small and medium-sized businesses will also have access to loans of up to 2 million pounds as part of the package.
- Reuters12/04 US excludes smartphones, computers from Trump's reciprocal tariffs
-The Trump administration has granted tariff exclusions for smartphones, computers and other electronics imports supplied largely by China, sparing them from much of President Donald Trump's steep 125% duties.
- Reuters12/04 US bond funds hit by heavy outflows as recession, inflation fears mount
-Investors pulled out of U.S. bond funds heavily in the week ending April 9 in a broad selloff triggered by fears of a recession and concerns that the escalating U.S.-China trade war could fuel inflation.
- Reuters12/04 That seat will cost how much? US businesses already seeing impact of Trump tariffs
-Business owners provide an early idea of what many more Americans might expect.
- Reuters12/04 Trump trade team chases 90 deals in 90 days. Experts say good luck with that
-President Donald Trump's administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president's trade war are already apparent.
- Reuters12/04 Taiwan holds first tariff talks with United States
-Taiwan officials held their first tariff talks with U.S. officials on Friday, with both sides looking forward to further discussions soon, the island's government said on Saturday.
- Reuters12/04 What Samsung and Vietnam stand to lose in Trump's tariff war
-Samsung would face significant hit from US tariffs on Vietnam.
- Reuters12/04 Chevron's Venezuelan oil cargoes canceled, stalled amid payment uncertainty
-At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling their export authorizations, according to shipping data and sources, as the government had no certainty of payment amid the hardening of U.S. sanctions on the OPEC-member country.
- Reuters12/04 China expands access for Spanish pork as trade tensions with US mount
-China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.
- Reuters11/04 S&P upgrades Italy's ratings to 'BBB+' on external buffers, monetary flexibility amid global headwinds
-Credit ratings agency S&P upgraded Italy's ratings to "BBB+" from "BBB" on Friday, citing improved economic, external and monetary buffers amid rising global headwinds and the progress made in stabilizing public finances since the pandemic's onset.
- Reuters11/04 Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN
-Sweden's Volvo Cars , which is controlled by Chinese auto maker Geely (GEELY.UL), will need up to two years to expand its U.S. car production in order to avoid hefty import tariffs, CEO Hakan Samuelsson told daily Dagens Nyheter (DN) on Friday.
- Reuters11/04 Trump trade war could hit imports at busiest US port in May, port executive says
-Imports to the busiest U.S. seaport could drop as soon as May, as companies pause orders in response to President Donald Trump's escalating tariffs on China and other trading partners, Port of Los Angeles Executive Director Gene Seroka said on Friday.
- Reuters11/04 French bikers race to buy Harleys before possible tariffs
-Sales are brisk at the Villiers-Sur-Marne Harley-Davidson dealership outside Paris, where French bikers reckon they had better hurry if they want the American motorcycle of their dreams before trade war puts them out of reach.
- Reuters11/04 Ten trading days that shook financial markets
-The pain, said Shuntaro Takeuchi, was 10 out of 10.
- Reuters11/04 Tariffs angst sinks US consumer sentiment, boosts inflation expectations
-U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions that have roiled financial markets and raised the risk of a recession.
- Reuters11/04 Mexico to send water immediately to Texas farmers amid treaty tensions with US
-Mexican President Claudia Sheinbaum said on Friday the country would immediately send Texas farmers a water delivery as part of a treaty that has recently strained tensions with the United States, though she did not specify a quantity.
- Reuters11/04 Spanish olive oil makers mull US investment, rush exports to avoid tariffs
-One of Spain's leading olive oil producers is pondering an expansion into the U.S. in response to the tariff war unleashed by Washington, just as its peers are rushing out exports while the bulk of new tariffs are still on hold.
- Reuters11/04 Exclusive: China has considered opening its $520 billion ETF market to Western market makers, sources say
-China has been looking at allowing Western firms such as Citadel Securities and Jane Street to act as market makers in its rapidly growing exchange-traded fund (ETF) sector, two people with direct knowledge of the matter said.
- Reuters11/04 German Birkenstocks, beer, and Riesling wine caught in US tariff crosshairs
-In the Barbie movie, the iconic doll faces a pivotal decision: opt for her trademark but impractical sky-high stilettos or embrace the down-to-earth comfort of the quintessentially German Birkenstock sandal?
- Reuters11/04 Breakingviews - Global trade morass calls for an aggressive ECB
-Donald Trump’s erratic policy decisions give the European Central Bank a chance to stop equivocating over whether it should cut rates. The U.S. president on Wednesday delayed the full implementation of his “reciprocal” tariffs. Yet Europe will still be slapped with a 10% tax on U.S. exports, and the threat of a global slowdown remains. That calls for a strong response.
- Reuters11/04 Tariffs or no tariffs, the dollar correction is finally here: Jen
-The dollar appears set to embark on a multi-year correction against a wide range of currencies, even in the absence of a trade war, as the dollar’s lofty Wall Street valuation runs up against Main Street reality.
- Reuters11/04 JPMorgan analyst says he now tempers public comments on US tariffs
-A senior JPMorgan Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full opinions would have on his colleagues and on the Wall Street bank.
- Reuters11/04 Exclusive: Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say
-Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States.
- Reuters11/04 Investors grapple with tariff-driven economic threat as market swings persist
-Investors hoping for an end to wild market swings were reminded on Thursday that fallout from U.S. President Donald Trump's shifting tariff plans remains a threat to earnings and the economy, and could deal yet more punishment to equities.
- Reuters11/04 EU brainstorms on how to brace for US tariffs as 90-day window opens
-With higher U.S. tariffs postponed by 90 days, European Union finance ministers will brainstorm on Friday how to use that time to get a trade deal with Washington and how to coordinate their efforts to handle higher tariffs if they do not.
- Reuters11/04 Trump's tariff pause brings little relief as recession risk lingers
-A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.
- Reuters11/04 Exclusive: Facing Trump tariffs, Vietnam eyes crackdown on some China trade
-In hope of avoiding punishing U.S. tariffs, Vietnam is prepared to crack down on Chinese goods being shipped to the United States via its territory and will tighten controls on sensitive exports to China, according to a person familiar with the matter and a government document seen by Reuters.
- Reuters11/04 Japan readies task force for US trade talks as tariff risks cloud economy
-Economy Minister Ryosei Akazawa heads the panel.
- Reuters11/04 Trump threatens sanctions, tariffs on Mexico in water dispute
-U.S. President Donald Trump on Thursday threatened Mexico with sanctions and tariffs in a dispute over water sharing between the two countries, accusing Mexico of breaking an 81-year-old treaty and "stealing the water from Texas Farmers."
- Reuters11/04 Exclusive: Venezuela's PDVSA suspends oil loading authorizations to Chevron, sources say
-Venezuela's state oil company PDVSA has canceled several authorizations it had granted U.S.-based producer Chevron to load and export Venezuelan crude in April, three sources with knowledge of the decision said on Thursday.
- Reuters11/04 Hedge funds miss most of the relief rally in equities
-Global equities long/short hedge funds missed out on most of a massive rally in U.S. stocks on Wednesday triggered by U.S. President Donald Trump's announcement of a pause on some tariffs for 90 days.
- Reuters11/04 Well-timed options trades ahead of Trump's tariff pause draw questions
-In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the U.S. stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows.
- Reuters11/04 Study finds Trump's 25% auto tariffs could cost US automakers $108 billion
-A new analysis by the Center for Automotive Research has found that President Donald Trump's 25% auto tariffs imposed in early April will increase costs by about $108 billion for automakers in the U.S. in 2025.
- Reuters10/04 Venezuela national assembly greenlights economic emergency decree
-Venezuela's national assembly on Thursday passed a decree proposed by President Nicolas Maduro's government declaring a state of economic emergency in response to U.S. sanctions and tariffs.
- Reuters10/04 Canadian exporters inquire on trade insurance as Trump's tariffs heighten risk
-A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their suppliers and customers due to U.S. President Donald Trump's tariffs, insurers said.
- Reuters10/04 Restarting coal plants after Trump's executive orders makes no economic sense, report says
-U.S. President Donald Trump is advocating for increased coal production in the United States, however, reviving decommissioned coal plants to meet this goal makes "no economic sense", the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday.
- Reuters10/04 Trump tariff pause does not change fundamentals for a Fed that sees risks ahead
-President Donald Trump's pause on some announced import taxes may have eased the stress building in financial markets for now, but leaves in place the same set of circumstances that had reset the U.S. economic outlook with rising recession risks and potentially rising inflation.
- Reuters10/04 Ivory Coast threatens more expensive cocoa in response to US tariffs
-Ivory Coast, the world's biggest cocoa producer, could take measures to make the product more expensive if tariffs proposed by U.S. President Donald Trump go into effect, the West African country's agriculture minister said on Thursday.
- Reuters10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?
-U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.
- Reuters10/04 Switzerland leans closer to Europe after Trump tariff blow
-U.S. President Donald Trump's decision to hit Switzerland with steeper tariffs than most of Europe was a major shock to the export-oriented country, pushing it towards the European Union as it scrambled to contain the fallout.
- Reuters10/04 Beijing bites back at US tariffs by curbing Hollywood imports
-China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of U.S. tariffs on imported Chinese goods.
- Reuters10/04 Wall Street's response to tariff shock: client calls and bonus worries
-With markets crashing after U.S. President Donald Trump announced his latest tariffs, Citigroup’s banking head Viswas Raghavan called a global meeting of senior bankers on Monday and told them to get on the phone with their clients.
- Reuters10/04 Amid turmoil over tariffs, Bessent rises in Trump trade world
-Minutes after President Donald Trump announced a 90-day pause on a tariff plan that triggered a stock market rout and global upheaval, U.S. Treasury Secretary Scott Bessent strode out of the White House to explain the abrupt turnabout.
- Reuters10/04 Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say
-About six cargo jets with a capacity of 100 tons each have flown out since March.
- Reuters10/04 Investors react to intensifying Sino-US trade tensions
-U.S. Donald Trump ratcheted up a trade war with China even as he did an about turn on steep new reciprocal tariffs on most trading partners on Wednesday.
- Reuters10/04 Wall Street's week of whiplash brought fear, relief and caution
-Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump's tariff policy, scrambling to figure out strategies and calming clients as trillions were wiped off stock market values.
- Reuters10/04 US tariff mania keeps everyone on edge: podcast
-President Trump’s import-levies bonanza, however it evolves, is arbitrary enough to upend easy assumptions about how the White House, the Federal Reserve and American trade partners can or will proceed. In this week’s Viewsroom podcast, Breakingviews columnists gauge the fallout.
- Reuters10/04 New Zealand, Australia speak to other countries on buttressing free trade
-New Zealand and Australia said on Thursday they are each working with other nations on a possible joint response to shore up free trade against a barrage of U.S. tariffs.
- Reuters10/04 US consumer prices seen mild in March before tariffs tsunami
-U.S. consumer prices likely increased marginally in March, but inflation risks are tilted to the upside after President Donald Trump doubled down on tariffs on imported Chinese goods even as he lowered duties on other nations.
- Reuters10/04 Ray Dalio calls for US trade deal with China
-Ray Dalio, founder of the world's largest hedge fund, called for a U.S. deal with the Chinese on tariffs and said that the next goal for U.S. President Donald Trump's administration should be to cut the country's deficit to 3% of GDP.
- Reuters10/04 Australia turns down China's offer to 'join hands' to fight US tariffs
-Australia on Thursday declined Beijing's proposal to work together to counter U.S. tariffs, saying instead it would continue to diversify its trade and lower its reliance on China, its largest trading partner.
- Reuters10/04 Exclusive: Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
-The tariffs will severely impact China's small enterprises and manufacturers, the association said.
- Reuters10/04 Trump U-turns on tariffs but keeps trade war heat on China
-Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.
- Reuters10/04 Spain defends closer trade ties with China after US warns against 'cutting own throat'
-Spain will pursue closer trade ties with China in the interests of its citizens and of the EU, its agriculture minister Luis Planas said on Wednesday, rejecting a U.S. warning that moving closer to the Asian country would be "cutting your own throat".
- Reuters10/04 Trump's trade war: Prescription drugs become a target
-U.S. President Donald Trump late on Tuesday reiterated he would impose tariffs on imports of pharmaceutical products that have long been spared from past trade disputes due to the potential for harm to patients.
- Reuters10/04 Wall Street bosses fear anti-American backlash as Trump's trade war intensifies
-Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions.
- Reuters10/04 South Korea trade envoy says Trump's tariff pause leaves room for negotiations
-South Korea's top trade envoy Cheong In-kyo said on Thursday that U.S. President Donald Trump's tariff reprieve had provided room for negotiations, as the country seeks to reduce tariffs through talks.
- Reuters10/04 Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups
-President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto parts, drawing criticism from Michigan business and auto groups.
- Reuters10/04 Breakingviews - Breakingviews: Trump’s tariff retreat leaves lasting US scars
-Americans have been celebrating their freedom from monarchical rule for nearly 250 years, but Liberation Day will not make it onto the 2026 calendar. President Donald Trump’s economic version of the Declaration of Independence ended on Wednesday afternoon, less than seven days after he unveiled it with great fanfare in the White House Rose Garden. He rolled back most of his reckless tariffs, spark
- Reuters10/04 Venezuela's oil flows again, after a week of panic
-Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus at the country's ports after the U.S. applied tariffs that President Donald Trump imposed on importers of the OPEC nation's oil, according to shipping data and documents.
- Reuters10/04 What's in Trump's partial tariff pause
-U.S. President Donald Trump on Wednesday abruptly paused part of his tariff assault on global trading partners, dialing back duty rates on goods from many countries for 90 days to allow room to negotiate lower trade barriers, even as he hiked new tariffs on Chinese goods to 125%.
- Reuters09/04 Alphabet CEO reaffirms planned $75 billion capital spending in 2025
-Alphabet reiterated on Wednesday it would spend about $75 billion this year to build out data center capacity, doubling down on its generative AI bet even as the payoff remains unclear and a global trade war threatens to raise costs.
- Reuters09/04 From juice to jewellery: which U.S. goods will EU hit with tariffs?
-The European Union will launch countermeasures from next Tuesday against U.S. President Donald Trump’s steel and aluminium tariffs with extra duties on 21 billion euros ($23 billion) of U.S. imports.
- Reuters09/04 Breakingviews - Walmart’s happy face is hard to reflect back
-Walmart CEO Doug McMillon is smiling, improbably, like the company’s yellow happy-face symbol. The $700 billion retailer clung to its annual financial forecasts despite rising U.S. tariffs and recession risks. The sheer number of unpredictable moving parts, however, blunts the reassurances.
- Reuters09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs
-The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.
- Reuters09/04 US Treasury 10-year note auction outcome shows strong demand
-A U.S. Treasury debt auction of $39 billion in benchmark 10-year notes was well received on Wednesday, showing solid investor demand even after a bond market sell-off driven by an escalating trade war between the United States and its major trading partners led by China.
- Reuters09/04 Fed minutes show broad sense US risks tilted towards higher inflation, slower growth
-Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of simultaneously higher inflation and slower growth, with some policymakers noting that "difficult tradeoffs" could lie ahead for the central bank, according to the minutes of the meeting.
- Reuters09/04 Republicans in US Congress sweat Trump tariffs' hit to retirees, a critical constituency
-Republicans in Congress are worried that the market rout sparked by U.S. President Donald Trump's tariffs is taking a heavy toll on retirees and people approaching retirement age - a critical constituency for their party.
- Reuters09/04 Japan, Canada agree to cooperate on market stability
-Japan and Canada, who is this year's chair of the G7 developed economies, have agreed to cooperate to maintain stability in financial markets and the global financial system, Japan's Ministry of Finance said on Wednesday.
- Reuters09/04 US producers face tough choices on growth, capital returns as oil falls below $60
-A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said.
- Reuters09/04 Tariff turmoil leaves investors with few hiding places
-Investors are dumping U.S. assets they usually favour in times of turmoil as fear over the economic impact of U.S. President Donald Trump's reciprocal tariffs shakes confidence in traditional safe-havens.
- Reuters09/04 EU to start retaliating against U.S. tariffs on Tuesday
-The European Union will launch its first countermeasures against U.S. President Donald Trump's tariffs next week, the bloc's members agreed on Wednesday, joining China and Canada in retaliating and escalating a global trade conflict.
- Reuters09/04 Has Trump cancelled Christmas? China's decorations makers report no US orders
-Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.
- Reuters09/04 Breakingviews - Big Pharma has partial immunity from Trump tariffs
-The $1.7 trillion revenue prescription drug industry has a relatively robust immunity to tariffs. Last Wednesday, when U.S. President Donald Trump unveiled a raft of duties on countries and industries he held back on hitting pharmaceuticals. He followed up on Tuesday by saying he would soon announce a “major” tariff on pharmaceutical imports. But the industry’s complex supply chains and the risk o
- Reuters09/04 Exclusive: ECB braces for bigger-than-anticipated growth hit from tariffs - sources
-Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank and the turmoil could also drag inflation down in the near term, four sources told Reuters.
- Reuters09/04 European, Indian pharma stocks decline after Trump again threatens tariffs
-Drugmakers' stocks in Europe and India slipped on Wednesday after U.S. President Donald Trump reiterated plans for a "major" tariff on all pharmaceutical imports and as "reciprocal" tariffs kicking in led to a further carnage in global markets.
- Reuters09/04 Breakingviews - Chipmaking giants face triple tariff hit
-Chipmakers will feel the heat of Donald Trump's tariff rampage. The exemption of semiconductors from the U.S. president's announced levies may not last. What's more, the blow to demand for phones and other consumer electronics will be painful for Taiwan Semiconductor Manufacturing , Samsung Electronics and peers. Surging costs also will disrupt their bold plans to set up factories in the U.S.
- Reuters09/04 German coalition deal expected around midday, sources say
-Germany's conservatives and the centre-left Social Democrats are on track to reach agreement on forming a coalition government around midday on Wednesday, people familiar with the negotiations told Reuters.
- Reuters09/04 Exclusive: China to hold high-level meeting in response to US tariffs, say sources
-China's top leaders plan to convene a meeting as early as Wednesday to discuss measures to boost the economy and stabilise the capital markets, people with knowledge of the matter said, amid an escalating trade war with the U.S.
- Reuters09/04 Sharp US bond selloff revives flashbacks of COVID-era 'dash-for-cash'
-A violent U.S. Treasury selloff, evoking the COVID-era "dash for cash," has reignited fears of fragility in the world’s biggest bond market.
- Reuters09/04 India cenbank cuts rates for a second time as US tariffs add to growth risks, changes stance
-The Reserve Bank of India (RBI) cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish economy, which is facing further pressure from U.S. tariffs.
- Reuters09/04 Bond rout starting to sound market alarm bells
-U.S. Treasuries extended heavy losses on Wednesday in a sign investors are selling even their safest assets as a global market rout unleashed by U.S. tariffs takes an unnerving turn towards distress and a dash for the safety of cash.
- Reuters09/04 Vietnam's deputy PM to meet US's Bessent, Boeing on Wednesday, schedule shows
-Vietnam's Deputy Prime Minister is set to talk on Wednesday with U.S. Treasury Secretary Scott Bessent and plans also to meet Boeing, SpaceX and Apple executives this week, according to an internal schedule seen by Reuters.
- Reuters09/04 Trump's latest tariffs loom, set to deepen global trade war
-Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward.
- Reuters09/04 South Korea announces emergency measures for auto industry hit by US tariffs
-South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.
- Reuters08/04 US 10-year yield won't dance to Bessent's tune: McGeever
-Short-term stock price moves are rarely meaningful – especially not when markets are panicking – but the 10-year U.S. Treasury yield's round-trip since President Donald Trump's 'Liberation Day' last week is extraordinary.
- Reuters08/04 US wine sellers worry as Trump tariffs set to hit Wednesday
-Adam Williams, 57, owner of Ansley Wine Merchants in Atlanta, said he was bracing for the worst on Wednesday, as President Donald Trump's tariffs are set to kick in, which will spike costs of the imported wines and liquors he sells.
- Reuters08/04 'Boys will be boys': White House on Elon Musk-Peter Navarro tariff tiff
-As Elon Musk called one of President Donald Trump's top economic aides a "moron," the White House on Tuesday declared that "boys will be boys."
- Reuters08/04 73% of Americans expect price surge under Trump tariffs, Reuters/Ipsos poll finds
-Most Americans are bracing for higher prices on a wide range of consumer goods following President Donald Trump's move to impose sweeping new tariffs on imports from most of the world, a new Reuters/Ipsos poll found.
- Reuters08/04 Levi Strauss maintains annual forecast, shares surge more than 7%
-Levi Strauss maintained on Monday its annual forecast for sales and profit, excluding the impact of tariffs, and posted quarterly profit ahead of Wall Street targets, sending its shares up more than 7% in after hours trade.
- Reuters08/04 Clothing retailers delay orders, freeze hiring as tariffs hit
-Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China.
- Reuters08/04 Limited options push China into trade 'war of attrition' with Trump
-Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.
- Reuters08/04 Some US consumers stockpile goods ahead of Trump's new tariffs
-Pushing a shopping cart down the aisle of a Walmart Supercenter, Thomas Jennings, 53, loaded up on juices, condiments and whatever he could think of.
- Reuters08/04 Brazil, Egypt and Singapore among potential winners from tariff onslaught
-Days after U.S. President Donald Trump's announcement of sweeping tariffs shocked multiple U.S. trading partners and global markets, a handful of countries are emerging as potential winners although the risk of a tariff-induced recession will limit the upside.
- Reuters08/04 Vietnam to buy US defence, security products to tackle trade gap
-Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday.
- Reuters08/04 Trump attacked Australian beef, but industry looks like tariff winner
-On the day Donald Trump announced tariffs on imports from a dizzying number of countries last week, the U.S. president gave a special mention to Australian beef.
- Reuters08/04 US is starting to look like an emerging market after tariff shock, Euronext CEO says
-The United States is starting to resemble an emerging market more than a developed country, the head of pan-European stock exchange operator Euronext said on Tuesday as financial markets remained volatile after the imposition of sweeping U.S. tariffs.
- Reuters08/04 US tariffs threaten 35,000 citrus jobs in South Africa, farmers say
-Tariffs announced by U.S. President Donald Trump will hurt South African citrus farms and could potentially affect 35,000 jobs, a farmers' association said on Tuesday.
- Reuters08/04 Trump won't get 'Plaza Accord'-type dollar deal, says ex-Japan FX diplomat
-Any U.S. attempt to pull off a 1985 Plaza Accord-type coordinated depreciation of the dollar likely won't work as it would require the consent of China and Europe, Japan's former top currency diplomat Naoyuki Shinohara said on Tuesday.
- Reuters08/04 'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters
-Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects, while haggling with customers over prices as they reel from President Donald Trump's tariffs.
- Reuters08/04 Breakingviews - China will struggle to deal with its overcapacity
-China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that consumers in the People's Republic will need a lot more government support to absorb some of the slack.
- Reuters08/04 Gold's current rally: echoes of the 1980s with a more sustainable core
-Gold's latest gallop to all-time highs has drawn comparisons with the last time political and economic turmoil were the main drivers of record prices, back in 1980. But market players say the nature of this rally - and potentially its ability to endure - look different.
- Reuters08/04 Tariff-driven Wall Street pain sparks investors to weigh more gloomy scenarios
-A dramatic U.S. stock slide is fanning fears of even more dire scenarios for the market, as investors weigh the potential for a prolonged global trade war and a much dimmer corporate profit outlook.
- Reuters08/04 Hong Kong leader says city will sign more free trade pacts amid 'ruthless' US tariffs
-Hong Kong leader John Lee said on Tuesday the city would sign more free trade pacts to diversify its risk amid a global trade war triggered by what he called "ruthless" U.S. tariffs that he said were disrupting the world economic and trade order.
- Reuters08/04 China censures Trump tariff 'blackmail' as market turmoil eases
-Trump said he would impose an additional 50% duty on Chinese imports.
- Reuters08/04 Indonesia stock market falls 9%, rupiah drops to record low
-Indonesia's stock market dropped 9% in early trade on Tuesday, triggering a 30-minute trading halt, and the rupiah fell 1.8% to a record low as markets reopened after an extended holiday break and reacted to the global market turmoil caused by U.S. tariffs.
- Reuters08/04 China says it will never accept US 'blackmail' in escalated tariff threats
-China said it will never accept the "blackmail nature" of the United States after the latter escalated tariff threats against it, the Chinese commerce ministry said on Tuesday.
- Reuters07/04 Aerospace firms scour contracts over tariffs after supplier challenge
-Planemakers, airlines and suppliers are combing through billions of dollars worth of contracts to check their exposure to tariffs after a major U.S. supplier sparked debate over who should pay for an emerging trade war, industry sources said on Monday.
- Reuters07/04 Trading Day: Trump's tariff wrecking ball still swinging
-TRADING DAY
- Reuters07/04 Mexico seeks to avoid retaliatory tariffs against US, but not ruling them out
-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.
- Reuters07/04 Tariff-whipped Wall Street wonders: will Trump blink?
-Investors are trying to game out how much tolerance U.S. President Donald Trump has for stock market losses after his latest tariff policies ignited a more than 10% wipeout on Wall Street, with some still holding out hope of eventual relief.
- Reuters07/04 US discusses tariffs, critical minerals, immigration with Pakistan
-U.S. Secretary of State Marco Rubio spoke to Pakistani Foreign Minister Ishaq Dar on Monday about tariffs, trade relations, immigration and prospects for engagement on critical minerals, the State Department and Pakistan's foreign ministry said a separate statements.
- Reuters07/04 Trump says US and Iran beginning direct talks on Tehran's nuclear program
-President Donald Trump said on Monday that the United States and Iran were beginning direct talks on Tehran's nuclear program, a surprise announcement after Iranian officials had appeared to rebuff U.S. calls for such negotiations.
- Reuters07/04 EU Commission proposes 25% counter-tariffs on some US imports, document shows
-The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.
- Reuters07/04 Trump adviser Navarro dismisses Musk as 'car assembler' after tariff comments
-Peter Navarro, President Donald Trump's top trade adviser, on Monday dismissed tech-billionaire Elon Musk's push for "zero tariffs" between the United States and Europe, calling the Tesla CEO a "car assembler" reliant on parts from other countries.
- Reuters