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Today: April 28, 2025
Today: April 28, 2025

Tariffs

Business|Economy|Political|World

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

WTO slashes 2025 trade growth forecast, warns of deeper slump
Business|Economy|Political|US

Retail sales surged in March as Americans rushed to beat Trump’s tariffs

Retail sales surged in March as Americans rushed to beat Trump’s tariffs

Retail sales surged in March as Americans rushed to beat Trump’s tariffs
Economy|Election|Finance|Political|Stock Markets|US

Older Arizona voters are closely watching Trump's tariffs — and their retirement accounts

President Donald Trump was elected with a promise to improve the economy, lower taxes and control inflation, addressing voters who said the economy was the country's top issue

Older Arizona voters are closely watching Trump's tariffs — and their retirement accounts
Business|Economy|Finance|Opinion|Stock Markets|US

Fed gives market a breather

(The opinions expressed here are those of the author, a columnist for Reuters.)

Fed gives market a breather
Business|Economy|Finance|Stock Markets|Technology|US

US stocks get boost from tariff exemptions but trade war confusion persists

US stocks get boost from tariff exemptions but trade war confusion persists

US stocks get boost from tariff exemptions but trade war confusion persists
Asia|Business|Economy|US|World

What are the thorny farm issues in India-US trade negotiations?

India and the United States have finalised the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade

What are the thorny farm issues in India-US trade negotiations?
Business|Economy|Finance|Political|Stock Markets|Technology|US

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game
Business|Economy|Finance|Political|Stock Markets|US

Trump team tries to project confidence and calm after his tariff moves rattled markets

White House advisers and Cabinet members are trying to project confidence and calm as they defend President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs

Trump team tries to project confidence and calm after his tariff moves rattled markets
Business|Economy|Finance|Political|Stock Markets|World

Gold soars past $3,200 as trade war deepens, dollar loses ground

Gold blazed past the $3,200 mark on Friday, as a faltering dollar and an escalating U.S.-China trade war stirred recession fears, sending investors flocking to the safety of

Gold soars past $3,200 as trade war deepens, dollar loses ground
Business|Economy|Finance|Political|US

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

Tariffs angst sinks US consumer sentiment, boosts inflation expectations
Asia|Business|Economy|US

Thailand will cut tariffs on US corn imports, minister says

Thailand will cut tariffs on imports of corn from the United States, but volumes still need to be finalised, the finance minister said on Friday.

Thailand will cut tariffs on US corn imports, minister says
Business|Economy|Finance|Political|US

Another inflation report underlines the strength of the US economy before Trump’s tariff chaos

Another inflation report underlines the strength of the US economy before Trump’s tariff chaos

Another inflation report underlines the strength of the US economy before Trump’s tariff chaos
Business|Economy|Finance|Political|Stock Markets|US

Investors in high anxiety mode after painful week

Trillions of dollars in market prices alternately have been wiped off and added back to portfolios, leading to high anxiety among investors and a

Investors in high anxiety mode after painful week
Business|Economy|Political|Technology|US

Trump's tariff confusion could leave aircraft deliveries in limbo

Cars, consumer goods, and industrial equipment have been delayed at ports, stuck on rail cars, and languished in warehouses at

Trump's tariff confusion could leave aircraft deliveries in limbo
Business|Economy|Europe|Finance|Political|Stock Markets|US

Trump's tariff pause only stokes more uncertainty for CEOs

U.S.

Trump's tariff pause only stokes more uncertainty for CEOs
Business|Economy|Finance|Political|Stock Markets|US

Wall Street's response to tariff shock: client calls and bonus worries

With markets crashing after U.S.

Wall Street's response to tariff shock: client calls and bonus worries
Business|Economy|Fashion and Beauty|Finance|US

US off-price chains poised to win as tariffs play to strengths in sourcing, inventory

Aggressive tariffs on China-made clothes, bags and shoes by U.S.

US off-price chains poised to win as tariffs play to strengths in sourcing, inventory
Business|Economy|Political|US

Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs

U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats

Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs
Business|Economy|Political|US

The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China

President Donald Trump has shared on Truth Social that he has “authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
Asia|Business|Economy|Finance|Political|Stock Markets|US

In stunning U-turn, Trump walks back some tariffs, triggering historic market rally

In a stunning reversal, U.S.

In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
Asia|Business|Economy|Political|US|World

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.

South Korea trade envoy says Trump's tariff pause leaves room for negotiations
Business|Economy|Finance|Political|Stock Markets|Technology|US

These tech leaders donated to Trump. Now they’re out billions of dollars

These tech leaders donated to Trump. Now they’re out billions of dollars

These tech leaders donated to Trump. Now they’re out billions of dollars
Business|Economy|Political|US

US importers, whip-sawed by tariff uncertainty, move to sidelines

So many U.S. companies rushed in goods to avoid President Donald Trump's threatened tariffs that imports soared to near-record levels in recent weeks.

US importers, whip-sawed by tariff uncertainty, move to sidelines
Business|Economy|Finance|Political|US|World

The United States and China are locked in a faceoff over tariffs. No one wants to blink first

The tariff fight between the world’s two largest economies has spiraled into greater peril

The United States and China are locked in a faceoff over tariffs. No one wants to blink first
Business|Economy|Political|US

Senate Republicans express relief after Trump pauses tariff plans

As news that President Donald Trump was backing down on most of his tariffs reached a luncheon of Senate Republicans Wednesday, the room reacted with relief, cheers and smiles

Senate Republicans express relief after Trump pauses tariff plans
Business|Economy|Finance|Political|US

Federal Reserve could be in 'difficult' spot with higher prices, slower hiring

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month’s meeting

Federal Reserve could be in 'difficult' spot with higher prices, slower hiring
Business|Economy|Political|US

Trump says 90-day pause is for countries that didn't retaliate

U.S.

Trump says 90-day pause is for countries that didn't retaliate
Asia|Business|Economy|Political|US

Tariffs on China set to rise to at least 104% on Wednesday, White House says

Tariffs on China set to rise to at least 104% on Wednesday, White House says

Tariffs on China set to rise to at least 104% on Wednesday, White House says
Asia|Business|Economy|Political|World

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

Limited options push China into trade 'war of attrition' with Trump
Business|Economy|Finance|Political|World

Brazil, Egypt and Singapore among potential winners from tariff onslaught

Days after U.S.

Brazil, Egypt and Singapore among potential winners from tariff onslaught
Business|Economy|Finance|Political|Stock Markets|US

Fintech companies caught up in tariff turmoil

Financial technology companies like Robinhood and buy now, pay later provider Affirm have been caught in the whirlwind of President Donald Trump's sweeping tariffs, sending

Fintech companies caught up in tariff turmoil
Business|Economy|Finance|Political|US

Nearly 50 countries want tariff deals, Trump trade chief Greer says

U.S.

Nearly 50 countries want tariff deals, Trump trade chief Greer says
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stocks mostly fall in rocky market as tariff war escalates

Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S.

Stocks mostly fall in rocky market as tariff war escalates
Business|Economy|Finance|Political|Stock Markets|US

This is the stock market’s worst start to a presidential term in modern history

This is the stock market’s worst start to a presidential term in modern history

This is the stock market’s worst start to a presidential term in modern history
Business|Economy|Political|US|World

US starts collecting Trump's 10% tariff, smashing global trade norms

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on

US starts collecting Trump's 10% tariff, smashing global trade norms
Europe|Political|US|World

Hundreds of protesters turn out in European cities against Trump

Hundreds of people protested in European cities on Saturday against U.S.

Hundreds of protesters turn out in European cities against Trump
Asia|Business|Economy|Finance|Stock Markets|US

S&P 500 loses $5 trillion in two days in Trump tariff selloff

Global stock markets extended their recent rout on Friday, with S&P 500 companies wiping out $5 trillion in stock market value since U.S.

S&P 500 loses $5 trillion in two days in Trump tariff selloff
Americas|Business|Economy|Finance

Canada's economy sheds 32,600 jobs in March

Canada's total employment fell and the unemployment rate ticked up to 6.7% in March, data showed on Friday, as uncertainty around tariffs and their subsequent implementation took a

Canada's economy sheds 32,600 jobs in March
Business|Economy|Europe|Finance|Political|Stock Markets|US

'Magnificent' bear

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets It's Friday, so today I'll provide a quick overview of what's happening in global

'Magnificent' bear
Business|Economy|Finance|Political|US

Trump's tariffs are largest US tax hike since 1968, JPM warns

U.S.

Trump's tariffs are largest US tax hike since 1968, JPM warns
Political|News

Trump's 25% tariff on imported cars raises concerns industry leaders

President Donald Trump’s recent announcement of a 25% tariff on imported cars and car parts is generating significant concern among U.S. consumers and industry leaders.  The tariffs – set to take effect on April 3 – aim to bolster domestic manufacturing by reducing reliance on foreign-made vehicles and components. However, experts warn these measures could lead to higher prices and supply chain disruptions. Industry leaders express concern over the tariffs’ potential impact on the automotive supply chain. The Wall Street Journal reports that U.S. manufacturers are already facing challenges due to previous tariffs on steel and aluminum, which have disrupted

Trump's 25% tariff on imported cars raises concerns industry leaders
Business|Economy|Political|Stock Markets|US

Global stocks, and yields, plunge as Trump tariffs fan trade war fears

World markets were slammed on Thursday by U.S. President Donald Trump's unveiling of reciprocal tariffs to match duties put on U.S. goods by other countries.

Global stocks, and yields, plunge as Trump tariffs fan trade war fears
Economy|Political|US

Trump's tariffs aren't strictly reciprocal. Here's how he calculated them

President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods

Trump's tariffs aren't strictly reciprocal. Here's how he calculated them
Business|Economy|Political|US

US service sector growth nearly brakes in March

The U.S. services sector slowed to a nine-month low in March, backing expectations that economic growth likely braked sharply in the first quarter amid

US service sector growth nearly brakes in March
Business|Economy|Finance|Political|Stock Markets|US|World

Investors stunned by Trump tariffs prepare for global growth shock

Big investors reeling from the shock of U.S.

Investors stunned by Trump tariffs prepare for global growth shock
Business|Economy|Political|US

Executives, trade and labour associations on Trump's reciprocal tariffs

U.S.

Executives, trade and labour associations on Trump's reciprocal tariffs
Asia|Business|Economy|Fashion and Beauty|Political|US|World

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India

Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S.

Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
Business|Economy|Political|US|World

World leaders condemn Trump's tariffs, some pledge retaliation

Countries across the world, including some of America's closest allies, condemned President Donald Trump's announcement of reciprocal tariffs and some pledged counter-measures while hoping

World leaders condemn Trump's tariffs, some pledge retaliation
Asia|Business|Economy|Finance|Political|Stock Markets

Japan's Nikkei slumps to 8-month low on Trump tariff shock

Japan's Nikkei share average slumped to an eight-month low on Thursday after U.S.

Japan's Nikkei slumps to 8-month low on Trump tariff shock
Business|Economy|Political|US

US tariff rate rockets to 22%, highest since 1910, Fitch economist says

The U.S. tariff rate on all imports has rocketed to 22% from just 2.5% in 2024 under the new global levies imposed by President Donald Trump, Fitch Ratings' U.S. economic research chief

US tariff rate rockets to 22%, highest since 1910, Fitch economist says
Business|Economy|Political|US

Trump just massively escalated his trade war. Here’s what he announced

Trump just massively escalated his trade war. Here’s what he announced

Trump just massively escalated his trade war. Here’s what he announced
Business|Economy|Finance|Political|US

A Senate vote to reverse Trump's tariffs on Canada tests Republican support

With President Donald Trump’s so-called “Liberation Day” of tariff implementation fast approaching, Senate Democrats are putting Republican support for some of those plans to the test by forcing a vote to nullify the emergency declaration that underpins the tariffs on Canada

A Senate vote to reverse Trump's tariffs on Canada tests Republican support
Business|Economy|US

US construction spending beats expectations in February

U.S. construction spending increased more than expected in February as a decline in mortgage rates boosted single-family homebuilding, though rising economic uncertainty because

US construction spending beats expectations in February
Business|Economy|Fashion and Beauty|Political|US

US tariffs on Vietnam would be a blow to Nike and other sportswear brands

By Nicholas P.

US tariffs on Vietnam would be a blow to Nike and other sportswear brands
Business|Economy|Finance|Political|US

Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs

Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S.

Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs
Business|Economy|Political|US|World

Buffeted by Trump, WTO hunkers down to plot future

From its sleek headquarters on the shores of Lake Geneva, the World Trade Organization hopes to quietly ride out the after-shocks of Trump

Buffeted by Trump, WTO hunkers down to plot future
Business|Economy|Finance|US

Gold sprints to record above $3,100/oz, set for best quarter since 1986

Gold prices extended their stellar run on Monday, topping $3,100 per ounce to hit another record high, as uncertainty around tariffs that would stoke inflation and hinder

Gold sprints to record above $3,100/oz, set for best quarter since 1986
Business|Economy|Finance|MidEast|Stock Markets|US|World

Gold sails above $3,100 to uncharted territory as US tariffs approach

Gold prices soared to record levels above $3,100 per ounce in a rally marking one of the most significant upswings in the precious metal's history,

Gold sails above $3,100 to uncharted territory as US tariffs approach
Business|Economy|Finance|Stock Markets|US

Aston Martin gets $162 million funding boost to counter losses, Trump tariffs

Aston Martin will raise more than 125 million pounds ($161.9 million) through funding from its chairman and the sale of its stake in his Formula One team as it battles

Aston Martin gets $162 million funding boost to counter losses, Trump tariffs
Business|Economy|Finance|Political|Stock Markets|US

No quarter for Wall Street

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Gold is homing in on its best quarter since 1986

No quarter for Wall Street
Business|Economy|Political|US

Trump's promised 'Liberation Day' of tariffs is coming. Here's what it could mean for you

President Donald Trump says “Liberation Day” is coming

Trump's promised 'Liberation Day' of tariffs is coming. Here's what it could mean for you
Economy|Political|US

Trump says reciprocal tariffs will target all countries

U.S.

Trump says reciprocal tariffs will target all countries
Business|Economy|Political|US

Vanessa Yurkevich explains what Trump's auto tariffs could mean for consumers

President Donald Trump announced 25% tariffs on all cars shipped to the United States set to take effect on April 3, marking a significant escalation in a global trade war. CNN's Vanessa Yurkevich reports.

Vanessa Yurkevich explains what Trump's auto tariffs could mean for consumers
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stocks lose ground amid inflation concerns, trade war worries

Safe-haven gold hit a fresh record high on Friday as an index of global shares fell, weighed down by worries over a looming trade war sparked

Stocks lose ground amid inflation concerns, trade war worries
Business|Economy|Europe|Health|Political|US

Trump tariff threats prompt some drugmakers to expedite shipments to US

Some drugmakers are taking the unusual step of sending more medicines by air to the U.S., two executives and two

Trump tariff threats prompt some drugmakers to expedite shipments to US
Asia|Business|Economy|Political|US

Trade talks with US 'progressing well', says India's trade minister

Trade talks with the United States are "progressing well", Indian Trade Minister Piyush Goyal said on Thursday, with days to go before President Donald Trump's proposed

Trade talks with US 'progressing well', says India's trade minister
Americas|Business|Economy|Political|World

Brazil warns of big risk of global trade being 'weaponised'

Brazil's secretary of foreign trade warned on Thursday in the wake of U.S.

Brazil warns of big risk of global trade being 'weaponised'
Business|Economy|Europe|Political|US

German government opposes boycott of US products

Germany's government rejected on Wednesday calls for a boycott of U.S. goods despite disagreements over tariffs, saying Europe's biggest economy wanted to foster good trade

German government opposes boycott of US products
Business|Economy|Finance|Political|Stock Markets|US

Copper prices surge to record high amid tariff anxiety

Copper prices surge to record high amid tariff anxiety

Copper prices surge to record high amid tariff anxiety
Business|Economy|Finance|US

Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy

Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal

Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy
Business|Economy|Political|US|World

US trade chief, Chinese vice premier express 'candid' concerns on trade tensions

U.S.

US trade chief, Chinese vice premier express 'candid' concerns on trade tensions
Uncategorized

Trump tariffs on Venezuela crude buyers are a potent new tool of US pressure

A U.S. plan to slap tariffs on countries buying sanctioned Venezuelan oil marks an unprecedented, and potentially potent, mixture

Trump tariffs on Venezuela crude buyers are a potent new tool of US pressure
News|Political|Travel

Precautions for travelers to Canada, Mexico amidst tariffs

As tensions rise due to newly imposed tariffs between the United States, Canada, and Mexico, travelers are advised to take extra precautions when visiting these neighboring countries.  Economic shifts and trade disputes have caused fluctuations in prices, potential supply chain disruptions, and heightened scrutiny at border crossings. These issues have made it increasingly important for travelers to stay informed and plan their trips carefully to avoid unexpected complications. The increase in tariffs is anticipated to lead to rising prices on goods, including food, fuel, and travel-related expenses. Travelers should budget accordingly as they may encounter higher costs during their trips.

Precautions for travelers to Canada, Mexico amidst tariffs
Business|Economy|Political|US

Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher

U.S.

Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher
Business|Economy|Finance|Political|US

Atlanta Fed's Bostic now sees only one rate cut this year

Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark

Atlanta Fed's Bostic now sees only one rate cut this year
Business|Economy|Political|US

US may exclude sector-specific tariffs on April 2, reports say, but situation fluid

U.S.

US may exclude sector-specific tariffs on April 2, reports say, but situation fluid
Business|Economy|Finance|Political

TEXT-Bank of England's Monetary Policy Summary

allowed the MPC to withdraw gradually some degree of policy restraint, while maintaining Bank Rate in restrictive territory so as to continue to squeeze out persistent inflationary pressures.

TEXT-Bank of England's Monetary Policy Summary
Economy|Finance|MidEast|Political|World

Gold soars to record high after Fed holds rates steady, signals two cuts in 2025

Gold prices soared to an all-time high on Wednesday, following remarks from Fed Chair Jerome Powell and as the U.S.

Gold soars to record high after Fed holds rates steady, signals two cuts in 2025
Business|Economy|Europe|Health|Political

Widely used drugs on US imports list from Europe

Widely used prescription medicines could get caught up in the Trump administration's tariff trade wars and EU retaliation.

Widely used drugs on US imports list from Europe
Australia|Business|Economy|Finance|Political

Australian bank CEOs say Trump 'tariff madness' may drive up global inflation

A trade war sparked by U.S.

Australian bank CEOs say Trump 'tariff madness' may drive up global inflation