By David Ljunggren OTTAWA (Reuters) -The Canadian team working on a trade deal with the United States could walk away from talks in the wake of a U.S. decision to impose a 35% tariff on some goods from Canada, an adviser to Prime Minister Mark Carney said on Friday. Flavio Volpe, a member of Carney’s…
By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) -European airline shares have soared in the last six months despite geopolitical and economic uncertainty, while those of U.S. airlines have sold off amid a pullback in travel spending. The stock market has been turbulent since the start of this year as U.S. President Donald Trump’s…
By Gregor Stuart Hunter SINGAPORE (Reuters) -Asian equities slipped on Thursday, weighed down by weaker-than-expected Chinese activity data and a plunge in copper prices, while the yen firmed after the Bank of Japan raised its inflation forecast for the fiscal year and held rates steady. The revised forecast suggested cautious optimism that Japan’s trade deal…
(Corrects name of Section 232 in paragraph 4) (Reuters) -U.S. President Donald Trump on Wednesday signed a proclamation ordering 50% tariffs on certain copper imports, citing national security, the White House said. The proclamation imposes a 50% tariff on semi-finished copper products and copper-intensive derivative products as of August 1, according to a fact sheet…
Kevin Dietsch/Getty Images JD Vance looking like a dweeb as always. Vice President JD Vance can’t go anywhere! Vance has a history of being off-putting, making people uncomfortable, and getting booed basically everywhere he goes. But now, President Donald Trump’s second in command can’t even go to his home state of Ohio without having the…
(Reuters) -Harley-Davidson posted a lower-than-expected profit for the second quarter and did not provide an annual forecast on Wednesday, as U.S. President Donald Trump‘s tariffs continued to weigh on the motorcycle maker. However, shares of the company rose as much as 12% in premarket trading after the company said that it would offload loans from…
Investors are awaiting the release of key tech earnings and a Federal Reserve policy decision (Mohd RASFAN) Asian markets were mixed Wednesday as investors kept tabs on China-US developments after they agreed to further talks to extend their trade truce, while eyes were also on tech earnings and a key Federal Reserve meeting. After deals…
WASHINGTON (AP) — President Donald Trump‘s administration on Tuesday proposed revoking a scientific finding that has long been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change. The proposed Environmental Protection Agency rule rescinds a 2009 declaration that determined that carbon dioxide and other greenhouse gases endanger public health…
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The dollar is on course for its best week of the year, as unfolding U.S. trade deals are succeeding in raising tariffs without attracting much retaliation or causing major economic damage so far. A…
By Anjana Anil (Reuters) -Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce and President Donald Trump‘s shorter deadline for Russia to end the Ukraine war. Brent crude futures were up 24 cents, or 0.34%, to $70.28 a barrel by 0000 GMT,…