– TRADING DAY -Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what markets were focused on today and why they took a breather. I’d love…
Markets extended their downward slide on Tuesday as investors remained wary about the looming tariff deadline, with the S&P 500 dipping 0.07%. After a celebratory June, which saw the S&P 500 reach record highs, July is off to a gloomy start. The threat of tariffs looms once again for investors, as President Trump insists he…
U.S. trading partners are weighing up their responses after President Donald Trump’s latest action on tariffs sparked a stock market selloff Monday. The White House sent letters yesterday to about a dozen countries laying out the rates at which imports would be taxed—ranging from 25% to 40%—if no other trade agreements are reached. The letters…
Stocks sank Monday after President Trump announced a fresh salvo of tariffs on more than a dozen countries as he works to rectify what he views as persistent trade imbalances. The S&P 500 as fell 49 points, or 0.8%, to close at 6,230, while the Dow Jones Industrial Average fell 422 points, or 0.9%, to close…
Shortly after President Trump threatened to impose an extra 10 per cent tariff on countries aligning themselves with the “anti-American policies” of the Brics, China on Monday said that the bloc is not seeking “confrontation” read more Shortly after President Donald Trump threatened to impose an extra 10 per cent tariff on countries aligning themselves…
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking “confrontation” after US President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. “Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have…
By Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and was a Senior Reporter before that, mostly covering U.S. news and politics. Shane joined Newsweek in February 2018 from IBT UK where he held various editorial roles covering different beats,…
Trump to send tariff notices to countries that haven’t made trade deals, starting this week – CBS News Watch CBS News The Trump administration is expected to send dozens of letters this week to countries that have not made a trade deal with the U.S. Willie James Inman reports. Be the first to know Get…
The White House is set to put pressure on the U.S.’s trading partners this week to sign new tariff deals, with the hope that they will be finalized before a Wednesday deadline. The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher…
Kevin Hassett says ahead of tariff deadline, “rough outlines of the deals are becoming clear” – CBS News Watch CBS News White House National Economic Council Director Kevin Hassett tells “Face the Nation with Margaret Brennan” that as the deadline approaches for President Trump’s “reciprocal tariffs,” there are “some negotiations” for trade deals in the…