President Trump has threatened to initiate Section 301 proceedings against the European Union (EU), potentially leading to new tariffs, as the bloc fined Google $3.5 billion after concluding the tech giant had breached its competition rules with its advertising technology. Newsweek contacted Google and the European Commission, the EU’s executive arm, for comment on Saturday…
By Naveen Thukral SINGAPORE (Reuters) -Southeast Asian nations are set to reshape global grains and oilseed trade flows through U.S. trade deals that include raising agriculture purchases, with increased American shipments displacing Australian, Canadian and Russian supply. While Indonesia and Bangladesh have already agreed to increased buying as part of agreements that set lowered tariffs…
US stock futures edged higher on Thursday as President Trump’s sweeping tariffs hit dozens of US trade partners after his self-imposed deadline for countries to strike deals expired. Futures attached to the Dow Jones Industrial Average (YM=F) gained 0.4%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) rose 0.6%….
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…
US stock futures edged higher Sunday evening as investors braced for a packed week featuring earnings from Big Tech heavyweights, a Federal Reserve meeting, inflation data, and President Trump’s Aug. 1 deadline to lock in key trade deals. Futures tied to the Dow Jones Industrial Average (YM=F) were up about 0.4%, while S&P 500 futures…
US stocks steadied near all-time highs on Friday as investors assessed a packed week of major earnings, trade deals, and President Trump’s unusual visit to the Federal Reserve. The Dow Jones Industrial Average (^DJI) ticked up around 0.2%, while the S&P 500 (^GSPC) rose just over 0.1% after the benchmark notched its fourth record close…
US stock futures steadied near all-time highs on Friday as investors assessed a packed week of major earnings, trade deals, and President Trump’s unusual visit to the Federal Reserve. Dow Jones Industrial Average futures (YM=F) ticked up 0.1%, while S&P 500 futures (ES=F) traded flat on the heels of notching its fourth record close in…
Major US trading partners scrambled over the weekend to finalize trade deals or lobby for extra time as President Donald Trump said he’s notifying about a dozen countries on Monday of the new tariff level on their shipments to the US. “I signed some letters and they’ll go out on Monday – probably 12,” Trump…
South Korea is looking for an extension to the July 9 tariff deadline as talks continue. The US has raised concerns over non-tariff barriers and broader defence. South Korea is not the only country looking to reach a deal with the US before the tariff deadline on July 9. “It seems some countries will reach…
The pressure is now on. From Canada to Japan, key trade deals are struggling to get over the finish line with just two weeks to go before President Trump’s tariff deadline. Trump managed to firmed up a trade deal with the United Kingdom last week, and its European Union neighbors are apparently pushing for a…