Trump's trade war intensifies
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The dollar hovered near more than a two-week high against the yen on Wednesday as U.S. President Donald Trump announced tariffs on seven countries, after earlier this week imposing 25% tariffs on Japan and other trade partners beginning in August.
States like Tamil Nadu are dangling tax breaks and fast-tracking infrastructure, helping the country shake off its reputation as a difficult place to do business.
Secretary of State Marco Rubio talks about countering China as it expands its global influence. But President Trump’s tariff threats have created friction with U.S. partners.
By Anmol Choubey (Reuters) -Gold prices edged higher on Thursday, helped by a slight retreat in the dollar and bond yields, while investors kept a close tab on trade negotiations as U.S. President Donald Trump broadened his tariff war.
Thomas Samson, high yield portfolio manager at Muzinich & Co., joins Mahesh Bhimalingam, Bloomberg Intelligence’s global head of credit strategy, on this episode of the Credit Crunch podcast, to discuss the results of BI’s 3Q High Yield Investor Survey,
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London (UKX) +0.97% to 8,954. Germany (DAX:IND) +0.29% to 24,619. Germany's inflation drops to 2% in June, the lowest in eight months. France (CAC:IND) +0.68% to 7,932. The annual inflation rate in the Czech Republic rose 2.
TRADERS BET AGAINST RECESSION AS TRUMP'S ECONOMIC POLICIES CONTINUE TO SHOW REMARKABLE STRENGTH. Paul Donovan, chief economist at UBS Global Wealth M
Malaysian Prime Minister Anwar Ibrahim warned Wednesday that global trade is being weaponized as Southeast Asia’s foreign ministers opened an annual meeting while facing the looming threat of U.S. trade tariffs.