Trade

European shares plummet to 16-month low on trade war gloom
European shares plummet to 16-month low on trade war gloom
[berlin] European shares plunged to a 16-month low on Monday (Apr 7) as investors grappled with the possibility of a recession after US President Donald Trump showed no signs...
Yuan devaluation market chatter grows as trade war worsens
Yuan devaluation market chatter grows as trade war worsens
The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the US dollar in a break of their policy...
Oil prices extend losses on fears global trade war could slow economy
Oil prices extend losses on fears global trade war could slow economy
[TOKYO] Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global...
Elon Musk Explodes Over Trump-Era Tariffs as Stock Plummets and Ex-White House Insider Sparks Global Trade Firestorm
A major rift has emerged in the White House as Elon Musk publicly criticized Peter Navarro, a key adviser to President Donald Trump. Navarro is the main figure behind...
California is not Washington, D.C.”: Governor Gavin Newsom Defies Donald Trump’s Tariff Plans, Explores Trade Opportunities with China, Canada, and Mexico
California Governor Gavin Newsom is pushing back against Washington's trade policy, setting his state apart from President Donald Trump's new tariff plans. In a recent video posted on social...
Wall Street fears job cuts as dealmaking fizzles in trade war
Wall Street fears job cuts as dealmaking fizzles in trade war
[LONDON] Up and down Wall Street, executives are starting to come to terms with a new reality: Donald Trump is not delivering the long-awaited rebound in mergers and acquisitions...
M&A and IPOs worth billions stalled in 24 hours by trade war
M&A and IPOs worth billions stalled in 24 hours by trade war
[NEW YORK] Billions of US dollars worth of acquisitions and initial public offerings (IPOs) are on hold as Donald Trump’s trade war upends the global economy, twisting the knife...
China Retaliates with Massive 34% Tariff on US Goods Launching Major Trade War Response after Trump’s 34% Levy
China retaliated against President Donald Trump's broad "Liberation Day" tariffs on Friday by imposing its own 34 percent tariff on U.S. imports and introducing restrictions on some key rare...
Japan could lose US billion in car exports due to US tariffs, says UN trade agency
Japan could lose US$17 billion in car exports due to US tariffs, says UN trade agency
The tariffs cover more than US$460 billion worth of US imports of vehicles and auto parts annually[GENEVA] Japan could lose US$17 billion in car export potential in the US...
Trade war boosts odds of Bank of England pushing ahead with May rate cut
Trade war boosts odds of Bank of England pushing ahead with May rate cut
THE threat of a global trade war is set to tip the balance at the Bank of England toward more interest-rate cuts, investors and economists say.The raft of tariffs...