Mr Trump told reporters he would impose the tariffs as 'punishment' on three of the US's largest trade partners for allowing drugs and migrants to flood into the US.
The world trading system has not been here before. A slide towards a wider trade conflict is very much on the cards, as President Trump prepares similar tariffs firstly against Europe, and then at a ...
After boasting plans of imposing tariffs on goods imported from Mexico, Canada and China throughout his campaign, Trump and his White House confirmed on Friday the first bout of tariffs will begin ...
Whitehall is watching anxiously as the president of the world’s largest economy unleashes tariffs on America’s neighbours, ...
As universally expected, the Federal Open Market Committee (FOMC) left its target range for the federal funds rate unchanged at 4.25%-4.50% on Wednesday. With inflation remaining stubbornly above ...
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured ...
As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be released. Expectations are for a hot headline figure, with core reading, ...
"The Bank of England (BOE) is widely expected to slash the policy rate 25bps to 4.50% next Thursday. Most indicators of UK ...
Saturday could be the best indication so far, when Trump has promised to slap neighbours Canada and Mexico with 25% levies ...
Another plank of the U.S. tech story took an Asian twist on Thursday after the Wall Street Journal reported that Japan's ...
Annual inflation, harmonized to EU standards, stood at 2.9% in January, rising one decimal point from a month earlier, Spain's statistics agency said Thursday. Economists polled by The Wall Street ...