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Good morning. The US Treasury Secretary says it’s up to China to de-escalate the trade war. Sony is considering spinning off ...
Treasury Secretary Scott Bessent on Monday signaled that a de-escalation of the trade war over President Trump’s harsh tariff ...
India's foreign exchange and interest rate traders have turned cautious on fears of a possible escalation in tensions between ...
The de-escalation drew an immediate thumbs up from Wall Street, as equity index futures jumped by nearly 2% on the resumption of trading on Tuesday evening ...
U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable ...
"This latest escalation brings us even closer to a full-blown crisis ... The Federal Reserve, established in 1913 and ...
A 10% base rate remains in effect for all countries, while China now faces an overall 145% levy. "At the current tariff level, there is no market acceptance for US goods exported to China," China ...
Even after Trump paused some tariffs, U.S. consumers face an average effective tariff rate of 25.2%, the highest since 1909, the Yale Budget Lab found in report on Thursday. Current tariffs are ...
Effective immediately, importers from most affected countries now face a flat 10% rate instead of the higher, country‑specific surcharges that took effect at midnight. China stands alone outside ...
SINGAPORE - China will raise tariffs on US goods to 84 per cent, up from the 34 per cent previously announced, in a dramatic escalation of ... could cut the interest rate as early as at its ...
The escalation came in response to a fresh round ... the economy remains in solid shape by several key measures. The unemployment rate stands at a historically low level. Meanwhile, inflation ...
The pace of that escalation has been stunning ... efforts to establish factories in other countries set to begin. The scale of the tariffs could lead to “millions of people becoming unemployed ...