News

In return, China said Thursday it would reduce imports of American movies, another bid to strike at U.S. services exports in an escalating trade war between the two countries. Goldman Sachs cut ...
I do not recollect much coverage of monopsonistic buyers. But then, if you are a large country and you are running a trillion-dollar trade deficit, it stands to reason that you are the monopsonistic ...
April 10 - U.S. Donald Trump ratcheted up a trade war with China even as he did an about turn on steep new reciprocal tariffs on most trading partners on Wednesday. Trump hiked the tariff on ...
The United States and China have sharply raised tariffs on each other’s imports over the last week, raising the prospect of a long and painful trade war ... to shed its large U.S. Treasury ...
At the same time, Trump said he would increase tariffs on Chinese goods up to 125%, further escalating the two countries' ongoing trade war. "At some point, hopefully in the near future ...
Canada, a major U.S. trading partner, was largely spared from these reciprocal tariffs thanks to the Canada-United States-Mexico Agreement (CUSMA) — a free trade agreement renegotiated and ...
Vespucci Maritime chief executive Lars Jensen wrote on LinkedIn: “If these numbers are anywhere near correct, this is an extremely large disruption to the trade flows we are seeing.” ...
A week into President Donald Trump’s global trade war that has upset financial markets, a new unsettling red flag is hitting the financial system: People are selling U.S. Treasury bonds.
other non-trade related matters, all of those issues can get quite complicated quite quickly. Even with just a handful of trading partners, that would be a large undertaking." ...
Prospective homebuyers are poised to pay more for housing as builders feel the squeeze from President Donald Trump’s tariff-driven trade policy. Markets have been in turmoil over the last week after ...
He now expects the Reserve Bank of New Zealand to aim for a 3% OCR soon. This revision is due to US trade tariffs and a recent business survey. The bank may discuss lowering the OCR further in May.
Part of the challenge is that Trump’s endgame for the trade war has been a moving target, the banker added: “It’s a crapshoot.” It remains to be seen if that approach will yield bilateral ...