The 25% tariffs came into effect at 0501 UTC on Tuesday as planned, in the absence of a deal. Canada vowed to impose retaliatory 25% tariffs. US President Donald Trump said on Monday that Washington would apply...
Donald Trump thinks US firms have a trade disadvantage as they often face higher costs when exporting their products. DW examines the US president’s latest plan to renegotiate tariffs with the rest of the world....
Tariff & Trump: Mexico and Canada say they will respond by imposing tariffs of their own, despite a retaliation clause in the US order. Meanwhile, China pledged to challenge the US move before the WTO....
The Canadian government says it will impose a 100% tariff on imports of Chinese-made electric vehicles — matching levies introduced by the US. Prime Minister Justin Trudeau on Monday announced a 100% tariff on imports...
Many investors may be skeptical of the accuracy of Chinese data, but its stronger than expected February PMI animated the animal spirits and bolstered risk-taking appetites. Asia Pacific equities jumped, led by the 4.2% rally...
The capital markets are quiet today. Equity markets and bond yields have a slight upside bias, while the dollar is little changed. Despite reports that the lockdown in Chengdu is easing, Chinese equities underperformed in...
A GBP130 bln initiative by the new UK government to protect households from the surge in power costs helped lift sterling from 2.5-year lows. The Reserve Bank of Australia delivered the expected 50 bp rate...
Canada’s government has said it will ban the use of the two Chinese telecommunications giants’ 5G gear due to national security concerns. The move follows similar restrictions in other Western countries. Chinese telecommunications giants Huawei...
The new week does not mean new forces. The dollar is recouping some of what it lost ahead of the weekend after the disappointing US jobs growth, but yields continue to rise and many risk...
Record high closes yesterday for the S&P 500 and NASDAQ have done little to help global equities today. Most of the Asia Pacific region markets, but Japan and Australia slipped ahead of the weekend while...
A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
