U.S. tariffs News

Fitch Forecasts Significant Base Rate Cut by Bank of Korea to 1.75% Amid Economic Slowdown

Fitch Ratings forecasts the Bank of Korea will lower its base rate to 1.75% due to economic slowdown, with weak domestic demand and exports. The agency also discusses potential imp...

South Korea's Economic Sentiment Index Rises Slightly Amidst Global Tariff Tensions and Semiconductor Surge

South Korea's economic sentiment index improves slightly despite U.S. tariff concerns, driven by semiconductor sector growth. Manufacturing and non-manufacturing sectors show resil...

IMF Slashes Global Growth Forecast for 2025 to 2.8%, Citing U.S. Tariffs and Economic Reset

The IMF has revised its global growth forecast for 2025 down to 2.8%, citing U.S. tariffs and an economic reset. The U.S., China, and Eurozone face lowered growth projections, with...

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government predicts economic stagnation in 2025, a historic first of no growth for three consecutive years, due to global trade uncertainties and U.S. policies.

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government expects economic stagnation in 2025, marking the first time in history for three consecutive years of no growth. Revised forecasts attribute this to global tr...

South Korea's Exports Plummet 14.3% to U.S. Amid Escalating Tariff Wars and Global Trade Tensions

South Korea's exports to the U.S. dropped by 14.3% in early April amid tariff wars, contributing to a wider trade deficit. Exports to China and other regions also declined, though ...

ECB's Lagarde Warns of Exceptional Uncertainty Amid U.S. Tariffs and Calls for Euro Area Resilience

ECB President Christine Lagarde warns of exceptional economic uncertainty due to U.S. tariffs, while calling for urgent fiscal and structural reforms to boost the euro area's resil...

ECB's Lagarde Warns of Exceptional Uncertainty Amid U.S. Tariffs and Economic Challenges

ECB President Christine Lagarde addresses the economic uncertainty fueled by U.S. tariffs, noting potential growth in the euro area but warning of consumer and investment impacts. ...

ECB's Lagarde Warns of 'Exceptional Uncertainty' Amid U.S. Tariffs and Calls for Euro Area Resilience

ECB President Christine Lagarde warns of 'exceptional uncertainty' due to U.S. tariffs, with unclear impacts on the euro area economy. Despite signs of stabilization in manufacturi...

ECB's Lagarde Warns of Exceptional Uncertainty Amid U.S. Tariffs and Calls for Eurozone Resilience

ECB President Christine Lagarde discusses the economic uncertainty caused by U.S. tariffs and stresses the need for policy actions to strengthen the eurozone's resilience and compe...

Ford Threatens Vehicle Price Hike in May if U.S. Tariffs on Foreign Cars Stay Unchanged

Ford Motor Company may increase vehicle prices in May due to U.S. tariffs on foreign-made cars, as communicated in a memo to dealers. The move hinges on President Trump's tariff po...

Toyota Steps Up to Cover U.S. Tariff Costs, Easing Global Auto Industry Concerns

Toyota Motor Corporation will cover the added costs from new U.S. tariffs on imported cars, alleviating some concerns in the global automotive industry. Suppliers express anxiety o...

Asian Markets Rally as U.S. Pauses Tariffs on Key Electronics, Sparking Investor Optimism

Asian stock markets surged after the U.S. announced a pause on tariffs for certain electronics, including smartphones and computers, though semiconductor levies are pending. Key in...

ECB's Lagarde Vows to Utilize All Tools Amid U.S. Tariffs for Market Stability

ECB President Christine Lagarde announces the bank's preparedness to use all necessary tools to ensure financial stability against U.S. tariffs, amid observed market volatility but...

ECB President Lagarde Vows to Utilize All Tools Amid U.S. Tariff Turbulence

ECB President Christine Lagarde commits to using all necessary tools to maintain stability against U.S. tariffs, while monitoring market volatility and exchange rate impacts on inf...

Kashkari Warns: U.S. Tariffs Could Fuel Inflation, Challenging Fed's Strategy

Minneapolis Fed President Neel Kashkari discusses the impact of U.S. tariffs on inflation and economic growth, noting the Fed's challenge in ensuring tariffs don't lead to long-ter...

ECB's Lagarde Signals Readiness to Deploy Tools Amid U.S. Tariff Tensions

ECB President Christine Lagarde announces the bank's readiness to use all available tools to ensure stability amidst U.S. tariff tensions and market volatility, while closely watch...

ECB's Christine Lagarde Vows to Utilize All Tools Amid U.S. Tariffs for Market Stability

ECB President Christine Lagarde commits to using all necessary tools to ensure stability amidst U.S. tariffs, noting market volatility but confirming orderly operations. Exchange r...

ECB's Lagarde Signals Readiness to Deploy Tools Amid U.S. Tariff Tensions and Market Volatility

ECB President Christine Lagarde announces the bank's readiness to use available tools to maintain stability amidst U.S. tariffs and market volatility, while closely watching exchan...

Gold Prices Soar to Near Record Highs Amid Global Economic Uncertainty

Gold prices are nearing historic highs, with significant increases noted in both local and global markets. Economic uncertainty, including U.S. tariffs and potential rate cuts, is ...

Vietnam's Deputy PM Ho Duc Phoc Engages in Critical Tariff Negotiations with U.S. Treasury Secretary

Vietnam's Deputy PM Ho Duc Phoc is in the U.S. for crucial tariff negotiations amid new U.S. tariffs hitting Vietnam with a 46% rate. Meetings with U.S. officials and company execu...

Global Markets Tremble: KOSPI and KOSDAQ Plunge Amid U.S. Tariff Announcement

The KOSPI and KOSDAQ indices experienced sharp declines following the U.S. announcement of tariffs against China, with foreign investors pulling out and major Asian markets also af...

Gold Prices Surge 1% as Investors Seek Safe Havens Amid Tariff Tensions and Recession Fears

Gold prices climbed 1% as investors sought safe-haven assets amid fears of a global recession and uncertainty over U.S. tariff policies. Silver, platinum, and palladium also saw ga...

ECB's Simkus Advocates for a 25-Point Rate Cut in April to Ease Monetary Policy

ECB's Gediminas Simkus recommends a 25-point interest rate cut in April to adopt a less restrictive monetary policy, citing U.S. tariffs as a key factor. He rules out a larger cut,...

Gold Prices Surge 1% as Investors Seek Safety Amid Global Recession Fears and Tariff Tensions

Gold prices rose by 1% as investors turned to safe-haven assets amid fears of a global recession and uncertainty over U.S. tariffs. Silver, platinum, and palladium also saw increas...

ECB's Gediminas Simkus Advocates for a 25-Point Rate Cut in April Amid Trade Tensions

ECB's Gediminas Simkus urges a 25-point rate cut in April, citing U.S. tariffs and the need for a less restrictive policy. He dismisses a 50-point cut as excessive and discusses po...

ECB's Simkus Advocates for April Rate Cut: A 25-Point Reduction to Ease Monetary Policy

ECB's Gediminas Simkus urges a 25-point interest rate cut in April to adopt a less restrictive monetary policy, citing U.S. tariffs as a key factor. He excludes a 50-point cut, war...

South Korea Seeks U.S. Tariff Exemption for Copper Products Amidst Rising Trade Tensions

South Korea's trade association urges the U.S. to exempt its copper products from tariffs, citing minimal market share and significant U.S. investments. Concerns over impacts on po...

ECB's Simkus Advocates for a 25-Point Rate Cut in April to Ease Monetary Policy

ECB's Gediminas Simkus urges a 25-point rate cut in April to adopt a less restrictive monetary policy, citing U.S. tariffs as a key factor. He excludes a 50-point cut, predicting t...

Gold Prices Surge 1% as Investors Seek Safe Havens Amid Global Tariff Tensions

Gold prices increased by 1% as investors turned to safe-haven assets amid fears of a global recession and anticipation of responses to U.S. tariffs. Silver, platinum, and palladium...

Chinese State-Owned Enterprises Rally to Bolster Stock Market Amid U.S. Tariff Tensions

In response to market instability caused by U.S. tariff policies, China's state-owned enterprises, including China Reform Holdings Corp. and China Chengtong Holdings Group, have an...

Korea's Trade Minister Heads to U.S. Amid Rising Tariff Tensions: A Strategic Move to Protect Export Interests

Korea's Trade Minister Cheong In-gyo visits Washington to negotiate lower U.S. tariffs amid President Trump's global tariff enforcement, aiming to protect Korean export interests.