Emerging market stocks slide on Trump tariff threats and strong dollar
MSCI’s emerging markets index, which tracks nearly $7.6tn in stocks across China, India, Brazil, South Africa and other markets, is down more than 10 per cent since hitting a two-and-a-half-year high on October 2. Developed market stocks are roughly flat over that period.
Trump's team reportedly discussing gradual tariff hikes — sending dollar lower and potentially boosting stocks
Donald Trump has been a strong proponent of import tariffs going into his upcoming administration, but how those tariffs will be implemented has been a big question on the minds of Wall Street. According to a recent Bloomberg report,
Trump Team Studies Gradual Tariff Hikes Under Emergency Powers
Members of President-elect Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting negotiating leverage while helping avoid a spike in inflation,
European Stocks Get Trump Tariffs Boost
European indexes were climbing Tuesday after a report said U.S. President-elect Donald Trump is considering raising tariffs gradually rather than aggressively in a bid to rein in inflation. Trump's incoming administration is discussing a plan to use the International Emergency Economic Powers Act to raise levies on foreign imports by 2% to 5% a month,
Stock Futures Rise as Trump Tariffs Report Lifts Markets
U.S. stocks looked set to rise on Tuesday as the market chose to focus on the positives from a report saying Donald Trump may take a more restrained approach to raising tariffs. The President-elect’s
Trump Economic Team’s Tariff Plans Trigger Dollar Weakness, Bond Yield Drop
The US dollar weakened against most major currencies, and Treasury yields fell after Bloomberg News reported that Donald Trump's incoming economic team is considering gradual tariff hikes. The Bloomberg Dollar Spot Index dropped as much as forty basis points,
Trump team’s rolling US tariffs would be ‘problematic’ for the Fed, UBS says
Upon his inauguration in a week, Trump has pledged to implement a new set of tariffs. This agenda has become the subject of protest from various nations, even as the market experience declines. Still,
Dollar weakens on reports of Trump team considering gradual tariffs
The US dollar experienced a broad decline against almost every major currency on Tuesday, following a Bloomberg News report that Donald Trump’s incoming economic team is considering a more gradual approach to imposing tariffs.
Trump Tariff Threat Starts to Ripple Through Canadian Oil Sector
US President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada — a threat that has been looming for more ...
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping ...
Trump pitches tariff collection agency
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Trump ...
Trump says he will create an 'External Revenue Service' agency to collect tariff income
President-elect Donald Trump on Tuesday announced plans to create a new agency called the External Revenue Service to collect ...
Trudeau, facing disagreements over US tariff response, to convene cabinet
Prime Minister Justin Trudeau, facing disagreements over how Canada should respond to threatened U.S. tariffs, will hold a ...
Canada seeks minerals partnership with US amid tariff threats
Where President-elect Trump sees a rivalry, Canada sees a potential friend. America’s neighbor to the north this week is ...
Alberta’s premier says she won’t support a move to stop energy shipments to US as tariff retaliation
The premier of Canada’s oil-rich province of Alberta says she would not support any move to stop energy shipments to the ...
Supply-Siders Battle Their Tariff Critics
Supply-siders have counted among their number the most dedicated and profound of all students of political economic history ...
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Rising anxiety for Canadian auto suppliers over Trump tariff threats
Tariffs as high as 25 percent on vehicles and parts entering the United States could shut down North America's entire ...
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Kentucky's bourbon industry faces historic surplus and looming tariff threat
The industry’s economic turbulence is further reflected in Brown-Forman’s recent decision to close its famed cooperage in ...
Canada ready to buy more American products to appease Trump’s tariff threat, ambassador says
Canada’s ambassador to Washington says Canada is prepared to buy more from the United States including its next fleet of ...
Gold gains on softer dollar as investors weigh Trump tariff impact
Gold prices rose on Tuesday, helped by a softer U.S. dollar and inflationary risks posed by President-elect Donald Trump's ...