The United States will hold talks with Ukraine and European officials in London on Wednesday as US President Donald Trump pushes for an agreement to prevent a full-scale Russian invasion. According to informed sources, US Secretary of State Marco Rubio and Trump envoys Steve Vitkov and Keith Kellogg are expected to meet with the foreign […]
Three weeks after US President Donald Trump effectively declared a trade war on the world, new economic forecasts and surveys will point to its initial impact. The International Monetary Fund, a few blocks from the White House, lowered its economic growth forecast in its latest projections released on Tuesday. The following day, purchasing managers’ indices […]
US President Donald Trump said negotiators had made “major progress” in talks with Japanese officials as they seek to reach a deal to avoid the higher tariffs he has threatened to impose on US trading partners. Trump posted on his social media website after the meeting on Wednesday: “It was a great honor to meet […]
Data released by China’s National Bureau of Statistics on Wednesday showed that the country’s gross domestic product (GDP) grew by 5.4% year-on-year in the first quarter. This growth rate was higher than the 5.2% consensus forecast of economists surveyed by Bloomberg. In March, industrial added value rose by 7.7% year-on-year, the fastest growth since June […]
The US dollar rebounded slightly from its recent slump after the United States suspended tariffs on popular consumer electronics, but the recovery was curbed as President Donald Trump played down the exemption for the technology sector. On Monday morning, the US dollar rose by as much as 1% against the Swiss franc and more than […]
After the White House clarified that the US tariffs on China would not rise to 145%, US President Donald Trump said that his tariffs might cause “transition problems”, but he was confident in his plan. Trump said at a cabinet meeting on Thursday: “There will be costs and some problems during the transition period, but […]
U.S. Treasury bonds have long been hailed by Wall Street as rock-solid, zero-risk assets and have been investors’ top choice during times of panic. They have shown strong gains during the global financial crisis, the 9/11 attacks, and even when the U.S. credit rating was downgraded. But now, with President Donald Trump launching a full-scale […]
As global markets grow increasingly concerned that President Donald Trump’s escalating trade war could trigger a global economic recession, corporate bond sales in the United States have ground to a halt. According to informed sources, a $1.1 billion leveraged loan sale, originally intended to finance HIG Capital LLC’s acquisition of Canadian company Converge Technology Solutions […]
US President Donald Trump was negotiating with American allies in the final hours before the tariffs were fully implemented, but he insisted on imposing a 104% tariff on a wide range of Chinese goods, which dampened optimism about avoiding a brutal trade war. Trump and senior administration officials said Tuesday that the United States is […]
The American investor class – the top 10% who own almost all the stocks – is rapidly coming to terms with its diminished status in the era of Donald Trump’s trade offensive. From company executives who calculate stock options to billionaire hedge fund tycoons and everyone in between, they are now collateral damage. The market […]