Apr 3, 2025 | Uncategorized
NEW YORK (Reuters) – U.S. President Donald Trump’s cumulative tariff hikes amount to about 22%, which would be equivalent to the biggest U.S. tax increase since 1968, according to a note from JPMorgan.The bank has raised its risk of global recession to...
Apr 2, 2025 | Uncategorized
By Nathan Gomes(Reuters) -U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump’s tariffs on auto imports, which could raise prices by thousands of dollars.General...
Apr 2, 2025 | Uncategorized
By Melanie BurtonMELBOURNE (Reuters) – The world’s biggest listed miner BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters.As part...
Apr 2, 2025 | Uncategorized
By Nick Carey and Nora EckertLONDON/DETROIT (Reuters) – Automakers with plenty of cars on dealer lots have a time advantage as they hone their strategies for passing on President Donald Trump’s 25% tariffs, while Toyota’s lean inventories could force...
Apr 2, 2025 | Uncategorized
By David LawderWASHINGTON (Reuters) -The Trump administration on Wednesday said it was slapping a 25% tariff on all beer imports, adding the beverage and empty aluminum cans to a list of derivative products subject to its tariffs on aluminum.The Commerce Department...
