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US tariffs could shave up to half a percentage point off India GDP, says finance secretary

US tariffs could shave up to half a percentage point off India GDP, says finance secretary

Apr 23, 2025 | Economy

WASHINGTON (Reuters) -The direct hit from tariffs introduced by Donald Trump’s administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country’s Finance Secretary Ajay Seth said on Wednesday. “Now there is a...
Taiwan cabinet to ask parliament to unfreeze $4 billion amid budget standoff

Taiwan cabinet to ask parliament to unfreeze $4 billion amid budget standoff

Apr 22, 2025 | Economy

TAIPEI (Reuters) -Taiwan’s cabinet said on Tuesday it will ask the opposition controlled legislature to release more than $4 billion in funds frozen as part of a stand-off over this year’s budget, which the government says could seriously affect their...
China urges Japan to help fight US tariffs together, Kyodo reports

China urges Japan to help fight US tariffs together, Kyodo reports

Apr 22, 2025 | Economy

TOKYO (Reuters) -Chinese Premier Li Qiang has sent a letter to Japanese Prime Minister Shigeru Ishiba calling for a coordinated response to U.S. President Donald Trump’s tariff measures, Japan’s Kyodo news agency reported on Tuesday.The letter, sent via...
Britain makes $26 billion export finance support available amid tariff turmoil

Britain makes $26 billion export finance support available amid tariff turmoil

Apr 13, 2025 | Economy

LONDON (Reuters) – Britain said on Sunday it will expand financing support for exporters by 20 billion pounds ($26 billion), including those affected by U.S. tariffs, in an effort to give them stability and certainty in what it described as a new era of global...
Canada loses jobs in March for first time since 2022 on tariff uncertainty

Canada loses jobs in March for first time since 2022 on tariff uncertainty

Apr 4, 2025 | Economy

By Promit MukherjeeOTTAWA (Reuters) -Canada’s total employment fell and the unemployment rate ticked up in March, data showed on Friday, as the uncertainty around tariffs and their subsequent implementation forced companies to pause hiring and spurred some...
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates

Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates

Apr 4, 2025 | Economy

By Anna Hirtenstein(Reuters) – Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural gas and soybeans also dived as China retaliated against U.S. President Donald Trump’s aggressive tariffs. Beijing put forward a 34%...
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