Impact of tariffs on developing countries could be ‘catastrophic’, says UN trade agency
By Olivia Le Poidevin GENEVA (Reuters) -Sweeping tariffs under U.S. President Donald Trump and countermeasures could have a “catastrophic” impact…
Day: April 11, 2025
China hits back at Trump tariff hike, raises duties on US goods to 125%
BEIJING (Reuters) -Beijing on Friday increased its tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump’s…
Foreign investors dump $6.5 billion of U.S. equities in a week
LONDON (Reuters) – Foreign investors dumped $6.5 billion of U.S. equities in the five trading sessions ending Wednesday, BofA Global…
Analysis-Mighty U.S. dollar feels heat as Trump’s tariffs spark trade turmoil
By Rae Wee SINGAPORE (Reuters) – In just a week, the dollar has gone from a safe haven to investors’…