Auto executives pushed back Thursday on the Trump administration's proposal to dramatically raise tariffs on auto imports from the EU.
SYDNEY (Reuters) - The dollar declined on Monday against major currencies to its lowest in more than two weeks after U.S. President Donald Trump criticized the Federal Reserve’s tightening policy, while stocks slipped on fears of further trade protectionist measures.
TOKYO (Reuters) - Oil prices were mixed on Monday as finance ministers and central bank governors from the G20 warned that risks to global growth have increased with rising trade and geopolitical tensions among other vulnerabilities.
In the on-going trade “war” between China and the US, the Office of the US Trade Representative has stated that almost all tyres imported from China, as well as quite a few rubber products, polymers and other raw materials important that are vital for the rubber industry, will be subjected to a 10% tariff as proposed by the current US administration.
NEW YORK (Reuters) - U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States.
TOKYO (Reuters) - Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on U.S. goods while U.S. President Donald Trump’s criticism of Federal Reserve policy knocked the dollar.