Economy


 Deutsche Bank sees case for jobs and business aid as UK faces tariff fallout

Deutsche Bank sees case for jobs and business aid as UK faces tariff fallout

April 07, 2025 10:19 PM AEST| By Investing

Investing.com -- Over the weekend, UK Prime Minister Keir Starmer proposed plans to protect industries from the tariff war and is expected on Monday to announce a reduction in the government’s elect

 Lutnick says Trump won't delay tarrifs, Bessent says US talking with 50 countries

Lutnick says Trump won't delay tarrifs, Bessent says US talking with 50 countries

April 07, 2025 04:43 AM AEST| By Investing

Investing.com -- Surrogates of U.S. President Donald Trump took to the airwaves on Sunday to reassure the public of his tariff policies despite stocks seeing a brutal sell-off on Thursday and Friday.

 Powell’s Fed to deliver just two cuts through 2026 even with Trump push: Barclays

Powell’s Fed to deliver just two cuts through 2026 even with Trump push: Barclays

April 06, 2025 08:15 PM AEST| By Investing

This article first appeared in Investing.com

 JPMorgan predicts US economic contraction due to tariffs

JPMorgan predicts US economic contraction due to tariffs

April 05, 2025 09:57 AM AEDT| By Investing

Investing.com -- On Friday, JPMorgan Chase (NYSE:JPM) Bank's Chief U.S. Economist, Michael Feroli, revised the bank's economic outlook sharply downwards in light of recent tariff announcements by the

 As markets suffer tariff-induced hit, MRB Partners warns real test still ahead

As markets suffer tariff-induced hit, MRB Partners warns real test still ahead

April 05, 2025 09:15 AM AEDT| By Investing

Investing.com -- Global markets have been deeply wounded this week as the trade war threatens to strangle economic growth, but MRB Partners warns the real test for risk assets lies ahead.

 Fed unlikely to save the day as global economy stares down tariff-induced abyss

Fed unlikely to save the day as global economy stares down tariff-induced abyss

April 05, 2025 06:23 AM AEDT| By Investing

Investing.com -- As the risk of recession rises sharply following the Trump administration's "Liberation Day" tariffs, some are counting on central banks, including the Federal Reserve, to save the da

 Citi, Goldman Sachs expect further RBI rate cuts after U.S. tariffs on India

Citi, Goldman Sachs expect further RBI rate cuts after U.S. tariffs on India

April 05, 2025 04:25 AM AEDT| By Investing

Investing.com -- Analysts at Citi and Goldman Sachs (NYSE:GS) expect additional rate cuts from the Reserve Bank of India (NSE:BOI) after the US imposed a 27% reciprocal tariff on Indian exports, which

 Canada's employment falls by 33k, down from expected gain of 10k

Canada's employment falls by 33k, down from expected gain of 10k

April 05, 2025 12:29 AM AEDT| By Investing

Investing.com -- Today, Statistics Canada reported a decline in employment by 33,000 jobs in March 2025, contradicting the expected gain of 10,000 jobs. The employment rate decreased by 0.2 percentage

 Trump: US open to tariff negotiations if countries offer 'something phenomenal'

Trump: US open to tariff negotiations if countries offer 'something phenomenal'

April 04, 2025 08:43 AM AEDT| By Investing

Invesitng.com -- President Donald Trump said on Thursday he is open to tariff negotiations if other countries offer something phenomenal, but stopped short of providing further details.

 Scotiabank raises Canada equity rating amid US tariffs

Scotiabank raises Canada equity rating amid US tariffs

April 04, 2025 05:27 AM AEDT| By Investing

Investing.com -- Thursday, Scotiabank (TSX:BNS) Global Equity Research announced adjustments to its equity ratings, responding to the recent imposition of broad tariffs by the US administration. While

 Carney: 'If the United States does not want to lead, Canada will'

Carney: 'If the United States does not want to lead, Canada will'

April 04, 2025 05:05 AM AEDT| By Investing

This article first appeared in Investing.com

 Senate bill introduced to curb Trump's tariff powers

Senate bill introduced to curb Trump's tariff powers

April 04, 2025 02:59 AM AEDT| By Investing

Investing.com -- As markets plunged on Thursday following President Trump's sweeping reciprocal tariff announcement, two senior members of the Senate Finance Committee, Republican Senator Chuck Grassl

 Canada escapes harsh U.S. tariffs, outlook improves - Jefferies

Canada escapes harsh U.S. tariffs, outlook improves - Jefferies

April 04, 2025 01:03 AM AEDT| By Investing

This article first appeared in Investing.com

 UK trade secretary optimistic about reducing new US tariffs - Bloomberg

UK trade secretary optimistic about reducing new US tariffs - Bloomberg

April 04, 2025 12:59 AM AEDT| By Investing

Investing.com -- The United Kingdom (TADAWUL:4280)'s Trade Secretary, Jonathan Reynolds, has voiced confidence in reducing the recent 10% tariff imposed on UK exports by the United States as officials

 Poilievre outlines tariff plan, proposes USMCA renegotiation

Poilievre outlines tariff plan, proposes USMCA renegotiation

April 03, 2025 07:37 AM AEDT| By Investing

This article first appeared in Investing.com

 Ontario's Ford calls for USCA deal, ready to drop tariffs

Ontario's Ford calls for USCA deal, ready to drop tariffs

April 03, 2025 02:51 AM AEDT| By Investing

Investing.com -- Ontario Premier Doug Ford has called for the removal of tariffs between the United States and Canada, while also criticizing the United States-Mexico-Canada Agreement (USMCA). In an i

 Trump’s Liberation Day is upon us

Trump’s Liberation Day is upon us

April 02, 2025 09:21 AM AEDT| By Investing

Investing.com -- U.S. President Donald Trump’s reciprocal tariff announcement, now being called “Liberation Day”, is less than 24 hours away.

 Israel scraps tariffs on US imports ahead Trump announcement

Israel scraps tariffs on US imports ahead Trump announcement

April 02, 2025 04:29 AM AEDT| By Investing

Investing.com -- On Tuesday, Israel's Finance Minister Bezalel Smotrich took a significant step by signing a directive to eliminate all remaining tariffs on imports from the United States. This move i

 Canadian PM Carney outlines economic plans and tariff response

Canadian PM Carney outlines economic plans and tariff response

April 02, 2025 04:05 AM AEDT| By Investing

Investing.com -- Canadian Prime Minister Mark Carney discussed his plans for the Canadian economy and potential tariff responses during a speech in Winnipeg today. The discussions come as U.S. Preside

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