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Economy
Trump provides Mexico, Canada with temporary tariff reprieve
March 07, 2025 08:25 AM AEDT| By InvestingInvesting.com -- President Donald Trump on Thursday signed orders that exempted tariffs on goods and services that are compliant with the United States-Mexico-Canada Agreement, or USMCA, for nearly mo
Is the U.S. economy headed for recession?
March 07, 2025 03:15 AM AEDT| By InvestingInvesting.com -- Despite its forecasted 1.9% annualized contraction in first-quarter GDP, Capital Economics does not expect the U.S. economy to enter a full-blown recession, anticipating a rebound in
Trump considers tariff exemptions for Canada, Mexico agri goods - report
March 06, 2025 05:21 PM AEDT| By InvestingInvesting.com -- U.S. President Donald Trump is now said to be contemplating an exemption of specific agricultural products from tariffs enacted on Canada and Mexico, Bloomberg News reported.
Trump considers tariff exemptions for agricultural from Canada, Mexico - report
March 06, 2025 11:25 AM AEDT| By InvestingInvesting.com -- U.S. President Donald Trump is now said to be contemplating an exemption of specific agricultural products from tariffs enacted on Canada and Mexico, Bloomberg News reported.
US weighs one-month delay of auto tariffs on Canada, Mexico
March 06, 2025 05:31 AM AEDT| By InvestingInvesting.com -- The Trump administration is considering a one-month delay on newly imposed auto tariffs for Mexico and Canada, offering a temporary reprieve to automakers, according to a report from
BofA: U.S. tariffs remain 'alive and dead' at the same time
March 06, 2025 12:27 AM AEDT| By InvestingInvesting.com -- Bank of America analysts described the current U.S. tariff situation as both “alive and dead” at the same time, noting that tariff uncertainty is likely to persist until a renegot
Canadian petroleum industry urges export diversification following U.S. tariffs
March 05, 2025 07:27 AM AEDT| By InvestingInvesting.com -- In response to the recent implementation of across-the-board tariffs by the U.S., the Canadian Association of Petroleum Producers (CAPP) issued a statement today calling for Canada to
Wall Street will be ‘fine’, we are focused on ‘Main Street’ - Treasury's Bessent
March 05, 2025 03:27 AM AEDT| By InvestingUS Treasury Secretary Scott Bessent said the Trump administration is focused on Main Street, not Wall Street, in response to the market sell-off following tariffs on Canada, Mexico, and China.
US tariffs pose recession risk for Canada, Capital Economics warns
March 05, 2025 01:53 AM AEDT| By InvestingInvesting.com -- The imposition of US tariffs threatens to push Canada towards a recession, warns a report by Capital Economics. The tariffs, which are currently at 25% on most goods from Canada, coul
Atlanta Fed’s GDPNow now predicts U.S. economy will contract nearly 3% in Q1
March 04, 2025 08:29 AM AEDT| By InvestingThe Atlanta Fed’s GDPNow estimate now predicts the U.S. economy will contract 2.8% in the first quarter. This is almost double last week’s prediction of a 1.5% drop.
What’s next for UK shoppers and retail demand?
March 02, 2025 10:51 PM AEDT| By InvestingInvesting.com -- UK consumer spending is set for a modest recovery in 2025, according to Bank of America (NYSE:BAC) analysts, as real income growth and reduced monetary drag support demand.
BofA's take on what to expect from the EU auto action plan
March 02, 2025 10:45 PM AEDT| By InvestingInvesting.com -- The European Commission is set to announce its automotive industry action plan on 5 March. In a note this week, Bank of America (NYSE:BAC) analysts outlined key expectations, includin
Trump signs order to explore reciprocal tariffs on US trading partners
February 14, 2025 10:35 AM AEDT| By InvestingThis article first appeared in Investing.com
Trump's crackdown on illegal immigration risks rejuvenating inflation
February 12, 2025 08:03 AM AEDT| By InvestingInvesting.com -- President Donald Trump has promised to unleash the latest deportation in American history as part of his plan to heavily crackdown on illegal immigration, but while the economic impac
Futures higher as Trump says he will announce new tariffs - what's moving markets
February 10, 2025 08:43 PM AEDT| By InvestingInvesting.com - U.S. stock futures inch up on Monday, pointing to a positive start to a week that is likely set to feature new developments in President Donald Trump's trade policy, as well as all-imp
Futures higher, Amazon to report, earnings deluge - what's moving markets
February 06, 2025 08:33 PM AEDT| By InvestingInvesting.com - U.S. stock futures climb on Thursday as traders gauge a stream of corporate earnings and fresh U.S. economic data. Amazon (NASDAQ:AMZN) is set to report its quarterly results, with muc
Trump has less leverage over China than during prior trade war - Wells Fargo
February 05, 2025 11:03 PM AEDT| By InvestingInvesting.com - U.S. President Donald Trump may have "less leverage" in his recent trade spat with China than during a similar conflict in his prior administration, according to analysts at Wells Farg
Trump speaks with Trudeau, plans another call amid trade tensions
February 04, 2025 02:43 AM AEDT| By InvestingUnited States President Donald Trump on Monday said he spoke with Canadian Prime Minister Justin Trudeau and plan to speak with him again later today, amid escalating trade tensions between the two co
U.S. futures sink as Trump tariffs roil global markets - what's moving markets
February 03, 2025 08:33 PM AEDT| By InvestingInvesting.com - U.S. stock futures swoon following U.S. President Donald Trump's decision over the weekend to place fresh tariffs on some of America's closest trading partners. Canada, Mexico, and Chi
Futures higher; tech earnings in focus; Fed decision - what's moving markets
January 30, 2025 08:59 PM AEDT| By InvestingInvesting.com - U.S. stock futures climb following fresh quarterly reports from a slew of Big Tech companies, including Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META). Executives at these fi
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