Trump says 'there'll be flexibility' on reciprocal tariffs
- The Trump administration plans to impose a 20% tariff on Chinese imports, affecting industries, including toys, and potentially raising prices by 15% to 20%, as stated by The Toy Association.
- President Donald Trump indicated there may be 'flexibility' on tariffs during his remarks in the Oval Office, stressing fairness in trade duties set to begin April 2.
- The Organisation for Economic Co-operation and Development lowered its U.S. GDP growth forecasts to 2.2% for 2025 and to 1.6% for 2026, anticipating negative effects from Trump's tariff policy.
- The Federal Reserve warned that Trump's tariffs could cause 'transitory' price increases for consumers and businesses, according to Fed Chair Jay Powell.
48 Articles
48 Articles
Trump Estimates '$4 Trillion Worth of Companies' Are 'Moving Back' to U.S.
President Donald Trump estimated that his administration has already identified "maybe $4 trillion worth of companies moving back or going to move back" to the United States thanks to his tariff policies.
The United States is the 13th customer country of the department's companies. The impact of the tariff increases due to come into force on 2 April is for the moment very vague. But the companies concerned are preparing for it, like Fermob. Established overseas in the early 1990s, the company of Thoissey took measures as early as November.
India, China Markets Gain In Asia, Europe Mixed; Dollar Eases - Global Markets Today While US Slept - SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)
On Friday, March 21, U.S. markets closed in green after President Trump signaled flexibility on upcoming tariffs and plans for trade talks with China. Markets, pressured by trade and policy uncertainty, saw some recovery this week. Fed officials emphasized patience on rate changes, citing the need to assess the economic impact of Trump’s trade measures. Most S&P 500 sectors fell Friday, led by materials, real estate, and utilities losses, while …
The AEX index on the Damrak rebounded on Monday, after the loss on Friday. Investors are mainly keeping an eye on developments in American trade policy. President Donald Trump wants reciprocal import duties to be imposed from April 2. These are duties against countries that have import tariffs on American products.
Channel News Asia
Dollar drifts as traders await Trump tariff clarity
TOKYO : The dollar drifted just below a three-week high versus major peers on Monday as traders cautiously awaited clarity on U.S. President Donald Trump's next round of tariffs.The euro rose slightly following three straight sessions of declines, while the yen edged lower against the greenback, pressured
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