Category: tariffs
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Where gas prices are likely to rise on heels of Trump’s tariffs
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Gas prices in some states are expected to rise early on Tuesday, as Canadian raw products imports are exposed to duties as part of President Donald Trump’s plan. The Trump administration has implemented the definitions of 25 % against imports from Canada and Mexico, as an exception to Canadian oil…
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Trump Tariffs to Drive Canada Into Recession, Cause Price Spike
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Bread path links PMN Business Canada’s economy is heading to contraction-the first since the Covid-19 crisis-if the tariff warfare with the largest commercial partner lasts for a long time. The author of the article: Bloomberg News Eric Hirtburg Posted 04 March, 2025 • 3 minutes read You can save this…
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Why tariffs ‘aren’t the problem’ in the stock market: Veteran trader
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Listen and subscribe to Trader Talk on Apple podcastand SpotifyOr wherever you find your favorite podcast. The markets have been shook through the escalating commercial talks with President Trump’s expansion in the customs tariff policies from his first term. The shares fell on Monday, when the S&P 500 (^Gspc) recorded…
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Dow sinks, S&P 500 posts worst day of 2025 after Trump forges ahead on tariffs
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US stocks plummeted on Monday afternoon, with selling accelerating in the last hour of trading after President Trump indicated there was “no room left” for tariff negotiations with Canada and Mexico, indicating that new levies against both countries will go into effect tomorrow. The S&P 500 (^GSPC) fell 1.7%, posting…
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Euro Climbs as Traders Focus on Ukraine, Tariffs: Markets Wrap
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(Bloomberg) – The euro earned early trading with Eastern European currencies, where the leaders of the region were quick to provide their support to Ukraine amid fears of American withdrawal. Most of them read from Bloomberg The joint currency increased by 0.3 % against the dollar, surpassing their main peers…
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Trump Orders Investigation Into Lumber Ahead of Likely Tariffs
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Bread path links PMN Business US President Donald Trump is asking the Ministry of Commerce to conduct an investigation into the national security damage offered by wood imports, and to lay the legal basis for the new definitions he pledged. The author of the article: Bloomberg News Skylar Woodhouse Posted…
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Looming Trump Tariffs Make US Steel Too Expensive at Home
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(Bloomberg) – The supply lines are a daily news message that tracks world trade. Subscribe here. Most of them read from Bloomberg An indelible steel tariff from US President Donald Trump, which does not start for two weeks affects American buyers who already see the cost of American minerals more…
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South Korea’s Exports Sputter as Risks Rise in Chips and Tariffs
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Bread path links PMN Business South Korea’s exports lost growth momentum in February with weakening the demand for semiconductor and officials to involve the United States in the hope of avoiding success from the Donald Trump tariff campaign. The author of the article: Bloomberg News Sam Kim and Sue Hyang…
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Bitcoin retreats to $85K as US confirms March Canada, Mexico tariffs
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Bitcoin (BTC) to $ 85,000 on February 27, Wall Street, with the market confirmation of the new American commercial tariffs. BTC/USD 1 hour graph. Source: CointeleGRAPH/TradingView The BTC price is sold, as Trump says, the customs duties will proceed Data from Cointelegraph Markets Pro and Tradingvief BTC/USD again shown from…
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Apple unveils $500bn US investment drive to circumvent Trump’s China tariffs
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Apple has announced plans to spend 500 billion dollars (400 billion pounds) and employ 20,000 additional employees in the United States, as it seeks to protect itself from the impact of the latest tariff for President Donald Trump targeting goods in China. Tim Cook, CEO of Apple, revealed a four…
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Tariffs Could Trigger Fed Rate Cuts and Crypto Bull Run. Can This Presale Explode?
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Earlier this week, Federal Reserve Governor Christopher Waller said that inflation is still very high, so more price cuts may be needed. while Fedwatch The probability of the next rate decreases on March 19 is only 2.5 %, the Trump war can change the difficult tariff. For the encryption market,…
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S&P 500 pops to another record while Dow, Nasdaq rise with tariffs, Fed minutes in focus
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The Federal Reserve kept fixed interest rates at its meeting in January. Minutes of this meeting, Released on WednesdayMost of the Federal Reserve officials have revealed policy support at restful levels. “Many participants indicated that the committee can retain the policy price at a restricted level if the economy remains…
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U.S. tariffs sour outlook for Canadian sugar and candy companies
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Bread path links PMN PMN Business PMN Agriculture PMN Retail and Marketing The author of the article: Canadian press Rosa Saba It was published on February 17, 2025 • Last update 28 minutes ago • 3 minutes read You can save this article by registering for free here. Or log…
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Third of UK entrepreneurs fear Trump’s proposed tariffs will hit business costs
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More than a third of the UK’s entrepreneurs are concerned about the financial impact of the proposed commercial tariffs Donald Trump, according to a new survey conducted by Network Network. The poll poll, which conducted between 10 and 11 February among the 400 members of Helm – who are born…
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Charting the Global Economy: US Inflation Picks Up Ahead of Tariffs
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Bread path links PMN Business American inflation has increased widely at the beginning of the year, reducing the chances of federal reserves to reduce interest rates soon. The author of the article: Bloomberg News Vince Gul and Molly Smith It was published on February 15, 2025 • 4 minutes read…
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S&P 500 nears record, Dow, Nasdaq jump as Trump announces reciprocal tariffs, delays implementation
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Two new readers of inflation for January showed more prices than Wall Street expected, but economists have found positive news for markets and federal reserves in the details. When assessing categories from both the Consumer Prices Index (CPI) and the product price index (PPI) that feed on the preferred inflation…
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Indonesia Seeks New Deals as ‘Shocking’ Trump Tariffs Roil Trade
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Bread path links PMN Business The Deputy Minister of Commerce, Di Roro Eastia Odia Potre, said that Indonesia is seeking to diversify its markets with the intensification of global protectionism, while taking steps to defend its local manufacturers. The author of the article: Bloomberg News Chandra Asmar and Eco Lavrorney…