Trump awaits call from China, markets recover after carnage

US President Donald Trump said on Tuesday that he is waiting to hear from China before duties of more than 100% take effect, but other administration officials said they...

European Central Bank rates could fall faster as recession risk mounts

A global market rout induced by US President Donald Trump’s tariffs scheme has solidified the case for another ECB rate cut next week and supports arguments for even quicker...

Japan debt agreements affected as tariffs hit deals outlook across Asia

Three Japanese companies have postponed the sale of 100 billion yen ($678.43 million) worth of yen-denominated bonds in the wake of global financial market volatility induced by US tariff...

No ‘Fed put’ when it’s unclear which way economy may pivot

US Federal Reserve Chair Jerome Powell has sent strong messages when he felt they were needed, going on television to pledge maximum support for the economy when the COVID-19...

Deep plunge

Tariffs hit a sour note in NYC emporium of sweets

Economy Candy’s shelves brim with sweets from around the world — gummies from Germany, lollipops from Spain, chocolates from Japan and a panoply of candies from across the US....

State of mind

EU prefers to talk than fight with Washington over Trump’s tariffs

European Union ministers broadly agreed on Monday to prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted...

Trump tariffs make Easter bittersweet for Swiss chocolatiers

With the normally brisk Easter season around the corner, the mood in Switzerland’s chocolate business is bittersweet, thanks to high cacao prices and — now — the newly added...

Are Americans angry with Trump’s tariffs?

The protests that have erupted across the United States against President Donald Trump’s policies – and not just the tariffs – seem to suggest the businessman-turned-president has lost his...