Independent thinking for complex markets and current events
U.S. President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something to help some of the car companies with it,” Trump told reporters gathered in the Oval Office. The Republican …
*TRUMP: RAISING THE TARIFFS ON CHINA TO 125 PERCENT — zerohedge (@zerohedge) April 9, 2025 BREAKING: Trump is raising tariffs on China to 125%, but pausing tariffs on reciprocal and 10% tariffs on other countries for 90 days. This is AMAZING news. — Ian Miles Cheong (@ianmiles) April 9, 2025
President Donald Trump is threatening new 50% tariffs on China unless Beijing lifts its retaliatory duties on U.S. exports by tomorrow. The White House says any suggestion that Trump is considering a 90-day pause in tariffs is “fake news.” U.S. markets opened sharply lower Monday for a third trading session, as Trump’s tariffs paralyze global …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to remain at this level for a while to ensure inflation returns to the target range …