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Gold prices drop as Trump signals trade deals, extends tariff reprieve
July 7 (Reuters) - Gold prices dropped on Monday after U.S. President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieve for several countries, dampening demand for the safe-haven metal.
Mon, Jul 7
Investment firm Azoria postpones Tesla ETF after Musk plans political party
July 6 (Reuters) - Investment firm Azoria Partners said on Saturday it will postpone the listing of its Azoria Tesla Convexity exchange traded fund after Tesla TSLA.O CEO Elon Musk said he was forming a new U.S. political party.Musk made the announcement a day after polling his followers on the X so
Mon, Jul 7
Thailand to offer US more trade concessions to avert 36% tariff, Bloomberg News reports
July 6 (Reuters) - Thailand, in its latest proposal to avert steep U.S. tariffs, is aiming to boost bilateral trade volumes with the U.S. and reduce its $46 billion trade surplus by 70% within five years, reaching balance in seven to eight years, Finance Minister Pichai Chunhavajira told Bloomberg N
Mon, Jul 7
Trump calls Musk's formation of new party "ridiculous" and criticizes his own NASA pick
WASHINGTON, July 6 (Reuters) - President Donald Trump on Sunday called Elon Musk's plans to form a new political party "ridiculous," launching new barbs at the tech billionaire and saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk's business inter
Mon, Jul 7
Oil falls slightly ahead of expected OPEC+ output increase
OPEC+ expected to boost output in AugustIran reaffirms commitment to nuclear nonproliferation treatyUS tariff risks resurface as July 9 deadline loomsBy Amanda Stephenson CALGARY, July 4 (Reuters) - Oil futures slipped slightly in thin holiday trading on Friday, as the market looked ahead to this...
Fri, Jul 4
ECB's Wunsch: Inflation risk more downward than upward
BERLIN, July 3 (Reuters) - The risk of inflation is pointing downwards rather than upwards, Belgium's central bank governor, Pierre Wunsch, told Germany's Handelsblatt newspaper in an interview published on Thursday.Speaking on the sidelines of a central bank conference in Sintra, the Europe...
Fri, Jul 4
Stocks and dollar dip as Trump's spending bill passes, trade deal deadline nears
LONDON, July 4 (Reuters) - Stocks slipped on Friday as U.S. President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline for countries to secure trade deals with the world's biggest economy.
Fri, Jul 4
India proposes retaliatory duties at WTO against US tariffs on autos
NEW DELHI, July 4 (Reuters) - New Delhi has proposed retaliatory duties against the U.S. at the World Trade Organization, saying Washington's 25% tariff on automobiles and some auto parts would affect $2.89 billion of India's exports, according to an official notification.
Fri, Jul 4
Trump, disappointed by call with Putin, to speak with Zelenskiy on Friday
WASHINGTON, July 3 (Reuters) - U.S. President Donald Trump said early on Friday he came away disappointed from a telephone call with Russian President Vladimir Putin because it does not appear the latter is looking to stop Russia's war against Ukraine.
Fri, Jul 4
Japan's Nikkei inches higher as chip stocks track Wall Street's record finish
TOKYO, July 4 (Reuters) - Japan's Nikkei share average inched higher on Friday, as chip-related stocks tracked a strong overnight performance on Wall Street, though the gains were capped as investors locked in profits after a recent rally.
Fri, Jul 4
Asian stocks retreat from recent peaks as US tariff deadline looms
July 4 (Reuters) - Stocks in emerging Asian economies pulled back on Friday from recent peaks, as market participants took a cautious stance ahead of U.S. President Donald Trump's July 9 tariff deadline, while regional currencies dipped against a steady U.S. dollar.
Fri, Jul 4
Trump says will send letters, probably starting Friday, laying out tariff rates
WASHINGTON, July 3 (Reuters) - President Donald Trump on Thursday said his administration would start sending letters to countries, probably on Friday, to identify the tariff rates they would face on imports to the United States. Trump told reporters before departing for Iowa that he expected to s
Fri, Jul 4
Republicans, Democrats start gaming out Trump's tax-cut bill hit to 2026 elections
Democrats target Medicaid cuts as campaign ammunitionRepublicans argue tax cuts will boost economy by 2026Polling shows public concern over deficit and impact on low-income AmericansHouse seen as highly competitive, Republicans have easier path to defend SenateBy David Morgan, Richard Cowan and Andy
Fri, Jul 4
[Reuters Analysis] Trump extends his political power with 'big, beautiful' win in Congress
WASHINGTON, July 3 (Reuters) - As U.S. President Donald Trump worked to pass his signature spending bill, he blended charm and threats, bestowed gifts and bellowed frustration to bend Congress to his will.
Fri, Jul 4
Trump says he will put 20% tariff on Vietnam's exports
WASHINGTON/HANOI, July 2 (Reuters) - The United States will place a lower-than-promised 20% tariff on many Vietnamese exports, Donald Trump said on Wednesday, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.
Fri, Jul 4
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Republicans muscle Trump's sweeping tax-cut and spending bill through Congress
WASHINGTON, July 3 (Reuters) - President Donald Trump 's tax-cut legislation cleared its final hurdle in the U.S. Congress on Thursday, as the Republican-controlled House of Representatives narrowly approved a massive package that would fund his domestic agenda and push millions of Americans off hea
Fri, Jul 4
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EXPLAINER-Key healthcare provisions in Trump's tax bill
July 3 (Reuters) - The U.S. House of Representatives passed President Donald Trump's tax-cut and spending bill on Thursday, which contains sweeping changes to the government's Medicaid healthcare program covering about 71 million low-income Americans.
Fri, Jul 4
Solid US job growth masks loss of labor market momentum
WASHINGTON, July 3 (Reuters) - U.S. job growth was unexpectedly solid in June, but nearly half of the increase in nonfarm payrolls came from the government sector, with private industry gains the smallest in eight months as businesses battled rising economic headwinds.
Fri, Jul 4
[Reuters Analysis] Trump tax bill averts one debt crisis but makes future financial woes worse
NEW YORK, July 3 (Reuters) - President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse.
Fri, Jul 4
Clean-energy backers blast US budget bill as a setback
WASHINGTON, July 3 (Reuters) - Advocates of clean energy on Thursday decried the final passage of President Donald Trump's tax cut bill by the House of Representatives as a reversal of course on the energy transition, while fossil-fuel interests rejoiced.
Fri, Jul 4
