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[Reuters Analysis] Trump's tariff deadline delay brings hope, confusion to trade partners, businesses
Trump grows frustrated with lengthy, complicated trade talksLonger deadline comes with final tariff warning as US seeks leverageJapan, South Korea push for mutually beneficial deals with USSmall firms face losses, paralysis amid rapidly shifting tariff policiesBy David Lawder, Andrea Shalal, Timothy
Wed, Jul 9
Trump says Fed's Powell should resign immediately
WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell should resign immediately.
Wed, Jul 9
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Trump says BRICS nations to get 10% tariff 'pretty soon'
Trump says BRICS aims to hurt US dollarBrazil's Lula pushes back against criticism of BRICS No date set for BRICS tariffBy Andrea Shalal and Ricardo Brito WASHINGTON/BRASILIA, July 8 (Reuters) - U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tari...
Wed, Jul 9
Trump says pharmaceutical tariffs could reach 200%
By Andrea Shalal and Michael Erman WASHINGTON, July 8 (Reuters) - U.S. President Donald Trump on Tuesday said he plans to announce tariffs on imported pharmaceuticals which could reach 200% but he would give drugmakers about one year "to get their act together.""We're going to giv...
Wed, Jul 9
Investors head into Trump tariff deadline benumbed and blase
SINGAPORE/NEW YORK, July 6 (Reuters) - Global investors are heading into U.S. President Donald Trump's Wednesday deadline for trade tariffs palpably unexcited and prepared for a range of benign scenarios that they believe are already priced in.
Wed, Jul 9
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US STOCKS-S&P 500, Nasdaq set for higher open as investors pin hopes on trade talks
July 8 (Reuters) - The S&P 500 and the Nasdaq were poised for a higher open on Tuesday, as investors hoped that upcoming trade talks with trading partners could defuse the threat of a full-blown trade war, rekindled by President Donald Trump's latest tariff salvo.
Tue, Jul 8
Ford says Michigan EV battery plant 'on track' for production tax credits
July 8 (Reuters) - Ford Motor F.N said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules.
Tue, Jul 8
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Solar stocks down after Trump order seeks to end wind, solar energy subsidies
U.S.-listed shares of solar companies fall premarket** President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects** The order directs the Treasury department to enforce ...
Tue, Jul 8
S&P, Nasdaq futures tick up as focus turns to trade talks after tariff jolt
July 8 (Reuters) - Futures tracking the S&P 500 and the Nasdaq inched higher on Tuesday as investors assessed U.S. President Donald Trump's latest tariff salvo and pinned their hopes on fresh negotiations with key trading partners to stave off a full-blown trade war.
Tue, Jul 8
IBM rolls out new chips and servers, aims for simplified AI
SAN FRANCISCO, July 8 (Reuters) - International Business Machines IBM.N on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.
Tue, Jul 8
REFILE-GLOBAL MARKETS-Shares steady, yen slides after US issues tariff letters
Japan and South Korea face 25% tariffs by August 1European shares flat as investors await trade deal Goldman Sachs lifts S&P 500 return forecasts Aussie dollar rises as RBA keeps rates on holdBy Rocky Swift and Johann M Cherian TOKYO, July 8 (Reuters) - Global stocks were flat to marginally h...
Tue, Jul 8
Japan's Nikkei rises on weaker yen as Trump tariff deadline delayed
TOKYO, July 8 (Reuters) - Japan's Nikkei share average rose on Tuesday, buoyed by a weakening yen and as U.S. President Donald Trump gave an additional three-week grace period for tariff negotiations.
Tue, Jul 8
Australia's central bank stuns markets by passing up chance to cut rates
RBA holds rates at 3.85% despite market expectations for a cutAustralian dollar rises, bond futures fall after RBA decisionMarkets now favour rates bottoming at 3.10%, rather than 2.85%Treasurer Chalmers notes disappointment, cites progress on inflationBy Stella Qiu and Wayne Cole SYDNEY, July 8
Tue, Jul 8
S.Korean shares log biggest gain in two weeks as Trump extends tariff pause
South Korean shares on Tuesday recorded their strongest daily gain in two weeks, as U.S. President Donald Trump extended a pause on tariffs, boosting optimism around a potential trade deal.
Tue, Jul 8
Japan vows to seek U.S. auto tariff concessions in trade talks
Japan's top trade negotiator says held phone talk with LutnickJapan, US trying to agree on package of measures, Akazawa saysJapan won't sacrifice agriculture for early dealYen slumps on receding expectations of near-term BOJ rate hikeJuly 20 election may complicate trade negotiation outcomeB...
Tue, Jul 8
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Japan, South Korea face 25% tariffs as Trump ramps up trade war in letters to 14 nations
Trump extends negotiating deadline to August 1Stocks drop on tariff newsNew US tariffs debut, from 25% on Tunisia to 40% on Laos Treasury secretary says inbox full of trade offers Trump threatens BRICS nations with additional tariffsBy Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BR...
Tue, Jul 8
Vietnam, China agree to boost trade ties as Trump tariffs hit
HANOI, July 8 (Reuters) - Vietnamese Prime Minister Pham Minh Chinh and China's Premier Li Qiang have agreed to boost trade and investment ties between the two countries during a meeting on the sidelines of the BRICS summit in Brazil, Vietnam's government said on Tuesday.
Tue, Jul 8
South Korea trade minister seeks reduction in auto, steel tariffs
SEOUL, July 8 (Reuters) - South Korea's Trade Minister Yeo Han-koo said exemptions or reductions in auto and steel tariffs must be included in a trade deal with the U.S. in a meeting with U.S. Commerce Secretary Howard Lutnick, Seoul's trade ministry said on Tuesday.
Tue, Jul 8
BREAKINGVIEWS-CoreWeave’s $9 bln deal has a lot to live up to
By Robert Cyran NEW YORK, July 7 (Reuters Breakingviews) - When it comes to benefitting from the artificial intelligence boom, CoreWeave CRWV.O and Core Scientific CORZ.O are joined at the hip. Combining the two, which together provide data center infrastructure and sell computing power to AI dev...
Tue, Jul 8
Samsung to buy US healthcare services company Xealth
SEOUL, July 8 (Reuters) - Samsung Electronics 005930.KS said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business.
Tue, Jul 8
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