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China's finance ministry announces tariffs to counter Trump trade moves
BEIJING, Feb 4 (Reuters) - China's finance ministry on Tuesday announced a package of tariffs on a range of U.S. products in an immediate response to a 10% tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.Reuters
Feb 4, 2025
BoJ’s Ueda: Central bank is aiming to achieve 2% inflation, as measured by overall CPI
Bank of Japan (BoJ) Governor Kazuo Ueda told the Japanese parliament on Tuesday that the “BoJ is aiming to achieve 2% inflation, as measured by overall CPI, on a sustainable basis.” Additional quotes Trend inflation refers to price moves excluding one-off factors.
Fxstreet
Feb 4, 2025
India's Modi invited to meet with Trump next week, White House official says
WASHINGTON, Feb 3 (Reuters) - U.S. President Donald Trump has invited Indian Prime Minister Narendra Modi to visit the White House next week, a White House official said, hours after a U.S. military plane departed to return deported migrants to the country.Trump spoke with Modi on Jan. 27, when he d...Reuters
Feb 4, 2025
Apple raises concern over first porn app on iPhone under EU rules
Porn app available on iPhone under EU's alternative app store ruleApple cleared Hot Tub for cybersecurity threats, but says does not approve of appAltStore backed by 'Fortnite' creator Epic GamesUpdates with responses from AltStore and Hot Tub in paragraph 9By Stephen Nellis Feb 3 (Re...Reuters
Feb 4, 2025
Apple raises concern over first porn app on iPhone under EU rules
Porn app available on iPhone under EU's alternative app store ruleApple cleared Hot Tub for cybersecurity threats, but says does not approve of appAltStore backed by 'Fortnite' creator Epic GamesBy Stephen Nellis Feb 3 (Reuters) - Apple AAPL.O on Monday criticized a pornography app ne...Reuters
Feb 4, 2025
WRAPUP 3-US manufacturing rebounds, tariffs could derail tentative recovery
Updates with Canada tariff delay in paragraphs 1-2US manufacturing expands for the first time since 2022New orders, factory employment measures increaseRaw material prices post fourth straight monthly riseImports rebound; raw materials inventories shrinkingConstruction spending surges 0.5% in Decemb...Reuters
Feb 3, 2025
Transatlantic trade war would hurt both sides, European leaders warn
EU leaders warn Trump's tariffs could spark trade war EU prepared with responses but aims to avoid escalating tensionsTariffs could backfire, affecting U.S. consumers tooAdds EU Commission head comments at final news conference in paragraphs 3-7By Lili Bayer and Jan Strupczewski BRUSSELS, Feb...Reuters
Feb 3, 2025
Fed's Goolsbee: Uncertainty warrants pause in rate cuts
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted during a radio interview during the late Monday session that economic uncertainty is exactly the type of thing that would trigger a pause in future rate cuts.Fxstreet
Feb 3, 2025
Canadian PM Trudeau: US tariffs on Canada to be delayed 30 days
Canadian Prime Minister Justin Trudeau announced late Monday that a tit-for-tat spat of trade tariffs between the US and Canada would be suspended for 30 days as the two countries agree to meet at the negotiating table.Fxstreet
Feb 3, 2025
WRAPUP 2-Fed officials see inflation risks from tariff surge
Updates to reflect Trump tariff suspension on CanadaFed's Collins says Trump's tariffs may drive up inflationCollins says Fed tariff reaction depends on what happens with pricesFed's Bostic, Collins see no need to lower rates again soonBy Michael S. Derby and Howard Schneider Feb 3 (R...Reuters
Feb 3, 2025
Fed needs to be careful, prudent on rate-cutting, Goolsbee says
Feb 3 (Reuters) - Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said on Monday that policy uncertainty, particularly over tariffs that could push up prices, argues for slowing the pace of the U.S. central bank's interest-rate cuts."We've got to be a little more caref...Reuters
Feb 3, 2025
