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Tesla's German car sales continue to plummet in March
April 3 (Reuters) - Tesla TSLA.O saw its sales volume in Germany fall by 42.5% in March, according to the German road traffic agency KBA, although sales of battery electric vehicles picked up overall.KBA said on its website on Thursday that Tesla sold 2,229 cars in Germany in March, down 42.5% from ...Reuters
Thu, Apr 3
QUOTES-Executives, trade and labour associations on Trump's reciprocal tariffs
April 3 (Reuters) - President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.Trading partners are exp...Reuters
Thu, Apr 3
EUR/USD rallies as Trump’s reciprocal tariffs hit US Dollar hard
EUR/USD soars above the psychological figure of 1.1000 in Thursday’s European session. The major currency pair strengthens as the US Dollar (USD) takes the bullet for long-term transition in the United States (US) economy.
Fxstreet
Thu, Apr 3
REFILE-Thailand growth to be hit by US tariffs, finance minister says
BANGKOK, April 3 (Reuters) - Thailand's economic growth could be reduced by 1 percentage point due to the imposition of U.S. tariffs, the finance minister said on Thursday.To try to maintain exports, the government will import more U.S. goods, remove tariffs on some U.S. products as well as addr...Reuters
Thu, Apr 3
Trump tariffs set stage for wave of profit warnings
By Medha Singh April 3 (Reuters) - U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks. With President Donald Trump's multi-front trade war now in full effect, investors and analysts expect a barrage of corporate pro...Reuters
Thu, Apr 3
INSTANT VIEW-World markets slide as Trump tariffs fan trade war fears
April 3 (Reuters) - World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries. Stock markets tumbled and investors dashed to the relative safety of bonds, gold and the yen. S&P 500 futures ES...Reuters
Thu, Apr 3
Barclays sees 'high risk' of US recession this year
April 3 (Reuters) - There is a 'high risk' of the U.S. economy falling into a recession this year after President Donald Trump's sweeping new tariffs, Barclays said on Thursday.Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the U.S. and higher duties...Reuters
Thu, Apr 3
Gold price falls as markets reposition on Trump’s tariffs, the highest in over 100 years
Gold price (XAU/USD) falls after initially hitting a fresh all-time high at $3,167 in the early Asian session. Traders are starting to take profit, pushing the Bullion price to $3,130 at the time of writing on Thursday.
Fxstreet
Thu, Apr 3
Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister
SINGAPORE, April 3 (Reuters) - Singapore was disappointed to be slapped with U.S. tariffs of 10% despite the wealthy Asian financial hub having a free-trade agreement and running a bilateral trade deficit with the United States, Singapore's trade minister said on Thursday.Singapore could take co...Reuters
Thu, Apr 3
QUOTES-Executives, trade and labor associations on Trump's reciprocal tariffs
April 3 (Reuters) - President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.Trading partners are exp...Reuters
Thu, Apr 3
Euro zone yields fall, markets boost bets on ECB rate cuts after US tariffs
Markets increase bets on ECB rate cuts after US tariff fearsThey price a 90% chance of 25 bps ECB rate cut this monthGerman 10-year yield hit one-month lowGrowth risks are in focus, but inflation risks loomUBS expects White House's authority to be challenged in courtsBy Stefano Rebaudo April ...Reuters
Thu, Apr 3
Toronto home sales extend decline in March on trade uncertainty
By Fergal Smith TORONTO, April 3 (Reuters) - Greater Toronto Area home sales fell in March, adding to steep declines the month before, and home prices dropped for a third straight month as trade uncertainty crimped activity, Toronto Regional Real Estate Board (TRREB) data showed on Thursday.Seaso...Reuters
Thu, Apr 3
Japan 'disappointed' in Trump tariffs, will support businesses
Japan hit with 24% 'reciprocal' Trump tariff Nikkei loses 2.77% to close at eight-month low Daiwa Institute estimates 0.6% hit to 2025 GDP from tariffsJapan sets up task force to assess tariff impactBy Satoshi Sugiyama and Kantaro Komiya TOKYO, April 3 (Reuters) - Japanese Prime Minister...Reuters
Thu, Apr 3
UK services sector gathers pace but tariffs, payroll tax-hike fears grow - PMI
LONDON, April 3 (Reuters) - Britain's dominant services sector reported a pickup in activity and new orders last month but worries about rising employment costs, U.S. tariffs and a weaker economic outlook weighed on the outlook, an industry survey showed on Thursday. The S&P Global UK Servi...Reuters
Thu, Apr 3
