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Tesla's China-made EV sales fall 11.5% y/y in March
BEIJING, April 2 (Reuters) - U.S. automaker Tesla TSLA.O sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles increased 156.9% from the previo...Reuters
Wed, Apr 2
Tesla's China-made EV sales fall 11.5% y/y in March
BEIJING, April 2 (Reuters) - U.S. automaker Tesla TSLA.O sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles increased 156.9% from the previo...Reuters
Wed, Apr 2
Estimating the impact of US-related uncertainty – Standard Chartered
Despite ‘Liberation Day’ announcements, we expect uncertainty to remain high over the coming months. Heightened trade policy uncertainty could potentially lower global GDP by c.1.0-1.5%. Most of this drop would reflect a decline in US output and that of other major economies.Fxstreet
Wed, Apr 2
Amid fast pace of change, Fed face time with businesses has become key to policy
Fed officials expend shoe leather to gauge fast-changing landscapeBusiness leaders say they are 'on hold, on pause, frozen'Confidence slides as Trump's 'Liberation Day' arrivesBy Howard SchneiderCHARLOTTE, North Carolina, April 2 (Reuters) - At the end of last year, when American...Reuters
Wed, Apr 2
RPT-US inflation swaps price in big short-term tariff impact, flag recession risk
By Gertrude Chavez-Dreyfuss NEW YORK, April 1 (Reuters) - Investors in financial derivatives called U.S. inflation swaps are betting that President Donald Trump's tariffs will have a hefty short-term impact on consumer prices that will recede in the next few years as recession concerns escala...Reuters
Wed, Apr 2
Maersk expects continued US growth but warns of growing uncertainty
COPENHAGEN, April 2 (Reuters) - Denmark's Maersk MAERSKb.CO, one of the world's largest container shipping groups, said on Wednesday it has seen robust demand in the United States so far this year and continues to predict U.S. growth although tariffs may cloud the outlook.Maersk's regula...Reuters
Wed, Apr 2
Ahead of US tariffs, Taiwan says it is 'indispensable' to global supply chain
TAIPEI, April 2 (Reuters) - Taiwan President Lai Ching-te said on Wednesday ahead of an announcement of sweeping import tariffs by the United States that the island is an "indispensable" member of the global supply chain and it would defend its companies' interests.Officials in President...Reuters
Wed, Apr 2
March Nonfarm Payroll Preview: Tariff Impact Takes Hold, U.S. Employment Continues to Soften – Is the S&P 500’s Decline Far From Over?
TradingKey - On April 4, the U.S. Bureau of Labor Statistics will release the March nonfarm payroll report. Wall Street expects that, due to the impact of Trump's tariffs, U.S. companies' hiring intentions have weakened, and nonfarm payrolls will decline.TradingKey
Wed, Apr 2
Italy business lobby lowers GDP forecast as U.S. tariffs loom
ROME, April 2 (Reuters) - Italy's main business lobby Confindustria on Wednesday cut its economic growth forecast for the country, warning that looming U.S. trade tariffs risked further worsening the outlook. U.S. President Donald Trump was expected to unveil a comprehensive tariff plan later ...Reuters
Wed, Apr 2
ADP Employment Change projected to show US job growth gaining in March
The US labor market is poised to steal the spotlight this week as concerns over a potential slowdown in economic momentum remain on the rise — an unease fueled by recent signs of slower growth and troubling underlying data, aggravated by the ongoing uncertainty surrounding US tariffs.Fxstreet
Wed, Apr 2
Australia to 'stand up for national interests' on US tariffs, says PM Albanese
Australia recorded first trade surplus with US in JanuaryUS, Australia have free trade agreementAustralia has said will not retaliateBy Kirsty Needham and Alasdair Pal SYDNEY, April 2 (Reuters) - Australian Prime Minister Anthony Albanese and his rival in a May election, Liberal Party leader Pete...Reuters
Wed, Apr 2
Vietnam to send deputy PM on US trip as tariffs loom, Bloomberg News reports
April 2 (Reuters) - Vietnam's Deputy Prime Minister Ho Duc Phoc and executives from companies including Vietnam Airlines JSC HVN.HM and Vietjet Aviation JSC VJC.HM will visit the United States this weekend as U.S. tariffs loom, Bloomberg News reported on Wednesday.The two airline officials are e...Reuters
Wed, Apr 2
Standard Chartered raises China 2025 GDP growth forecast to 4.8% from 4.5%
BEIJING, April 2 (Reuters) - Standard Chartered on Wednesday revised its 2025 economic growth forecast for China to 4.8% from 4.5%, given "stronger-than-expected" real activity performance in the first two months and the March PMI survey.The bank said China's real gross domestic product ...Reuters
Wed, Apr 2
