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Trump, Irish leader meet amid differences on Gaza war, trade
Trump pledges reciprocal tariffs against EU, including IrelandMartin highlights US-Ireland investment ties, despite trade deficitLeaders discuss Gaza conflict, differing on Palestinian expulsionBy Andrea Shalal and Gram Slattery WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump critici...Reuters
Wed, Mar 12
Bank of Canada considered leaving rates unchanged, governor tells Reuters
By Promit Mukherjee and Caroline Stauffer OTTAWA, March 12 (Reuters) - The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for the seventh consecutive time, Governor Tiff Macklem said in an interview on Wednesday.The...Reuters
Wed, Mar 12
Mexican finance chief warns of economic slowdown with Trump's tariffs
Amador promoted to Mexican finance chief last weekTrump has pursued tariffs against both US neighbors MEXICO CITY, March 12 (Reuters) - Mexican Finance Minister Edgar Amador Zamora told lawmakers on Wednesday there are signs that economic growth is cooling largely due to growing trade tensions wi...Reuters
Wed, Mar 12
WRAPUP 4-Corporate gloom deepens as new Trump tariffs take effect
US steel and aluminium tariffs kick in, EU retaliatesPuma blames weak sales outlook on soft US and Chinese demand Porsche warns it may hike car pricesTariff flip-flops causing 'paralysis,' Franklin Templeton saysJPMorgan sees 40% chance of U.S. recession this yearCEO of Zara-owner Inditex sa...Reuters
Wed, Mar 12
French central bank trims growth outlook on trade tensions
PARIS, March 12 (Reuters) - France's economy will slow more this year and next than previously expected as trade tensions hit demand for French exports, the central bank said on Wednesday in its quarterly outlook.The euro zone's second-biggest economy is set to slow from 1.1% growth last yea...Reuters
Wed, Mar 12
REFILE-Trump, Irish leader to meet amid differences on Gaza war, trade
By Gram Slattery WASHINGTON, March 12 (Reuters) - U.S. President Donald Trump will meet with Irish Prime Minister Micheál Martin on Wednesday, with Trump's trade policies and the conflict in Gaza among the potential topics of conversation.The annual White House meeting to mark St. Patrick'...Reuters
Wed, Mar 12
US budget deficit for Trump's first full month in office reaches $307 billion
WASHINGTON, March 12 (Reuters) - The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, from a year ago, the Treasury Department said on Wednesday, even as growth in receipts outpaced that of spending.Receipts totaled $296 bil...Reuters
Wed, Mar 12
METALS-Copper hits multi-month peaks on improved China sentiment, US tariffs
By Eric Onstad LONDON, March 12 (Reuters) - Copper prices touched multi-month highs on Wednesday as traders prepared for potential U.S. tariffs, while investor sentiment got a boost from signs of improving demand in China and a possible ceasefire in Ukraine.Three-month copper on the London Metal ...Reuters
Wed, Mar 12
WRAPUP 2-US consumer inflation slows in February; tariffs expected to boost prices
Consumer price index increases 0.2% in FebruaryConsumer inflation rises 2.8% on year-over-year basisCore CPI gains 0.2%; advances 3.1% on year-over-year basisBy Lucia Mutikani WASHINGTON, March 12 (Reuters) - U.S. consumer prices increased moderately in February as higher shelter costs were parti...Reuters
Wed, Mar 12
BREAKINGVIEWS-US tariff tantrum threatens pricing progress
By Gabriel Rubin WASHINGTON, March 12 (Reuters Breakingviews) - Reading the latest U.S. inflation report is like flicking through old vacation photos: it looks nice, but the experience was only temporary. Consumer prices in February broke a recent hot streak, coming in below economists’ expectati...Reuters
Wed, Mar 12
Brussels has made EU liquor, beauty exports trade war targets, industries say
By Emma Rumney and Dominique Patton LONDON/PARIS, March 12 (Reuters) - Europe's spirits and cosmetics industries hit back at the European Commission's plan to slap tariffs on U.S.-made goods on Wednesday, saying it put the continent's far larger trade with the United States in those s...Reuters
Wed, Mar 12
US President Donald Trump: I have the right to adjust tariffs
During a public meeting with Ireland's Prime Minister, or Taoiseach, Micheál Martin, United States (US) President Donald Trump took the opportunity to deliver another hodge-podge of comments addressing his usual variety of topics that White House watchers have become increasingly familiar with.Fxstreet
Wed, Mar 12
Bank of Canada cuts rates by 25 bps, warns of tariff crisis
Trade conflict would slow first-quarter GDP, bank saidConflict could disrupt recovery in the jobs market, it saidInflation is expected to go up to around 2.5% in MarchChances of another rate cut in April are around 45%By Promit Mukherjee and David Ljunggren OTTAWA, March 12 (Reuters) - The Bank o...Reuters
Wed, Mar 12
French cosmetics body says tariffs on US makeup carry retaliation risk
PARIS, March 12 (Reuters) - France's cosmetics industry faces an "enormous" risk of retaliation by the United States, after the European Union said it would go ahead with tariffs on U.S. imports including makeup, an industry official told Reuters on Wednesday.France imports around 200 mi...Reuters
Wed, Mar 12
