News
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One-month tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick says
March 6 (Reuters) - U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted to automotive products is likely to be extended to all products that comply with the U.S.-Mexico-Canada Agreement on trad...Reuters
Thu, Mar 6
Mexican companies hold back U.S.-bound exports, hoping for tariff reversal
By Jose Luis Gonzalez and Laura Gottesdiener CIUDAD JUAREZ, Mexico, March 6 (Reuters) - The flow of Mexican goods exported to the United States has slowed as companies anxiously hold back stock and wait to see if U.S. President Donald Trump might reverse his decision to implement 25% tariffs on M...Reuters
Thu, Mar 6
Canada's Ivey PMI rises to seven-month high in February
TORONTO, March 6 (Reuters) - Canadian economic activity expanded at the fastest pace in seven months in February as employment rose and prices heated up, Ivey Purchasing Managers Index (PMI) data showed on Thursday.The seasonally adjusted index rose to 55.3 from 47.1 in January, its highest level si...Reuters
Thu, Mar 6
US trade deficit hits record high in January on imports surge
Imports rise 10% amid tariff worriesIncrease in imports driven by industrial supplies and consumer goodsEconomists warn of potential GDP contraction in Q1WASHINGTON, March 6 (Reuters) - The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggest...Reuters
Thu, Mar 6
Fed's Harker says warning signs emerging for economy
By Michael S. DerbyNEW YORK, March 6 (Reuters) - Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday that while the economy is currently in good shape, there are warning signs of trouble looming. “Unemployment still low, still getting growth, but there are threats to this. W...Reuters
Thu, Mar 6
US fourth-quarter worker productivity revised higher
WASHINGTON, March 6 (Reuters) - U.S. worker productivity grew a bit faster than initially thought in the fourth quarter, helping to curb labor costs and providing a boost in the fight against inflation. Nonfarm productivity, which measures hourly output per worker, increased at a 1.5% annualized rat...Reuters
Thu, Mar 6
TEXT-Lagarde's statement after ECB policy meeting
March 6 (Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:Link to statement on ECB website: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250306~4307bd094...Reuters
Thu, Mar 6
ECB cuts interest rates and keeps door ajar to more easing
Deposit rate cut to 2.5% as expectedSays rates meaningfully less restrictiveCuts economic growth outlook, raises 2025 inflationLagarde press conference at 1345 GMT ECB Rate Decision Live By Balazs Koranyi and Francesco Canepa FRANKFURT, March 6 (Reuters) - The European Central Bank cu...Reuters
Thu, Mar 6
US weekly jobless claims fall more than expected
WASHINGTON, March 6 (Reuters) - The number of Americans filing new applications for unemployment benefits fell more than expected last week, suggesting that the labor market remained stable in February, though turbulence lies ahead from tariffs on imports and deep government spending cuts.Initial cl...Reuters
Thu, Mar 6
