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Vietnam minister meets U.S. firms during visit for tariff talks
HANOI, May 21 (Reuters) - Vietnam's Trade Minister Nguyen Hong Dien met with U.S. firms such as Excelerate Energy, Lockheed Martin, SpaceX and Google during his trip to Washington for tariff negotiations with the Trump administration, state media reported on Wednesday.Vietnam wants the meetings ...Reuters
Wed, May 21
Japan's exports slow, shipments to US fall as tariffs bite
April exports rise 2% yr/yr, matches forecastExport to US fall 1.8% yr/yr on drop in automobile shipmentsJapan's trade surplus with US rises for 4th straight monthData highlight risks to economy from US tariffsBy Leika Kihara TOKYO, May 21 (Reuters) - Japan's export growth slowed in April...Reuters
Wed, May 21
Mexican Economy Minister Ebrard: Mexico’s US auto exports to benefit from tariff discounts
Mexican Economy Minister Marcelo Ebrard said late Tuesday that cars assembled in Mexico and exported to the United States (US) will be levied an average tariff of 15%, not 25%, clarifying that they will avail additional discounts that local products benefit from.
Fxstreet
Wed, May 21
China's Commerce Ministry says US measures on Chinese chips are bullying, protectionist
China’s Commerce Ministry said early Wednesday that US measures on China’s advanced chips are ‘typical of unilateral bullying and protectionism.’ Chinese authorities urged the US to immediately correct its erroneous practices.Fxstreet
Wed, May 21
Fed policymakers express concerns over economic and business sentiment
During a discussion panel hosted by the Federal Reserve (Fed) Bank of Atlanta, the San Francisco and Cleveland Fed Bank Presidents Mary C. Daly and Beth Hammack both took the opportunity to express concern about the current state of the US economy.Fxstreet
Wed, May 21
Fed officials expect tariffs to boost prices; White House downplays risk
AMELIA ISLAND, Florida, May 20 (Reuters) - Federal Reserve officials said on Tuesday that higher prices are coming on the back of rising U.S. import tariffs and counseled patience before making any interest rate decisions before it is clear whether the inflation shock will be fleeting or more persisReuters
Wed, May 21
RPT-LME WEEK-Trump's copper tariff threat still a lucrative bet for traders
US copper imports surged to 123,000 tons in March from 58,000 tons in FebruaryBulk carriers used for faster copper transport amid tariff uncertaintyCopper stocks in LME warehouses down nearly 60% since FebruaryUnusual copper shipments from Germany and Spain to US seen By Hongmei Li, Pratima Desai, L...Reuters
Wed, May 21
Japan's exports rise 2% on year in April, shipments to US slump
TOKYO, May 21 (Reuters) - Japanese exports rose 2% in April from a year earlier but shipments to the U.S. fell 1.8%, data from the Ministry of Finance showed on Wednesday.The year-on-year increase in total exports matched a median market forecast.Imports fell 2.2% in April from a year earlier, versu...Reuters
Tue, May 20
Fed officials say best choice is to wait before making any policy decision
AMELIA ISLAND, Florida, May 20 (Reuters) - The best thing for the Federal Reserve to do now is to wait before making any further policy decisions given the uncertainty around the impact of Trump administration policies, Cleveland Federal Reserve President Beth Hammack and San Francisco Fed President...Reuters
Tue, May 20
New intelligence suggests Israel is preparing possible strike on Iranian nuclear facilities - CNN
The United States (US) has obtained new intelligence suggesting that Israel is making preparations to strike Iranian nuclear facilities, even as US President Donald Trump has been pursuing a diplomatic deal with Tehran, multiple US officials familiar with the latest intelligence told CNN.Fxstreet
Tue, May 20
Moody's downgrade timed to jeopardize budget bill, says White House's Vought
May 20 (Reuters) - Moody's decision on Friday to downgrade the U.S. sovereign credit rating was timed to jeopardize the ability to get the budget bill through Congress, the director of the White House's Office of Management and Budget Russell Vought said on Tuesday. "I think they were tr...Reuters
Tue, May 20
