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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
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 ESc...Reuters
Thu, Apr 3
Trump tariffs endanger global economic stability, ECB officials say
FRANKFURT, April 3 (Reuters) - U.S. President Donald Trump's decision to impose a raft of tariffs on key trade partner endangers global financial stability, will weigh on growth and increase volatility in inflation, key ECB policymakers said on Thursday. Among the closes U.S. allies, the EU ...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 EScv1 d...Reuters
Thu, Apr 3
German services sector grows modestly in March, PMI shows
BERLIN, April 3 (Reuters) - Germany's service sector maintained modest growth in March, extending its expansion streak to four months, though the pace slowed as new business continued to decline, S&P Global reported on Thursday.The final HCOB Purchasing Managers' Index (PMI) for the serv...Reuters
Thu, Apr 3
Vietnam maintains 8% growth goal amid US tariff challenge
By Khanh Vu and Phuong Nguyen HANOI, April 3 (Reuters) - Vietnam's Prime Minister, Pham Minh Chinh, pledged on Thursday to maintain the country's economic growth target of at least 8% for this year, despite the U.S. imposing a hefty 46% tariff on the Southeast Asian nation's exports. ...Reuters
Thu, Apr 3
Yields dive as Trump tariffs spark fears of recession
SINGAPORE/LONDON, April 3 (Reuters) - U.S. Treasury yields dived to multi-month lows on Thursday after U.S. President Donald Trump unleashed larger-than-expected tariffs on the world, sparking panic over the potential for recession and sending investors fleeing into safe havens.Reuters
Thu, Apr 3
