News
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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
Vietnam to host China, EU leaders in coming weeks amid US tariff risks, sources say
Xi to meet Vietnam's leaders on April 14, sources sayChina, Vietnam to discuss rail, other issues, sources sayNext week Spain's PM Sanchez, EU trade commissioner visit HanoiChina, EU, Vietnam run large trade surpluses with USBy Phuong Nguyen and Francesco Guarascio HANOI, April 2 (Reuters...Reuters
Wed, Apr 2
Thailand may lose up to $8 bln from potential US tariffs, says official
Thai semiconductor exports may face 25% U.S. tariffs, says officialThailand plans to increase imports to narrow trade gap with U.SThailand plans to cut tariffs on U.S. goods By Kitiphong Thaichareon and Orathai Sriring BANGKOK, April 2 (Reuters) - Thailand could suffer a $7 billion to $8 billion ...Reuters
Wed, Apr 2
Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners
White House closely guarding details of tariffs for major US trading partnersTrump aims to match countries' tariff rates, offset other barriers White House tariff announcement planned for 4 p.m. EDT/2000 GMTNew duties to stack on top of Trump's tariffs on cars, metals, Chinese goods By David...Reuters
Wed, Apr 2
Canada to avoid counter tariffs that risk jobs, price hikes – The Globe and Mail
Citing two federal trade advisers, The Globe and Mail reported early Wednesday that “Ottawa won’t impose levies on most US food and components that could hike the cost to families or cause mass layoffs or plant closings.”
Fxstreet
Wed, Apr 2
Thailand may see impact of up to $8 bln from U.S. tariffs, says official
BANGKOK, April 2 (Reuters) - Thailand could see an impact of $7 billion to $8 billion from U.S. tariffs that may be imposed, the commerce ministry said on Wednesday.Thai semiconductor exports may face tariffs of 25% from the United States, the ministry said, adding that it had a strategy on all dime...Reuters
Wed, Apr 2
White House says Trump will go ahead with tariffs as nervous world awaits trade war
WASHINGTON, April 1 (Reuters) - The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no details about the size and scope of trade barriersthat have businesses, consumers and investors fretting about an intensifying global trade warReuters
Wed, Apr 2
Australia to 'stand up for national interests' on US tariffs, says PM Albanese
By Kirsty Needham and Alasdair Pal SYDNEY, April 2 (Reuters) - Australian Prime Minister Anthony Albanese and his rival in a May election, Liberal Party leader Peter Dutton, said they would stand up for the country's national interests in the face of looming U.S. tariffs that could hit Austra...Reuters
Wed, Apr 2
RBA's Kent says will raise new OMO repo rate by 5bp to 10bp above cash rate target
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent late Tuesday outlined some changes to repo rates but stated that the changes have no implications for the stance of the bank's monetary policy.
Fxstreet
Wed, Apr 2
US Treasury Sec. Bessent says Trump will announce a maximum for tariffs, countries can then bring them down
US Treasury Secretary Scott Bessent said late Tuesday that the amounts announced on Wednesday are the highest the tariffs will go. However, countries could then take steps to bring the tariffs down.Fxstreet
Wed, Apr 2
