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Trump's Promise-Fulfilling Week? Beyond Reciprocal Tariffs, GOP Tax Cuts Set to Deliver Good News
TradingKey – As the public awaits President Donald Trump’s formal announcement of reciprocal tariffs on April 2, his tax-cut agenda may also notch a milestone victory this week. U.S. Republicans are drafting a tax bill that includes raising the state and local tax (SALT) deduction cap from $10,000..TradingKey
Wed, Apr 2
April 2 "Trump Liberation Day": Businesses and Consumers Struggle to Protect Their Wallets—Where Are the Safe Havens for Investors?
TradingKey – U.S. President Donald Trump is set to officially announce a reciprocal tariff plan at 4:00 PM local time on April 2 in the White House Rose Garden, as U.S. stocks continue to suffer amid volatile trade policy shifts.TradingKey
Wed, Apr 2
Gold price remains close to record high amid concerns over Trump’s reciprocal tariffs
Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day's modest retracement slide from a fresh record high. Investors continue to take refuge in traditional safe-haven assets amid the uncertainty over US President...
Fxstreet
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
Venezuela's oil exports fall 11.5% over US tariffs and sanctions, shipping data show
April 1 (Reuters) - Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data a
Reuters
Wed, Apr 2
Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports
April 1 (Reuters) - U.S. retailing giant Walmart WMT.N is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Reuters
Wed, Apr 2
Japanese Yen trades with negative bias against USD ahead of Trump’s reciprocal tariffs
The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday. The USD/JPY pair, however, remains confined in a range held since the beginning of this week as traders await a...
Fxstreet
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
Trump’s Liberation Day is upon us
Investing.com -- U.S. President Donald Trump’s reciprocal tariff announcement, now being called “Liberation Day”, is less than 24 hours away. Trump will be announcing the tariffs at the Rose Garden press conference event on Wednesday with cabinet members present, White House press secretary KarolinInvesting.com
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
White House to hold meeting on TikTok
WASHINGTON, April 1 (Reuters) - U.S. President Donald Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban, a White House official told Reuters.Reuters
Wed, Apr 2
US STOCKS-S&P, Nasdaq end higher as Wall Street gyrates in Trump-tariffs limbo
April 1 (Reuters) - The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration.Reuters
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
Tesla sales rout in Europe deepens amid anti-Musk protests
Sales in France, Sweden, Denmark, Netherlands fall for 3rd straight monthMusk's involvement in politics has stirred controversyTesla due to release Q1 sales data on WednesdayEV maker launching new version of popular Model Y Some showrooms vandalised in Stockholm, BerlinBy Alessandro Parodi Ap...Reuters
Tue, Apr 1
METALS-Copper hits lowest in nearly three weeks on tariff angst
By Eric Onstad LONDON, April 1 (Reuters) - Copper prices slipped to their lowest in nearly three weeks on Tuesday, on course for a fifth consecutive session of losses as uncertainty over U.S. tariffs outweighed positive data from top metals consumer China.Benchmark three-month copper CMCU3 on the...Reuters
Tue, Apr 1
