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EXCLUSIVE-Ford to offer across-the-board discounts, jumping on recent tariff-induced sales bump
Ford to offers employee discount to all customers Ford builds 80% of U.S.-sold vehicles domesticallyFord's inventory exceeds industry average, boosting sales before price hikeBy Nora Eckert and Kalea Hall DETROIT, April 2 (Reuters) - Ford Motor F.N plans to announce discounts across multiple ...Reuters
Thu, Apr 3
Economic Indicator
Hefty Trump tariffs surprise markets, stocks slide
April 2 (Reuters) - U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries."It's our declaration of independence," Trump said at an event in the White House Rose Garden. "We will...Reuters
Thu, Apr 3
Other
Japan 10-year bond yield slumps after Trump imposes bigger-than-expected tariffs
TOKYO, April 3 (Reuters) - Japan's 10-year government bond yield fell sharply on safe-haven bets amid worries that U.S. President Donald Trump's bigger-than-expected wall of tariffs would dampen the global economy.
Reuters
Thu, Apr 3
Economic Indicator
US slaps 26% tariff on India amid ongoing bilateral trade talks
NEW DELHI, April 3 (Reuters) - The U.S. slapped a 26% reciprocal tariff on India in a setback to the South Asian country's expectation of getting relief from President Donald Trump's global trade policy that has unnerved world markets for weeks.Reuters
Thu, Apr 3
Forex
Dollar slides as traders rush into safe havens after US tariffs
SINGAPORE, April 3 (Reuters) - The dollar slid broadly on Thursday, while the euro was steady after U.S. President Donald Trump announced more aggressive-than-anticipated tariffs against major trading partners, jolting the markets as investors sought safe haven yen and Swiss franc.Reuters
Thu, Apr 3
Other
Brazil mulls 'all possible actions' as Congress lays framework for trade retaliation
BRASILIA, April 2 (Reuters) - Brazil said on Wednesday it is assessing all potential responses to the United States' 10% tariffs on imports from Latin America's largest economy, while its Congress approved a bill outlining the framework for trade retaliation."The Brazilian government is ...Reuters
Thu, Apr 3
Other
Tesla quarterly sales plunge as Musk backlash grows
Tesla's sales drop to the weakest in nearly three years Sales decline was more pronounced than analysts' expectationsTesla faces competition from BYD, Volkswagen, and BMWShares fall 7% in after-market trading after Trump tariff announcementBy Akash Sriram and Abhirup Roy April 2 (Reuters)...Reuters
Thu, Apr 3
Other
US Senate passes bill aimed at stopping Trump tariffs on Canada
Democrats needed support of at least four Republicans to win passageSenators say Trump tariffs will hurt businesses in their statesGoal of legislation is terminating Trump 'emergency' declarationHouse unlikely to approve measureBy Richard Cowan WASHINGTON, April 2 (Reuters) - The U.S. Sen...Reuters
Thu, Apr 3
Stocks
Trump's tariffs send markets reeling, amid trade war and recession fears
Trump announced 10% tariff on all importsTrumps sets higher reciprocal tariffs on many US trading partnersUS stock futures down 3.4%; yen, gold up By Saqib Iqbal Ahmed, Nupur Anand and Laura Matthews NEW YORK, April 2 (Reuters) - President Donald Trump's new tariffs announced on W...Reuters
Wed, Apr 2
Stocks
Australia's Elders, Australian Agricultural fall on Trump's tariff threats
** Shares of agribusiness firm Elders ELD.AX fall as much as 2.4% to A$6.6, their lowest since November 13, 2023 ** Stocks drop as U.S. President Donald Trump plans to impose a 10% baseline tariff on Australian exports ** In his much-awaited reciprocal tariff announcement, Trump singled out Australi...Reuters
Wed, Apr 2
Commodities
Nissan Motor To Suspend Part Of Production Line At Its Mexican Plant, Nikkei Says
April 3 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN MOTOR TO SUSPEND PART OF PRODUCTION LINE AT ITS MEXICAN PLANT, NIKKEI SAYSNISSAN MOTOR TO SUSPEND PARTIAL PRODUCTION IN MEXICO AS ITS PLANNED INCREASE IN PRODUCTION WILL END, NIKKEI SAYSSource text: [ID:]Reuters
Wed, Apr 2
Economic Indicator
Companies face a new reality of Trump tariff chaos
Tariffs could raise prices, threaten jobs and slow growth, economists warnCompanies may raise prices or cut investments to cope with tariffsImporters may avoid U.S. due to levies, risking economic slowdownBy Christoph Steitz, Casey Hall, David Gaffen FRANKFURT/SHANGHAI/NEW YORK, April 3 (Reuters)...Reuters
Wed, Apr 2
Other
US judicial panel votes to scrap key part of amicus disclosure rule
By Nate Raymond April 2 (Reuters) - A U.S. judicial panel voted on Wednesday to abandon a core part of a proposed rule aimed at increasing disclosure of who funds friend-of-the-court briefs by outside groups following backlash from the U.S. Chamber of Commerce and other trade associations.The U.S...Reuters
Wed, Apr 2
Forex
Tariffs will cause 'short term bumps,' Trump economic adviser tells Fox Business
WASHINGTON, April 2 (Reuters) - President Donald Trump's Council of Economic Advisers Chair Stephen Miran told Fox Business on Wednesday there will be short-term bumps caused by tariffs announced by Washington."Are there going to be short-term bumps as a result? Absolutely," Miran told F...Reuters
Wed, Apr 2
