No deal on China tariffs until Trump says yes
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The euro steadied near its lowest in a month on Wednesday, nursing steep losses this week as investors counted the cost of the U.S.-EU trade pact and looked ahead to policy meetings from the Federal Reserve and the Bank of Japan.
President Donald Trump’s flurry of trade deal announcements are so far proving light on detail — with key aspects still under negotiation, partners giving mixed signals about what they signed up for,
The 2025 MLB trade deadline is Thursday at 6 p.m. ET. If last year is anything to judge by, Wednesday and Thursday are going to be chaotic, with several teams making last-minute decisions on whether to be buyers, sellers or some hybrid combination of the two.
India's equity benchmarks were flat in early trade on Wednesday as gains in Larsen & Toubro following upbeat earnings were offset by investor caution ahead of the U.S. Federal Reserve's policy decision and a looming U.
France and Germany have warned about the economic fallout from the 15 percent tariffs European goods face in the U.S.
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Tariffs, including the 15% rate for most imports from the EU, would raise consumer prices by 1.8% in the short run, according to the Yale Budget Lab.
As European Union leaders work through the consequences of their new trading arrangement with the US, they are confronting the bitter reality of just how far they have fallen.
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal