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Sell signal: Trump’s shallow virus plan blows floor out of markets
By Anshuman Daga and Tom Westbrook SINGAPORE (Reuters) – All global investors got from U.S. President Donald Trump’s coronavirus package were a shock travel ban on Europe and a flashing signal to sell, and none of the large-scale tax breaks or medical tests for Americans they’d been expecting. The deep disappointment with Trump’s much-touted plan, […]
Trump administration vows to push for 'broad reset' at WTO
WASHINGTON (Reuters) – The Trump administration will push for a broad reset of “outdated tariff determinations” at the World Trade Organization to right what it sees as years of unfair treatment of the United States, a top trade official will tell lawmakers on Wednesday. U.S. Trade Representative Robert Lighthizer said changes in the tariffs set […]
Mexican inflation seen accelerating in January: poll
MEXICO CITY (Reuters) – Mexican annual inflation likely accelerated in January, driven by higher prices for food, beverages and tobacco after tax changes at the start of the year, a Reuters poll showed on Tuesday. The median forecast of 15 analysts was for an inflation rate of 3.26%, up from 2.83% in December. If confirmed, […]