World economy
Trump walked back his tariff rollout. But is the damage already done?
People walk by the New York Stock Exchange (NYSE) before the Closing Bell and the start of President Donald Trump’s news conference on tariffs on April 2, 2025 in New York City. Spencer Platt | Getty Images U.S. President Donald Trump offered his trading partners — and financial markets — some reprieve on Wednesday as […]
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CNBC’s Inside India newsletter: How much leverage does India have in trade talks with the U.S.?
US President Donald Trump speaks with the press as he meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news […]
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European stocks soar 7% as markets breathe sigh of relief after Trump tariff pause: Live updates
European markets rose sharply at the open on Thursday, after U.S. President Donald Trump temporarily reversed course on tariffs. The regional Stoxx 600 index was 7.04% higher shortly after the opening bell, with stocks across the board surging to place all individual sectors firmly in positive territory. Banking, tech and industrials stocks notched the biggest […]
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Investors flee to German bonds as Trump tariffs spark Treasury sell-off
Global bond markets were gripped by volatility on Wednesday, as the rollout of U.S. President Donald Trump’s reciprocal tariffs left investors scrambling to find safety in new areas — including German debt. U.S. Treasurys sold off on Wednesday as a new wave of duties came into force and China and the European Union announced fresh […]
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The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
U.S. President Donald Trump with Mohammed bin Salman, crown prince of Saudi Arabia, at the start of the Group of 20 summit on 28 June 2019. Bernd von Jutrczenka | picture alliance | Getty Images DUBAI, United Arab Emirates — The wealthy Arab Gulf states are in a better position than many other regions of […]
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European stocks plunge 2.6% at the open as Trump’s reciprocal tariffs take effect
European stocks opened lower on Wednesday, with markets struggling to maintain the positive momentum of the previous session as the U.S.’ country-specific tariffs started taking effect. The pan-European Stoxx 600 index was 2.55% lower shortly after the opening bell, with all sectors and major bourses firmly in negative territory. Regional banking, mining and oil and […]
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Cambodia hit with highest Trump tariff, but manufacturing ‘absolutely not’ coming back to U.S., trade group says
A garment factory in Phnom Penh, Cambodia. Bloomberg | Bloomberg | Getty Images Among the top goals for President Donald Trump and his administration in hitting trading partners with steep tariffs is bringing manufacturing capacity back to the U.S., even if it comes at the price of short-term market and economic duress. But in Cambodia, […]
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European markets set to open higher as tariff tensions rage on
European markets were set to start Tuesday’s trading day in positive territory after a four-day losing streak as red-hot tariff tensions rage on around the world. Stocks sank Monday, with the pan-European Stoxx 600 ending the day around 4.5% lower. This marked its lowest closing level since January 2024. Key regional indices including the U.K.’s […]
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Trump’s tariff chaos puts White House on defense as global markets tumble: Live updates
Trump touts drop in oil prices, driven by recession fears, as a victory Trump is touting the steep drop in oil prices — driven by fears of reduced demand in the increasingly likely event of a recession — as a policy win. “Oil prices are down, interest rates are down (the slow moving Fed should […]
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European stocks tank 6% at open as global tariff rout deepens
European stocks dropped sharply on Monday, deepening a global market rout that kicked off last week following the latest announcements of U.S. President Donald Trump’s tariffs regime. The pan-European Stoxx 600 was 6% lower shortly after the opening bell, with all sectors and major bourses suffering significant losses. Germany’s DAX index was more than 9.5% […]
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