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PRESIDENT Donald Trump’s decision to impose tariffs on steel and aluminium imports into the United States will have a wider impact than just the industry he is protecting, and comes after the January decision to impose tariffs on solar panels and washing machines. The tariff will take effect 15 days after March 8 when the order was signed.
Review: Coming into the trading week, the investment world stood aghast at US President Donald Trump’s latest big policy move to impose high tariffs on steel and aluminium imports.
NEW YORK (Reuters) - The departure of Gary Cohn as U.S. President Donald Trump's senior economic adviser has Wall Street pondering who would want to leave a well-paying job in the private sector to work in a White House marked by tension, turnover and legal troubles.
KUALA LUMPUR: The local market moved cautiously ahead following positive regional sentiment of the back of a planned meeting between US President Donald Trump and North Korean leader Kim Jong Un to discuss a halt to nuclear testing.
KUALA LUMPUR: The ringgit opened lower against the US dollar today against a strengthening greenback on the prospect of a full-blown trade war triggered by US President Donald Trump, said a dealer.
WASHINGTON: International Monetary Fund Managing Director Christine Lagarde said on Thursday that she feared a "tit-for-tat" escalation of trade retaliation over U.S. President Donald Trump's steel and aluminum tariffs that would sap business confidence and investment.
SYDNEY: Asian stock markets made guarded gains on Friday on news North Korean leader Kim Jong Un had offered to stop nuclear and missile testing and to arrange a meeting with U.S. President Donald Trump.
LONDON: JPMorgan Chase & Co executive Daniel Pinto warned equity markets could fall as much as 40% in the next two to three years. That would wipe out recent gains.