Companies > Trading

Stocks drop as Trump's Latin American tariffs revive trade angst

5 monthes ago   |   By Reuters

Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.
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LatAm Daily Briefing: Brazil, Argentina Wake to Tariff Surprise

5 monthes ago   |   By Economy

President Trump argued that recent currency devaluations gave the countries unfair advantages.
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Trump administration proposes slapping new tariffs on $2.4 billion worth of French goods to retaliate against big tech tax

Trump administration proposes slapping new tariffs on $2.4 billion worth of French goods to retaliate against big tech tax

5 monthes ago   |   By Business Insider

The US proposed retaliatory tariffs against France on Monday for its new digital services tax.
Critics said the tax has disproportionately hit technology companies based in the US.
The US has separately prepared to broaden tariffs against the EU bloc as part of a long-running dispute over aircraft subsidies.
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The United States proposed retaliatory tariffs against France on Monday for its new digital services tax, which has targeted American technology giants like Amazon and Facebook.
The Trump administration said in a statement it was...
Read more ...

 

Trump's tariff ambush risks pushing Brazil closer to China

5 monthes ago   |   By Reuters

U.S. President Donald Trump's surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro's aim of forging closer ties with Washington and could push Latin America's No. 1 economy closer to Trump's top trade foe - China.
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US Steel, Marathon rise; Ollie's, Hovnanian fall

5 monthes ago   |   By Chron

NEW YORK - Stocks that moved substantially or traded heavily on Monday:
United States Steel Corp., up 55 cents to $13.67
President Donald Trump said the U.S. would impose tariffs on steel and aluminum imports from Argentina and Brazil.
Ollie's Bargain Outlet Holdings Inc., down $6.40 to $59
The retailer's founder and CEO, Mark Butler, died unexpectedly.
Marathon Oil Corp., up 31 cents to $11.96
Rising crude oil prices helped lift energy and oilfield services companies.
Newmont Goldcorp., up 34 cents to $38.74
The gold mining company announced a $1 billion stock buyback plan.
Bank of...
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Brazil's Bolsonaro under fire after Trump slaps tariffs

5 monthes ago   |   By Chron

SAO PAULO - Brazilian President Jair Bolsonaro's U.S.-focused foreign policy efforts suffered a severe setback on Monday when his American counterpart Donald Trump pledged to impose tariffs on steel and aluminum on the South American nation.
Trump initially leveled the threat by Twitter while accusing Brazil and neighboring Argentina, governed by U.S. allies Bolsonaro and Mauricio Macri, of manipulating their currencies and hurting American farmers.
Brazil's vice president denied the accusation, but Bolsonaro, who openly admires Trump, was reticent; the far-right politician said he could...
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