President Donald Trump announced a new peace pact between Rwanda and the Democratic Republic of Congo, which he linked to US access to critical minerals. At a meeting in Washington, Trump claimed his administration had "succeeded where many others have failed," calling this the eighth war he has ended in less than a year. However, the reality on the ground is far more complicated, as fighting in eastern Congo continues despite the signing of the previous peace agreement. The agreement is not just about a ceasefire; it also concerns the mineral trade. The agreement grants US companies access...
The Producer Price Index (PPI) for final demand in the US rose 3.2% on a yearly basis in February, the data published by the US Bureau of Labor Statistics showed on Thursday (13/3). This reading followed the 3.7% increase recorded in January and came in below the market expectation of 3.3%. The annual core PPI rose 3.4% in the same period, down from 3.8% in January. On a monthly basis, the PPI was unchanged, while the core PPI declined by 0.1%.(Newsmaker23) Sumber: FXstreet
The number of Americans filing for unemployment benefits fell to 220,000 in the week ended March 9, 2025. That's down from the Labor Department's estimate of 226,000 on Thursday. Source: Newsmaker23
US President Donald Trump said Thursday (3/13) that he would impose 200% wine tariffs on all wine and other alcoholic products originating from EU countries if the bloc does not remove its tariffs on whiskey. "The European Union, one of the most hostile and abusive tax and tariff authorities in the World, created for the sole purpose of taking advantage of the United States, has just imposed a nasty 50% Tariff on Whiskey," Trump wrote in a post on Truth Social. "If this Tariff is not removed immediately, the US will soon impose a 200% Tariff on all WINE, CHAMPAGNE, & ALCOHOLIC PRODUCTS...
During a public meeting with Ireland's Prime Minister, or Taoiseach, Micheál Martin, United States (US) President Donald Trump took the opportunity to deliver another hodge-podge of comments addressing his usual variety of topics that White House watchers have become increasingly familiar with. Without sharing any specific details, President Trump declared that the EU has been "tough" on the US in terms of trade, noting that Europeans tend to not buy very many US-produced food products or vehicles. Given the enormous costs of shipping both durable and non-durable goods between two...
Canada will impose retaliatory tariffs on U.S. imported goods worth C$29.8 billion ($20 billion) effective on Thursday in response to U.S. President Donald Trump's steel and aluminum tariffs, Canada's Finance Minister Dominic LeBlanc said. Trump's increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty-free quotas and product exclusions expired, and as his campaign to reorder global trade norms in favor of the U.S. gains momentum. Canada is the biggest foreign supplier of steel and aluminum to the United States. "We will not stand idly by while...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
President Donald Trump announced a new peace pact between Rwanda and the Democratic Republic of Congo, which he linked to US access to critical minerals. At a meeting in Washington, Trump claimed...