Trump to Unleash nearly 40 Tariffs on China in Early 2025, Hitting Growth Poll

BENGALURUBEIJING, Nov 20 Reuters The United States could impose nearly 40 tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world39;s secondbiggest economy by up to 1 percentage point. The poll, the first on China39;s economy by Reuters since Donald Trump39;s sweeping election victory on Nov. 5, […]
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China Leaves Lending Benchmark LPRs Unchanged, as Expected

SHANGHAI, Nov 20 Reuters China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by higherthanexpected margins last month to revive economic activity. WHY IT39;S IMPORTANT The steady monthly loan prime rate LPR fixings come within market expectations, as recent rate cuts squeeze banks39; profitability and the yuan comes under […]
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Swiss Flag Concerns over Trumps US Tariff Hike Proposals

BERN, Nov 19 Reuters Switzerland said on Tuesday it was concerned by U.S. Presidentelect Donald Trump39;s proposals to raise tariffs and is considering how to respond if his new administration does so. Trump aims to shift the aggressive trade agenda from his first term into higher gear with acrosstheboard 10 tariffs on imported goods and even higher […]
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Taiwan Central Bank sees Peril in Trump Tariffs

TAIPEI, Nov 13 Reuters Taiwan39;s central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of U.S. Presidentelect Donald Trump. In a report to parliament ahead of governor Yang Chinlong taking questions from legislators on Thursday, the central bank said that if Trump follows through on his […]
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Fed Seen on Course for Rate Cuts after Weak Jobs Data

Nov 1 Reuters Any doubts the Federal Reserve will go ahead with an interestrate cut next week fell away on Friday after a government report showed U.S. employers added fewer workers in October than in any month since December 2020. The 12,000 increase in nonfarm payrolls last month was far short of the 113,000 economists had anticipated […]
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