While you were sleeping: Wall St awaits Trump tariff announcement
By Margreet Dietz March 9 (BusinessDesk) - Wall Street was mixed as it awaited an update about US President Donald Trump’s plans to impose tariffs on steel and aluminum imports that would prompt a global move towards protectionism. Trump will sign the formal proclamations...
While you were sleeping: Wall St slides as protectionism looms
By Margreet Dietz March 8 (BusinessDesk) - Wall Street declined, while US Treasuries rose, as concern about a global trade war, sparked by US President Donald Trump’s plans to impose tariffs on steel and aluminum imports, intensified. "It looks increasingly likely that Pre...
While you were sleeping: Trade tariff and nuclear tensions ease, for now
By Margreet Dietz March 7 (BusinessDesk) - Wall Street fluctuated as investors tried to gauge whether US President Donald Trump can be talked out of plans to impose stiff tariffs on steel and aluminum imports and avoid a wave of retaliatory measures from trading partners. ...
Dairy product prices slip for second straight auction
By Margreet Dietz March 7 (BusinessDesk) - Dairy product prices fell at the Global Dairy Trade auction, with whole milk powder declining amid an increase in supply. The GDT price index retreated 0.6 percent from the previous auction two weeks ago. The average price was US$3...