U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariffs regime continued to rattle markets.
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U.S. Treasury yields surged Wednesday as U.S. President Donald Trump's tariffs regime continued to rattle markets.
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The countries of the GCC -- Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar -- hold approximately 32.6% of the world's proven crude oil reserves.
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China's foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.
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Despite growing consternation and concern expressed by economists and CEOs, Trump administration officials have been stubborn in defending its trade policies.
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Donald Trump's move to impose tariffs on goods from around the world is leaving companies scrambling to decide where and how their goods are produced.
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Although far from a foregone conclusion, a robust pricing mechanism in the shipping sector would be considered one of the climate deals of the decade.
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India's central bank cuts policy rate by 25 basis points to 6% as U.S. tariffs kick in
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Analysts now talk not just of a war over trade, but one that could spread beyond technology to investment and other realms.
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European stocks opened lower on Wednesday, with markets struggling to maintain Tuesday's positive momentum.
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President Trump brushed off concerns about stock market declines after his tariffs were announced. "America is going to be very rich again very soon," he said.
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