Articles

  • 2 weeks ago | money.usnews.com | Dan Burns

    (Reuters) - The stock market plunge has more to do with the surprise emergence of China's DeepSeek artificial intelligence tool earlier this year than it does with President Donald Trump's policies, U.S. Treasury Secretary Scott Bessent said in an interview with Tucker Carlson released on Friday.

  • 3 weeks ago | streetinsider.com | Dan Burns

    1. TSLA2. SPY3. NCNO4. META5. EWTX Tweet Share E-mail0 shares FILE PHOTO: The Fitch Ratings logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) - The U.S. tariff rate on all imports has rocketed to 22% from just 2.5% in 2024 under the new global levies imposed by President Donald Trump, Fitch Ratings' U.S. economic research chief said on Wednesday.

  • 1 month ago | sg.finance.yahoo.com | Dan Burns |Christoph Steitz |Josephine Mason

    Dan Burns, Christoph Steitz, Josephine Mason Tue, 11 Mar 2025, 11:49 am 4 min read LONDON/NEW YORK, March 11 (Reuters) - Uncertainty brought by U.S. President Donald Trump's threats of tariffs and his shape-shifting trade policies are starting to have a chilling effect across many industries, businesses warn, as consumers pull back on everything from basic goods to travel.

  • 2 months ago | channelnewsasia.com | Dan Burns

    The new 25 per cent tariff rates on steel and aluminum imports into the United States are due to take effect on March 12, according to the executive orders signed by President Donald Trump on Monday. A U.S. official earlier had said the new rates would take effect on March 4. The full texts of the orders were not released for several hours after Trump signed them.

  • 2 months ago | staradvertiser.com | Dan Burns

    U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as households feared it may be too late to avoid the negative effects on their purchasing power from President Donald Trump’s threatened tariffs. The University of Michigan Surveys of Consumers today said its Consumer Sentiment Index dropped to 67.8 from January’s final reading of 71.1, which was also the consensus expectation among economists polled by Reuters.

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Dan Burns
Dan Burns @DanBurnsAuthor
25 Jun 21

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