Rebecca Choong Wilkins

2 weeks ago | financialpost.com | Rebecca Choong Wilkins |Alastair Gale |Ruchi Bhatia

“To me, a deficit is a loss,” Trump told reporters on Air Force One. “We’re going to have surpluses or, at worst, we’re going to be breaking even.” The lack of clarity over Trump’s demands is adding to frustration across the capitals hardest hit by his “Liberation Day” levies, which are set to take effect on Wednesday. With tariff levels set according to deficits, rather than actual reciprocal rates, governments are in the dark about what specifically they can do to avoid getting hammered.

2 weeks ago | bloomberg.com | Rebecca Choong Wilkins |Alastair Gale |Ruchi Bhatia

With panic spreading in markets across the globe, world leaders raced over the weekend to make offers to US President Donald Trump to lower tariffs across the board. The problem, however, is that it’s unclear what exactly Trump would find acceptable — or if he even wants to make deals at all. Trump set a high bar on Sunday night, telling reporters that any agreements would need to eliminate bilateral trade deficits.

2 weeks ago | edmontonsun.com | Rebecca Choong Wilkins |Alastair Gale |Ruchi Bhatia

Author of the article:Bloomberg NewsRebecca Choong Wilkins, Alastair Gale and Ruchi BhatiaPublished Apr 07, 2025  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. President Donald Trump arrives at the White House on Marine One, Sunday, April 6, 2025, in Washington.

4 weeks ago | news.bloomberglaw.com | Bei Hu |Rebecca Choong Wilkins |David Ingles

Apollo Global Management Inc. expects US interest rates to be higher over the next 24 months than they have been in last decade or two as the shift away from globalization sparks inflation. Technological advances led by artificial intelligence will then bring back deflation and lower rates in three to seven years, President Jim Zelter said in a Bloomberg Television interview in Hong Kong .

1 month ago | bloomberg.com | Linda Lew |David Ingles |Rebecca Choong Wilkins

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