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2 weeks ago | 
delfi.lt | Rebecca Choong Wilkins |Alastair Gale |Ruchi Bhatia
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2 weeks ago | 
bloomberg.com | Anup Roy |Ruchi Bhatia
Sanjay Malhotra (Bloomberg) -- India’s central bank cut interest rates, as expected, and signaled more easing to come as it seeks to bolster Asia’s third-largest economy in the face of damaging US tariffs. The Reserve Bank of India’s six-member monetary policy committee, headed by Governor Sanjay Malhotra, voted unanimously to lower the repurchase rate by 25 basis point to 6%, in line with a Bloomberg survey.
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2 weeks ago | 
bloomberglinea.com | Rebecca Choong Wilkins |Alastair Marsh |Ruchi Bhatia |Michael Nagle
Bloomberg — Mientras el pánico se apoderaba de los mercados de todo el mundo, los líderes mundiales se apresuraron durante el fin de semana a hacer ofertas al presidente estadounidense, Donald Trump, para que redujera los aranceles de forma generalizada. No obstante, el problema es que no resulta claro qué es precisamente lo que Trump considerará como aceptable, o si siquiera está dispuesto a llegar a un acuerdo.
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2 weeks ago | 
japantimes.co.jp | 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 U.S. 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. "To me, a deficit is a loss,” Trump told reporters on Air Force One.
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2 weeks ago | 
news.bloomberglaw.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. “To me, a deficit is a loss,” Trump told reporters on Air Force One.
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2 weeks ago | 
news.bloomberglaw.com | Rakesh Sharma |Ruchi Bhatia
A slump in crude oil prompted India to increase taxes on diesel and gasoline, a move that will help the government shore up its revenue. There will not be any change in retail fuel prices as local refiners will absorb the hike, Oil Minister Hardeep Puri told reporters. “They are in the pink of health. They will do well,” he said in New Delhi on Monday.
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2 weeks ago | 
bloomberg.com | Rebecca Choong Wilkins |Alastair Gale |Ruchi Bhatia
Con el pánico extendiéndose en los mercados de todo el mundo, líderes mundiales hicieron múltiples ofertas el fin de semana al presidente de EE.UU., Donald Trump, para reducir los aranceles en todos los ámbitos. El problema, sin embargo, es que no está claro qué es exactamente lo que Trump consideraría aceptable, o si siquiera quiere llegar a acuerdos.
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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.
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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.
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2 weeks ago | 
bloomberg.com | Rakesh Sharma |Ruchi Bhatia
Supply Lines is a daily newsletter that tracks global trade. Sign up here. India increased taxes on diesel and gasoline by 2 rupees a liter beginning Tuesday, a step that will help boost its revenue amid falling global crude oil prices.
