Economy
German economic sentiment edges higher but recovery remains fragile
Germany’s ZEW economic sentiment slightly rose in October, yet annual inflation accelerated to 2.4% last month, driven by rising service costs. Markets fell, with the DAX down 0.9%, as renewed US-China trade tensions weighed on sentiment.
Economy
China's global exports are booming amid looming trade war with US
Trade numbers confirm that Chinese exports to the United States fell, but jumped globally, as a new 100% tariff threat from US President Donald Trump promises a rocky patch ahead of trade negotiations between the world's two strongest economies.
USA
Trump threatens new 100% tariff on Chinese imports
Expressing frustration with new export controls placed on rare earth elements by China, Trump threatened to place an additional 100% tax on Chinese imports, potentially escalating tariff rates close to levels that in April fanned fears of a global recession.
USA
Trump says there is 'natural conflict' with Canada as he hosts Carney
Trump downplayed the decline in Canadians visiting the US as a major issue, stressing that most Canadians “still love” the US and noting that relations between the two countries will fully restore after a trade deal is reached.