Wall Street stocks rebounded on Friday after U.S. President Donald Trump struck a more conciliatory tone towards China, easing fears of escalating trade tensions. At the same time, concerns over regional banks subsided, lifting overall market sentiment.   In an interview with Fox Business, President Trump confirmed he would meet Chinese President Xi Jinping at […]

U.S. President Donald Trump on Friday signed an executive order extending tariff relief for automakers importing vehicle parts, while simultaneously formalising new 25% duties on imported medium and heavy-duty trucks and components, set to take effect from 1 November.   The move follows the administration’s Section 232 investigation into truck imports, initiated earlier this year […]

Argentina’s currency crisis deepened on Friday as the peso continued to depreciate against the U.S. dollar, despite multi-billion-dollar financial backing from Washington aimed at stabilising the economy.   The peso’s instability has rattled both consumers and investors ahead of Argentina’s mid-term elections next week. Concerned citizens rushed to buy U.S. dollars and household goods in […]

Mexican President Claudia Sheinbaum expressed confidence on Sunday that she would successfully negotiate a favourable trade agreement with the United States, despite the challenges posed by former President Donald Trump’s aggressive global tariff policies. Speaking to thousands of supporters while marking the first anniversary of her administration, Sheinbaum emphasised her commitment to securing beneficial agreements […]