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Dow, S&P end flat, Nasdaq snaps four-week decline on tariff hopes

March 22, 2025

NEW YORK, March 21 (Reuters) – The S&P and Dow eked out slight gains on Friday, erasing earlier losses after comments from U.S. President Donald Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared. Trump said there will be flexibility on tariffs and that his top trade chief plans to speak with his Chinese counterpart next week....

Exclusive: Some European officials weigh if they can rely on Fed for dollars under Trump

March 22, 2025

March 22 (Reuters) – Some European central banking and supervisory officials are questioning whether they can still rely on the U.S. Federal Reserve to provide dollar funding in times of market stress, six people familiar with the matter said, casting some doubt over what has been a bedrock of financial stability.The sources told Reuters they consider it highly unlikely the Fed would not honour its funding backstops —...

Pro-Trump senator meets China’s economy tsar amid trade tensions

March 22, 2025

BEIJING, March 22 (Reuters) – U.S. Senator Steve Daines, a strong supporter of President Donald Trump, met with China’s economy tsar, Vice Premier He Lifeng, on Saturday, marking the first visit by a U.S. politician to Beijing since Trump returned to the White House.Striking a cordial tone at the start of their meeting at the Great Hall of the People, the Chinese vice premier joked that the Montana...