Treasury Secretary Scott Bessent discussed a range of issues, from ongoing trade talks to potential tariffs and tax bills, on Fox News today. His comments came after President Trump’s social media post where he criticized the European Union (EU) and recommended a 50% tariff on the bloc, starting June 1.Bessent indicated that the 90-day pause in talks on April 2 was based on good-faith negotiatio ...
(Reuters) -European Union antitrust authorities are scrutinizing fees charged by payments processing giants Visa (NYSE:V) and Mastercard (NYSE:MA), Bloomberg News reported on Friday. Spokespersons for Visa and Mastercard did not immediately respond to Reuters’ requests for comment. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Should you inves ...
Investing.com -- In a note to clients on Friday, Mizuho TMT specialist Jordan Klein warned that escalating rhetoric from President Donald Trump targeting Apple (NASDAQ:AAPL) could spell trouble for the tech giant as it navigates global production shifts.“Tim Cook has no great outcomes here,” Klein wrote, following Trump’s social media threats to impose a 25% tariff on iPhones not made i ...
Investing.com -- Canada’s main stock index was down Friday on trade uncertainty following market open.By 9:40 ET, the bellwether S&P/TSX 60 index was down 3.5 points or 0.2%, having gained 0.1% in yesterday’s session.Toronto’s S&P/TSX Composite dropped 58.1 points or 0.2% following the previous session, in which the index posted gains of 14.8 points or 0.1%.Underpinning sentiment was ...