The International Monetary Fund raising the curtain on their 2025 annual meetings kicking off next week, outlining expectations for the global economy amid quote exceptionally high uncertainty. Joining us here first on CNBC is IMF managing director Cristina Gorgva. Madame MD, welcome back.It's nice to have you. >> Great to be with you. >> So, it sounds like you're saying the global economy, here's how you you characterize it, better than feared, but worse than we need.I I've been really eager to ask you par ...

The US and Mexico share an interest in reducing China’s economic footprint on the continent — a problem that neither country’s unilateral tariffs will fix, says @JPSpinetto (via @opinion) https://t.co/Ev9xZeCeEJ ...

Core Insights - The iShares MSCI Brazil ETF experienced a significant inflow of $285 million in the week leading up to a call between President Trump and Brazilian President Lula da Silva, discussing potential tariff reductions [2] - The ETF has shown a year-to-date increase of over 37%, indicating strong performance despite previous tariff announcements [2] - In contrast, the iShares MSCI India ETF has only returned 0.23% year to date, highlighting India's underperformance in the ETF category amid similar tariff challenges [3] Brazil's Performance - Brazil's exports to countries other than the US have increased, mitigating the impact of the 50% tariffs imposed on Brazilian goods [2] - The inflow into the Brazil ETF marks the first net inflows since the tariffs were announced in July [2] India's Situation - The Nifty-50 index in India has seen a marginal increase of 2% since the implementation of the tariffs, driven by domestic sectors like financials and consumer discretionary [3] - Key export-oriented sectors such as IT and pharmaceuticals are not affected by the tariffs, contributing to the muted market reaction [3] China's Performance - The KraneShares CSI China Internet ETF and the iShares MSCI China ETF have returned nearly 46% and 43% respectively, indicating strong performance despite some institutional divestment from China [3] Caution in Emerging Markets - Investors in single-country funds, particularly in emerging markets, are advised to exercise caution and monitor their investments more frequently compared to the US market [4]

The Swiss government extended its support for companies that reduce working hours because of a demand slump from US tariffs https://t.co/U0uJnq0Frw ...

Market Overview - European stocks experienced a slight increase, with banks and energy sectors leading the gains despite political instability in France and concerns over a U.S. government shutdown [1] - The pan-European Stoxx 600 rose by 0.4 percent to 571.63 after a 0.2 percent decline on Tuesday [2] Industry Performance - German industrial production fell 4.3 percent year-on-year in August, contrasting with a 1.3 percent increase in July, and was worse than the expected 1 percent decline [1][2] - The German DAX increased by 0.3 percent, France's CAC 40 climbed 0.6 percent, and the U.K.'s FTSE 100 added 0.4 percent [2] Company Highlights - Commerzbank, Deutsche Bank, and Credit Agricole saw their shares rise by around 1 percent [2] - BP Plc's stock increased by 0.6 percent, benefiting from higher oil prices [2] - Nordex SE, a German wind turbine manufacturer, rose nearly 2 percent after securing orders in the U.S. totaling 236 megawatts [3] - Aurubis, a copper producer, fell by 5.6 percent as it set earnings targets for the 2025/26 financial year in line with previous guidance [4] - ABB shares increased by 1.4 percent following the announcement of the sale of its global robotics division to SoftBank Group for $5.38 billion [4] - Givaudan's stock rose by 1.2 percent after announcing a CHF187 million ($233 million) investment in a new production plant in Ohio, U.S. [5] - BMW's shares plunged 8.2 percent after the company cut its profit forecast due to U.S. tariffs and weaker growth in the Chinese market [5] - ASML Holding's stock declined by 1.3 percent amid calls from U.S. lawmakers for broader bans on chipmaking equipment sales to China [5] - Lloyds Banking Group's shares rallied by 2.3 percent as the bank assessed the FCA's motor finance redress scheme [6] - Bunzl's stock fell by 1.2 percent after completing two new acquisitions in Ireland and Spain [6]

As US President Donald Trump’s tariffs redraw agricultural alliances, major world powers are deepening ties with African trading partners https://t.co/FuYJuVrR3p ...

Mexican officials vowed to push back against new tariffs the Trump administration is planning on heavy trucks, yet another hurdle the US is throwing in front of its southern neighbor ahead of next year’s review of their trade deal https://t.co/UDgqyM0HaN ...

We're joined on Bloomberg TV and radio by Republican Senator Rand Paul of Kentucky. Senator, it's great to have you back on Bloomberg. Welcome.Thanks, Robert. Absolutely. I'm going to start with the government shutdown, which is, of course, driving so much of the conversation here in Washington, D.C. And you're in a unique situation. You're standing alone among Republicans in the Senate.Are you. The last debt and deficit hawk among Republicans in the upper chamber. Feels that way sometimes.Yeah. You know, t ...

Core Points - President Trump defends tariffs as a necessary correction to trade imbalances, asserting that the U.S. will no longer be exploited by other nations [1][2] - The U.S.-Canada trade relationship is significant, with Canada being America's second-largest trading partner and its largest foreign investor [5][7] - Tariff revenues have reached record levels, totaling $215.2 billion for fiscal year 2025, with August and September alone contributing $62.6 billion [8][9] Trade Relations - The U.S.-Canada trade relationship was valued at over $762 billion last year, with Canada depending on the U.S. for more than 75% of its exports and nearly 50% of its imports [7] - U.S. exports to Canada were approximately $350 billion in 2024, highlighting the depth of economic ties [7] Tariff Revenues - Tariff revenues have shown a steady increase, rising from $17.4 billion in April to $29 billion in July [9] - The Supreme Court is currently reviewing the legality of Trump's tariffs, which are a central aspect of his economic policy [12][14] Business Impact - American businesses pay import taxes directly, which are often passed on to consumers through higher prices, indicating that consumers bear much of the tariff burden [11]

Tariffs, higher costs and Chinese retaliation hit hard https://t.co/l4uWKRDWW3 ...