tariffs
Search documents
Standard Chartered CEO on US-China Trade, Middle East Business, Bank's Portfolio
Bloomberg Television· 2025-10-28 06:55
US-China Relations & Global Economy - De-escalation between the US and China is viewed as beneficial for global confidence and growth [1][2] - Tariffs have had a neutral impact on the bank's business, with increased financial market activity offsetting deferred investments [3][5] - Trade rerouting presents a significant opportunity for the bank, particularly in Europe, the Middle East, Asia, and Africa [6] - Trade is likened to water, finding a way to flow, creating opportunities for the bank [5][7] Regional Performance & Investment - Saudi Arabia is experiencing an investment boom, driving growth for the bank [8][9] - Egypt is on a path of recovery, contributing to the bank's positive outlook in North Africa and the GCC [10] - The bank has invested heavily in its wealth management presence in Dubai to serve the region [11] Credit Environment & Risk - The bank sees no signs of stress in its portfolio, despite some credit fears in the market [14] - Private credit is considered to be managed by professional investors, with potential for losses in a downturn, but not a systemic risk [15][16] - The bank remains positive for the rest of the year and into next year, citing robust credit environment and increasing trade [17][18] Digital Assets & Cryptocurrency - The bank distinguishes between cryptocurrencies (speculative instruments) and digital assets like stablecoins (lubricant for the digital economy) [20][21] - The digitization of money is considered a profound evolution, with all money eventually becoming digital [23] - The bank plays a critical role in bridging the old and new economies in digital assets, operating a leading institutional-grade cryptocurrency custodian marketplace [24][25] - Regulatory divergence poses a challenge in the digital asset space [25] - The bank has a cryptocurrency trading license but faces capital charge limitations on overnight positions [26]
X @Bloomberg
Bloomberg· 2025-10-27 21:05
Their domestic farm lobbies will squeeze both Trump and Modi over ethanol, @andymukherjee writes, making a deal on tariffs much harder to reach (via @opinion) https://t.co/uxbYJGi6kx ...
'Sold America's farmers out': Soybean farmer blasts Trump
MSNBC· 2025-10-27 20:32
Joining us now, US national editor for the Financial Times, Ed Loose, former Democratic Congressman from Ohio, Tim Ryan, soybean farmer and founder of the National Black Farmers Association, John Boyd Jr.., and reporter for Politico Canada, because there's also Canadian tariffs. We're going to talk about Mickey Jur Jurik. Everyone, thank you very much. All right, Ed, he's going to be meeting with uh President Xi. The soybean industry is going to be a big topic. Treasury Secretary Scott Bessant said, "So far ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-27 19:47
From @WSJopinion: Trump can boast about tariffs all he wants, but he shouldn’t get away with taking Reagan’s trade beliefs in vain https://t.co/IlIJvVwrds ...
X @Bloomberg
Bloomberg· 2025-10-27 18:50
What is the probability that the US Supreme Court will strike down President Donald Trump’s broad tariffs? (via @opinion) https://t.co/7fbBXnjabr ...
X @Bloomberg
Bloomberg· 2025-10-27 11:12
Nigel Farage says Donald Trump is a role model for government as he's "restoring faith in the democratic system"The Reform UK leader tells Mishal Husain the US president is sticking to his campaign pledge to use tariffs as a weaponSubscribe to the Mishal Husain show wherever you get your podcasts https://t.co/RXkPRfimaf ...
‘Spectacularly petty’: Trump slaps new tariff on Canada over Reagan TV ad spat
MSNBC· 2025-10-26 23:12
Today, a new escalation from President Trump announcing a fresh tariff hike on Canada. And it comes after an international spat over Ontario Premier Doug Ford's use of a 1987 Ronald Reagan radio address on tariffs and trade. The Reagan Presidential Foundation says the ad misrepresented Reagan's remarks and is reviewing its legal options on the matter.But back with us, we have Don and Susan and Jenna. So, Don, the president accused Doug Ford of using this ad to undermine the president's case at the Supreme C ...
Trump criticizes Canada for anti-tariffs ad hours before announcing 10% extra import tax
NBC News· 2025-10-25 21:26
Canada lied. I mean, what they did was terrible. They made up a fake statement by President Reagan.Reagan was a big supporter of tariffs when needed and we need tariffs for national security and they totally turned it around because they're getting hurt by tariffs and we're gaining by tariffs. So, I'm very disappointed in Canada. They lied.I mean, it was a it was a fraud what they did. >> What could What could they do to to get it back on track. >> I don't know.I mean, I'm satisfied with the deal we have. W ...
X @Bloomberg
Bloomberg· 2025-10-25 12:04
In this Wall Street Week, David Westin examines how AI is affecting a major university and how tariffs are hitting a tiny nation. https://t.co/VNH7yekNG1 ...
X @The Economist
The Economist· 2025-10-25 00:00
The tariffs Donald Trump has imposed on America’s aluminium, copper and steel imports have created vast arbitrage opportunities that metal traders are busy exploiting https://t.co/jfAy90qTVa ...