INDICES
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G-20 Drops Anti-Protectionist Pledge as Price of U.S. Assent
EghtesadOnline: Finance chiefs of the world’s largest economies set aside a pledge to avoid protectionism and signed up to a fudged statement on trade instead, in response to the Trump administration’s call to rethink the global order for commerce.
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The Trump Trade Threat Could Unite the Rest of the World, EU Official Says
EghtesadOnline: U.S. President Donald Trump’s protectionist stance may propel Asian, Middle Eastern and Latin American economic powers into market-opening alliances with the European Union, a top EU official said.
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Exports prop up Japan fourth quarter GDP growth, U.S. protectionist risks loom
EghtesadOnline: Japan's economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery.
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Amazon warns that trade protectionism could hurt business
EghtesadOnline: Amazon.com Inc warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump's "America First" agenda.
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Trade war between China and the U.S. is a lose-lose - state media
EghtesadOnline: A trade war between China and the United States would harm both countries, the overseas edition of the state run People's Daily said on Wednesday, reflecting concerns over the protectionist, and anti-China stance taken by new U.S. President Donald Trump.
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Dollar on defensive, Asia stocks subdued amid U.S. trade unease
EghtesadOnline: The dollar was under pressure in Asia on Tuesday as U.S. President Donald Trump's focus on trade protectionism fueled suspicions his administration might seek a competitive advantage through a weaker currency.
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Dollar slips after Trump's protectionist address, Asia shares resilient
EghtesadOnline: The dollar slipped broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, offsetting optimism that he will follow through on promises of tax cuts and other stimulus.
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Dollar Declines, Gold Gains With Industrial Metals
EghtesadOnline: The dollar slumped after Donald Trump in his first days in office offered little news on his plans to boost growth while stirring concerns over protectionism. Metals and Asian shares outside of Japan rose.
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Trump’s Tough Talk Further Rattles World Capitals on Day One
EghtesadOnline: Donald Trump invoked the image of a U.S. plagued by weak borders, lopsided alliances and bad trade deals in an inauguration speech that hammered on his “America First” view of foreign policy and undermined hopes abroad that the new president would moderate his protectionist tone.
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IMF warns wave of U.S. protectionism would offset any stimulus gains
EghtesadOnline: Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.