Europe's growth
Nagel: "Tariffs are slowing down global growth"
Donald Trump's new tariffs are slowing down global growth, according to ECB chief Joachim Nagel.
- Growth prospects have deteriorated sharply, he tells Reuters.
At the same time, Nagel emphasizes that the ECB is doing its part to support Europe and that it is on track to reach its inflation target this year. The central bank has already cut interest rates six times in the past year, and another cut may be on the agenda at the meeting on April 17.
Swedish growth
Thedéen warns: Tariffs could "put ripples in the water"
The US tariffs are unilaterally negative and also risk cooling the economy and growth prospects. This is what Riksbank Governor Erik Thedéen tells DI.
According to Thedéen, there is a risk that both households and industry will choose to postpone purchases and investments.
- Then it could, like ripples in the water, have effects on the Swedish economy, he tells the newspaper.
Nagel: "Tariffs are slowing down global growth"
Donald Trump's new tariffs are slowing down global growth, according to ECB chief Joachim Nagel.
- Growth prospects have deteriorated sharply, he tells Reuters.
At the same time, Nagel emphasizes that the ECB is doing its part to support Europe and that it is on track to reach its inflation target this year. The central bank has already cut interest rates six times in the past year, and another cut may be on the agenda at the meeting on April 17.
Swedish growth
Thedéen warns: Tariffs could "put ripples in the water"
The US tariffs are unilaterally negative and also risk cooling the economy and growth prospects. This is what Riksbank Governor Erik Thedéen tells DI.
According to Thedéen, there is a risk that both households and industry will choose to postpone purchases and investments.
- Then it could, like ripples in the water, have effects on the Swedish economy, he tells the newspaper.
Trump's tariff policy
Hassett: Trump will soon review the world's tariff proposals
Trump wants fair and reciprocal trade and that is something he will weigh when it comes time to accept the world's tariff proposals. This is according to White House economic adviser Kevin Hassett.
Right now, the White House is preparing a plan to be presented to Trump on which countries the US should negotiate with – and when they will take place. Among others, Japan and South Korea are first in line, while China is further down the list, he explains.
- The focus is firmly on major trading partners that have given the US a trade deficit for several years, says Hassett.
Trump: "China wants to reach an agreement – but does not know how"
China wants to reach an agreement with the US regarding tariffs, but does not know how to begin the process. Donald Trump writes on Truth Social.
"We are waiting for their talks. It will happen!"
At the same time, the American president emphasizes that he has just concluded an “excellent conversation” with the acting president of South Korea. He emphasizes that the starting point is positive and that there is a great chance of reaching an agreement that is beneficial to both countries.
“We are also negotiating with many other countries that are willing to make an agreement with the United States,” writes Trump.
Reactions to the tariffs
Buffett defies the stock market chaos – one of two super-rich in plus
Investment guru Warren Buffett is one of the few super-rich who has defied the stock market chaos and is in plus this year. This is reported by Bloomberg.
So far, Buffett’s net worth has increased by $ 11.5 billion, despite a major loss in April, and now stands at a total of $ 153.5 billion, equivalent to 1539 billion kronor.
According to Bloomberg’s Billionaires Index, Buffett is the world’s fourth richest and is one of two among the 20 richest whose wealth has increased this year. The second is L’Oreal heiress Francoise Bettencourt Meyers, the world’s 19th richest.
Trump wants fair and reciprocal trade and that is something he will weigh when it comes time to accept the world's tariff proposals. This is according to White House economic adviser Kevin Hassett.
Right now, the White House is preparing a plan to be presented to Trump on which countries the US should negotiate with – and when they will take place. Among others, Japan and South Korea are first in line, while China is further down the list, he explains.
- The focus is firmly on major trading partners that have given the US a trade deficit for several years, says Hassett.
Trump: "China wants to reach an agreement – but does not know how"
China wants to reach an agreement with the US regarding tariffs, but does not know how to begin the process. Donald Trump writes on Truth Social.
"We are waiting for their talks. It will happen!"
At the same time, the American president emphasizes that he has just concluded an “excellent conversation” with the acting president of South Korea. He emphasizes that the starting point is positive and that there is a great chance of reaching an agreement that is beneficial to both countries.
“We are also negotiating with many other countries that are willing to make an agreement with the United States,” writes Trump.
Reactions to the tariffs
Buffett defies the stock market chaos – one of two super-rich in plus
Investment guru Warren Buffett is one of the few super-rich who has defied the stock market chaos and is in plus this year. This is reported by Bloomberg.
So far, Buffett’s net worth has increased by $ 11.5 billion, despite a major loss in April, and now stands at a total of $ 153.5 billion, equivalent to 1539 billion kronor.
According to Bloomberg’s Billionaires Index, Buffett is the world’s fourth richest and is one of two among the 20 richest whose wealth has increased this year. The second is L’Oreal heiress Francoise Bettencourt Meyers, the world’s 19th richest.
Inga kommentarer:
Skicka en kommentar