Latest news with #tariffescalation
Bloomberg
13-08-2025
- Business
- Bloomberg
India Is Now Least Favored Asian Stock Market, BofA Survey Shows
India has gone from fund managers' top Asian stock market pick to their least preferred in just three months amid US President Donald Trump's tariff escalation, according to a Bank of America Corp. survey. In the most recent fund manager survey, 30% said they are underweight on India, followed by 20% for Thailand and 10% for Malaysia. Japan fared the best, with China taking the No. 2 spot. A total of 99 panelists with $183 billion of assets responded to the survey's regional questions.
Bloomberg
10-07-2025
- Business
- Bloomberg
Trump Broadens Tariff Offensives With Brazil Threat
In the flurry of form letters President Donald Trump sent to US trading partners this week, one stands apart. Brazil became the first country to get a letter that wasn't on Trump's April 2 'Liberation Day' list, and the first to see a dramatic tariff escalation.
