Latest news with #tarifftensions
Bloomberg
25-07-2025
- Business
- Bloomberg
Brazil Producers Look to Halt Pig Iron Output as US Tariff Threat Crimps Demand
Some of Brazil's pig iron producers are looking at halting operations as tariff tensions shrink demand from customers in the US, the top buyers of cargoes from the South American nation. Modulax will shut down operations next week, with plans for doing maintenance work that was originally scheduled for later in the year, according to the Chief Executive Officer Geraldo Basques. 'We have no date to resume production,' he said in an interview, citing the trade concerns.
Bloomberg
23-05-2025
- Business
- Bloomberg
RBI Governor Sees India's Growth Moderately Hit on Tariff Woes
India's economic growth will see a short-term impact of the ongoing tariff tensions, the central bank governor said, though the South Asian nation will stay resilient amid geopolitical and trade uncertainties. 'I am hopeful that the impact of trade tariffs on our growth will be moderate,' Reserve Bank of India Governor Sanjay Malhotra said in an interview with the Times of India published Friday. Despite the global turmoil, India will remain the fastest-growing major economy 'not only this year, but also in the decade ahead,' he said.
Bloomberg
20-05-2025
- Business
- Bloomberg
Teneo's Kajiwara on C-Suite Sentiment Amid Tariff Tensions
Bloomberg Markets: The Close Kevin Kajiwara, Teneo co-president of political risk advisory, discusses the state of CEO sentiment amid recent tariff tensions on "Bloomberg The Close." (Source: Bloomberg)
