Stocks Rise After Automakers Receive One-Month Tariff Exemption 
 

U.S. stocks rebounded after the White House announced a one-month tariff reprieve for auto imports from Mexico and Canada, suggesting that President Trump is open to additional exemptions on import taxes on America's two-largest trading partners.

 
White House Grants One-Month Tariff Exemption for Automakers 
 

The reprieve applies to cars from Canada and Mexico that comply with the free-trade deal between those two countries and the U.S.

 
Tariff Whiplash Spooks U.S. Consumers 
 

Uncertainty around Trump's trade war is weighing on Americans and causing some to hold back on purchases.

 
ECB Expected to Cut Rates as Trump Tariffs Loom Over Global Economy 
 

Traders see a 98% chance of a quarter-point reduction by the European Central Bank. The Federal Reserve has paused.

 
Fed Official Says Balance-Sheet Goals May Entail Shorter Portfolio Duration 
 

An official who manages the Federal Reseve's monetary-policy implementation said tweaks to the composition of the central bank's balance sheet could mean the Fed would eventually own relatively more short-term Treasury bills and fewer long-term notes and bonds.

 
China Is Secretly Worried Trump Will Win on Trade 
 

In seeking accord with U.S., Beijing wants to avoid becoming isolated like the Soviet Union during the Cold War.

 
Eight Fed districts had flat or slightly negative growth in February: Beige Book 
 

The report from the Federal Reserve comes as talk about a potential recession has picked up in recent days.

 
One big takeaway from Trump's speech? He needs a weak dollar. 
 

Even though the U.S. dollar has been sliding on international exchanges for weeks, the president didn't even pay lip service to the idea of a strong greenback - let alone endorse an actual strong-dollar policy - in his speech on Tuesday.

 
BOE Governor Sees 'Substantial' Threat to Global Economy From Higher Tariffs 
 

A significant shift is under way in U.S. economic policy that poses a threat to global economic growth, Bank of England Governor Andrew Bailey said.

 
Trump's tariffs worry companies. Here's what they're saying about the uncertainty. 
 

Companies are assuming tariffs will be a 'disturbance' to earnings, but they don't know how much

(END) Dow Jones Newswires

March 05, 2025 23:00 ET (04:00 GMT)

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