Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
(Recasts throughout, updates prices; adds market activity, comments, ICE data, NEW YORK dateline)
NEW YORK/LONDON, March 28 (Reuters) - Arabica coffee futures on ICE inched up on Thursday, boosted by a rebound in the currency of top producer Brazil, while sugar prices slipped.
* May arabica coffee settled up 0.15 cent, or 0.2 percent, at 94 cents per lb., after trading as low as 92.70.
* Prices got some support from a stronger Brazilian currency, dealers said. The currency had dropped in the previous session to 2019 lows versus the dollar.
* A firmer Brazilian currency can discourage producer selling.
* Total open interest rose for the 13th straight day on Wednesday to reach a fresh record-high of 347,560 lots, ICE data show.
* Prices are on track to drop 4.6 percent in March, after falling 9.7 percent in February.
* Global coffee growers have warned that the current price environment is threatening the future of the industry.
* May robusta coffee settled down $12, or 0.8 percent, at $1,492 per tonne.
* Vietnam's March coffee exports are estimated to fall 28.8-33.5 percent from a year earlier, traders said.
* May raw sugar settled down 0.05 cent, or 0.40 percent, at 12.53 cents per lb.
* The market was weighed down by lower oil prices, dealers said, which slipped after U.S. President Donald Trump called on OPEC to boost production.
* Lower energy prices can encourage cane mills in Brazil, a top grower, to produce more sugar rather than ethanol.
* Prices were underpinned, however, by potential delays to the start of Brazil's harvest, dealers said.
* "We expect short-term movement to be limited to the current 12 to 13 (cent per lb) range," said Sucden Financial senior trader Nick Penney.
* Brazil's center-south region will produce 29.5 million tonnes of sugar in the 2019-20 season, up 11 percent over the previous crop but less than projected previously, broker and analyst INTL FCStone said.
* May white sugar settled down $3.50, or 1.1 percent, at $326.60 per tonne.
* The contract has closed lower in seven of the past eight sessions.
* May New York cocoa settled up $9, or 0.4 percent, at $2,257 per tonne.
* The May contract continued to traded at a premium over July <CCK9-N9> for the third straight day as some market participants rolled their positions forward.
* May London cocoa settled up 19 pounds, or 1.1 percent, at 1,710 pounds per tonne.
* The farmgate price for Ivory Coast's cocoa mid crop will remain at 750 CFA francs ($1.29) per kilo, the same price as the main crop which ends on March 30, said two sources at the marketing board. (Reporting by Ayenat Mersie in New York and Nigel Hunt in London; editing by Jane Merriman and Tom Brown)