Ratings agency S&P to review all global forecasts after US tariff shock

Credit ratings giant S&P Global has said it is reviewing all its macro economic forecasts in the wake of Donald Trump’s sweeping world trade tariffs this week, a move likely to fuel concerns of a renewed wave of credit score downgrades. The firm, whose ratings judge the creditworthiness of...

https://www.hellenicshippingnews.com/ratings-agency-sp-to-review-all-global-forecasts-after-us-tariff-shock/

EU should not retaliate in kind for US tariffs, French finance minister says

The European Union should not respond to U.S. President Donald Trump’s reciprocal tariffs with exactly the same counter-measures as it would impact EU consumers, French Finance Minister Eric Lombard said on Friday. Trump on Wednesday unveiled sweeping tariffs on dozens of countries with a baseline...

https://www.hellenicshippingnews.com/eu-should-not-retaliate-in-kind-for-us-tariffs-french-finance-minister-says/

UN carbon pricing on shipping nears finalisation in London next week

The UN’s International Maritime Organization (IMO) is entering the final stage of negotiations on a carbon price on international shipping–the world’s first global pricing of emissions on any sector–at the 83rd session of the Marine Environment Protection Committee (MEPC 83) meeting in London next...

https://www.hellenicshippingnews.com/un-carbon-pricing-on-shipping-nears-finalisation-in-london-next-week/

Trump’s trade policies triggered largest Asian equity outflows in at least 15 years in Q1

Foreign investors withdrew the largest amount of money from Asian equities in about 15 years in the quarter to March ahead of U.S. President Donald Trump’s major tariff announcement – and some say the region may see more selling as investors head for safe-haven assets. Overseas investors divested...

https://www.hellenicshippingnews.com/trumps-trade-policies-triggered-largest-asian-equity-outflows-in-at-least-15-years-in-q1/