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Global Markets on Edge Amid U.S. Trade Policy Risks

2/7/2025

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Story summary
  • The Bank for International Settlements cautions that U.S. trade policies under President Trump pose risks to global markets, especially Canada, Mexico, and China.
  • Thailand's economy is constrained by fiscal policy as public debt approaches 70% of GDP, prompting possible rate cuts from the Bank of Thailand.
  • Japan's Prime Minister Ishiba visits the U.S. to address concerns over tariffs affecting Japanese automakers dependent on North American supply chains.